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PECO — Phillips Edison & Company News Story

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Brief: Phillips Edison & Company Announces $377.5 Million Expansion Of Joint Venture With Northwestern Mutual

BRIEF-Phillips Edison & Company Announces $377.5 Million Expansion Of Joint Venture With Northwestern Mutual

- Phillips Edison & Company, Inc. PECO.O:

  • PHILLIPS EDISON & COMPANY ANNOUNCES $377.5 MILLION EXPANSION OF JOINT VENTURE WITH NORTHWESTERN MUTUAL

  • PHILLIPS EDISON & COMPANY, - JOINT VENTURE TERM EXTENDED BY 10 YEARS TO 2036

  • PHILLIPS EDISON & COMPANY, - NORTHWESTERN MUTUAL RETAINS 86% INTEREST, PECO RETAINS 14% INTEREST IN JOINT VENTURE

  • PHILLIPS EDISON & COMPANY, - EXPANSION TO OCCUR IN STAGES, ADDITIONAL TRANSFERS EXPECTED BY EARLY 2027

  • PHILLIPS EDISON & COMPANY - EXPANDED JOINT VENTURE TO BUY 13 SHOPPING CENTERS OWNED BY PECO

Source text: ID:nGNXb1WhTX

Further company coverage: PECO.O


((((Reuters.Briefs@thomsonreuters.com;));))

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