M&A Deal Summary |
|
---|---|
Date | 2003-03-12 |
Target | Langley Power Centre |
Sector | Real Estate |
Buyer(s) |
Kimco Realty
RioCan |
Deal Type | Joint Venture |
Deal Value | 43M USD |
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Category | Company |
---|---|
Sector | Real Estate |
Employees | 660 |
Revenue | 1.8B USD (2023) |
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 | 13 of 38 |
Sector (Real Estate) | 13 of 37 |
Type (Joint Venture) | 8 of 11 |
State (British Columbia) | 3 of 4 |
Country (Canada) | 8 of 10 |
Year (2003) | 1 of 2 |
Size (of disclosed) | 14 of 23 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2002-12-30 |
Holmdel Town Center
Holmdel, New Jersey, United States Holmdel Town Center is a 296,000 square foot shopping center,Major tenants in this shopping center include A&P, Marshalls, Petsmart, and Barnes & Noble. This property is 90.0 percent leased. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-10-01 |
Mid-Atlantic Realty Trust
Lutherville Timonium, Maryland, United States Mid-Atlantic Realty Trust operates as a fully integrated and self-administered real estate investment trust (REIT).MART owns equity interests in 41 operating shopping centers, 36 of which are wholly owned and four of which are under redevelopment or expansion. |
Buy | $700M |
Category | Company |
---|---|
Founded | 1981 |
Sector | Real Estate |
Employees | 565 |
Revenue | 1.1B CAD (2023) |
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 | 8 of 8 |
Sector (Real Estate) | 8 of 8 |
Type (Joint Venture) | 8 of 8 |
State (British Columbia) | 3 of 3 |
Country (Canada) | 8 of 8 |
Year (2003) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
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 | - |