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Brokers think the situation will get worse. (Photo Illustration by The Real Deal, photos via Getty)
Weekend Edition

UK office and retail vacancies rising at record pace

 Vacant office and retail space in the United Kingdom is rising at a pace not seen since at least...

UK office and retail vacancies rising at record pace
David Simon of Simon Property Group and Robert Taubman of Taubman Centers (Getty, iStock)

Simon completes acquisition of high-end mall owner Taubman

After a tumultuous process, Simon Property Group has completed its acquisition of Taubman Realty Group. Under the merger agreement,...

Simon completes acquisition of high-end mall owner Taubman
Simon Property Group CEO David Simon

Simon execs celebrate pandemic’s end by ending pay cuts

The first Covid-19 vaccines are being distributed across the United States, and Simon Property Group is celebrating by reinstating...

Simon execs celebrate pandemic’s end by ending pay cuts
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