Commercial property

In Japan, the Tokyu Plaza Ginza mall in Tokyo has been acquired in early February for US$1 billion by Gaw Capital and Patience Capital. Meanwhile, JLL reports that commercial property investment...

On February 14, 2025, Dubai-based property developer Emaar Properties (owner of office assets such as the Burj Khalifa, shopping malls, luxury hotels, etc.) announced a 33% increase in turnover in...

On February 7, Liberated Brands (2022 revenue : US$422 million, up by 21%, with no new figures since) began closing 122 stores across the U.S.A. following a bankruptcy filing on February, 2. The...

Just a day apart, URW and Klepierre, Europe’s two leading shopping centre operators, released robust annual results. For URW, the advertising business accounted for more than 50% of net margin in...

On January 31, discount chain La Foir’fouille (steady 2023 sales at €815 million, target of €830 million for 2024) announced an African expansion via a master franchise agreement...

On January 7, 2025, Majid Al Futtaim (2023 sales : US$9.4 billion, up 1.1%, after 12% in 2022) began replacing the Carrefour brand with the HyperMax brand in Oman. The new HyperMax store brand...

While speeding up debt reduction, the property company sees retail media as a strategic asset. Two years after the creation of a dedicated advertising network called Westfield Rise, due to...

In 2024, the U.K. reported 13,479 store closures, an increase of 28% in a year, according to the Centre for Retail Research (CRR). These included Boots, Shoe Zone, Homebase and others. While 56%...

SM Prime Holdings, the Philippine commercial property giant, is continuing to expand. With 5 openings planned for 2025 – 3 in the Philippines in Laoag, La Union and Zamboanga, and 2 in China...

According to Savills’ October 2024 report, retail rents for ground floor stores in Tokyo fell by 3.5% in the 6 months to the end of June 2024. This fall in rental values is explained by the...

On October 8, 2024, in Saudi Arabia, mall developer Cenomi Centres (66 million visitors in H1 2024, 92.5% occupancy rate) joined forces with investment fund GIB Capital (a branch of Gulf...