TITLE

Target considers creating largest U.S. REIT

PUB. DATE
November 2008
SOURCE
SCTWeek;11/3/2008, Vol. 13 Issue 44, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Target Corp. to create the largest retail real estate investment trusts (REIT) in the U.S. The company's move is in line with the recommendation of Pershing Square Capital Management who owns 10% of the company. It relates that the plan would allow them generate $8 billion in dividends in the new REIT.
ACCESSION #
35266793

 

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