Path Aims to Optimize Shopping Centers by Combining Big Data and Shopper Location Analytics
NEW YORK, 2015-3-24 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) has signed a global sponsorship agreement with shopper location analytics company Path Intelligence. This exciting agreement fuses ICSC’s established and extensive network and resources with Path Intelligence’s innovative…
Malls
LONDON, 2015-3-23 — /EPR Retail News/ — British Land announces it has completed a £733 million property exchange transaction with Tesco. Under the terms of the transaction, British Land has sold its 50% interest in a joint venture portfolio of 21 stand-alone foodstores to Tesco and acquired Tesco’s 50% interest in two joint venture portfolios…
Belk at Regency Square Mall will relocate to new 95,000-square-foot store March 11, 2015
CHARLOTTE, N.C., 2015-3-17 — /EPR Retail News/ — Belk is relocating its store at Regency Square Mall to a new 95,000-square-foot fashion store at Atlantic North Shopping Center in Jacksonville, Fla. Atlantic North Shopping Center, a new 61-acre, open-air, mixed-use development, is located at…
Opening of a new 50,000 square foot men’s and kids store
CHARLOTTE, N.C., 2015-3-17 — /EPR Retail News/ — Belk announced today that its new standalone men’s and kids store at the Cool Springs Galleria will open on March 11.
Belk’s $12.6 million investment in the Cool Springs Galleria project includes the new 50,000-square-foot men’s and kids store on…
PARIS, 2015-3-16 — /EPR Retail News/ — Klépierre signed an agreement to acquire 100% of Plenilunio from an entity 100% indirectly owned by the Orion European Real Estate Fund III C.V., a real estate fund sponsored by Orion Capital Managers. Pleniliunio is a leading 70 000 sq.m. shopping center located in Madrid. With a large…
Ethisphere Institute Recognizes Leadership in Responsible Business Practices, Ethical Conduct and Community Service
Los Angeles, 2015-3-12 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) has been recognized as a 2015 World’s Most Ethical Company® by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance. This is the second year…
Equity One, Inc. to release its 2015 first quarter earnings on April 29, 2015 after the market close
New York, NY, 2015-3-10 — /EPR Retail News/ — Equity One, Inc. (NYSE: EQY), an owner, developer, and operator of shopping centers, announced today that it will release its 2015 first quarter earnings on Wednesday, April 29, 2015 after the market close. On Thursday, April 30, 2015, at 9:00 a.m. Eastern Time, Equity One’s senior…
Chicago, Illinois, 2015-3-5 — /EPR Retail News/ — General Growth Properties, Inc. (NYSE: GGP) and AustralianSuper announced today they have formed a partnership to own and operate Ala Moana Center located in Honolulu, Hawaii. Effective with the partnership formation, GGP will own a 75% equity interest and AustralianSuper will own a 25% equity interest in Ala…
Los Angeles, 2015-2-10 — /EPR Retail News/ — CBRE Group, Inc. announced today that its Facilities Management service line achieved strong growth in 2014, with 32 new or expanded long-term contracts. CBRE’s facilities management client base is comprised of over 110 corporations, healthcare providers and government institutions across 105 countries. During the year, CBRE took on…
Latest ICSC Consumer Survey Examines Gasoline Impact Going Forward
NEW YORK, 2015-1-19 — /EPR Retail News/ — U.S. shopping center sales rose 4.3% in December over the same month of the prior year according to the International Council of Shopping Centers (ICSC). For the traditional holiday shopping season, November and December combined, sales increased to $487.1 billion…
Development over 90% Leased Prior to Construction Start
CHATTANOOGA, Tenn., 2015-1-6 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) and Stirling Properties announced today a joint venture to develop Ambassador Town Center in Lafayette, Louisiana. The approximately 58-acre site is located at the corner of Ambassador Caffery Parkway and Kaliste Saloom Road. The retail…
Los Angeles, 2014-12-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired CBRE | Oklahoma, a commercial real estate services firm that has served as CBRE’s affiliate in Oklahoma City and Tulsa, Oklahoma, and in northwest Arkansas since 1999.
CBRE | Oklahoma is one of the region’s leading providers of leasing,…
Los Angeles, CA, 2014-12-15 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that Standard & Poor’s Rating Services (S&P) has raised CBRE’s corporate rating to Investment Grade (BBB-), with a positive outlook.
This is the second time in six months that S&P has raised its rating of CBRE. S&P took its latest action under…
Paris, Amsterdam, 2014-12-12 — /EPR Retail News/ — Unibail-Rodamco, Europe’s leading listed commercial property company, has signed an agreement with the city of Hamburg for the urban planning and acquisition of land in Überseequartier. This includes the acquisition of land plots from former owners. The agreement is subject to ratification by the State Parliament of Hamburg. The development project…
Los Angeles, 2014-12-10 — /EPR Retail News/ — CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, today announced the launch of its new global brand positioning – transforming real estate into real advantage – along with a platform to express the positioning inside and outside the company, Build on Advantage.
