Our real estate editors'picks for the best stories of the week ending May 6.
Although14 REITs report Sears or Kmart as a top tenant, they have minimal exposure tothe latest round of planned store closings, according to S&P Global MarketIntelligence data.
Chinahas become an "over-supplier" of capital and is more than willing toinvest abroad, Liang Xinjun, vice chairman and CEO of Fosun International, saidin his keynote presentation at Macquarie Group's 8th Greater China Conferencein Hong Kong.
Onan earnings call, executives said the company's exposure to the sporting goodstenants is likely to affect its same-property NOI in the near term.
TheMay 6 edition of Asia-Pacific property news recap also features the operationalupdates of GoodmanGroup, GPTGroup and Mirvac.
had to pay up forParkway, but themerger and accompanying HoustonCo spinoff will likely pay off in the end forhaving saved the companies from the drags their Houston holdings would have hadon their portfolios, analysts said.
' consideration of a backdoor listing in Shanghai and IPOnews from Turkey and South Korea made waves during the week.
Theproperty, to be developed with Hines, is part of the REIT's strategy offocusing on top-tier markets, company executives said during an earningsconference call.
S&PGlobal Market Intelligence presents a weekly rundown of recent significantmanagement and board changes and personnel moves in the European andAsia-Pacific real estate industries.
Companyexecutives said on a call that they intend to buy back shares aggressively andsell four of the company's hotels.
Thecompany raised 12 billion Chinese yuan by completing the issuance of twotranches of medium-term notes.