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Brixmor Property Group
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- 1Brixmor to Buy Slate Grocery REIT in $2.34 Billion Deal▼Brixmor to Acquire Slate Grocery REIT in $2.34B Grocery Retail Deal
Shopping centre owner Brixmor Property Group has agreed to acquire Slate Grocery REIT, a Canadian-listed owner of US grocery-anchored retail centres, in a deal valued at $2.34 billion. The transaction, announced Monday, would expand Brixmor's portfolio of grocery-anchored shopping centres as grocers and value-focused retailers continue to perform well. Market reaction and further deal terms have drawn attention from real estate investors.