“The psychological impact of risk aversion setting in cannot be understated,” HSBC’s James Pomeroy and Fabio Balboni wrote in a May 1 note.
Some will be undone by higher operating costs driven by the pandemic. But the sector will eventually rebound, brokers insist.
A shopping center owner discusses rent relief requests, reopening plans and the outlook for experiential retail.
Prologis Inc. is seeing growing demand for warehouse space.
The chain is being sued by its landlord for not paying rent at its store at 1212 Avenue of the Americas in New York City.
New leases in the city sank to lowest first-quarter level since 2009.
The sector was already facing massive challenges. With consumers unlikely to return to malls anytime soon, some chains will disappear.
New technologies let apartments shoppers to check out potential homes without ever being in the presence of a leasing agent.
Sycamore Partners and L Brands agreed to settle all pending litigation.
