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Ramco, Riocan Call Off Partnership

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RioCan Real Estate Investment Trust and Ramco-Gershenson Properties Trust have called off their planned $1.5 billion joint venture to co-own and develop shopping centers in the U.S.

Ramco instead has formed a $450 million joint venture with one of its previous partners, Heitman.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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