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CENTRAL VALLEY, NY - NOVEMBER 24: People carry shopping bags at the Woodbury Common Premium Outlets shopping mall on November 24, 2020 in Central Valley, New York.

Simon on Stores: ‘Bricks Is Where the Action Is’

The REIT has signed a contract to sell its remaining seven U.K. retail parks to Brookfield for $456.8 million.

Hammerson Exits UK Retail Parks

Malls crashed into a liquidity crunch amid the tumult of the Covid-19 pandemic, but PREIT has good news on the rent-collection front.

This Mall REIT Says it’s Collecting More Rent—Are Shopping Centers Out of the Woods?

Shopping mall giant Simon has completed its $3 billion merger with Taubman Centers, a day after Taubman shareholders approved of the deal.

Simon Completes $3 Billion Taubman Mall Merger

Pennsylvania Real Estate Investment Trust is eyeing an early December bankruptcy exit after a court approved its restructuring plan.

PREIT Eyes Early December Bankruptcy Exit

Simon Property Group and Taubman Centers will merge after all, after agreeing to a price reduction of $600,000 and valuing the deal at $3B.

Simon and Taubman Agree on Revised $3B Merger

PREIT could be the next mall operator to file Chapter 11 if it can't effect an out-of-court restructuring agreement with its lenders.

Could PREIT Be Next Mall Operator to File Chapter 11?

Intu Properties, the owner of 17 shopping centers in the U.K. and three in Spain, has put one of Great Britain’s biggest malls up for sale.

Intu Puts Major Mall Up for Sale—Are UK’s Top Landlords in Big Trouble?

Brookfield Asset Management CEO Bruce Flatt shared his outlook for the global economy, real estate and distressed investing in retail.

Brookfield CEO Sees ‘Deal Opportunities’ on the Horizon

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