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...Data centres, where stacks of servers and computing hardware are stored, have become favoured by investors over office buildings and malls because of the need among large technology companies like Microsoft...
...The name of its registered owner in the Marshall Islands: Social Club Inc....
...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...
...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”....
...“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....
...share Yahoo Japan, PayPay merge malls against Amazon, Rakuten...
...Even before the pandemic emptied the shopping malls they anchor, department stores were singularly hard hit by the rise of ecommerce....
...Among the most notable are London’s Canary Wharf office development, various Manhattan office towers, and more than 100 US shopping malls....
...A version of this article was first published by Nikkei Asia on August 12 2022. ©2022 Nikkei Inc....
...There are dozens of similar virtual Santa services around the world. My five-year-old, Luke, has a shy streak....
...Savings built up through reduced travel and spending on entertainment and services during lockdowns have also helped to build up household balance sheets....
...Shopping mall group Washington Prime Group filed for bankruptcy earlier this year with more than $3bn of debt. The filing is proving to be controversial....
...In Los Angeles, demand for locations to shoot TV shows vastly outstrips supply: churches, abandoned malls, industrial warehouses and even a former Ikea store have been repurposed into production facilities...
...A press release, sent to reporters on Monday, heralded the service — which had a soft opening last month — as being “like a mall food court, except less mall and more internet”....
...New management has “hit the reset button” but its commitment to excellence in customer service is unwavering....
...As Covid-era clouds hang over office towers, shopping malls, business hotels and other real estate categories, investors are clamouring to put money into warehouses....
...It had struggled for years with the rise of online shopping, and restrictions to slow the spread of coronavirus in the spring left it unable to service a high debt load....
...A version of this article was first published by Nikkei Asia on February 1 2022. ©2022 Nikkei Inc....
...Jeff Barr calls himself “chief evangelist” of Amazon Web Services. George W Bush called himself president of the United States....
...I asked how much debt service on BPY properties is in suspension, and BAM’s assessment of the value of the properties covered by debt service suspension....
...Investors in BPY-U can compare its GAAP results to similar mall-centric companies, such as Taubman Centers or Simon Property....
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