September 24, 2003
Willkie client CBL & Associates Properties, Inc. announces joint venture with Galileo America REIT, the U.S. affiliate of Australia-based Galileo America Shopping Trust, to invest in power and community centers throughout the United States.
On September 24, Willkie client CBL & Associates Properties, Inc. announced that its has formed a joint venture with Galileo America REIT, the U.S. affiliate of Australia-based Galileo America Shopping Trust, to invest in power and community centers throughout the United States. CBL will contribute to the joint venture 90% of its ownership interest in 51 power and community centers for total consideration of approximately $516 million and will retain a 10% interest in the joint venture. The 9/25 Daily Deal reports that partners Henry Cohn, Yaacov Gross, Eugene Pinover and Douglas Ulene advised CBL. Associates Raquel Bonanno, Leslie Hollmann, Tiehu Liu, and Aileen Vazquez also worked on the deal.
