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Mills buys stakes in 9 GM-owned malls
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| Virginia-based REIT will pay $1B, before transaction costs, for a 50% stake in the properties. NEW YORK (Reuters) - Real estate investment trust Mills Corp. said Tuesday it will buy a 50 percent managing stake in nine regional malls from a General Motors |
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Aug 17, 2004 21:07:01 |
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0 | | Author | CNN |
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| Similar news: | - Mills to pay GM unit $1 bln for stakes in 9 malls - NEW YORK, Aug 17 (Reuters) - Mills Corp. (MLS.N: Quote, Profile, Research) , a real estate investment trust, on Tuesday said it agreed to buy a 50 percent managing stake in nine regional malls from General Motors Corp.'s (GM.N: Quote, Profile, Research) .
- Mills Corp. buys $1B stake in malls - The Mills Corp., best known for developing locally Potomac Mills Mall and Arundel Mills Mall, has gone on a shopping spree.
- Mills Buys Into Lakeforest Mall - Mills Corp., the Arlington-based retail developer, said yesterday it plans to buy half of Lakeforest Mall in Gaithersburg and eight other malls around the country in a billion-dollar deal that gives it a new portfolio of shopping centers to ...
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