Real Estate & E-Commerce Split Corp. Class A (TSE:RS) has released an update.
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Real Estate Split Corp. has successfully completed an overnight offering of Class A and Preferred Shares, raising approximately $46.4 million in gross proceeds. The shares, trading on the Toronto Stock Exchange, offer attractive yields and are part of a diversified portfolio focused on leading North American real estate companies. This move is designed to provide investors with both income through cash distributions and potential capital appreciation.
For further insights into TSE:RS stock, check out TipRanks’ Stock Analysis page.