May 23 (Reuters) - Riocan Real Estate Investment Trust :
* Riocan REIT announces firm agreement at Sunnybrook Plaza with Concert Real Estate Corporation
* Riocan Real Estate Investment Trust - announce signing of firm agreement on May 17, 2017, with Riocan selling a 50pct interest in Sunnybrook Plaza at price of $26.3 million
* Riocan Real Estate Investment Trust - partners will share in development costs on a 50/50 basis with transaction set to close in June 2017
* Riocan - Riocan will continue to act as interim property manager until redevelopment commences, and will act as retail property manager on completion
* Riocan Real Estate Investment Trust - concert will act as both development manager and property manager for residential portion of property Source text for Eikon: Further company coverage:
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