CBRE expands role of GWS Executive Managing Director Karen Ellzey to include Co-Executive Sponsor of LGBT & Allies

Los Angeles, 2017-Sep-22 — /EPR Retail News/ — CBRE today (September 20, 2017) announced that Karen Ellzey, CBRE Executive Managing Director, Global Workplace Solutions (GWS), has taken a leadership role for LGBT & Allies. Ms. Ellzey will serve as the Co-Executive Sponsor of the company’s employee network group. Founded in 2009, LGBT & Allies is a […]

Kimco Realty declares cash dividend for its Class L depositary shares

NEW HYDE PARK, N.Y., 2017-Sep-20 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) announced today (9/19/2017 ) that its board of directors has declared the initial cash dividend for the company’s Class L depositary shares, each representing 1/1000 of a share of 5.125% Class L cumulative redeemable preferred shares. This initial dividend of $0.20998 […]

CBRE again the top global real estate advisory firm in the annual Euromoney Real Estate Awards

Los Angeles, 2017-Sep-20 — /EPR Retail News/ — CBRE has been named the top global real estate advisory firm in the annual Euromoney Real Estate Awards for the sixth consecutive year. Globally, CBRE was also ranked highest overall for Sales/Leasing and Valuation services. In addition to the global awards, CBRE was named as the leading […]

InvenTrust Properties acquires River Oaks retail center in Valencia, CA

InvenTrust Properties acquires River Oaks retail center in Valencia, CA   DOWNERS GROVE, Ill., 2017-Sep-20 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today ( 09/18/2017) announced the acquisition of River Oaks, a 275,000 square foot grocery-anchored center located in a premier San Fernando Valley sub-market of Los Angeles, CA, for approximately $115 […]

British Land: Meadowhall received resolution to grant planning consent for £300 million extension

British Land: Meadowhall received resolution to grant planning consent for £300 million extension   London, 2017-Sep-19 — /EPR Retail News/ — Meadowhall, one of the UK’s most successful regional shopping destinations, has received a resolution to grant planning consent for a £300 million extension that will transform the centre’s leisure offering for its 24 million […]

Bon-Ton Stores, Inc. enters into $18.9 million sale-leaseback transaction for its Herberger’s location at Roseville, MN

YORK, Pa., 2017-Sep-14 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced that it has entered into an agreement for a $18.9 million sale-leaseback transaction for its Herberger’s location at Rosedale Center in Roseville, MN. Proceeds from the transaction will be used to repay outstanding debt. William Tracy, President and Chief Executive Officer, commented, “We are pleased to […]

ENGLAND: LCP announces new tenants at Enterprise City in Spennymoor

LONDON, 2017-Sep-14 — /EPR Retail News/ — Efforts to attract new tenants to business estate near Durham are paying off, with six units having been let since January to growing local companies, leading national property, investment and management company LCP has announced. Enterprise City in Spennymoor, which is part of Durhamgate, the largest mixed-use regeneration scheme in the […]

Majid Al Futtaim to develop all new, mixed-use community at Cityscape Global 2017 in Dubai

Majid Al Futtaim announces plans to launch new flagship mixed-use community in Dubai  Dubai, UAE, 2017-Sep-13 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today announced plans to develop an all new, mixed-use community in Dubai, at Cityscape Global 2017. The landmark […]

British Land announces 98% occupancy of Broadgate’s 2FA with new lettings to Starling Bank and Innovate Finance

LONDON, 2017-Sep-12 — /EPR Retail News/ — British Land and GIC announce that Starling Bank, the first mobile-only challenger bank to launch a current account, and Innovate Finance, the UK membership association for the global FinTech community, have agreed to take space at Broadgate’s 2FA (2 Finsbury Avenue). Starling Bank will take 14,500 sq ft on […]

Kimco Realty Corp. to participate at the Bank of America Merrill Lynch Global Real Estate Conference, New York City, September 13, 2017

NEW HYDE PARK, N.Y., 2017-Sep-12 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) announced today that its management will participate in the Bank of America Merrill Lynch Global Real Estate Conference on Wednesday, September 13, 2017 in New York City. Kimco management will provide a general overview of the company followed by a question […]

RioCan REIT updates on the development of its midtown Toronto project, ePlace

TORONTO, Canada, 2017-Sep-08 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan”) (TSX:REI.UN) is pleased to provide an update on the development of its landmark, mixed-use, transit oriented project at the northeast corner of Yonge Street and Eglinton Avenue, also known as ePlace. The development is located in the heart of midtown Toronto at the intersection of Yonge Street and Eglinton Avenue, directly […]

LCP appoints Julian Diamond as new retail director

LCP appoints Julian Diamond as new retail director   London, 2017-Aug-31 — /EPR Retail News/ — LCP, the leading investment and property management company, has announced the appointment of a new retail director. Julian Diamond joined LCP in 2004 as an asset manager at the company’s Millbank office in London, where he had responsibility for […]

CBRE: Asian outbound investment into global real estate continues; posting significant YoY gains in H1 2017

Asian Investors Continue to Favor Big Ticket Deals and Diverse Geographic Mix When Deploying Capital into Global Real Estate London, New York, Hong Kong the Leading Global Destinations for Asian Investors Los Angeles, 2017-Aug-30 — /EPR Retail News/ — Global real estate continues to serve as an attractive asset class for investors, with Asian outbound […]

CBL & Associates Properties prices $225 million aggregate principal amount of 5.950% Senior Notes Due 2026

CHATTANOOGA, Tenn., 2017-Aug-30 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) announced today (8/29/2017) that its majority-owned operating partnership subsidiary, CBL & Associates Limited Partnership (the “Operating Partnership”), priced $225 million aggregate principal amount of its 5.950% Senior Notes Due 2026 (the “notes”) under its existing shelf registration statement. The notes constitute an […]

LCP: Prime Point development in the Black Country is ready for occupation

London, 2017-Aug-28 — /EPR Retail News/ — The first unit at a multi-million pound speculative development in the Black Country has been completed three months ahead of schedule. The 20,000 sq ft unit – Building A – at Prime Point, which is being developed by LCP, the leading national property, investment and management company, at its […]

CBL & Associates Properties declares quarterly cash dividend of $0.265 per share on its common stock

CHATTANOOGA, Tenn., 2017-Aug-28 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today (8/24/2017) announced that its Board of Directors has declared a quarterly cash dividend for the Company’s Common Stock of $0.265 per share for the quarter ending September 30, 2017. The dividend is payable on October 16, 2017, to shareholders […]

Trigild Expands Management Profile

SAN DIEGO, United States, 2017-Aug-24 — /EPR Retail News/ — Expanding its national portfolio, Trigild – a San Diego-based real estate services firm – has taken over the management of more than 240,000 square feet of retail and commercial property. Trigild will now oversee day-to-day management for Pacific Medical Plaza, a three-story, medical office property at […]