Canadian REIT Buys Texas Properties

Canada's largest real estate investment trust on Thursday said it had agreed to acquire an 80% interest in eight Texas shopping centers, including several anchored by Wal-Mart, H.E. Butt Grocery Co. and Safeway's Tom Thumb.

TORONTO — Canada's largest real estate investment trust on Thursday said it had agreed to acquire an 80% interest in eight Texas shopping centers, including several anchored by Wal-Mart, H.E. Butt Grocery Co. and Safeway's Tom Thumb.

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