MERCI

commercialrealestate | October 09, 2019

ASX-listed Elanor Retail Property Fund has opted to divest a $130 million portfolio of smaller malls after completing a strategic review of its portfolio. The review divided the listed trust’s overall holdings into a $202.8 million two-asset “value-add” portfolio and a $129.2 million group of five malls designated its “income assets”. The fund will embark on a sell-down of the so-called “income assets” before the end of this year and will recycle the pro...

POS Retail

PRnewswire | June 28, 2023

Trovata, the global leader in bank APIs and cash management, today announced an expanded working relationship with PNC Treasury Management to provide joint customers with integrated payment processing capabilities. The newly enhanced relationship enables PNC's and Trovata's business clients to make transfers and send payments via ACH, wire and RTP®, using API integrations, thus eliminating the need for a third-party intermediary. Powered by Trovata's new API-base...

commercialobserver | June 03, 2019

The RealReal will be relocating from Century City to Exposition Place 3317-3325 in the Exposition Place District of Los Angeles, according to a release from Newmark Knight Frank, which represented both parties in the transaction that closed last week. The luxury online consignment company will be pulling up stakes from 1901 Avenue of the Stars and occupying the entire 29,690-square-foot creative office conversion by September. The upcoming relocation is part of larger moves by the resale e...

fxstreet | January 16, 2020

Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...