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Tanger/RioCan joint venture to build outlet centers for Canadians

from Retail Traffic Magazine

A planned joint venture between U.S. retail REIT Tanger Factory Outlet Centers and Canadian RioCan REIT will seek to capitalize on two major trends among North American real estate developers: the increasing popularity of outlet centers and the push to expand internationally. The venture, if successful, might also become an instrument facilitating U.S. retailer expansion into Canada, industry sources say. more

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