One of the issues owners face when entering emerging markets is that in places like India and China historically developers have sold space to tenants--not leased. The arrangements essentially created retail condominiums. But doing that has its...
Westfield has unveiled plans for a $750 million mall in California. What's interesting is the new property will connect with two other Westfield centers--Topanga and Promenade--to create a massive 3.8-million-square-foot retail complex. ...
The Government of Singapore Investment Corporation (GIC) has paid nearly 300 million pounds (US$613 million) for a 50 percent stake in a British shopping mall, a statement said Tuesday. GIC Real Estate, the property arm of the state investment...
MGM Mirage (MGM) is exploring options for 85 acres of prime real estate in Atlantic City, N.J., that the casino operator has left vacant since it acquired the land seven years ago. The company is mulling a development similar to its sprawling $7...
