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...“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....
...The Korean wave rolls on with the launch of a new art fair in London this summer at Mall Galleries near Trafalgar Square....
...“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...
...Authorities began testing residents of the 506 Hougang Avenue 8 and Block 559 Pasir Ris Street 51, two residential blocks in the eastern part of the island....
...Authentic Brands has set up a joint venture called Sparc with the mall operator, Simon Property Group....
...One broadcaster saw the parallel lights of the National Mall as the presidential arms “embracing America”. For others, it was the first lady’s soulful gaze at hubby that moistened the eye....
...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 Canadian asset manager Brookfield has also skipped payments on its shopping mall mortgages. But not everyone is licking their wounds....
...Among them: a conviction that shopping malls will bounce back and society’s fascination with smartphones is just a fad....
...Especially vulnerable are department stores and mall-based clothing chains that have long struggled to stay relevant in the age of Amazon....
...But can a shift to entertainment save the American mall?...
...(WSJ) News round-up PayPal buys online shopping tool Honey for $4bn (FT) Tottenham Hotspur appoints José Mourinho as manager (FT) Carl Icahn placing a big bet against mall owners (WSJ) Alitalia rescue...
...(BBG) Resurrecting retail America’s abandoned malls have plagued real estate owners for years. Now they’re turning them into esports arcades, lounges and even stadiums....
...The money was needed, Mr Flatt explains, to pay for a big wager on US malls — a sector that many investors have left for dead....
...Recent investments have included the power solutions business of Johnson Controls it bought for about $13bn, US mall operator GGP for $15bn and Forest City property group for $11.4bn....
...neighbourhood, will be a significant expansion of the tech group’s already considerable presence in the city, which includes the $2.4bn purchase in March of Chelsea Market, a former biscuit factory-turned shopping mall...
...Earlier this year, Google greatly added to its real estate holdings in New York after paying $2.4bn for nearby Chelsea Market, a former biscuit factory-turned-shopping mall and office complex....
...X is possibly the most exciting thing that has ever happened to a suburban shopping mall....
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