DDR Corp. To Spin-Off Portfolio Of 50 U.S. And Puerto Rico Assets [Forbes]
DDR (DDR)
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Source: Forbes
The shopping center REIT, DDR Corp. announced its plans to spin-off Retail Value Trast ("RVT"). A portfolio of 50 assets in the US and Puerto Rico will be spun in Q3-2018. This spin will be taxable. This latest move is inline with their strategy over the last two years.
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