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Bankrupted JC Penney plans to spin properties into new real estate

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A piece of J.C. Penney's proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate investment trust.
A piece of J.C. Penney's proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate investment trust.

JCPenney was once a shopping giant. Can it make a comeback?

Is about to buy J.C. Penney? - RetailWire

JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business

Simon, Brookfield reach deal with lenders to acquire bankrupt J.C. Penney – Indianapolis Business Journal

J.C. Penney Plans to Spin Off Its Real Estate Division into a REIT

Mall Owners' J.C. Penney Rescue Is Back on Track

JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business

What happened to JCPenney? - FourWeekMBA

J.C. Penney Faces Possible Snag to a Smooth Restructuring - Bloomberg

Who will come to J.C. Penney's rescue? - RetailWire

Copper Property Sells JCPenney Stores at 5 Mid-Atlantic Malls for $53M – Commercial Observer