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Dundee Corp. has sold stakes in two of its REITs after David Goodman took over as president and CEO.
Dundee Corp. has sold stakes in two of its REITs after David Goodman took over as president and CEO.
(Fred Lum/The Globe and Mail)

Dundee sells stakes in REIT family

David Goodman isn’t wasting time getting down to business.

Just three days after being named Dundee Corp.’s new chief executive officer, taking the reins from his father Ned Goodman, there was speculation that David had sold substantial stakes in two real estate investment trusts that originally carried the Dundee name, freeing up cash to deploy toward his own initiatives.