Atlanta, GA, 2014-10-27— /EPR Retail News/ — CBRE Global Corporate Services (GCS) held its fourth annual S.E.E.S Conference last week in Atlanta, GA. The conference, named for the four major service categories of Integrated Facilities Management (Sourcing, Engineering, Energy and Sustainability), highlighted new ideas and innovations in global workplace operations.
More than 600 facilities experts from around the…
Malls
Pasay City, Philippines, 2014-10-27— /EPR Retail News/ — Leading Philippine conglomerate SM Investments Corporation(SM) and its subsidiaries were recognized for excellence in good corporate governance by Hong Kong publication Corporate Governance Asia (CG Asia).
The 10th Corporate Governance Asia Recognition Awards acknowledges the companies who have taken serious steps to institutionalize Corporate Governance into their businesses.
SM Vice Chairperson and…
Los Angeles, 2014-10-22— /EPR Retail News/ — CBRE Group, Inc. has appointed Brian Stoffers as Global President, Debt and Structured Finance. Mr. Stoffers, a 30-year veteran of CBRE, previously served as President, Debt & Structured Finance, Americas and Chief Operating Officer, Capital Markets.
The appointment is part of CBRE’s overall growth strategy and global unification of…
Paris, Amsterdam, 2014-10-20— /EPR Retail News/ — Unibail-Rodamco and Wereldhave have entered today into an agreement pursuant to which Wereldhave offers to acquire a portfolio of six non-core shopping centres located in France, including:
Shopping Centre
City/Region
Complex
GLA (m²)
Unibail-Rodamco
consolidated GLA (m²)
Number of visits
in 2013 (Mn)
Rivétoile
Strasbourg
28,400
28,400
5.8
Docks 76
Rouen
37,600
37,600
4.0
Saint Sever
Rouen
45,400
34,400
9.8
Meriadeck¹-Passages Meriadeck
Bordeaux
39,500
32,400
12.7
Côté Seine
Paris region
28,900
16,200
5.8
Docks Vauban
Le Havre
53,500
53,500
5.4
The total consideration² of the…
Four-Way Joint Venture to Ensure Excellence of Service at Supertall Green Landmark
Beijing, 2014-10-20— /EPR Retail News/ — World leading commercial real estate services and investment company CBRE is establishing a joint venture with three partners, including Shanghai Tower Construction and Development Company, the Shanghai Lujiazui Property Management Company and Shanghai Tower Real Estate Management Company Limited,for the…
NEW YORK, 2014-10-15— /EPR Retail News/ — Shopping centers are performing well even as they undergo a profound evolution, according to a report by ICSC Research. “The shopping center industry is currently vibrant and healthy,” writes Michael P. Kercheval, ICSC’s president and CEO, in the introduction to Shopping Centers: America’s First and Foremost Marketplace. “We believe…
Office Market Posts Strongest Vacancy Decline in Eight Years
Los Angeles, 2014-10-9— /EPR Retail News/ — The U.S. commercial real estate market strengthened strongly across all property types in the third quarter of 2014 (Q3 2014), with the office sector delivering its best performance in eight years, according to the latest analysis from CBRE Group, Inc.
The office…
Initiated generational change creates foundations for continued economic success and personnel continuity
Olivier Van den Bossche new CEO of department store operations
Lovro Mandac new Chairman of the Supervisory Board of GALERIA Kaufhof GmbH
Edo Beukema and Volker Schlinge resume the Management Board positions for Procurement and HR – Thomas Storck and Ulrich Köster with new…
Pasay City, Philippines, 2014-10-2— /EPR Retail News/ — Leading property developer SM Prime Holdings, Inc. is set to break ground this month for its newest landmark, ThreeE-comCenter, the latest project of the company’s Commercial Properties Group (CPG).
