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Stock Market & Financial Investment News

News Breaks
February 5, 2013
08:15 EDTRPAI, MAC, GGP, EQY, SPGOnline threat to malls pushing retail properties out of CMBS, FT says
The proportion of retail properties being put into commercial mortgage-backed securities, or CMBS, has slumped in recent years as the threat of online shopping and tougher competition has led some forecasters to call for up to 15% of U.S. regional malls to close over the next five years, according to Financial Times. Real estate investment trusts that invest in malls include Simon Property Group (SPG), General Growth Properties (GGP), Macerich (MAC), Retail Properties of America (RPAI) and Equity One (EQY). Reference Link
News For SPG;GGP;RPAI;EQY;MAC From The Last 14 Days
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August 27, 2015
09:03 EDTRPAIRetail Properties of America signs two new leases at Texas' Gateway Plaza
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August 26, 2015
08:03 EDTGGPGeneral Growth increases share repurchase program by $500M
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August 25, 2015
09:03 EDTSPGSimon announces plan to build Hartford Premium Outlets
Simon announced it submitted earlier this month an Application for Rezoning with the Town of Windsor Locks Planning and Zoning Commission, beginning its development activities on Hartford Premium Outlets. Hartford Premium Outlets will be located near the intersection of Route 20 and I-91 on Old Country Road. Phase One of the value shopping landmark will consist of 350,000 square feet of retail space, a Market Hall complete with a variety of dining options, and two notable restaurants on the property's perimeter. The architectural style of the center will be inspired by Classic Colonial and Connecticut rural architecture, so that the village-like setting will be reminiscent of a Windsor Locks community. Visitors will find numerous pedestrian promenades which will include fountains, art, a children's play area, and an outdoor fireplace. The project is anticipated to begin construction in fall 2016 with a Grand Opening to occur 13 months after construction start.
August 20, 2015
10:00 EDTGGPOn The Fly: Analyst Upgrade Summary
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06:34 EDTGGPGeneral Growth upgraded to Outperform from Neutral at Credit Suisse
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