Hudson Pacific and Macerich to transform Westside Pavilion into state-of-the-art creative office space in a Prime Los Angeles Location

Hudson Pacific Brings Deep Expertise in Successfully Redeveloping and Repositioning Properties as Creative Offices to Attract Top-Tier Tenants in Technology, Entertainment, and Other High-Growth Industries Redevelopment to Provide Approximately 500,000 Square Feet of Creative Office in a Prime Los Angeles Location Adjacent to Freeways and Public Transportation LOS ANGELES, 2018-Mar-08 — /EPR Retail News/ — Hudson […]

British Land: Eataly to open its first UK location at Broadgate’s 135 Bishopsgate in 2020

British Land: Eataly to open its first UK location at Broadgate’s 135 Bishopsgate in 2020   LONDON, 2018-Mar-06 — /EPR Retail News/ — British Land and Eataly, the Italian marketplace, announce that Eataly is to open its first UK location at Broadgate’s 135 Bishopsgate in 2020. Eataly has signed an agreement for lease for 42,000 […]

Macerich to participate in the Citi 2018 Global Property CEO Conference in Hollywood, Florida

SANTA MONICA, Calif., 2018-Mar-06 — /EPR Retail News/ — Macerich® (NYSE: MAC) today (03/05/18) announced that Art Coppola, CEO and Chairman, Ed Coppola, President and Tom O’Hern, Senior Executive Vice President and CFO will participate in the Citi 2018 Global Property CEO Conference in Hollywood, Florida. Macerich will participate in a roundtable discussion from approximately 2:55 p.m. to 3:30 p.m. Eastern Time, on Monday, March 5, […]

CBL Properties President and Chief Executive Officer Stephen D. Lebovitz to present at the Citi 2018 Global Property CEO Conference

CHATTANOOGA, Tenn., 2018-Mar-06 — /EPR Retail News/ — CBL Properties (NYSE: CBL) today (3/2/2018) announced that it will provide an online audio webcast of the presentation given by its President and Chief Executive Officer, Stephen D. Lebovitz, at the Citi 2018 Global Property CEO Conference in Hollywood, Florida. The presentation will take place on Monday, March 5, 2018, […]

Federal Realty Investment Trust President and CEO Donald C. Wood to present at the Citi 2018 Global Property CEO Conference

ROCKVILLE, Md., 2018-Mar-02 — /EPR Retail News/ — Federal Realty Investment Trust (NYSE: FRT) announced today (Feb. 27, 2018) that Donald C. Wood, President and Chief Executive Officer, will present at the Citi 2018 Global Property CEO Conference in Hollywood, Florida on Monday, March 5, 2018 from 7:30 AM ET to 8:05 AM ET. Event: Federal Realty Investment Trust Presentation at Citi 2018 Global Property CEO Conference When: 7:30 […]

The Lipsey Company named CBRE the top global brand in commercial real estate for the 17th consecutive year

Los Angeles, 2018-Feb-23 — /EPR Retail News/ — CBRE Group, Inc. today (February 21, 2018) announced that The Lipsey Company has named CBRE the top global brand in commercial real estate for the 17th consecutive year. Lipsey, a training and professional development firm specializing in commercial real estate, has surveyed commercial real estate professionals on […]

CBRE Group, Inc. named to The 2018 Global Outsourcing 100® by IAOP®

Los Angeles, 2018-Feb-23 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (February 21, 2018) announced that the company has been named to The 2018 Global Outsourcing 100® by IAOP®. This marks the twelfth consecutive year that CBRE has been named among the world’s elite outsourcing firms across all industries. The 2018 Global Outsourcing 100 and The […]

Europa Capital and Ediston Real Estate sold two 1980s office buildings in Bath to Carlton (North Wales) for £26.5 million

Europa Capital and Ediston Real Estate sold two 1980s office buildings in Bath to Carlton (North Wales) for £26.5 million   Edinburgh, Scotland, 2018-Feb-22 — /EPR Retail News/ — Europa Capital and Ediston Real Estate have sold two 1980s office buildings in Bath to UK family property group Carlton (North Wales) for £26.5 million. The Pinesgate […]

CBL Properties to deliver fresh new eateries at Volusia Mall in Daytona Beach, FL, and Northgate Mall in Chattanooga, TN

CHATTANOOGA, Tenn., 2018-Feb-20 — /EPR Retail News/ — CBL Properties (NYSE: CBL) today (2/19/2018) announced plans to add new dining options as part of the redevelopment of two former Sears Auto Centers. The redevelopments will deliver fresh new eateries at both Volusia Mall in Daytona Beach, Florida, and Northgate Mall in Chattanooga, Tennessee. Construction on both […]

