Sponsored Links

American Realty Capital Properties to buy $807 mln GE Capital portfolio

Fri May 31, 2013 6:32am EDT

May 31 (Reuters) - American Realty Capital Properties said it would buy an $807 million portfolio of 471 net lease properties from GE Capital as it looks to further diversify its rental revenue.

The company said the acquisition would help it to reduce 2013 proforma rental revenue generated by its largest 10 tenants to 36 percent from 60 percent.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.