Real Estate Split Corp. Completes $46.4 Million Offering

Real Estate & E-Commerce Split Corp. Class A (TSE:RS) has released an update.

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.

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