Southeast Asia's biggest developer, CapitaLand, doubled its assets in the world's most populous country with the acquisition of the Chinese assets of Orient Overseas [International] for $2.2 billion. CapitaLand raised $2 billion from the November IPO of CapitaMalls Asia.
Retailers are hoping that a return to the classic holiday style -- including gingerbread houses and classic Christmas colors -- will entice shoppers this holiday season. In previous years, retailers such as Home Depot focused on trendier holiday displays, but this year they have reverted to the old-fashioned look.
ICSC's Idea Exchange, in Richmond, Va., brought together retailers and commercial real estate owners to discuss expansion opportunities after a year of retail contraction. "It's a good place to make relationships," one attendee said.
The majority of customers globally would frequent a supermarket based on its environmental policies, according to a survey. About 80% of respondents use grocery-based recycling facilities, and 66% would rather buy locally produced goods than imported products.