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Bankrupted JC Penney plans to spin properties into new real estate

Bankrupted JC Penney plans to spin properties into new real estate

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.

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JC Penney files for bankruptcy during coronavirus pandemic

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

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JC Penney may be bought by its biggest landlords, Simon and Brookfield

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