This 15-storey commercial building will rise within the prime business location of SM’s flagship master-planned development, the 67-hectare Mall of Asia…
Victims of Typhoon Mario receive help from SM Foundation; Over 17,400 families in devastated areas provided with kalinga packs
Manila, Philippines, 2014-10-2— /EPR Retail News/ — Over 17,400 families affected by Typhoon Mario (international name: Fung-Wong) received immediate aid through kalinga (relief) packs distributed by SM Foundation’s quick-response system Operation Tulong Express last September 19 to 20.
“SM…
Pasay City, Philippines, 2014-10-2— /EPR Retail News/ — Property conglomerate SM Prime Holdings, Inc. clinched three major awards recognizing the company’s malls in China. The 12th Annual Conference of Mall China International Symposium hosted by China Shopping Center Development Association (Mall China) recognized SM Prime for the following malls:
SM City Xiamen/SM Lifestyle Center was awarded the…
Achieves Climate Disclosure Leadership Index and Green Star Designations
NEW HYDE PARK, NEW YORK, 2014-9-24— /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) has been recognized by two leading investor-backed organizations for its outstanding commitment to sustainability and transparency. Today the company was named to the S&P 500 Climate Disclosure Leadership Index (CDLI) by the nonprofit CDP, the…
Klépierre and Steen & Strøm achieved Global Real Estate Sustainability Benchmark “Green Star” status
PARIS, 2014-9-22— /EPR Retail News/ — The sustainability performances of Klépierre and Steen & Strøm recognized by the Global Real Estate Sustainability Benchmark (GRESB¹) and by RobecoSAM.²
Klépierre and Steen & Strøm have just achieved GRESB “Green Star” status. Steen & Strøm topped the list of global shopping center operators, becoming Sector Leader, while Klépierre is…
CBRE’s Global Energy & Sustainability LEED Team Chosen as “Best Real Estate Services Contractor”
Los Angeles, 2014-9-19— /EPR Retail News/ — CBRE Group, Inc. today announced that it received the U.S. Green Building Council’s (USGBC) Best of Building award as the “Best Real Estate Services Contractor” for 2014. The Best of Building Awards celebrate the year’s best…
DUBAI, 2014-9-18— /EPR Retail News/ — Carrefour partner and franchise, the Majid Al Futtaim Group, has opened two new stores under the Carrefour banner in Dubai: Carrefour “Burjuman Dubai” and Carrefour Market “Wasl Road.”
The Carrefour “Burjuman Dubai” hypermarket opened at the end of August in Dubai city, United Arab Emirates.
Carrefour “Burjuman Dubai”, with its 3,800m²…
North Miami Beach, FL, 2014-9-16— /EPR Retail News/ — Equity One, Inc. (NYSE: EQY), an owner, developer, and operator of shopping centers, announced today the closing of its previously announced underwritten public offering of 3,825,000 shares of its common stock, resulting in approximately $88.9 million of net proceeds to the Company, before expenses.
Concurrently with the closing…
CBRE Group, Inc. named top global real estate advisory firm in the 2014 Euromoney real estate awards
CBRE Also Named Top Global Valuation Firm
Los Angeles, 2014-9-10 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) has been named the top global real estate advisory firm in the 2014 Euromoney real estate awards. CBRE is the only firm to achieve top honors in three consecutive years, and has now earned the highest award seven…
PARIS, 2014-9-5 — /EPR Retail News/ — On Monday, September 8, 2014, Klépierre is moving its headquarters to 26, Boulevard des Capucines, in Edouard VII Square, in the heart of vibrant, retail Paris, between the Opéra Garnier and Place de la Madeleine.
Klépierre has chosen a remarkable location to accommodate its staff and receive clients and partners.…
LOS ANGELES, 2014-9-3 — /EPR Retail News/ — CBRE Group, Inc. has been recognized by U.S. Veterans Magazine (USVM)as one of the Top Veteran-Friendly Companies in the U.S. for 2014.
