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Malls News

Emaar Malls Group highlights global mall development portfolio at MAPIC (AME Info)

Emaar Malls Group, the shopping malls subsidiary of global property developer Emaar Properties, is showcasing its global mall development portfolio at the MAPIC retail real estate expo to be held from November 19 to 21 in Cannes, France.

Westfield?s Lowy Says Malls Will Survive Recession (Update1) (Bloomberg)

?If you can husband your resources to the economy you?re operating in, you?ll come out the other side,? he said. ?I don?t think any of us are arguing that every REIT out there will survive.?

Web Retailers Are Waging Seasonal Price Wars (New York Times)

As deserted malls and department stores struggle to court cash-short consumers with steep discounts, a similar and even more ferocious price war is being waged online.

Web Retailers Are Waging Seasonal Price Wars (New York Times)

As deserted malls and department stores struggle to court cash-short consumers with steep discounts, an even more ferocious price war is being waged online.

SM Prime opening more China malls in three years (Manila Standard Today)

SM Prime Holdings Inc., the country?s leading shopping mall operator and developer, will open three malls in China in the next three years. SM Prime executive vice president and chief finance officer Jeffrey Lim told reporters that SM Prime would open a mall next year in Suzhou near Shanghai.

Co-owner of Colonie Center selling malls (BizJournals)

The co-owner of Colonie Center wants to sell three other malls to shore up its sinking finances.

SPD tightens watch on Baclaran malls, establishments (GMA News)

MANILA, Philippines - With the Christmas shopping season about to peak, police in southern Metro Manila have tightened their watch on Baclaran and the business districts in Makati and Taguig Cities.

Owner of 7 malls in Washington faces possible bankruptcy (Seattle Post-Intelligencer)

A Chicago company that owns seven mall properties in Washington state is facing financial trouble and possibly bankruptcy, but the shopping centers will continue to operate as usual.

Malls Parent Company Could Seek Bankruptcy Protection (KTAL Shreveport)

The parent company of two local malls could soon be counting its losses. General Growth Properties, Incorporated could seek bankruptcy protection. Pierre Bossier Mall and Mall Saint Vincent are two of hundreds of shopping centers owned by the company.

BR MALLS PARTICIPACOES Announces Share Buyback Program (PR Newswire via Yahoo! Finance)

BR MALLS PARTICIPACOES S.A. announces to its shareholders and the market in general that its Board of Directors in a meeting held on November 17, 2008, based on the current price level of Company shares in the market, approved the Company share buyback program by means of its subsidiary Ecisa Participacoes Ltda, according to the following conditions:

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