In the realm of property leasing, Simon Property Group, the largest mall owner and developer in the U.S., is seeing growth in tenant sales, particularly in its tourism-centric properties, including both outlets and malls. While overall foot traffic was reported to be slightly higher compared...
The landlords who hold the bulk of the nation’s malls would like to unload those fading centers that are failing to attract traffic in the era of eCommerce. Whether or not they will be able to lower the price sufficiently to attract buyers remains an...
APG Asset Management, the Dutch pension fund, and The Xander Group, the investment firm, announced Friday (Nov. 4) the two have teamed up to acquire three shopping centers in India for $300 million. According to a report by Reuters, APG Asset Management and Xander Group are...
Last week, just days after Christmas, Toys”R”Us’ Times Square location was abuzz with activity but not for the best of reasons. Wednesday (Dec. 30) marked the last day the flagship location would be open, as it closed its doors for good at 6 p.m. As...
August 05, 2024
While there are signs in the broader economy that a consumer-led recession could be on the way, real estate investment trust Simon Property Group remains optimistic about its shopping, dining, entertainment and mixed-use destinations. The firm has been telling analysts for well over a year that lower-income consumers have been under pressure, mostly due to […]
June 12, 2018
The landlords who hold the bulk of the nation’s malls would like to unload those fading centers that are failing to attract traffic in the era of eCommerce. Whether or...
November 07, 2016
APG Asset Management, the Dutch pension fund, and The Xander Group, the investment firm, announced Friday (Nov. 4) the two have teamed up to acquire three shopping centers in India...
January 05, 2016
Last week, just days after Christmas, Toys”R”Us’ Times Square location was abuzz with activity but not for the best of reasons. Wednesday (Dec. 30) marked the last day the flagship...
