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Real Estate, editors' picks

Our real estate editors' picksfor the best stories of the week ending April 29.

On anearnings call, Simon Property'schairman and CEO once again sought to discredit media reports about the existentialcrisis facing the mall business.

On anearnings conference call, President and CEO Christopher Nassetta also weighed inon the planned combination of MarriottInternational and StarwoodHotels & Resorts Worldwide.

Evenif 2016 does not turn out to be as "spectacular" as 2015 was, it is stillon track to be a "great" year, a company executive said in an earningsconference call.

In anearnings conference call, Chairman, President and CEO Ronald Havner Jr. said thatdespite more product, lower quality and higher prices in the market for storageproperties than in 2015, Public Storagehas found assets to buy.

MarriottInternational Inc. President and CEO Arne Sorenson predicted improving GDP growthand transient bookings in the rest of 2016 and disputed a more bearish assessmentfrom his counterpart at LaSalle Hotel Properties.

The development,on E. 96th St. in Manhattan, is a public-private partnership that is expected toinclude 1,100 apartments, 20,000 square feet of retail space and two public schoolbuildings.

WithHong Kong-listed Dalian Wanda Commercial Properties pushing plans to decamp to amainland exchange, industry observers are speculating that Evergrande Real EstateGroup could follow suit.

Bettingon ever-increasing tourist arrivals to Japan, Bain Capital-owned Ooedo Onsen Holdingsis advancing a plan to list as a REIT on a domestic exchange.

Istanbul,Turkey, appears to be rising through the ranks of global cities to take its placeas a major hub for business, tourism and culture. International real estate punditshave praised its strong demographics and ambitious infrastructure development plans.But are cross-border investors taking action, or is Istanbul's importance just conceptual?

S&PGlobal Market Intelligence presents a weekly rundown of recent significant managementand board changes and personnel moves in the European and Asia-Pacific real estateindustries.