M&A Deal Summary |
|
|---|---|
| Date | 2002-07-10 |
| Target | Tillicum Shopping Centre |
| Sector | Real Estate |
| Buyer(s) |
RioCan
Kimco Realty |
| Deal Type | Joint Venture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Real Estate |
| Employees | 565 |
| Revenue | 1.2B CAD (2024) |
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 | 7 of 8 |
| Sector: Real Estate M&A | 7 of 8 |
| Type: Joint Venture M&A Deals | 7 of 8 |
| State: British Columbia M&A | 2 of 3 |
| Country: Canada M&A | 7 of 8 |
| Year: 2002 M&A | 7 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-07-10 |
South Edmonton Common
Edmonton, Alberta, Canada South Edmonton Common will comprise over 1 million square feet of newly constructed unenclosed new format retail space upon completion. South Edmonton Common is anchored by tenant-owned retailers Wal-Mart, Loblaws and Home Depot. National tenants include Michaels, The Brick, Home Outfitters, London Drugs and Old Navy. The centre is currently 100% occupied. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-03-12 |
Langley Power Centre
Langley, British Columbia, Canada Langley Power Centre, is a 228,000 square foot unenclosed new format retail centre. Tenants of this 100% occupied centre include some of Canada's leading retailers, such as Winners, Michaels, Future Shop, Office Depot, Golf Town and Forzanis. |
Buy | $43M |
| Category | Company |
|---|---|
| Sector | Real Estate |
| Employees | 717 |
| Revenue | 2.0B USD (2024) |
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 | 7 of 39 |
| Sector: Real Estate M&A | 7 of 38 |
| Type: Joint Venture M&A Deals | 7 of 11 |
| State: British Columbia M&A | 2 of 4 |
| Country: Canada M&A | 7 of 10 |
| Year: 2002 M&A | 7 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-07-10 |
South Edmonton Common
Edmonton, Alberta, Canada South Edmonton Common will comprise over 1 million square feet of newly constructed unenclosed new format retail space upon completion. South Edmonton Common is anchored by tenant-owned retailers Wal-Mart, Loblaws and Home Depot. National tenants include Michaels, The Brick, Home Outfitters, London Drugs and Old Navy. The centre is currently 100% occupied. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-11-19 |
Parkway Supercenter
Washington, United States Parkway Supercenter is a 467,701 square foot shopping center anchored by Best Buy, Marshalls, Michaels Stores, Ross Dress for Less and Old Navy. |
Buy | - |