Woolwich Estate in south east London joins the portfolio of British Land’s Local retail centres

LONDON, 2018-Feb-13 — /EPR Retail News/ — British Land is pleased to announce that it has acquired the Woolwich Estate, covering 4.9 acres in south east London for a headline price £103 million representing a net initial yield of 4.1%. This acquisition is in line with our strategy of focusing on well-connected, mixed use assets […]

UNIQLO to open its first Maryland location at Pike & Rose in Montgomery County

Pike & Rose Continues to Build Momentum as International Apparel Merchant Joins Growing List of Retail, Restaurant, Residential, Hotel and Office Tenants ROCKVILLE, Md., 2018-Feb-13 — /EPR Retail News/ — Federal Realty Investment Trust (NYSE: FRT) announced today (Feb. 7, 2018) that global retailer UNIQLO will open its first Maryland location and third in the Washington D.C. metro area at Pike & Rose, a […]

LCP welcomes Ceri Markham and Derek Croal as new asset managers

LCP welcomes Ceri Markham and Derek Croal as new asset managers   LONDON, 2018-Jan-30 — /EPR Retail News/ — LCP has appointed two new asset managers. Ceri Markham and Derek Croal both join LCP’s head office in Pensnett, West Midlands. Ceri joins the industrial team from Cushman and Wakefield, where she was a senior surveyor in […]

CBRE named to the 2018 America’s Best Employers For Diversity list by Forbes

Los Angeles, 2018-Jan-26 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) has been named to the 2018 America’s Best Employers For Diversity list by Forbes. The company earned a #45 ranking on the list of 250 organizations and is the only commercial real estate company to receive this honor. The Forbes ranking is the result of employee responses […]

CBRE appoints Brian Harringon and Brennan McReynolds to leadership positions for CBRE 360

Los Angeles, 2018-Jan-26 — /EPR Retail News/ — CBRE has appointed Brian Harringon and Brennan McReynolds to leadership positions for CBRE 360, the company’s new capability focused on delivering enhanced employee experiences in the workplace. Mr. Harrington will be Chief Product Office for CBRE 360 while Mr. McReynolds will serve as Senior Vice President, Business Development & Operations for […]

Fortune magazine named CBRE Group a World’s Most Admired Company in the real estate industry for the sixth consecutive year

Los Angeles, 2018-Jan-23 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today  (January 22, 2018) announced that Fortune magazine has named the company a World’s Most Admired Company in the real estate industry for the sixth consecutive year. Fortune rates companies on nine attributes related to corporate performance. In 2018, CBRE was ranked second overall in the […]

CBRE: U.S. office space vacancy increased to 13 percent during Q4 2017

Los Angeles, 2018-Jan-15 — /EPR Retail News/ — Vacant office space in the U.S. increased slightly by 10 basis points (bps) during the fourth quarter of 2017 (Q4 2017) to 13 percent, according to the latest analysis from CBRE. For the year, vacancy inched up 10 bps, marking the first year-over-year increase in vacancy since […]

HBC: Marc Metrick, President of Saks Fifth Avenue to expand leadership role to include Gilt and Saks OFF 5TH

TORONTO & NEW YORK, 2018-Jan-11 — /EPR Retail News/ — HBC today (January 9, 2018) announced that Marc Metrick, President of Saks Fifth Avenue, will expand his leadership role to include Gilt and Saks OFF 5TH. In this capacity, Mr. Metrick will lead distinct teams and work to ensure that each business remains well positioned to […]

CBL Properties unveils major anchor redevelopment project at Eastland Mall in Bloomington, IL

CBL Announces Exciting Redevelopment Plans For Former Department Store CHATTANOOGA, Tenn., 2018-Jan-10 — /EPR Retail News/ — CBL Properties (NYSE:CBL) today (1/4/2018) confirmed details of its transformation plan for Eastland Mall in Bloomington, IL. Global fashion retailer H&M and popular fitness center Planet Fitness will join the center as part of the redevelopment of the […]

New joint venture brings together Hernando de Soto and Medici Ventures’ blockchain expertise to develop a global property registry system

Blockchain used to Create First Global Record of Who Controls Territory and Property RightsSALT LAKE CITY, UT, 2017-Dec-14 — /EPR Retail News/ — World-renowned economist Hernando de Soto and blockchain technology leader Patrick Byrne (founder Overstock.com, Inc. (NASDAQ:OSTK) and blockchain subsidiary Medici Ventures) have formed a joint venture to develop a global property registry system to surface  the property […]

