The Westfield Group's sale of a 45 percent stake in its U.S. malls to Canada Pension Plan Investment Board (CPPIB) showcases once again institutional investors» appetite for
core retail assets in the United States.
Not exact matches
With $ 1.8 billion in
assets under management after four years of existence, Betterment's
core business has been its
retail investors.
Smith wrote a letter to Mayer and Yahoo chairman Maynard Webb earlier this month and asked for the company to try and sell off its
core search and display advertising
assets instead of spinning off its stake in Chinese online
retailer Alibaba (BABA).
The company is selling selective
assets within the
core portfolio and is securing great value - affirming deals in
retail and multi-family portfolios.
«MetLife's
core businesses — employee benefits, protection and fee - based
retail products outside of the United States, and our growing
asset management arm — position the company well for profitable growth,» according to their CEO, Steven Kandarian.
Core Competencies Account Management • Strategic Planning • Client Services • Sales •
Asset Management • Communications
Retail Broker • Capital Markets • Negotiation
For the past several years, most investors focused on one of two possible acquisition strategies — they either went after only
core assets in prime areas or concentrated exclusively on value - add opportunities, according to Mark Keschl, national director of the
retail services group with Colliers International.
Institutional investors, including pension funds, are stepping outside the box, beyond the
core asset types of office, industrial,
retail and apartments, to consider a growing menu of alternative real estate options...
Core activity remained strong, but as predicted, because of fierce competition for core assets, there was growing interest in class - B and class - C assets in secondary and tertiary markets, particularly for multifamily and ret
Core activity remained strong, but as predicted, because of fierce competition for
core assets, there was growing interest in class - B and class - C assets in secondary and tertiary markets, particularly for multifamily and ret
core assets, there was growing interest in class - B and class - C
assets in secondary and tertiary markets, particularly for multifamily and
retail.
These improvements have transformed the building into a
core asset and have led to successful leasing of both office and
retail space.»
Last year, Kimco acquired 17
retail assets in its
core markets.
All the other
core commercial
asset classes experienced delinquency decreases, the largest being in the
retail sector where CMBS delinquency declined by 17 basis points month - over-month, to 5.93 percent.
Comprising 97 office,
retail and industrial properties spread across 20 states, the 6.8 - mil - lion - sf portfolio marked the first acquisition of Stonemont's new investment - grade
core - plus investment fund, which is focused on long - term, diversified
assets.
As recently as April, investors continued to prefer
core assets in gateway cities for
retail acquisitions.