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Mall Owner

All articles tagged with #mall owner

business2 years ago•1 min saved

PREIT, Owner of Fashion District and Cherry Hill Mall, Files for Bankruptcy Again

Pennsylvania Real Estate Investment Trust (PREIT) has filed for bankruptcy for the second time in three years, as the retail industry continues to struggle. PREIT, a mall owner, sought protection in insolvency court, highlighting the ongoing challenges faced by the sector.

via Bloomberg|

#bankruptcy #business #jc-penney

business3 years ago•0 min saved

"From Doubt to Confidence: Mall Owner's Bold Investment in America's Luxury Shopping Centers"

The European owner of Westfield malls is reversing its plan to sell most of its properties and exit the U.S. market, signaling confidence in the high-end mall business.

via The Wall Street Journal|

#business #confidence #european-owner