✉news BusinessRetail first seen 10 h ago, last 4 h ago, peak #23
Brixmor to Buy Slate Grocery REIT in $2.34 Billion Deal
Original: 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.
Why now: It is a large consolidation move in the grocery-anchored retail real estate sector, drawing investor interest.
Brixmor Property GroupSlate Grocery REIT
Rank over time, top of the chart is #1. 5 snapshots from 10 h ago to 4 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/799646