Sentences with phrase «malls for»
Macerich Co. agreed to sell minority stakes in eight U.S. malls for $ 2.3 billion to Singapore's GIC Pte and property investor Heitman LLC, a deal that will allow the landlord to pay a special dividend, buy back shares and cut debt.
https://www.bloomberg.com/
In addition to more REITs being taken private, Gray said he expects additional asset sales similar to a Macerich Co. plan, announced Wednesday, to sell stakes in eight malls for $ 2.3 billion to fund a special dividend, share buybacks and debt reduction.
Greg MacKinnon: Certain types of investors, those whose profiles are less risk - averse, are eyeing repositioning of class - B shopping centers and class - B malls for alternative uses, but for most investors this is still considered more of a speculative, opportunistic play.
«Mall assets are becoming more difficult to transact given heightened underwriting standards, providing another reason for investors to sidestep malls for the time being.»
The Los Angeles - based REIT went public in May, but has been a major owner of U.S. shopping malls for 20 years.
Mills is buying five Cadillac Fairview malls for $ 535.1 million and Riverside Square in New Jersey for $ 86.5 million.
«We've needed a hard goods and a food component in malls for a long time,» Green says.
Questions from Wall Street The wiring of malls for broadband has great potential for creating operational efficiencies and a host of other benefits over time, says Pat Hickey, REIT Analyst for the Robinson Humphrey Co..
Westfield, meanwhile, has taken smartphones» search capabilities up a notch by partnering with Google and allowing customers to search its malls for specific products using keywords.
«Rampant urbanisation in the major metros in recent years has significantly increased the time people spend in cars, and at the end of a long day most commuters are more than willing to exchange the broader store selection of larger malls for the convenience of popping into their local centre.»
«We're just trying to be creative and think outside the box and look at malls for the amount of traffic that flows through them,» Lebovitz says.
Speaking of cyberspace, today's smart center owners don't fear Internet shopping as they did only a year or two ago; instead, they are setting aside space in their malls for facilities that enable shoppers to surf the Web in between visits to their stores.
«We are aiming to raise at least R50 million, which will be used to purchase POS equipment for our township clients and [any] further funds will be utilised for building container - based cashless malls for our clients.»
The city has many attractions for visitors including lots of outlet malls for the die - hard shoppers and several museums overlooking the lake.
You will easily get to large malls for shopping, fast food, and entertainment.
In recent years, fairs have become one - stop shopping malls for the mega-wealthy seeking to diversify their stock portfolios with paintings and sculptures by brand names and hot young artists.
The R40 is the main road into White River in which Guests will discover quaint Antique Stores such as «Kraaines», mini malls for general shopping, Banks and ATM's.
Not only do you have a couple of shopping malls for the high - end designer labels, but there are also multiple local markets to explore.
It's good to see that they also have shopping malls for the «ordinary».
Head to the ultra-modern shopping malls for a bit of retail therapy, or chill out in the sun on beautiful sandy beaches.
We plan for it in advance, and on occassion have stopped off at some of the malls for clothes shopping and such (MD has sales tax on clothes; PA does not).
Our cultural landscape clearly shows this, too: Retailers are hoisting up towering Christmas trees, colorful lights are being strung across the roofs of homes, and Santa Claus is making his rounds at the local malls for eager tots long before we even carve our turkeys.
No more malls for the kids.
Given that Canadian shoppers and snowbirds have been flocking to U.S. outlet malls for years, and have upped their visits with the rise of the loonie, the only question about the groundswell of domestic interest in this retail segment is: What took so long?
In other words, consumers will not pay $ 300 for a Michael Kors or Coach bag in a department store when they can get one at the outlet mall for half the price.
Cramer used to shop at the same few stores, occasionally browsing the local mall for bargains or scouring the weekend newspapers for good deals.
The Toronto Eaton Centre is one of the city's biggest tourist attractions, as well as a major shopping mall for area residents.
«We are changing the way we work all across the bank and through the strategic partnerships that we create... so that we can move faster and take new ideas to our customers quickly,» he said to a crowd of hundreds of his employees, who had gathered at the mall for the announcement.
The 4,000 square feet they leased in a Portland mall for $ 2,000 a month comprised a dining area and a bar.
New Praise and Word of Faith are two of 24 Christian congregations that rent empty storefront spaces in the moribund mall for Sunday worship and weekday Bible studies.
The church bought the mall for $ 5.6 million and has since spent $ 2.3 million on renovations, paying cash as it goes.
As I adjusted my China - silk tie (back then, I wore ties)-- sold at the mall for considerable profit; and as I kept my Egyptian cotton shirt clean of crumbs (sold at a major clothing store for additional profit)-- I waxed eloquent.
Can the parents who allow their children to watch unlimited hours of unsupervised television, who drop their children off at the mall for an entire day without direction, who allow their children unlimited rein on the Internet really have an interest in them?
Fusing different sources of capital, the global transnational information and cultural producers are «turning the world into a shopping mall for those with sufficient disposable income».
At table she has them all join hands for grace, and Frank, uneasily grabbing Wade's and Cade's, can't help thinking «what strange good luck to be reckoned among these people» rather than «cruising some mall for an Easter takeout... lost in the savage wilderness of life.»
Evidently, making three kids stand in a mall for 45 minutes Friday night while you tell a pastor your latest Christian understanding of recent experience is O.K. Btw, what is the reason for this extensive social ineptness amongst Christians?
Although I rarely go down to the Mall for the biggest fireworks show anymore, crowds are not my favorite thing since 9 - 11, I do like to celebrate with family and some good foods.
While we can still visit Nana, she's a little glum that a trip to the mall for a pretzel won't round it out.
Who else finds out about every visit they make to the mall for a new pair of jeans, every trip to a restaurant or a movie, and always mentions it the next day, so that it seems they can do nothing without her knowing it?
Scientists, families and community activists will gather at Halifax Mall for the Raleigh March for Science on April 14.
An Extra Special Easter Bunny arrives at the Auburn Mall for visitors with special needs on March 26, then skip Into Spring with the Easter Bunny Breakfast & Egg Hop on April 8, or just visit with the Bunny anytime between March 24 and April 15.
With the Baby Bjorn I could tote my son around the mall for hours without any problem.
It helps to avoid the odd situation with the baby when you will use public transport, go to the mall for shopping.
With the start of pregnancy, many of my birth clients loved the options from motherhood maternity in the Boca Raton Town Center Mall for pregnancy clothing, (maternity jeans with belly bands and longer tees) as well as comfy choices from the maternity lines at H&M and Target.
We decided to meet in the mall for a playdate and had a wonderful time.
We went to a 1st birthday party in the food court of a big mall for a December birthday.
Recently in Montreal, Canada, a young mother was awarded $ 2500 in damages in an out of court settlement, when the Quebec Human Rights Commission ruled that she had been discriminated against when asked to leave a shopping mall for breastfeeding her child.
No need to aimlessly search the mall for gifts for mom or gifts for dad — we have got you covered!
Organizers for the «Camino Americano: March for Immigration Reform» were spotted Monday setting up a stage and equipment on the National Mall for the rally which will take place on Tuesday.
De Blasio got himself noticed by hitting Bloomberg the hardest and giving voice to the millions of struggling New Yorkers who looked at the post-9 / 11 gilded - age excess all around them — the stratospheric rents and impossibly high cost of living, the bank branches and chain stores squeezing out local mom - and - pops, the very skyline remade by gleaming new high - rises catering to hedge - funders and Chinese and Russian billionaires — and worried it could permanently transform the greatest city in the world into an open - air luxury mall for the global super-rich.