More bright spots emerge for global retail

07/29/2013 | Age (Melbourne, Australia), The

The global retail market is still struggling to regain lost ground with retail landlords such as Westfield expected to report lower rents and owners of suburban properties expected to hand in weak performance. There are bright spots, though, such as the proposed public floats of Pacific Retail REIT and Brixmor Property Group. Also, retail acquisitions appear to be steady.

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Age (Melbourne, Australia), The

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