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Riocan Real Estate Investment Trust (RIOCF)

- OTCPK - Current
  • Thu, Sep. 24, 9:25 AM
    • Kimco (NYSE:KIM) will sell its interest in a Canadian JV owning 35 properties to its JV partner RioCan Real Estate Investment Trust (OTCPK:RIOCF).
    • The move is inline with Kimco's strategy to simplify its business by, among other things, reducing the amount of properties it owns in JVs.
    • The sale will take place in stages, and the disposition of the initial 19 properties will result in cash proceeds to Kimco of about $220M.
    • Source: Press Release
    | Thu, Sep. 24, 9:25 AM | Comment!
RIOCF vs. ETF Alternatives
Company Description
Currently, there's no company description for RIOCF.
Sector: Financial
Country: Canada