Retail news: mall and brand expansion

Much has been said about the demise of the mall, those suburban shrines to the supreme deities of commerce.

Chain stores and restaurants are expanding rapidly in New York City.

IMMOFINANZ Group offers to the tenants in its five Moscow shopping centers a general FX-fixing for their rents for a limited period of three months.

Why the USA remains the destination of choice for luxury and international retail

McKinsey’s 2014 assessment of changing mall formats, customer experience and digital retail.

Rents in New York’s Upper Fifth Avenue reached a record $3,500 per sq ft according to Cushman & Wakefield’s Main Streets Across the World report for 2014/2015

<p align="JUSTIFY"> A new survey by CBRE has found that 79% of international consumers still visit a physical store to buy a product, reflecting the key role the store plays in the overall shopping journey.  </p>

Development activity has been restrained in 2014, with an estimated 124,300 sq.m of shopping centre space to be added over the course of the year, less than half the total added in 2013. The short-term construction pipeline remains subdued but 2017 should see a surge in activity. The 54,400 sq.m of new GLA delivered in […]

Global Real Estate Markets Gaining Traction

<p style="margin: 0px; font-size: 12px;">UK commercial property growth has been moderate for July, but industrials have shown improvement.</p>

Glimcher Realty Trust has announced its financial results for the second quarter ended June 30, 2014. Per share amounts referred to are based on diluted common shares. The Chairman of the Board and CEO, Michael P. Glimcher stated that during this quarter, the company continued delivering solid operating figures from its core mall portfolio, including […]

General Growth Properties Inc. has reported results for the three and six month periods ending June 30, 2014. Quarterly For the quarter, the company reported increased funds from operations (FFO) per share of 17.7% to $0.31 per diluted share, compared to $0.27 in the previous year.  FFO increased 11.8% from $266m previous year to $298m.  […]