In 2019, Roni Rubinov even signed a lease on a warehouse in which he planned to open a sort of “department store’ of stolen goods, the mayor’s office said.

High inflation, including rising gas prices, can disrupt the improving performance of restaurant tenants.

The departure carries huge symbolic as well as economic weight because the fast-food chain was one of the first Western brands to set up shop in Russia in 1990.

Tesco Plc, the UK’s biggest grocer, has teamed up with flexible office company IWG Plc to convert excess space in a supermarket into a work hub.

The company would like to sell its U.S. malls at a 30 percent discount to their 2021 valuations. Analysts say that may be unrealistic.

With many people still working from home at least some part of the week, suburban retail has been a beneficiary.

Data this week are likely to show that U.S. consumer prices rose 8% from a year earlier in April.

About $3.4 billion in mortgages on Unibail-Rodamco-Westfield malls have been bundled into bonds and sold to investors.

Occupancy rates throughout the retail real estate industry have ticked up in recent months, leaving the sector on its best footing since before the pandemic.

Representatives of foreign companies in China met Monday with Commerce Minister Wang Wentao to discuss the impact of Covid controls.