June 16 (Reuters) - Plaza Retail REIT PLZ_u.TO
* Under agreement, Riocan sold 50% managing interest in
three properties at an aggregate sale price of $11.5 million
* Under terms of arrangement, Plaza will manage three assets
and oversee redevelopment efforts for joint venture
* Riocan Real Estate Investment Trust and Plaza Retail REIT
announce joint venture to redevelop three properties
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