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Wednesday, September 11, 2013

Forest City, QIC Complete Mall Joint Ventures

Forest City Enterprises, Inc., (NYSE:FCEA and FCEB) has completed and partially closed joint ventures with QIC, one of Australia's largest institutional investment managers, on eight Forest City regional malls. The agreements call for QIC, established in 1991 by the Queensland government to manage its long-term investments, to recapitalize and invest in Forest City's mall portfolio. Seven of the JVs closed on Sept. 10 and the eighth is expected...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Forest-City-QIC-Complete-Mall-Joint-Ventures/152299?ref=/News/Article/Forest-City-QIC-Complete-Mall-Joint-Ventures/152299&src=rss

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