Safeway mulls Canadian REIT
March 7th, 2013
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 inv ...