Bloomberg

The property, which includes apartments, stores and space rented to the British International School of New York, is owned by Richard Ravitch, a former New York lieutenant governor.

Digital Realty, a San Francisco-based real estate investment trust with a market value of $24 billion, could invest in Ascenty alongside a joint venture partner.

Co-Chairman Wang Jian's sudden death comes as HNA, one of China’s most indebted companies, is undertaking an urgent restructuring.

The amount of occupied retail real estate in 77 major U.S. metropolitan areas dropped by 3.8 million square feet in the second quarter, the largest decline since 2009, according to a report by researcher Reis Inc.

The cosmetics brand, acquired by Macy’s for $210 million in 2015, will open about 60 new standalone stores through 2019 -- maintaining the chain’s pace of expansion.

United Capital Real Estate is suing Subrata Roy, chairman of Sahara India Pariwar, as well as its U.S. entity, alleging that they breached an agreement by seeking a separate deal.

Same-store sales, a key metric for retail growth, declined in two of the past three years, with only 2017 eking out a gain of 0.8 percent.