U.S. real estate economists predict ‘short-lived recession’, survey finds
U.S. real estate economists are predicting some light at the end of the tunnel with a short-lived recession and above average GDP growth in...
Taubman confirms notice from Simon Property to terminate merger agreement
Taubman Centers, Inc. has confirmed receipt of notice from Simon Property Group to terminate the previously announced agreement and plan of merger among Simon,...
Taubman Centers opens all properties in U.S. and Asia
Taubman Centers, Inc. announced that it has opened 100 percent of its shopping centers in the U.S. and Asia. The company said most U.S....
7‑Eleven to acquire convenience store chain for $21bn
7‑Eleven, Inc. (7‑Eleven), the largest chain in North America convenience-retailing industry, has entered into an agreement to acquire Speedway, a convenience store chain, from Marathon...
Brookfield borrows US$1.8bn to refinance New York office tower
Brookfield Property Partners, listed on the Nasdaq Stock Market and the Toronto Stock Exchange, has completed $2.2 billion financings in two transactions.
The company said in...
Thompson Thrift to develop shopping center in Naperville, Illinois
Thompson Thrift Retail Group, a wholly-owned company of Indianapolis-based Thompson Thrift, has acquired a 4.2 acres of land to develop a $19 million shopping...
HBC unveils HBC Properties and Investments
HBC has unveiled HBC Properties and Investments (HBCPI), a dedicated real estate and investments business to manage, maximize and enhance the company’s robust portfolio...
JCPenney gets court approval for asset purchase agreement with Brookfield, Simon
JCPenney announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved the asset purchase agreement with Brookfield Asset Management, Simon...
Amazon to create more than 2,000 jobs in Nevada
Amazon.com, Inc. will create more than 2,000 new permanent full- and part-time jobs in Nevada with eight new buildings across the state to support customer fulfillment...
JBG Smith buys development site in National Landing
JBG Smith has acquired the former Americana Hotel situated directly across the street from Amazon’s future headquarters in National Landing.
The 1.4-acre Americana site in...
Lineage Logistics buys refrigerated railcar firm Cryo-Trans
Lineage Logistics, the temperature-controlled industrial REIT and logistics solutions provider, announced that it has acquired Cryo-Trans, an owner of North America’s largest private fleet...
Neuberger Berman arm invests $320m in Asia Capital Real Estate
Asia Capital Real Estate (ACRE), a global real estate private equity firm, has obtained a $320 million capital commitment from a fund managed by...
