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BREAKING NEWS: Choice Properties, KingSett to Acquire First Capital REIT in $9.4B Deal

KingSett and Choice Properties will acquire First Capital in a unit and cash transaction valued at approximately $9.4 billion, including the assumption of certain debt, the three companies announced T

BREAKING NEWS: Choice Properties, KingSett to Acquire First Capital REIT in $9.4B Deal
Photo: Connect CRE

Summary

KingSett and Choice Properties will acquire First Capital in a unit and cash transaction valued at approximately $9.

4 billion, including the assumption of certain debt, the three companies announced Thursday.

As part of the agreement, Choice Properties will acquire approximately $5.0 billion of high-quality retail assets from First Capital, while KingSett will acquire approximately $4.4... The post BREAKING NEWS: Choice Properties, KingSett to Acquire First Capital REIT in $9.4B Deal appe

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