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Apple Hospitality REIT takes steps to mitigate impact of COVID-19

Apple Hospitality REIT, Inc. (NYSE: APLE) announced that it has taken steps to mitigate the impact of the novel coronavirus (COVID-19) outbreak on its...

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...

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...

Asia Pacific investors move into wait-and-see mode

As Q1 2020 is mired in disruptions to travel, supply chains and business activities due to the unpredictable nature of COVID-19, investors across Asia...

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...

Ventas comments on COVID-19 and provides update on full-year 2020 guidance

Ventas, Inc. (NYSE:VTR), an S&P 500 company and real estate investment trust, issued the following statement regarding the on-going COVID-19 pandemic. “At Ventas, our first...

Federal Reserve cuts rates by 100 bps to near zero

The US Federal Reserve lowered its benchmark interest rate by 100 basis points, to a range of 0 - 0.25 percent, on Sunday in response...

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,...

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