Wednesday, 16 November 2016 21:49

Merger of Florida Firms Create Largest REIT by Equity Value in the Shopping Center Index

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The purchase of Equity One, a retail REIT based in North Miami Beach and New York, by Jacksonville-based Regency Centers Corp., will create $15.6 billion in market capitalization for one entity, according to the South Florida Business Journal. The deal, which was unanimously approved by the boards at both companies, makes this the largest REIT by equity value in the shopping center index. Read More

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