Macerich Sells Stake in Two Malls

Source: Asian Wall Street Journal

Chandler : AZ : USA | 2 months ago

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Mall owner Macerich Co. sold a 49.9% interest in two of its malls to real-estate investor Heitman LLC in the third of three such sales aimed at raising capital to pare debt. Heitman, a real-estate investment management company with $20 billion in assets under management, paid $167.5 million in cash...

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News Source: Asian Wall Street Journal | 2 months ago

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