The 10 richest real estate billionaires in the world
Xu Jiayin, chairman and founder of China Evergrande Group, is the richest real estate billionaire in the world with an estimated net worth of US$33...
Colony Capital provides update regarding impact of COVID-19
Colony Capital, Inc. (NYSE: CLNY) announced a number of updates in connection with the impact of COVID-19 on its assets and business operations.
The Company...
Taubman Centers to temporarily close shopping centers in response to COVID-19
Taubman Centers, Inc. (NYSE: TCO) announced the temporary closures of all but two of the company’s U.S. shopping centers in response to COVID-19. The...
TerraCap buys office property for $54m
Florida-based commercial real estate investment firm TerraCap Management LLC has acquired Cherry Creek Plaza, a Class A office property in Glendale, CO for $54,050,000.
Cherry Creek Plaza is comprised...
TA Realty announces final close of its $1.2bn Realty Associates Fund XII
TA Realty LLC, a real estate investment firm, announced the final close of Realty Associates Fund XII (“Fund XII”), which has total equity commitments...
ICSC calls on Canadian leadership to support Canada’s shopping centre industry
The COVID-19 crisis is threatening the viability of the shopping centre industry as stores and restaurants close to help contain the spread of the...
COVID-19 to impact U.S multifamily industry, Yardi Matrix reports
According to the latest report from Yardi Matrix, the multifamily industry may feel the impact of the domestic spread of COVID-19, although the majority...
KBS signs leases at Class A office plaza in Northern New Jersey
KBS Signs Over 50,000 Square-Feet in Commercial Leases at Class A Office Plaza in the Northern New Jersey Real Estate Market
KBS, one of the...
Coronavirus : Nordstrom closes stores in U.S and Canada
Nordstrom, Inc. announced that it would temporarily close its stores, including Nordstrom full-line, Nordstrom Rack, Trunk Club clubhouses and Jeffrey in the U.S. and Canada for two weeks, effective March 17, to limit the...
Park Hotels & Resorts takes action to mitigate COVID-19 impact
Park Hotels & Resorts Inc. announced it is has taken various actions, independently and in coordination with its hotel management companies, to mitigate the...
Nike closes stores in multiple countries amid coronavirus outbreak
Sportswear giant Nike announced that it has decided to close all its stores in multiple countries around the world including in the United States,...
Covid-19 Impact : Apple closes all retail stores outside of China
Apple announced in a statement that it has decided to temporarily close most of its retail stores outside Greater China for two weeks to...
