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...Imagine a shopping mall where the landlord is the only merchant selling wares. Customers may not notice, understand or even care. They might even like the apparent convenience....
...Our Core Retail portfolio consists of 110 million square feet across 109 best-in-class malls and urban retail properties across the United States....
...Mall real estate has already gone through its apocalyptic market meltdown. UBS analyst Jay Sole is sceptical of the real estate story, however....
...GM will delay building electrified versions of its Chevrolet Silverado and GMC Sierra pick-up trucks at a Michigan plant until 2025, instead of next year....
...Half of those, around 1.5mn vehicles, were “full-sized” pick-ups, such as the Ford F-150 or Chevrolet’s Silverado, the market where the Cybertruck will compete....
...The Andy Murray-backed company typically goes into existing sites — such as sports centres and shopping malls — and takes on the entire building process, including construction costs (an outdoor court costs...
...addition to its fee-based asset management business, Brookfield also owns a portfolio of real estate including London’s Canary Wharf, two of New York City’s largest office developments and more than 100 US malls...
...Additional reporting by CK Tan in Shanghai A version of this article was first published by Nikkei Asia on September 6. ©2023 Nikkei Inc. All rights reserved....
...It followed GM’s announcement that it will stop the use of Apple CarPlay or Android Auto on some of its new electric vehicle models in North America, starting with the Chevrolet Blazer EV....
...A version of this article was first published by Nikkei Asia on May 15 2023. ©2023 Nikkei Inc. All rights reserved....
...Apple’s 20,000 sq ft new store is in a Reliance-owned high-end shopping mall, and Reliance owns India’s biggest mobile network by subscribers, Jio....
...You know, the mall is now Amazon; the theatre’s now Netflix, the office is now Zoom....
...In its lawsuit, Cygnus alleges that “SVP took advantage of the Covid crisis to force and control a rushed bankruptcy process to take WPG Inc private”....
...Even as she drives to the mall to buy things she knows she doesn’t need, she can feel the troubles of the outside world melting away....
...With Westfield shopping centres in the west and east of London, the former coal-fired power station will become the southern point on a triangle of malls, with the West End nearby....
...“The mall is shut down and we got bids for it for a few hundred million dollars,” he said....
...As I dragged myself down the mall’s main thoroughfare, I was overcome by a feeling of malaise....
...A version of this article was first published by Nikkei Asia on August 5 2022. ©2022 Nikkei Inc....
...That is a tough place to be, especially when many stores are located in malls. Consumers, even ones with plenty of savings, will not be buying new suits every quarter....
.... ©2022 Nikkei Inc. All rights reserved....
...Among the most notable are London’s Canary Wharf office development, various Manhattan office towers, and more than 100 US shopping malls....
...Recalls of 140,000 Chevrolet Bolt vehicles produced by General Motors due to battery fires cost $2bn — and supplier LG Energy Solution estimates its share of the expense will be $1.2bn....
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