Announced
Completed
Synopsis
DRA Advisors, a real estate investment advisor, and KPR Centers, a real estate investment, development and management company, completed the acquisition of a portfolio of 33 grocery-anchored shopping centers of Cedar Realty Trust, a real estate investment trust, for $879m. "We believe this combination of transactions represents the best possible outcome for our common shareholders and we are very pleased with the progress thus far of our dual-track review of strategic alternatives," Bruce Schanzer, Cedar President and CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.