Tag: Covid-19
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...
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...
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,...
Mirvac tells employees to work remotely to prevent Covid-19 spread
Australian property group Mirvac has announced measures to prevent the spread of COVID-19 infection within its workforce and wider community. Mirvac said in a...
