South African developer Prosperito expects to open Rosehill Mall, in Port Alfred, South Africa, in three months. The development will include Woolworths, several major clothing retailers, and a movie theater and gym.
LaSalle Investment Management has raised $3 billion for LaSalle Asia Opportunity Fund III. The company's latest real estate fund will focus on investing in Japan, Korea, Hong Kong, Singapore and China.
Target will open four pop-up stores in New York City next week to spotlight fall merchandise by its apparel and accessories designers. Merchandise from three of the designers will be sold in New York a month before a national launch.