Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.
Category: Real Estate (Commercial)
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The Return for These Investors Isn’t Money, It’s More Affordable Housing
Local governments are trying to create housing that is permanently affordable by investing directly in construction. They are rewriting how housing programs have traditionally operated.
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New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan
The Country Club Plaza’s sale and turnaround plans come at a consequential economic time for Kansas City, Mo., which will soon lose the Chiefs football team.
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After Wooing Trump With Deals, Pakistan Gets a Seat at the Table
Steve Witkoff, a diplomatic envoy, used the Board of Peace to announce an agreement that could raze a Pakistan-owned Manhattan hotel. Now the country is involved in negotiating peace talks with Iran.
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A Film Studio Moved to Montana for Tax Breaks. Will It Benefit the Locals?
Story House arrived in Missoula last year with big plans for a movie and television campus that would create hundreds of jobs and build a filmmaking ecosystem.
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Not All Malls Are Struggling
A certain type of shopping mall has become a surprising bright spot for real estate investors.
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After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores
Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy.
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It’s a Grocery Store, but Selling Food Isn’t the Point
Happier Grocery in New York is an entry point for people seeking a community built on inside knowledge. It’s not the only high-end grocer doing this.
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As Office Rents Rise, Doctors Get Creative
Physicians with independent practices are having to cobble together unconventional office arrangements at a time of rising costs and consolidation in the medical field.
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Why Sears’s Last Great Hope Was a Promise That Never Materialized
Only five Sears stores remain in the country, with the end likely near for what was once the mightiest American retailer.
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China Vanke Gets Temporary Lifeline to Prevent Debt Default
Bondholders for one of China’s biggest real estate developers extended a grace period to negotiate a delayed repayment of a $285 million bond.