UPDATED: H&R REIT (HR-UN-T) has announced the first of a promised series of major property sales, confirming agreements with “multiple buyers” to divest interests in dozens of North American office and retail assets worth $1.5 billion.
First Capital REIT (FCR-UN-T) plans to reorganize its corporate structure by eliminating its real property subsidiary First Capital Realty and moving all of its assets into subsidiary partnerships and trusts, the REIT has announced.
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