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First Capital’s $9B portfolio to be divided between Choice Properties and KingSett

First Capital’s $9B portfolio to be divided between Choice Properties and KingSett

TORONTO — Choice Properties REIT and KingSett Capital have signed a deal worth more than $9 billion to buy First Capital REIT and split up the trust's shopping centre-focused real estate portfolio.
The cash-and-unit deal, valued at about $9.4 billion including

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