Retail news & events

Dar Al Arkan Real Estate Development Co. (ALARKAN) is set to sell a US dollar sukuk, due 2019. 

American Realty Capital Properties Inc, the largest single-tenant real estate owner in the US, is set to sell the bulk of its shopping centers to Blackstone Group for $1.98bn.

The UK luxury fashion brand, Burberry, has reported an increase in annual revenue and profits.

SMRT Alpha has announced the opening of a retail mall in Singapore’s Sports Hub, Kallang Wave, during June.

Israeli startup, Shopcloud, is launching ‘Inside’. 

Can you still call a Segway a Segway if it only has three wheels?  

The multicultural supermarket chain, Tanger Markt, is seeking to expand into the foreign market as soon as possible. 

The acquisition of German retail property has increased two-fold during the first quarter. 

Moody’s Investors Service changed its credit outlook from stable to negative for Chinese developers.

The Bank of England may be forced to raise interest rates sooner than it intended due to the sharp increase in UK retail sales, which boosted the currency.

The Italian fashion group, Armani, has seen record sales of around €2.19bn during the 2013 fiscal year.

CBRE Group, Inc. reported very strong revenue and earnings growth for the first quarter ended March 31, 2014.