UPDATED WITH ADDITIONAL DETAILS: Toronto-based Altus Group (AIF-T) has acknowledged it is undergoing a “strategic review” in response to a media report that it is considering a “potential transaction” for the company.
RioCan is exiting from five properties in which it was a financial partner with bankrupt Hudson Bay, but while that saga and its apartment building sales may be big headline generators, the trust’s attention remains focused on its retail operations.
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