09:55 AM EST - Huntingdon Capital Corp. : announced today that it has entered into a binding agreement to sell Portage Place, Peterborough, Ontario. The previously announced agreement in February to sell four Ontario retail properties has been amended to include Portage Place. The revised terms of the agreement include the sale of five Ontario retail properties for gross sale proceeds of $80.0 million. Based on 2012 budgeted net operating income, this transaction represents a 6.3% capitalization rate. Huntingdon Capital Corp.
shares T.HNT are trading up $0.05 at $11.00.
