Hints and tips:
Related Special Reports
...“If we lend private debt to borrowers in Turkey, we can get gas stations and apartments and shopping malls as uncorrelated collateral to their business yet still get 10 per cent additional yield per annum...
...The retailer once seemed immune to the challenges that weakened most of its mall peers....
...At home Vuong invested in property — his first project was a resort called Vinpearl — and went on to develop everything from office towers and shopping malls to housing projects....
...The company was forced to seek a £16.5mn rescue deal in 2020, which made Pall Mall Capital the controlling shareholder....
...Intu, whose malls included the Trafford Centre in Manchester and Lakeside in Essex, was once the UK’s biggest shopping centre owner and reached a peak market valuation of £4.9bn in early 2015....
...“The mall is shut down and we got bids for it for a few hundred million dollars,” he said....
...It said there were “significant growth opportunities” for the brand in North America, where Authentic Brands owns half of a joint venture with mall owner Simon Property Group....
...The retail and leisure empire operates 29 malls, including Dubai’s Mall of the Emirates, and built the region’s first indoor ski slope....
...The ruler’s move recognises both the importance of the firm, which runs 27 malls including Dubai’s flagship Mall of the Emirates, and the debilitating impact of succession conflicts on the private companies...
...Authentic Brands has set up a joint venture called Sparc with the mall operator, Simon Property Group....
...We climbed above the rush-hour traffic on the Dartford bridge, passed low over a glittering Thames, banked over the filling car parks of the Lakeside Shopping Centre....
...Shopping mall operator Unibail-Rodamco-Westfield SE named Léon Bressler, a former chief executive of the group, as its new supervisory board chairman following the resignation of Colin Dyer....
...Xavier Niel: ‘We are not activists, but rather rebellious shareholders’ There are lots of losers in the battle at Europe’s largest mall operator, Unibail-Rodamco Westfield, and one big winner: telecoms...
...The company’s shopping centres — which include the Trafford Centre and Arndale in Manchester, Lakeside in Essex and MetroCentre in Gateshead — are held across a series of subsidiaries....
...Arcadia, owner of the Topshop store in the same mall, went into administration a day earlier, putting over 400 stores and 13,000 jobs in peril....
...The company, whose malls include the Trafford Centre in Manchester and Lakeside in Essex, had sought breathing space on its debts from lenders but said in a statement on Friday that “insufficient alignment...
...Only essential stores are open across the company’s malls and most tenants are withholding rent....
...The Canadian asset manager Brookfield has also skipped payments on its shopping mall mortgages. But not everyone is licking their wounds....
...The company owns 14 shopping malls, including Lakeside in Essex and Manchester’s Trafford Centre. One person involved in the talks said there was no chance of Intu achieving a unanimous agreement....
...Gavin Prior, operations director at Intu, which has 17 shopping centres across the UK, including large ones such as Lakeside in Essex and Manchester’s Trafford Centre, said the early signs were “encouraging...
...Earlier this week the company — which owns 14 shopping malls, including Lakeside in Essex and Manchester’s Trafford Centre — confirmed it had put KPMG on standby as administrator in case talks failed....
...However, the person added that the company was more likely to sell its smaller centres to generate cash, which could be used to support a slimmed down portfolio of better-placed malls....
...But this will sound hollow with their backs pressed up against the wall of an empty mall. Cazoo’s $1bn buzz Kazoos create a buzzing noise when they are blown into....
...Among them: a conviction that shopping malls will bounce back and society’s fascination with smartphones is just a fad....
...Shares in the owner of big regional shopping hubs including Manchester’s Trafford Centre and Lakeside in Essex were down 6.5 per cent at noon on Monday, after shedding almost 10 per cent earlier....
International Edition