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Vornado Realty Trust is following through on its pledge last month to sell many or all of its shopping malls, having hired brokerage Eastdil Secured to market for sale its stakes in three malls in and around New York City. Eastdil is listing ...
May 22, 2012 at 22:19 | Source: Wall Street Journal
Green Street Advisors, which tracks real-estate investment trusts, has made an intriguing prediction this year that 10% of U.S. malls will be remade or bulldozed into something other than malls within the next decade. Turns out, many mall ...
May 22, 2012 at 16:36 | Source: Wall Street Journal
Glimcher Realty Trust Glimcher Realty Trust Latest from The Business Journals Glimcher seals deal with Blackstone for Hawaii mall Glimcher Realty completes purchase of Pearlridge Center Central Ohio earnings reports this week Follow this company ...
May 24, 2012 at 18:49 | Source: The Business Journal
CapitaMalls Asia (CMA) plans to double the value of the malls it has in China within the next three to five years. As of the end of March, it owned fully or has stakes in 42 operational malls in China, with another 15 being developed. These ...
May 20, 2012 at 23:26 | Source: Straits Times
Investors including Barry Sternlicht and KKR & Co. (KKR) (KKR) are buying second-tier shopping malls in places from Lincoln, Nebraska, to suburban Chicago in a hunt for higher yields as retail sales at the properties rebound. Sternlicht’s ...
May 19, 2012 at 06:45 | Source: Businessweek
Businesses will go to great, and sometimes unusual, lengths in order to entice customers into going shopping. With the goal of becoming a “destination,” rather than just another place to shop, malls and car dealerships are getting creative.
May 23, 2012 at 23:58 | Source: Time
Small businesses that sell their wares from the ground floors of Housing Board malls are feeling the heat due to a plan to reduce the space available. At least six shopping centres have already stopped leasing out lots at their concourses.
May 23, 2012 at 23:44 | Source: Straits Times
The Thai Shopping Center Association (TSCA) is seeking support from the government to build park-and-ride facilities in Greater Bangkok. The objective is to reduce traffic congestion in the central city while increasing the number of shoppers there.
May 22, 2012 at 19:42 | Source: Bangkok Post
PlaceWise Media, an integrated digital marketing provider to the shopping center industry and interactive media network operator, today announced its Shoptopia NetworkTM has exceeded 100 member malls, establishing it as the largest interactive mall-media ...
May 21, 2012 at 14:07 | Source: YAHOO!
This is with reference to the insufficient parking space provided by certain commercial places within the country. These places have been built without taking into consideration the vehicles of the customers which will need to be parked for the ...
May 22, 2012 at 03:07 | Source: DAWN Group