Search Results for:

You are here

Brazil's BR Properties buys piece of Sao Paulo tower for $86 mln
News 1 day ago
Brazil's BR Properties buys piece of Sao Paulo tower for $86 mln

RIO DE JANEIRO, Oct 16 (Reuters) - Brazilian real estate firm BR Properties SA has purchased half of an office tower in downtown Sao Paulo for 311...

Share
WRAPUP 3-Weak U.S. retail sales cast pall over slowing economy
News 1 day ago
WRAPUP 3-Weak U.S. retail sales cast pall over slowing economy

WASHINGTON (Reuters) - U. S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be...

Share
WRAPUP 1-Weak U.S. retail sales cast gloom over economy
News 1 day ago
WRAPUP 1-Weak U.S. retail sales cast gloom over economy

WASHINGTON (Reuters) - U. S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be...

Share
WRAPUP 4-Weak U.S. retail sales cast shadow over slowing economy
News 1 day ago
WRAPUP 4-Weak U.S. retail sales cast shadow over slowing economy

WASHINGTON (Reuters) - U. S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be...

Share
Blackstone REIT to buy Bellagio from MGM Resorts for $4.25 bln
News 2 days ago
Blackstone REIT to buy Bellagio from MGM Resorts for $4.25 bln

Oct 15 (Reuters) - Blackstone Real Estate Income Trust will acquire the real estate assets of the Bellagio casino from MGM Resorts International...

Share
BR Properties scoops up Sao Paulo towers for $186 mln
News 3 days ago
BR Properties scoops up Sao Paulo towers for $186 mln

RIO DE JANEIRO, Oct 14 (Reuters) - Brazil's BR Properties SA has agreed to buy part of a large mixed-use development in Sao Paulo for 766 million...

Share
INSIGHT-Realty bites: Indian property slump leaves beleaguered banks exposed
News 4 days ago
INSIGHT-Realty bites: Indian property slump leaves beleaguered banks exposed

MUMBAI (Reuters) - India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the real estate industry could...

Share
Wells Fargo adding to mortgage loan processing teams
News 1 week ago
Wells Fargo adding to mortgage loan processing teams

Oct 10 (Reuters) - Wells Fargo & Co is adding to teams that process mortgage loans to prepare for higher mortgage volumes, according to a memo...

Share
CORRECTED (OFFICIAL)-UPDATE 2-Vodafone to close more than 1,000 stores
News 1 week ago
CORRECTED (OFFICIAL)-UPDATE 2-Vodafone to close more than 1,000 stores

DUESSELDORF, Germany (Reuters) - Vodafone (VOD. L) will shut 15% of its 7,700 stores and upgrade some of the remaining outlets as customers buy...

Share
Kroger to layoff several store employees
News 2 weeks ago
Kroger to layoff several store employees

Oct 2 (Reuters) - Kroger Co is looking to lay off several store employees holding middle management roles, amidst the supermarket chain's push to...

Share
UPDATE 4-Retailer Forever 21 to file for bankruptcy, close 178 U.S. stores
News 2 weeks ago
UPDATE 4-Retailer Forever 21 to file for bankruptcy, close 178 U.S. stores

Forever 21, which popularized trendy and inexpensive clothing, has fallen out of favor with shoppers due to strong competition from other retailers...

Share
UPDATE 5-Forever 21 closing stores in bankruptcy filing shows limits to fast fashion
News 2 weeks ago
UPDATE 5-Forever 21 closing stores in bankruptcy filing shows limits to fast fashion

Forever 21 Inc, the privately held company that helped popularize trendy and cheap clothing, has fallen out of favor with shoppers, in part due to...

Share
Blackstone to buy U.S. warehouse assets from Colony Capital for $5.9 bln
News 2 weeks ago
Blackstone to buy U.S. warehouse assets from Colony Capital for $5.9 bln

Sept 30 (Reuters) - Blackstone Group Inc said on Monday it would buy U. S. industrial warehouse properties from Colony Capital Inc for $5.9 billion...

Share
UPDATE 3-Forever 21 latest retailer to file for bankruptcy
News 2 weeks ago
UPDATE 3-Forever 21 latest retailer to file for bankruptcy

Since the start of 2017, more than 20 U.S. retailers, including Sears Holdings Corp (SHLDQ.PK) and Toys 'R' Us, have filed for bankruptcy as more...

Share
Brazil real estate firm Log Commercial Properties mulls share offering - filing
News 2 weeks ago
Brazil real estate firm Log Commercial Properties mulls share offering - filing

SAO PAULO, Sept 27 (Reuters) - Brazilian real estate firm Log Commercial Properties e Participações SA is considering a share offering to raise...