Citycon announces equity repayment of EUR 0.0325 per share

Helsinki, 2017-Dec-13 — /EPR Retail News/ — The Board of Directors of Citycon Oyj has today (12 December 2017) decided, on the basis of the authorisation by the Annual General Meeting 2017, that an equity repayment of EUR 0.0325 per share be distributed from the invested unrestricted equity fund of the company. The equity repayment […]

Weingarten Realty Investor declares special cash dividend of $0.75 per common share

HOUSTON, 2017-Dec-13 — /EPR Retail News/ — Weingarten Realty Investors (NYSE:WRI) announced today (12/11/2017) that its Board of Trust Managers declared a special cash dividend of $0.75 per common share payable on December 29, 2017 to shareholders of record on December 26, 2017. The Company estimates the special dividend will consist primarily of gains on dispositions […]

LCP promotes Amy James to legal director

LCP promotes Amy James to legal director   London, 2017-Dec-12 — /EPR Retail News/ — Amy James, LCP’s head of legal, has been appointed a new director. Amy joined the company’s London office in 2007 as a solicitor, after training, qualifying and practising at Clifford Chance LLP. She was appointed head of legal (uk) four years […]

British Land celebrates the completion of the £60 million refurbishment of Meadowhall

British Land celebrates the completion of the £60 million refurbishment of Meadowhall   London, 2017-Dec-07 — /EPR Retail News/ — British Land, joint owner of Meadowhall, one of the UK’s premier shopping destinations, is today (06 DEC 2017) celebrating the completion of the £60 million refurbishment of the centre. This marks the end of a two-year programme, […]

Macerich and Life Time® to build a Athletic healthy lifestyle, wellness and entertainment resort destination at Biltmore Fashion Park in Phoenix

Macerich and Life Time® to build a Athletic healthy lifestyle, wellness and entertainment resort destination at Biltmore Fashion Park in Phoenix   SANTA MONICA, Calif., 2017-Dec-07 — /EPR Retail News/ — Macerich (NYSE:MAC), one of the nation’s leading owners, operators and developers of retail properties in top markets, and Life Time®, the nation’s only Healthy Way of Life […]

Taubman Centers declares a regular quarterly dividend of $0.625 per share of common stock

BLOOMFIELD HILLS, Mich., 2017-Dec-06 — /EPR Retail News/ — The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today (12/04/2017) declared a regular quarterly dividend of $0.625 per share of common stock. The common dividend is payable Dec. 29, 2017, to shareholders of record on Dec. 15, 2017. The Board of Directors also declared quarterly dividends of $0.40625 on its 6.5% Series J […]

Kimco Realty to host Q4 2017 earnings conference call on Thursday, February 15

NEW HYDE PARK, New York, 2017-Dec-04 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) will announce its fourth quarter 2017 earnings on Thursday, February 15, 2018 before market opens. You are invited to listen to our quarterly earnings conference call, which will be broadcast live over the Internet on Thursday, February 15, 2018 […]

RioCan Real Estate Investment Trust to increase its monthly distribution starting with January 2018

TORONTO, 2017-Dec-04 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan”) (TSX:REI.UN) today ( Dec. 01, 2017) is pleased to announce that it will increase its monthly distribution to unit holders to 12 cents per unit commencing with the January 2018 distribution, payable in February 2018. On an annualized basis, this will increase RioCan’s annualized distribution by 3 cents to $1.44 per unit, or […]

Pradera appoints Sabiha Güleç and Sevgi Ocak as Joint Heads of its Turkey office

London, UK, 2017-Dec-01 — /EPR Retail News/ — Pradera, the specialist international retail real estate fund and asset manager, has appointed Sabiha Güleç and Sevgi Ocak as Joint Heads of its Turkey office. Their primary responsibility will be to oversee the management of Istanbul Cevahir, one of Europe’s largest shopping centres that Pradera manages on […]

Pradera improved its Global Real Estate Sustainability Benchmark results for 2017 across its funds

London, UK, 2017-Dec-01 — /EPR Retail News/ — Pradera, the specialist international retail real estate fund and asset manager, has again demonstrated it is setting the standard for sustainable retail real estate, having significantly improved its Global Real Estate Sustainability Benchmark (GRESB) results for 2017 across three of its funds. The Pradera funds were analysed […]

Macerich announces the sale of its Chicago office building for $86.4 million

SANTA MONICA, Calif., 2017-Nov-29 — /EPR Retail News/ —The Macerich Company (NYSE: MAC) today (Nov. 27, 2017) announced the sale of an office building at 500 North Michigan Avenue in Chicago for $86.4 million.  The asset was unencumbered and wholly-owned by Macerich. 500 N. Michigan Ave is a 326,000 square foot office tower located adjacent to Macerich’s The Shops at North Bridge, a 673,000 square […]