Commercial Real Estate

The tax break allows foreign visitors to reclaim a sales tax of 20 percent on items bought in the country for more than £30 (Getty; Unsplash)
National Weekend Edition

UK tax break expiration could hurt struggling retailers

A popular tax break is expiring in the United Kingdom in January, threatening the country’s status as a shopping...

UK tax break expiration could hurt struggling retailers
Istanye Park in Istanbul (Photo via Wikipedia Commons)
National Weekend Edition

Turkish mall valued at $1B in deal with Qatar

Turkish investment giant Dogus Holdings AS has agreed to sell a 30 percent stake in a high-end Istanbul shopping...

Turkish mall valued at $1B in deal with Qatar
As workers trade in suits for sweatpants, 1 in 6 dry cleaners has closed or gone bankrupt (Getty)
National

Pandemic takes drastic toll on dry cleaners

At J’s Cleaners, business had clawed up to 40 percent of pre-pandemic levels last month. But now, with Covid-19 soaring again, that number is expected to plummet. “If this thing keeps dragging, many small...

Pandemic takes drastic toll on dry cleaners
Behind Deutsche Finance’s American buying binge
National Issue

Behind Deutsche Finance’s American buying binge

When Deutsche Finance Group looked to crack the U.S. real estate market, it set its sights on a prime...

Behind Deutsche Finance’s American buying binge
Carlos Mattos and Dylan Fonseca with the Waterway Shoppes of Weston at 2210-2282 Weston Rd (Linkedin, Marcus & Millichap)

Mattos family pays $20M for Waterway Shoppes of Weston

The Mattos family expanded its South Florida holdings by buying a shopping center in Weston for $20.45 million. A...

Mattos family pays $20M for Waterway Shoppes of Weston

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