Supermarket operator Safeway Inc. (SWY-N 23.94 -0.36 -1.48%) is exploring putting its Canadian property assets into a real estate investment trust, an executive said at a meeting with analysts on Wednesday.
Loblaw Cos. (L-T 40.78 -0.22 -0.54%), Canada's largest grocer, said in December it planned to put the vast majority of its property assets into a real estate investment trust and some investors are lobbying for Safeway to follow suit.
http://www.bnn.ca/News/2013/3/6/Safeway-mulls-Canadian-REIT.aspx