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Gap Shares Rise on News of Nixed Old Navy Spinoff

(Bloomberg)—Gap Inc., the apparel retailer that’s searching for a new chief executive officer, said it will no longer seek to establish Old Navy as a standalone company. The shares rose in pre-market…
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Who Will Buy Trump International Hotel in D.C.?

Who will elect to buy the controversial Trump International Hotel in Washington, D.C. and how much money will the luxury property command? Those questions underpin one of today’s most high-profile…
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Where Will Be This Decade’s Best Student Housing Opportunities?

Over the next decade, research shows further growth in aggregate enrollment in higher education in the U.S. and continued growth in first generation college students. But what do the statistics…
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10 Must Reads for CRE Investors on January 17, 2019

Hudson Yards developer was considering a wall, but later backtracked those plans, reports The New York Times. Harrah’s Reno Hotel and Casino sale shows…
Abercrombie is one of the brands facing the issue of staying relevant as retailing changes ldquoOne part is strategy of brand positioningmdashare you as fashionable as you once were Other part is shifting shopping patterns For instance nowadays consumers donrsquot necessarily go to a teenspecific retailerrdquo says Stern ldquoAbercrombie and American Eagle will still have closuresrdquoSuffering fromnbsp15 consecutive quarters of comparable sales declines Abercrombie amp Fitch i

Abercrombie & Fitch Willing to Walk Away from Any Mall Lease

(Bloomberg)—Abercrombie & Fitch Co. says it isn’t afraid to leave even the best shopping centers behind as it shrinks its footprint. “We’re willing to walk away from any mall at this…
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NYC Property Values Rise by 4.7%

(Bloomberg)—New York City is reaping the benefits of a construction boom. The city set a value of $1.38 trillion for its more than one million properties for the fiscal year beginning in July,…
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Five Major Trends from MSCI’s 2020 Real Estate Report

MSCI, an American finance company, released its 2020 Emerging Real Estate Trends report today. The main themes of the report revolve around the improvement of data in the real estate investment…
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10 Must Read Items for CRE Investors on Jan. 16, 2020

This year will see the delivery of more new apartment units than any year since the 1980s, according to the Wall Street Journal. Coney Island shop owners…
Annual sales 82 billion estimated consumables only

Which Retailers Might Be in Trouble in 2020?

U.S. store closures in 2019 set an all-time record with roughly 9,300 closings, reported global marketing research firm Coresight Group. That shattered the previous record of approximately 8,100…

Reverse Logistics Growth Benefits Industrial Property Owners

With online retail sales rising by 10 percent annually, the volume of returns is also growing. According to research from market data firm Statista, returns for online sales tend to be two to three…