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January 28, 2013

  Top Story 
 
  • U.K., Germany receiving most of European real estate investor interest
    London is receiving more global real estate capital investment than New York, Tokyo and Moscow combined, according to comments made by Joseph Kelly, director of market analysis at Real Capital Analytics, at the ICSC-Thomson Reuters Global Retail Real Estate Forum in London. Another popular market in Europe is Germany, according to Robert Bonwell, CEO of EMEA retail at Jones Lang LaSalle. The U.K. and Germany are receiving the majority of investment funds in Europe. SCT Newswire (1/25) Email this Story
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  Industry Tracker 
 
  • Eminent domain fight at D.C.'s Skyland nearing end
    The planned redevelopment of Skyland Shopping Center in the District of Columbia has come at a price -- city officials spent at least $1 million in legal costs on its use of eminent domain to force out business owners that did not want to sell. The city is within weeks of having control over all the necessary parcels at Skyland. The Washington Post (1/28) Email this Story
Auction.com to auction $20+ MM in Retail Properties
Auction.com, the Nation's Leading Online Real Estate Marketplace, are pleased to auction 12 retail properties nationwide. This auction will take place February 12 thru 14 on auction.com. See More info about the auction.
  Retail News 
  • Detroit-area Target stores will get larger grocery section
    Nine Target stores in the Detroit area are being remodeled to include a larger grocery section, which includes fresh food. "It's about convenience, saving time, getting more things done with just one stop," said Annette Miller, senior vice president of grocery. The retailer has been adding or expanding grocery sections nationwide. Detroit Free Press (1/27) Email this Story
  • Study: Shoppers are turning to retail apps more often
    Consumers spent more than 500% more time using retailers' mobile applications in December than they spent in the same month in 2011, according to analytics provider Flurry. Apps from retailers including Wal-Mart, Target, Macy's and Saks saw the biggest jump in usage and comprised the largest share of overall app use in the month, the survey found. TechCrunch (1/25) Email this Story
  • Kmart tops Lampert's priority list
    Kmart is working to combat declining same-store sales as sister chain Sears starts to see improvements, a challenge for investor Edward Lampert as he takes on the CEO role. Lampert acquired Kmart in 2003, combining it with Sears two years later in a $12.3 billion deal. The Wall Street Journal (1/24) Email this Story
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  News from ICSC 
  • ICSC University of Shopping Centers
    The ICSC University of Shopping Centers is the most complete retail real estate educational program available. Held on the campus of the Wharton School of the University of Pennsylvania in Philadelphia March 4 to 6, 2013, this is the largest annual educational event offered by the ICSC. A distinguished faculty of over 80 industry leaders and experienced practitioners, including a cadre of distinguished Wharton School Professors. Courses in three levels of study: Executive, Advanced, and Fundamental. Numerous networking opportunities. Sixty courses in subjects including Asset Management, Property Management; General Studies; Marketing; Leasing; Development, Design and Construction; Law; Finance; Retailing. Real-world examples and practical solutions make this a must-attend event.

    Participants can personalize their University experience. Attend as few as one class or as many as six. Attend any six courses for as little as $140 per class. For more information, go to www.icsc.org/2013UV or contact ICSC's Madison Gross at (646) 728-3461 or mgross@icsc.org. Email this Story
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  SmartQuote 
There's much to be said for challenging fate instead of ducking behind it."
--Diana Trilling,
American literary critic and author


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