Cohen & Steers’ Real Estate Opportunities Fund Acquires Royal Plaza In Front Royal, Virginia, Through Joint Venture With DLC; No Financial Terms Disclosed
Cohen & Steers (NYSE:CNS) announced today that the Cohen & Steers Real Estate Opportunities Fund (REOF) has acquired Royal Plaza, a grocery-anchored center in Front Royal, Va., part of the Washington D.C.
Cohen & Steers' real estate fund bought a shopping center in Virginia with a partner company. When a company buys property, it shows they believe that area will be valuable, so it's worth noticing what kinds of places they're betting on.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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