Wall Street Journal:
LONDON (MarketWatch) -- Property developer Land Securities said Thursday that it will sell its Land Securities Trillium outsourcing operations to Telereal. The sale does not include the firm's Accor hotel portfolio and is expected to complete on Jan. 12. "The cash proceeds will strengthen our balance sheet in the current m (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) -- U.S. financial stocks fell for a second straight session as real estate investment trusts bore the brunt of selling, but losses accumulated across the board. Real estate companies' shares fell as continuing high joblessness and weak retail sale results pressured operators. ProLogis , a REIT that (Read More)
National Commercial Real Estate News From CoStar Group:
Updated 6:33 PM ET | Sensing an opportunity to secure new federal investments in sustainability, commercial real estate trade groups and environmental organizations are petitioning President-elect Barack Obama for billions of dollars in economic recovery... (Read More)
Wall Street Journal:
The investment fund run by Ron Burkle, who made a fortune investing in supermarkets, hopes to find another payoff in Whole Foods Market, the high-priced organic grocery chain that has fallen on hard times.
. (Read More)
Wall Street Journal:
The investment fund run by Ron Burkle, who made a fortune investing in supermarkets, hopes to find another payoff in Whole Foods Market, the high-priced organic grocery chain that has fallen on hard times.
. (Read More)