Zhang Xin’s and Pan Shiyi’s five-part strategy—build a successful business in China, list it on a global exchange, pay out billions of dollars in dividends, set up a family office abroad and buy up foreign real estate—means their fortune is...
Retailers discounted generously on Black Friday and Cyber Monday this year in an effort to clear excess inventory and lure consumers who are increasingly strained by inflation. Those efforts drove foot traffic up.
More concern is being voiced by the commercial real estate industry over new challenges facing the office sector. Brookfield might be on the verge of becoming an even more influential dealmaker, according to Propmodo. These are among today’s must...
The Department of Justice has opened an investigation into whether RealPage’s software helped apartment owners coordinate rental rates, reports Multifamily Dive. CNBC looks into how Atlanta’s recent population and economic growth has negatively...
The hearing will focus on Kroger’s planned takeover of Albertsons, a significant merger that skeptical lawmakers say could reduce competition among supermarkets. The hearing will also feature an anti-monopoly advocate from Consumer Reports, a...
In-store traffic ticked up 2.9 percent at brick-and-mortar retailers versus 2021, according to preliminary data compiled by Sensormatic Solutions. Salesforce Inc. said the average consumer discount on Black Friday was expected to be greater than...
Macy’s has converted about 1 million sq. ft. of space at 35 stores into fulfillment operations, reports Retail Dive. Global direct investment in CRE fell on a quarterly basis for the first time since the onset of the pandemic, according to JLL...
Republicans have called corporate environment, sustainability and governance investing policies a "scam" and intend to pursue oversight.
All told, the early 2023 inventory spike looks unavoidable, and the real question is where mortgage rates will be when the listings hit the market.
