National
Leadership shake-ups hit Vornado, Cushman & Wakefield and Howard Hughes
Three major real estate firms announced shake-ups to their leadership teams this week. Vornado Realty Trust’s chief financial officer...
The Latest
National
Housing drives rise in construction spending October
A strong housing market continued to fuel construction spending this fall. Construction spending grew an estimated 1.3 percent in...
National
Mirae Asset wins lawsuit over scrapped $5.8B Anbang hotel deal
South Korean investment bank Mirae Asset Daewoo won a significant U.S. court case against Anbang Insurance Group after Mirae...
Tri-State
Can the American Dream mall survive the pandemic?
New Jersey’s American Dream mall was projected to have 40 million visitors when it opened in 2019 — and...
National
CBRE lowers SPAC IPO valuation target to $350M
CBRE Acquisition Holdings, a blank-check company formed by CBRE Group, has lowered the target deal size for its upcoming...
National
Retail foot traffic tanks on Black Friday
Foot traffic in stores on Black Friday was about a half of what it was last year. But the decline in spending at physical stores was not as bad, according to the Wall Street...
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...
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...
National
Real estate deals dominate Opportunity Zones. Is that bad?
Investment in Opportunity Zones is growing at a rapid pace, and so is skepticism about the program — and...
National
Tech giants occupy nearly 600M-sf of US real estate
The sluggish commercial real estate market is getting a boost from tech giants Amazon and Facebook, which have emerged...
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