Retail news: mall and brand expansion

The world’s top five largest shopping malls now reside in Asia.

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 […]

According to JLL analysts’ calculations, Q3 was the strongest quarter of the year with investment volumes reaching USD1.4bn, down only 10% YoY. Moreover Q3 volumes are equal to the total investment volume over H1 2014. Through Q1-Q3 2014 Russian real estate investment volumes amounted to USD2.8bn, which reflects a decline of 43% YoY. “A pick […]

Global Real Estate Markets Gaining Traction

The demand for office space across Western Europe has hit its highest level since the financial crisis, according to the latest research from CBRE, the global real estate advisor.

Record volume expected to continue in H2

CBRE report "How Global is the Business of Retail?" analyses the operational networks of 334 leading international retailers across 61 countries and covers the vast majority of the world’s economy.

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

Many thought that the recession would end consumers’ obsession with luxury goods.

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 […]