November 10, 2016 / 10:37 PM / a year ago

BRIEF-Riocan Reit And Boardwalk Reit to create a joint venture

Nov 10 (Reuters) - Boardwalk Real Estate Investment Trust :

* Boardwalk Real Estate Investment Trust - Boardwalk will pay riocan approximately $2.9 million for its 50 pct interest in sub-divided land at closing

* Estimated that total construction for project will be between $60 million to $70 million

* Riocan Reit and Boardwalk Reit team up to create a joint venture to develop a mixed use retail and rental residential tower at riocan’s brentwood village shopping centre Source text for Eikon: Further company coverage:

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