The Latest

CBRE CEO Robert Sulentic (iStock)
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...

CBRE lowers SPAC IPO valuation target to $350M
Spending outpaced foot traffic because shoppers purchased at the stores they did visit (Getty)
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...

Retail foot traffic tanks on Black Friday
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
Amazon's Jeff Bezos, Google's Sundar Pichai and Facebook's Mark Zuckerberg (Getty, iStock)
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...

Tech giants occupy nearly 600M-sf of US real estate
Cineworld Group CEO Mooky Greidinger and Regal Cinema (Photo via Getty; Wikipedia)
National

Regal Cinemas scores financial rescue package

The owner of Regal Cinemas scored a lifeline to help the financially challenged movie theater chain stay afloat. Cineworld...

Regal Cinemas scores financial rescue package
(iStock)
National Insights

What doom-and-gloom forecasts miss about the office market

The short-term dive in office demand is not likely to continue far into the 2020s, according to a recent...

What doom-and-gloom forecasts miss about the office market
CoStar’s Andrew Florance and Homesnap’s John Mazur (CoStart; LinkedIn)
National

CoStar to acquire Homesnap for $250M

CoStar Group is set to buy Homesnap, an app and technology provider for residential real estate agents, for $250 million, the Wall Street Journal reported. The all-cash acquisition is expected to close later this...

CoStar to acquire Homesnap for $250M
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