M&A Deal Summary |
|
|---|---|
| Date | 2002-05-06 |
| Target | Brentwood Village Shopping Centre |
| Sector | Real Estate |
| Buyer(s) |
Kimco Realty
RioCan |
| Deal Type | Joint Venture |
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| Category | Company |
|---|---|
| Sector | Real Estate |
| Employees | 606 |
| Revenue | 1.4B USD (2021) |
Kimco Realty is a real estate investment trust (REIT) that owns and operates North America's major publicly traded portfolio of neighborhood and community shopping centers. Kimco Realty is based in Jericho, New York.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 37 |
| Sector (Real Estate) | 3 of 36 |
| Type (Joint Venture) | 3 of 11 |
| State (Alberta) | 1 of 2 |
| Country (Canada) | 3 of 10 |
| Year (2002) | 3 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-05-06 |
Strawberry Hill Shopping Centre
Surrey, British Columbia, Canada Strawberry Hill Shopping Centre is an unenclosed 330,000 square foot shopping centre anchored by a 104,000 square foot Home Depot, a 52,000 square foot Cineplex theatre and a 31,000 square foot Winners. Other national tenants include Chapters, Petsmart, Sport Chek, Pennington's, Payless Shoes and Scotia Bank. The centre is currently 99.2% occupied and has expansion capability of up to 16,000 square feet of retail space. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-07-10 |
Tillicum Shopping Centre
Victoria, British Columbia, Canada Tillicum Shopping Centre is a 412,000 square foot shopping centre anchored by Canada Safeway, London Drugs, Zellers, Winners and Famous Players, which is the only stadium seating theatre on Vancouver Island. Other national tenants include Petcetera, GNC, Stokes, Payless Shoesource, Kelsey's and Montana's. This recently renovated centre is currently 98.6% occupied. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Real Estate |
| Employees | 730 |
| Revenue | 1.2B CAD (2022) |
RioCan is Canada's real estate investment trust. RioCan has total assets of approximately $3 billion consisting of ownership interests in a portfolio of 151 retail properties across Canada containing an aggregate of over 23 million square feet of gross leasable area. RioCan derives over 77% of its gross revenue from national and anchor tenants, with no one tenant providing more than 5.5% of gross revenue. RioCan's largest tenant is Wal-Mart and 14.2% of RioCan's revenue is provided by food supermarkets. RioCan was founded in 1981 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 8 |
| Sector (Real Estate) | 3 of 8 |
| Type (Joint Venture) | 3 of 8 |
| State (Alberta) | 1 of 2 |
| Country (Canada) | 3 of 8 |
| Year (2002) | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-05-06 |
Strawberry Hill Shopping Centre
Surrey, British Columbia, Canada Strawberry Hill Shopping Centre is an unenclosed 330,000 square foot shopping centre anchored by a 104,000 square foot Home Depot, a 52,000 square foot Cineplex theatre and a 31,000 square foot Winners. Other national tenants include Chapters, Petsmart, Sport Chek, Pennington's, Payless Shoes and Scotia Bank. The centre is currently 99.2% occupied and has expansion capability of up to 16,000 square feet of retail space. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-07-10 |
Tillicum Shopping Centre
Victoria, British Columbia, Canada Tillicum Shopping Centre is a 412,000 square foot shopping centre anchored by Canada Safeway, London Drugs, Zellers, Winners and Famous Players, which is the only stadium seating theatre on Vancouver Island. Other national tenants include Petcetera, GNC, Stokes, Payless Shoesource, Kelsey's and Montana's. This recently renovated centre is currently 98.6% occupied. |
Buy | - |
