Crain's - ChicagoRealEstateDaily.com. Shopping Center Business. LinkedIn - Corporate Real Estate. RetailTraffic - TrafficCourt. By Elaine Misonzhnik October 4th, 2012 After experiencing a tough quarter, British supermarket operator Tesco announced that it plans to cut spending on its U.S. -based Fresh & Easy division . The decision means the company will be operating approximately 200 stores in the U.S. by the end of its fiscal year, rather than previously planned 230, according to our sister publication .
According to Phillip Clarke, Tesco’s CEO: Fresh & Easy is not where we want it to be, which is why future capital will be very tightly constrained. We’re not going to open very many more stores in the U.S. in the rest of this year or into next year. By Elaine Misonzhnik October 2nd, 2012 Though both REITs have publicly expressed a profound indifference to each other , hedge fund manager and GGP shareholder Bill Ackman continues to believe that someday things might change. According to : During his presentation, Ackman said Brookfield Asset Management is getting “creeping control” by increasing its stake in GGP. REJournals.com. NAR Commercial: "Thanks for sharing - great. AgentGenius - Commercial.
Pace of commercial real estate improvement ... (Commercial Real Estate) The commercial real estate sector has improved substantially since the economy crashed, but is now showing signs of slowing, but data does not indicate lost ground. Lovely, Experian partner to launch one appl... Apply with Lovely launches today in partnership with Experian, making this in the top two largest common rental application moves in the industry, illustrating a coming trend across the sector. What no one is telling you about commercial... Commercial real estate investments are filled with hidden truths that no guru or class will tell you, starting with the most important truth of all (hint: it involves rates of return). Could pop up hotel concept save commercial ... You've heard of pop up shops, but what about pop up hotels? Chain Store Age. Illinois Real Estate Journal. National Real Estate Investor - Commercial Real Estate Investing and Development.
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