Tag: Trapper

RioCan to buy out 22 properties from Kimco for 715 million as

TORONTO — The RioCan and Kimco real estate businesses are unwinding their Canadian partnership, which jointly owns 35 properties in six provinces.RioCan Real Estate Investment Trust will pay $715 million to acquire Kimco Realty Corp.’s stake in 22 of the properties and assume Kimco’s share of their existing debt.The properties in this group — primarily shopping centres, plazas and power centres in British Columbia, Ontario, Quebec and Alberta — will be transferred to RioCan in two phases, to be completed by the first quarter of 2016.RioCan and Kimco will also seek to dispose of 13 additional institutional-quality retail properties, including the Halifax Walmart Centre in Nova Scotia and Charlottetown Mall in Prince Edward Island.RioCan REIT upgraded despite weak retail sectorRioCan Real Estate Investment Trust investigating possible sale of U.S. propertiesThey expect to have 10 of those properties sold by the second half of 2016 and three — which housed Target Canada stores — at a later date.RioCan chief executive Edward Sonshine said it’s a rare opportunity to acquire a large number of properties that can be easily absorbed by the real estate trust.“This acquisition improves RioCan’s Canadian portfolio by increasing the concentration of the trust’s portfolio located in Canada’s six largest markets, most notably in the Greater Toronto Area,” Sonshine said.Kimco chief executive Dave Henry says the divestment continues efforts to simplify its operations “and provides an important source of capital to fund redevelopment activities and further strengthen our balance sheet.” read more

Is the Irish accent actually the sexiest in the world

first_imgWE’RE ALWAYS BEING told that an Irish accent is one of the sexiest in the world.What does it have that the rest of the world wants so bad? Let’s break it down.It’s time to get to the root of just why our beautiful brogue is SO DAMN SEXY.1. It’s not what they think it isWe’re more complex and enigmatic than the rest of the world gives us credit for. And nothing is sexier than a bit of enigma, right?They think we all walk around saying “Begorrah” and “Top of the morning to ya”. But then they arrive here and we DON’T. We’re so much more than that.Source: Flickr/Rachel Voorhees2. There’s a lot of them for such a small islandThe fact that an Irish accent is nigh-on unbearably sexy is unarguable, but it leaves out that our little island houses so many different twangs. A Donegal accent is totally different from a Dublin one, and worlds away from a Corkonian twinge or Galwegian burr.Source: Google Maps3. Often imitated, never beatenWe’re often confused with Scotland and then there are those imitators over in Newfoundland. Leave it to the pros, lads. Leave it to the pros. Source: timobolling4. Our amazing vocabularyAccent aside, we do have a wonderful and inventive way with words. If if an Irish person was slagging you, you’d walk away with the impression that you’d just been told a beautiful, nearly incomprehensible short story.Source: Shutterstock5. We say it best…When we say nothing at all. Or, at the very least, when we’re lost for words. How many ways can an Irish person say sweet nothing?“Em… That yoke… Ara… C’mere…Ah sure…Well…”6. The soft Irish TGate becomes Gaysh. DART becomes Darsh. Best not to analyse this one too closely and just conclude it makes us irresistible to highly-trained ears from foreign soil.(And we are ALL occasionally culprits, not just those from south of the Liffey.)Source: Flickr/Informatique7. It’s not always what it seems“I will, yeah.” The forceful positive that actually means a negative. We’re not sure how this makes us sexy, but it might have something to do with playing hard to get. Source: Peter Morrison8. And finally…Remember this ad from 1999? Source: meadowsirlOh well, never mind. We still think our accents are sexy. And that’s all that matters.Read: 5 videos of non-Irish people attempting Irish accents>Read: 11 ways to tell if you’re Irish… according to you>last_img read more