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A Mall Owner’s About-Face: Bet on America’s High-End Malls
Business

A Mall Owner’s About-Face: Bet on America’s High-End Malls

Updated Sept. 12, 2023 12:16 am ET Listen to article (2 minutes) The European owner of Westfield malls is pulling back from its aggressive plan

Prologis Boosts Outlook on Record Quarterly Earnings
Business

Prologis Boosts Outlook on Record Quarterly Earnings

The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters. Source link

Amazon's Slowdown Has Yet to Pinch Its Landlord
Finances

Amazon's Slowdown Has Yet to Pinch Its Landlord

Warehouse giant Prologis said rents continued to rise in the first quarter, as U.S. consumers keep spending money online. Source link

Houston Apartment Owner Loses 3,200 Units to Foreclosure
Business

Houston Apartment Owner Loses 3,200 Units to Foreclosure

The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link

Big Hospital Property Owner Expects Earnings Hit
Finances

Big Hospital Property Owner Expects Earnings Hit

Medical Properties Trust expects to take a roughly $300 million charge tied to a deal involving some of its holdings. Source link

Housing Is Turning Out to Be a Lousy Shelter for Investors
Finances

Housing Is Turning Out to Be a Lousy Shelter for Investors

Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. Source link

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Business

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal

Markets Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Finances

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal

WSJ News Exclusive Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link