Site Centers Sells $3.7 Billion in Assets and Declares $380 Million in Shareholder Distributions

Reuters
2025.12.04 21:06
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Site Centers Corp. is negotiating to sell four wholly-owned properties and its interest in one joint venture property. Since October 2023, the company has sold $3.7 billion in assets following the spin-off of Curbline Properties. Proceeds have been used to repay debt and distribute $380 million to shareholders.

Site Centers Corp. announced it is in contract negotiations to sell four wholly-owned properties and its interest in one joint venture property. The company has sold $3.7 billion of assets since the October 2023 spin-off of Curbline Properties, as part of its ongoing plan to market and sell its remaining retail properties. Proceeds from these sales have primarily been used to repay debt and distribute capital to shareholders. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Site Centers Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251204585700) on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)