
General Growth Properties Inc , the No. 2 U.S. mall owner, said third-quarter earnings inched up, helped by higher revenue from its share of its tenants' stronger sales.
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General Growth Properties Inc , the No. 2 U.S. mall owner, said third-quarter earnings inched up, helped by higher revenue from its share of its tenants' stronger sales.
U.S. retail real estate --largely the malls and shopping centers that were slammed by the recession -- have stabilized, but a recovery is likely to be slow and uneven across the country, real estate experts said.
Luxury mall operator Taubman Centers Inc reported higher-than-expected earnings, helped by lower property expenses, a rise in sales, and improved occupancy and rental income.
Peel Group, set to take a near-20 percent stake in Capital Shopping Centres through its sale of the Trafford Centre mall in Manchester, said the deal was for a long-term investment in CSC, and not for cash.
Westfield Group, one of the world's largest shopping mall landlords, reported earnings slightly ahead of forecasts, but said further improvements were needed in the U.S. and U.K. markets to accelerate investments.
Simon Property Group Inc has bid $5.8 billion for all of General Growth Properties Inc, even as its offer to buy a minority stake in its rival was rejected.
Mall owner General Growth Properties Inc said a U.S. Bankruptcy Court hearing has been rescheduled to next week, giving it more time to talk to larger rival Simon Property Group Inc and other potential investors.
What will Simon say? Now that General Growth Properties Inc has filed a plan to emerge from bankruptcy as a stand-alone company, investors expect a rival plan to emerge, with Simon Property Group Inc the most likely s...
Elliott Management Corp, a major shareholder and creditor of General Growth Properties, is in talks to join Brookfield Asset Management in its plan for the mall owner to exit bankruptcy as an independent company, a so...
General Growth Properties Inc is working on a plan to exit bankruptcy backed by some of its largest investors while trying to thwart a rival $10 billion takeover bid from Simon Property Group Inc, which may raise its ...