Real Estate & E-Commerce Split Corp. Class A (TSE:RS) has released an update.
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Real Estate Split Corp. has announced an overnight offering of Class A and Preferred Shares, aiming to attract investors with yields of 12.1% and 4.4%, respectively. The offering is set to close by the end of October, pending approval from the Toronto Stock Exchange. This move is designed to provide a high conviction portfolio of North American real estate companies while offering attractive returns to shareholders.
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