“Our veteran and reservist employees are some of our best employees,” said Jennifer Ashley, Senior Vice President, Human Resources, CBRE. “We are pleased to provide an organizational culture where these individuals…
Pasay City, Philippines, 2014-8-11 — /EPR Retail News/ — SM Prime Holdings, Inc. (SMPH) has set the interest rates for its Peso-denominated Series A, 5.5-year retail bonds at 5.1000% p.a., Series B, 7-year retail bonds at 5.2006% p.a., and its Series C, 10-year retail bonds at 5.7417% p.a. SMPH will issue an aggregate principal amount of…
NEW HYDE PARK, New York, 2014-8-7 — /EPR Retail News/ — Kimco Realty Corporation (NYSE:KIM) today announced that Conor C. Flynn, the company’s Executive Vice President, Chief Operating Officer and Chief Investment Officer, has been named President of the company effective August 5, 2014.
“Conor has demonstrated extraordinary leadership in directing the strategic and operational activities…
2013 report highlights Kimco’s commitment to energy savings and community involvement
NEW HYDE PARK, New York, 2014-8-5 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today announced that it has published its inaugural Corporate Responsibility Report. Over a year in the making, this publication provides a comprehensive account of Kimco’s performance on a range of social,…
Pasay City, Philippines, 2014-8-5 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property development companies in Southeast Asia, reported consolidated net income increase of 12% to Php5.22 billion in the second quarter of 2014 from Php4.66 billion in the same period last year, slightly higher than the 11% growth…
LOUISVILLE, KY SHOPPING CENTER OPENS 100% LEASED
CHATTANOOGA, TN and NORTON SHORES, MI, 2014-8-4 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) and Horizon Group Properties, Inc. (OTC: HGPI), announced today the grand opening of The Outlet Shoppes of the Bluegrass, which opened fully leased with 90 stores and eateries.
The center opened to the public…
Interactive Santa Adventure Embodies DreamWorks’ Distinctive Blend of World-Class Technology and Storytelling for a Next Generation Holiday Experience
GGP and Forest City Malls will Host Inaugural DreamPlace Experiences
Glendale, CA, 2014-7-28 — /EPR Retail News/ — It’s a little known fact that Shrek, the curmudgeonly ogre best known for fiercely protecting his swamp, actually dedicates his Christmas vacation to…
Los Angeles, 2014-7-25 — /EPR Retail News/ — CBRE Group, Inc. announced today that it has certified more than 300 buildings through the U.S. Green Building Council LEED® for Existing Buildings rating system, making the company the commercial real estate services and investment industry leader in LEED for Existing Buildings certifications. CBRE’s Global Energy & Sustainability LEED…
Los Angeles, 2014-7-9 — /EPR Retail News/ — The U.S. commercial real estate market improved strongly across all property types in the second quarter (Q2) of 2014, according to the latest analysis from CBRE Group, Inc.
The office vacancy rate declined by 30 basis points (bps) to reach 14.5% in Q2 2014. This was an improvement for the…
NEW HYDE PARK, N.Y., 2014-7-3 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, today reported its transaction activity for the second quarter of 2014. The company continued transforming its portfolio and simplifying its business model, highlighted by the acquisition of a…
Pasay City, Philippines, 2014-6-26 — /EPR Retail News/ — International magazine Alpha Southeast Asia has cited leading Philippine conglomerate SM Investments Corporation (SM) for major awards in its 4th Annual Southeast Asia Institutional Investor Corporate Awards.
SM’s Executive Vice President and Chief Finance Officer (CFO), Jose T. Sio was cited as the Best CFO in the Philippines while…
Study Points to Significant Growth Since 2005 in Green Building Spaces in the U.S.
Los Angeles, 2014-6-25 — /EPR Retail News/ — Minneapolis is the U.S. city with the highest percentage of green commercial space, and green commercial real estate nationwide has increased significantly since 2005.Those are key findings of the 2014 Green Building Adoption Index, a…