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home / news releases / RPAI - Kite And Retail Properties Of America - A Great Match

RPAI - Kite And Retail Properties Of America - A Great Match

Retail Properties of America Inc. Class A
  • Kite announced in July that it is acquiring Retail Properties of America in a deal that would create a $7.5B REIT with 185 open-air shopping centers.
  • The merger will bolster Kite's presence in existing markets and provide new exposure to gateway cities while being immediately accretive to earnings.
  • We view this transaction as Kite's way of doubling down on its conviction of "skating to where the puck is going to be".

For further details see:

Kite And Retail Properties Of America - A Great Match
Stock Information
Company Name: Retail Properties of America Inc. Class A
Stock Symbol: RPAI
Market: NYSE
Website: rpai.com
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