Share
Amazon sued for marketing charcoal produced on land seized by Cuba in 1960s
News 3 weeks ago
Amazon sued for marketing charcoal produced on land seized by Cuba in 1960s

HAVANA, Sept 26 (Reuters) - A Florida resident is suing Amazon for marketing charcoal produced on land he says Cuba confiscated from his...

Share
Commercial property group Garbe plans Frankfurt listing of its property
News 3 weeks ago
Commercial property group Garbe plans Frankfurt listing of its property

FRANKFURT, Sept 24 (Reuters) - German logistics property group Garbe Industrial Real Estate is planning to float its Logistrial property unit on...

Share
UPDATE 1-Brookfield, Dubai's Meraas Holding create $1.4 bln retail JV
News 3 weeks ago
UPDATE 1-Brookfield, Dubai's Meraas Holding create $1.4 bln retail JV

DUBAI (Reuters) - Canada's Brookfield Asset Management (BAMa. TO) and Dubai's Meraas Holding have agreed to form a joint venture valued at 5...

Share
Walmart to stop sales of electronic cigarettes in its U.S. stores -company memo
News 3 weeks ago
Walmart to stop sales of electronic cigarettes in its U.S. stores -company memo

WASHINGTON, Sept 20 (Reuters) - Walmart Inc on Friday sent an internal memo to its staff saying the retailer will discontinue the sale of e...

Share
UPDATE 1-Fed's Rosengren flags risks to economy in WeWork-style model
News 3 weeks ago
UPDATE 1-Fed's Rosengren flags risks to economy in WeWork-style model

While commercial real estate valuations and lending standards have been a persistent worry for Rosengren, it is the first time he, or any Fed...

Share
Union: Hudson's Bay to close Dutch stores on Dec. 31
News 4 weeks ago
Union: Hudson's Bay to close Dutch stores on Dec. 31

AMSTERDAM, Sept 19 (Reuters) - Hudson's Bay will close its Dutch stores on Dec. 31, the union that represents its workers in the Netherlands said...

Share
Beyond Meat rival Impossible Foods readies for retail debut in California
News 4 weeks ago
Beyond Meat rival Impossible Foods readies for retail debut in California

Sept 19 (Reuters) - Impossible Foods said it would sell its vegan burgers at 27 outlets of Gelson's Markets in California starting Friday, as it...

Share
UPDATE 2-Britain's Ocado could make early start to M&S deliveries
News 1 month ago
UPDATE 2-Britain's Ocado could make early start to M&S deliveries

* Earlier start a possibility -Ocado finance chief LONDON, Sept 17 (Reuters) - British online supermarket Ocado could start home deliveries of the...

Share
Dream Global REIT to be bought by Blackstone funds in $4.7 billion deal
News 1 month ago
Dream Global REIT to be bought by Blackstone funds in $4.7 billion deal

Blackstone will pay C$16.79 cash per Dream Global unit to acquire all of the office and industrial property manager's subsidiaries and assets, the...

Share
UPDATE 1-Fannie, Freddie regulator changes caps on multifamily loans
News 1 month ago
UPDATE 1-Fannie, Freddie regulator changes caps on multifamily loans

The new multifamily loan purchase caps for the two government-sponsored enterprises will be $100 billion each for a total of $200 billion for the...

Share
Fannie, Freddie regulator revises caps on multifamily loans
News 1 month ago
Fannie, Freddie regulator revises caps on multifamily loans

The new multifamily loan purchase caps for the two government-sponsored enterprises will be $100 billion each for a total of $200 billion for the...

Share
Blackstone raises $20.5 billion for largest ever real estate fund
News 1 month ago
Blackstone raises $20.5 billion for largest ever real estate fund

Large buyout firms such as Blackstone have been attracting a lot of capital from investors seeking higher returns not available in public markets....

Share
Trump administration to defend Fannie, Freddie overhaul before U.S. Congress
News 1 month ago
Trump administration to defend Fannie, Freddie overhaul before U.S. Congress

WASHINGTON (Reuters) - U. S. lawmakers on Tuesday will question Trump administration officials on their plan to release mortgage giants Fannie Mae...

Share
UPDATE 1-PropertyGuru plans Australia IPO, potentially biggest of year -sources
News 1 month ago
UPDATE 1-PropertyGuru plans Australia IPO, potentially biggest of year -sources

* Online property firm targets IPO this year -sources * Senior execs to meet investors in next few weeks -sources SYDNEY/SINGAPORE, Sept 10 ...

Share
PropertyGuru plans up to A$400 mln Australian IPO - sources
News 1 month ago
PropertyGuru plans up to A$400 mln Australian IPO - sources

SINGAPORE/SYDNEY, Sept 10 (Reuters) - Southeast Asian online realtor PropertyGuru Group, which counts buyout firms TPG Capital and KKR among its...

Share