Realty Income to Acquire Spirit Realty Capital in $9.3 Billion Transaction NEWS PROVIDED BY Realty Income Corporation 30 Oct, 2023, 06:30 ET – Over 2.5% Accretion to Annualized AFFO per Share in All Stock, Leverage-Neutral Transaction – Complementary Real Estate Portfolio Enhances Size, Scale and Diversification to Expand Runway for Future Growth – No Reliance […]
Rite Aid Files for Bankruptcy Protection, Plans Store Closings
Pharmacy Chain Looks To Reject Leases Rite Aid said it will accelerate the optimization of its physical footprint, namely closing some stores. (CoStar) By Linda Moss CoStar News October 16, 2023 | 12:06 AM Pharmacy chain Rite Aid, facing significant debt and plagued by litigation related to filling prescriptions for opioids, filed for Chapter 11 bankruptcy […]
KKR Unloads Over $560 Million of US Industrial Real Estate
Firm Remains Large Player in Sector, With Properties in Major Metropolitan Areas KKR, which owns industrial properties including Park 70 in Aurora, Colorado, has sold over $560 million of industrial real estate recently. (CoStar) By Andria Cheng CoStar News October 3, 2023 | 3:51 P.M. Global private equity firm KKR has sold over 5 million square […]