“With our…
Firm Specializes in Consulting, Due Diligence and Advisory Services to the Real Estate Industry
Los Angeles, 2014-12-9 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired IVI International, Inc. (IVI) and its related companies. IVI is an industry leader in providing construction, property condition and environmental consulting, due diligence and advisory…
Los Angeles, 2014-12-5 — /EPR Retail News/ — CBRE Group, Inc. today announced the formation of Occupier Advisory and Transaction Services to significantly enhance the delivery of transaction related services for occupier clients across the Americas.
Occupier Advisory and Transaction Services marshals the talents, resources, and expertise of CBRE’s Brokerage, Transaction Management, Advisory and Portfolio Services into…
Amid Reports of Negative National Sales, CBL’s Shopping Centers Continue to Attract Shoppers
CHATTANOOGA, Tenn., 2014-12-5 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL), announced today that Black Friday weekend sales and traffic increased over last year. In addition to traditional retailers seeing an uptick in sales, photo sales and visits with Santa Claus…
Pasay City, Philippines, 2014-11-28 — /EPR Retail News/ — The countdown begins as SM Lifestyle Entertainment, Inc., the lifestyle and entertainment solutions arm of SM Prime Holdings, Inc., is set to bring the country’s first ever tournament of tennis giants at the Mall of Asia Arena on November 28 to 30.
Hot on the heels of the…
Lexington’s premier shopping destination showcases new offerings
and heralds start of the holiday season
CHATTANOOGA, Tenn., 2014-11-12— /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL), announced the opening of the expansion at Fayette Mall in Lexington, KY. Designed to significantly enhance the offerings at the shopping center, the redevelopment of the former Sears location…
Pasay City, Philippines, 2014-11-12— /EPR Retail News/ — Henry Sy, Sr., Chairman of SM Investments Corporation (SM) and founder of the 56-year old company was awarded by top CNBC officials a prestigious Lifetime Achievement Award at a well-attended ceremony at the St Regis hotel in Singapore.
Known as the Father of Philippine Retail, Sy successfully built SM into…
Los Angeles, 2014-11-10— /EPR Retail News/ — CBRE Group, Inc. today announced that Jeffrey R. Havsy, a leading analyst of commercial real estate, will join the company as Americas Chief Economist, effective December 1.
The Americas Chief Economist is a new position in which Mr. Havsy will work with CBRE’s research team to develop insight, analysis and…
CBRE Global Investors advises Alaska Permanent Fund on first acquisition in Continental Europe
Madrid, 2014-11-5— /EPR Retail News/ — Immochan and Alaska Permanent Fund Corporation (APFC) represented by CBRE Global Investors, have entered into a strategic joint venture, with the first investments being joint ownership of two existing shopping centres in Spain and Portugal, in a…
Pasay City, Philippines, 2014-11-3— /EPR Retail News/ — SM Investments Corporation (SM) was cited as the Region’s Best Borrower in the Philippines based on a research poll by Hong Kong magazine Finance Asia.
The award was presented during the 2014 FinanceAsia Fixed Income Poll Awards dinner on October 29 in Singapore.
“We are pleased to accept this award which…
Revenue Increases 31% and Adjusted Earnings Per Share Rises 33% to $0.40
Los Angeles, CA, 2014-10-30— /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today reported very strong revenue and earnings growth for the third quarter ended September 30, 2014.
Revenue for the quarter totaled $2.3 billion, an increase of 31% from $1.7 billion in the third quarter of…
Tulsa, Oklahoma, 2014-10-30— /EPR Retail News/ — CBRE Group, Inc. today announced that Angela West, Vice President with CB Richard Ellis|Oklahoma, CBRE’s Oklahoma region affiliate, was elected 2014-2015 Global President of SIOR (Society of Industrial and Office Realtors). Ms. West is the youngest individual to be elected President of SIOR, as well as the third female…
Marrakesh, Morocco, 2014-10-29— /EPR Retail News/ — On 23 October, the Label’Vie group – Carrefour's partner and franchisee – opened its 5th Carrefour hypermarket in Morocco, in the city of Marrakesh.
The “Targa” Carrefour has a sales area of 3800 m².
The Label’Vie Group currently runs 60 stores, including 5 Carrefour hypermarkets, 44 Carrefour Markets and 11…
Los Angeles, CA, 2014-10-28— /EPR Retail News/ — CBRE Group, Inc. has appointed Laura O’Brien as Global Director of Client Care and Development and Head of Sales Management for the Americas.
In her Client Care and Development role, she will marshal the resources of the entire CBRE organization to produce exceptional outcomes for clients.
“Laura is the perfect executive…
Los Angeles, 2014-10-28— /EPR Retail News/ — CBRE Group, Inc. today announced that Jennifer Ashley has been appointed Global Director of Human Resources. In this role, Ms. Ashley will oversee CBRE’s worldwide human resources operations encompassing approximately 44,000 employees. Her areas of responsibility include employee relations, staffing and recruitment, training and professional development, diversity, compensation and benefits.
“Jennifer…
Los Angeles, CA, 2014-10-28— /EPR Retail News/ — CBRE Group, Inc. has been named a Silver winner in the 10th-annual Health at Work Awards sponsored by ComPsych, honoring organizations that promote employee health and wellness.
Companies were honored for their wellness program’s comprehensiveness, delivery, promotion, participation rates and overall results.
“We applaud CBRE for promoting health and wellness and…