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Mexico: Real estate trust makes $1.8B portfolio buy

 |  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.

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

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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