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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

RioCan Completes Acquisition of Kimco's Undivided Interest in 28 Canadian Properties

2015

Areas Commercial Real Estate, Mergers and Acquisitions, REITs and Income Securities

Summary

Goodmans represented RioCan REIT (RioCan) in its acquisition of Kimco Realty Corporation's (Kimco) interest in 28 Canadian properties, all selected by RioCan.  The closing was completed in two stages.  The first stage of the closing was completed on October 6, 2015 and consisted of 24 properties at a purchase price of $478,255,948.  The second stage of the closing was completed on December 15, 2015 and consisted of 4 properties at a purchase price of $237,744,052 for a total purchase price value of $716,000,000.  RioCan also assumed Kimco's share of the existing in place debt of $104,000,000.