Sentences with phrase «many mall owners»

The mall owner could have tried to have it all by building one big store, but it would have missed out on the opportunities to collect rent from everyone and benefit from the diverse crowds that the tenants attract.

Two mall owners are bidding in bankruptcy court on the department store chain: Namdar Realty Group and mall REIT Washington Prime Group, whose shares have plunged over 50 % since August 2016.

(Some retail landlords, particularly mall owners, stipulate a so - called percentage lease, or overage, whereby tenants pay a minimum rent plus a share of gross sales.)

France's Unibail - Rodamco has agreed to buy shopping mall owner Westfield for $ 15.7 billion, in what would be the biggest takeover of an Australian company on record.

Mall owner Simon Property Group has «The Edit» at Roosevelt Field Mall in New York, which currently houses a slew of international brands.

France's Unibail - Rodamco has agreed to buy shopping mall owner Westfield Corp. for $ 15.7 billion, in what would be the biggest takeover of an Australian company on record.

Appear Here's strategic partnership with VC firm Fifth Wall Ventures gives it access to mall owner Macerich.

It also set Appear Here up with Fifth Wall's other strategic partners including real estate investment trust and U.S. mall owner Macerich, commercial real estate services firm CBRE and investment management company Hines.

But a proposal by U.S. mall owners Namdar Realty Group and Washington Prime Group Inc that would have kept open a large portion of Bon - Ton locations never materialized.

Brookfield Property's efforts to buy GGP have come as mall owners across the United States are struggling as a result of many retailers losing out to e-commerce firms such as Amazon.com.

Rival mall owner Macerich currently is under pressure from activist hedge fund Third Point Management to explore options including a sale.

Last year, Rouse Properties, another U.S. mall owner, rejected an offer by Brookfield Property, its largest shareholder, only to subsequently agree to a sweetened $ 2.8 billion offer.

Mall owners and other landlords are becoming increasingly flexible and creative in light of so many national closures.

As Fortune reports in its latest issue, the ongoing decline of department stores is perhaps the biggest challenge that mall owners are coping with today.

Last year, Pennsylvania Real Estate Investment Trust was said to become the first mall owner to begin installing Amazon Lockers in its malls, with several others, including Washington Prime Group, following suit since then.

Mall owners don't like churn.

Online returns are often a boon to mall owners, bringing in customers that might otherwise prefer to shop from their couch, but who don't want to...

Mall owners, already squeezed by e-commerce and spending billions on property makeovers to draw shoppers, have a new headache: retailers deducting returns for items bought online from their sales figures.

April 19 U.S. shopping mall owner Macerich Co said on Thursday its Chairman and Chief Executive Officer Arthur Coppola will retire effective Dec. 31.

April 3 U.S. mall owners Namdar Realty Group and Washington Prime Group Inc are in talks to acquire U.S. department store operator Bon - Ton Stores Inc out of bankruptcy, people familiar with the matter said on Tuesday.

Retailers and mall owners need a professional services solution to provide the framework for positioning the impact of traffic, conversion, and other key metrics across the organization.

To compound this problem, mall owners are now starting to mail in the keys to financially troubled malls: More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).

Retailers and mall owners juggle a variety of data sets to assess store operations, marketing efforts and customer behaviors.

About the time Simon acquired the mall in 1997 through a merger with The DeBartolo company, it was one of 30 major mall owners.

CNBC reported last year that mall owners are converting many former Sears Auto Centers in the United States into movie theaters and restaurants.

GGP chief executive Sandeep Mathrani stands to get a payday of up to $ 189 million when Brookfield Property Partners closes on its $ 15 billion buyout of the Chicago shopping mall owner.

Retailers and mall owners need a retail analytics solution with reliable data to help them make informed decisions that positively impact sales.

If you're curious about Imaginary's LPs, Massenet and Brown say they come from both sides of the Atlantic and that they include billionaire mall owner Rick Caruso and Matches Fashion's co-founders and joint chairmen Tom and Ruth Chapman.

Bon - Ton filed for bankruptcy in February and had been hoping to sell to U.S. mall owners Namdar Realty Group and Washington Prime Group to secure a bid that would have kept many of its locations open.

A sale of mall owner GGP might answer that vexing question.

Mall owners like General Growth Properties (NYSE: GGP) have found success by targeting experience - based tenants like gyms, restaurants, movie theaters, amusement - based companies like Dave & Buster's, and even grocery stores.

As growing numbers of shoppers move online, European mall owners are looking to pull in customers by including services that can't...

Warburg Pincus is investing $ 200 million in the country's largest mall owner at a time when retail sales growth is at a 10 - year low.

In the fall, The Real Deal reported that China's largest mall owner, Dalian Wanda Group, was selling five foreign developments, including One Beverly Hills, a $ 1.2 billion condo and hotel project.

NEW YORK, April 26 (LPC)- A US$ 7bn crossover loan package backing the US$ 15.3 bn cash and stock acquisition of GGP, the second - largest mall owner in the US, by global commercial real estate giant Brookfield Property Partners LP, includes the biggest term loan A (TLA) financing of the year so far.

As a shareholder, I want Amazon's sales to grow, and I'm indifferent whether they are the retailer or the mall owner.

The company has increased funds from operations per unit by 9 % annually since it went public and expects to grow more, agreeing to a $ 15 billion deal to acquire mall owner GGP Inc late last year.

With Marketplace I think of Amazon as, in a sense, being the mall owner and collecting the majority of a retailer's profit as rent.

That's a win - win for the mall owner Simon Properties and Alicart Restaurant Group, Bank declares.

Shopping mall owners now eagerly pursue foodservice operators.

The village, which passed an ordinance authorizing eminent domain of the property in 2013, recently made a settlement with the mall owners for $ 2.2 million.

I hope the trend toward public nursing does not convince mall owners not to utilize space and resources on pinot hanaka.

The mall owner might build the hotel without any tax cut, she said.

There is a groundswell of support for the boulevard option but opposition is coming from hotel owners and mall owner Robert Congel who will lose direct access from the north - south interstate to their properties.

In effect, Amazon is a store owner in a mall who isn't paying rent to the mall owner.

GIC Real Estate, Singapore's sovereign wealth fund, on all real estate and corporate aspects (including its successful Overseas Investment Office application) of its $ 1b joint venture with Scentre Group — Westfield mall owner and operator — to take a 49 % stake in five New Zealand shopping centres

Consider the cheery story about the mall owner who is threatening to fine stores $ 200 per hour if they remain closed on Thanksgiving.

The occupier or mall owner must have regular maintenance procedures in place so that if a dangerous condition has been present for any extended length of time, the occupier should know about it and make amends.

This means that the occupier, owner or mall owner is responsible to create safe conditions and have slip and fall prevention measures in place for any visitors to the parking lot.

That said, the submission by the mall owner in the Court of Queen's Bench that it perceived the possibility of an increase to be a veiled threat certainly supports the minority's speculation on this point.