More on Loblaw
Loblaw to form Real Estate Investment Trust
Loblaw is to form a Real Estate Investment Trust (REIT) to acquire a significant portion of its real estate assets. The grocer plans to sell units of the REIT through an initial public offering and will retain a significant majority interest. The expected completion date is mid-2013, subject to approval.
Store of the week: Loblaws, Toronto
Drama and food retailing may be found in the same place, but not often.