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Why Some Malls Thrive While Others Lag Behind
Friday, April 5, 2013 - 7:48am | 564It’s a tale of two types of malls. One, a neighborhood strip mall, typically anchored by a grocery or drugstore. The other, a large regional shopping center, anchored by several large retailers like Sears (NASDAQ: SHLD), J.C. Penney (NYSE: JCP), and Macy’s (NYSE: M) with smaller specialty...
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J.P. Morgan Updates Model For General Growth Properties
Tuesday, March 29, 2011 - 7:07am | 77According to J.P. Morgan, General Growth Properties' (NYSE: GGP) post 4Q model is updated. J.P. Morgan reported that it is publishing its updated model and estimates for GGP after the company's 4Q 2010 earnings report. “In terms of estimates, we are only slightly changing our 2011 and 2012 FFO/...
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Another General Growth Suitor Emerges (SPG) (BAM)
Thursday, February 25, 2010 - 12:31am | 113Another possible suitor has emerged in the bidding for General Growth Properties Inc., which filed for bankruptcy in April last year. Citing an unnamed source, the Wall Street Journal reports that Australia based Westfield Group, which owns malls throughout the U.S., the U.K., Australia and New...
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Simon Property Group (SPG) Criticizes General Growth
Friday, February 19, 2010 - 9:30pm | 138Simon Property Group, Inc. (NYSE: SPG) Chief Executive David Simon sent a letter to General Growth Properties Inc.'s Chief Executive Adam Merz, related to General Growth's reaction to a $10 billion takeover bid from Simon Property Group. General Growth Properties wants Simon Property Group to sign...
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Simon Property Group (SPG) Bids $10 Billion For Bankrupt REIT
Tuesday, February 16, 2010 - 9:50am | 84Simon Property Group Inc. (NYSE: SPG) announced on Tuesday that it was making an offer to buy troubled General Growth Properties Inc. (OTC: GGWPQ ). General Growth Properties Inc. is a real estate investment trust that filed for bankruptcy protection last year. Simon Property Group said the deal is...