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RioCan Tells Analysts $500M in Assets Sold

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RioCan Real Estate Investment Trust told Bay St. analysts during a call to discuss fourth-quarter results that the firm has sold or has firm purchase agreements for more than $500 million of property as part of its plan to dispose of up to $2 billion of non-core assets. In November, RioCan announced the first move in the strategy announced a month earlier with a $200 million sale of seven retail properties in Ontario, British Columbia and Saskatchewan...

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