Nuveen Real Estate sells stake in Brisbane shopping centre for A$285m
Nuveen Real Estate, one of the largest real estate investment managers globally with US$130 billion of assets under management, has sold 75 percent stake...
Brookfield announces $5bn retail revitalization program
Brookfield Asset Management has launched a 'Retail Revitalization Program' to recapitalize retail businesses in the major markets in which Brookfield operates globally. The compnay is targeting $5...
NRF Chief Economist: Recovery likely to come in ‘fits and starts’
With some stores starting to reopen as governors lift stay-at-home orders across the country, economic recovery from the coronavirus pandemic is likely to come...
intu provides intu Merry Hill car park for Covid-19 mobile testing unit
intu has provided a car park at intu Merry Hill to the Department of Health and Social Care to create a pop-up mobile Covid-19...
NEINVER reopens its outlet centres in Germany and Poland
NEINVER, a Spanish multinational company specialised in managing, developing and investing in commercial and logistics properties, has opened five outlet centres in Poland under...
SL Green sells 609 Fifth Avenue retail condominium for $168m
SL Green Realty Corp. an S&P 500 company and a fully integrated real estate investment trust, or REIT, announced it has entered into a...
New Moody’s Analytics CRE forecasts predict 11% drop in retail rents in 2020
Moody’s Analytics today announced its new forecasts for commercial real estate (CRE) rents and vacancies, covering eight property types and more than 3,000 submarkets...
Deutsche Investment launches food retail asset fund
Hamburg-based Deutsche Investment has launched its first investment fund in the food retail asset class, “Deutsche Investment – Food Retail I,” fund which...
Retailers welcome Federal Reserve expansion of Main Street Lending Program
The National Retail Federation today welcomed the Federal Reserve’s decision to allow larger midsize businesses hit by the coronavirus pandemic to participate in its...
CIM Group to acquire regional shopping mall in Los Angeles
CIM Group has signed a purchase and sale agreement to acquire Baldwin Hills Crenshaw Plaza, a regional shopping mall in the Baldwin Hills/Crenshaw market...
U.S retail industry associations unveil reopening plan
The Retail Industry Leaders Association (RILA) and the National Retail Federation (NRF), two top retail industry associations in the U.S, on Monday released a Blueprint for...
US Foods completes acquisition of Smart Foodservice Warehouse Stores
US Foods Holding Corp. (NYSE: USFD) announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse...
