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Mexico: Real estate trust makes $1.8B portfolio buy

By  |  May 22, 2014

Mexico-based real estate investment trust Fibra Uno announced plans to acquire a portfolio of 15 properties in a $1.8 billion deal.

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    According to reports, Fibra Uno made a regulatory filing announcing the acquisition. The company said it engaged in more than six months of negotiations.

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    The trust, which is the largest such trust in the nation, will need to retain approval from the Federal Economic Competition Commission for the acquisition.

    Full content: Fox News

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