Target considers creating largest U.S. REIT

November 2008
SCTWeek;11/3/2008, Vol. 13 Issue 44, p1
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.


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