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United Kingdom

Herbert Lash

Brookfield top New York landlord after Forest City deal closes

05 Dec 2018

NEW YORK Canada's Brookfield Asset Management Inc will be the largest single commercial property owner in New York City after its $11.4 billion purchase of Forest City Realty Trust Inc closes in coming days, a Brookfield official said on Wednesday.

Detroit casino hotel sold for $1 billion in gaming consolidation

14 Nov 2018

An investment arm of Quicken Loans founder and billionaire Dan Gilbert said on Wednesday it agreed to sell the Greektown Casino-Hotel in Detroit to a real estate investment trust and a partner for $1 billion, in a sign of industry consolidation.

Boring is 'amazing' for steady returns: Epoch's Van Valen

14 Nov 2018

NEW YORK The gains of internet-related stocks in recent years have cast a shadow over what a dull but steady income stream from dividends can do for investors.

Northwestern in JVs with strip mall REIT, future deals likely

12 Nov 2018

NEW YORK Northwestern Mutual has partnered with Phillips Edison & Co Inc, a real estate investment trust, in two joint ventures involving 20 grocery-anchored shopping centers with a total value of about $415 million, the companies said Monday.

Northwestern in JVs with strip mall REIT, future deals likely

12 Nov 2018

NEW YORK, Nov 12 Northwestern Mutual has partnered with Phillips Edison & Co Inc, a real estate investment trust, in two joint ventures involving 20 grocery-anchored shopping centers with a total value of about $415 million, the two companies said Monday.

U.S. landlords copy hotel model to cut risk as coworking surges

19 Oct 2018

NEW YORK Leading owners of prime U.S. office space are taking a page from the hotel industry to boost profits from coworking's rapid growth and to mitigate some of the risk they assume when signing long-term leases with these flexible workspace providers.

Many U.S. mall owners say good riddance to Sears

15 Oct 2018

NEW YORK The real estate investment trusts that own the malls and shopping centres where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans.

Many U.S. mall owners say good riddance to Sears

15 Oct 2018

NEW YORK The real estate investment trusts that own the malls and shopping centers where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans.

UPDATE 1-Many U.S. mall owners say good riddance to Sears

15 Oct 2018

NEW YORK, Oct 15 The real estate investment trusts that own the malls and shopping centers where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans.

Many U.S. mall owners say good riddance to Sears

15 Oct 2018

NEW YORK The real estate investment trusts that own the malls and shopping centers where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans.

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