Each days seems to bring a new pairing of a REIT with an institutional investor.
Today's couple is Weingarten Realty Investors and PNC Realty, which announced a $150 million joint venture to acquire three power centers.
A law that limits city tax incentives is drawing praise from some local officials while others see loopholes, inequity and unintended consequences. Gov. Jane Napolitano on Monday signed into law House Bill 2515, which prevents Maricopa County...
Combined Properties, Inc. has announced a joint venture with Chicago-based Heitman. The venture will seek to acquire up to approximately $200 million of institutional grade shopping centers in the Washington, D.C. and southern California...
The Home Depot Inc., the world's largest home improvement store chain, warned Tuesday that its earnings will decline this year more than previously expected because of weak conditions in the housing market and the sale of its wholesale...
Desco Group, the real estate arm of the family that owns Schnuck Markets Inc., has agreed to sell a majority stake in 33 shopping centers in a move to generate money for the Clayton-based developer's current and future projects. Under terms of...
Shares of Macy's Inc. jumped Friday, as a rumor surfaced that Sears Holdings Corp. chairman and billionaire investor Edward Lampert might be interested in buying the company. Macy's spokesman Jim Sluzewski said Macy's does not comment on rumors...
Fast Retailing Co. Ltd., a Japan-based firm that operates UNIQLO, has made an unsolicited offer to Jones Apparel Group for Barneys New York Inc. worth $900 million. ...
