The ICSC Blog

January 31, 2011
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Fusion Conference- See You in Hollywood!

  Join us at the Fusion Conference and negotiate a great deal during the expanded deal making hours ... collaborate with industry leaders... innovate by returning to the office with brilliant ideas coming from the Fusion Academy or from one of 12 different concurrent sessions offered. You will have the chance to: • Hear from…

January 31, 2011
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Commercial Real Estate Recovery Has Legs, PwC Poll Finds

A poll of investors, lenders, executives and other commercial real estate stakeholders conducted by accounting firm PricewaterhouseCoopers (PwC) found a generally optimistic attitude towards the industry in 2011. Of the more than 200 respondents, more than 70 percent indicated that they believe ongoing recovery in the commercial real estate industry has legs. More than half,…

January 27, 2011
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Walmart to Spend $500 Million Expanding Canadian Footprint in 2011…

Target isn’t the only U.S.-based discounter interested in Canada these days. Walmart’s Canadian division announced that it plans to spend $500 million opening 40 new supercentres and expanding, remodelling or relocating existing stores in the coming year. The expansion includes the discount chain’s first stores in the provinces of Manitoba and Quebec. Earlier this month,…

January 25, 2011
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Saving Water Like Money

Saving Water Like Money - Centers are sporting elaborate systems to catch rainwater for irrigation and other non-potable uses. By Steve McLinden All around the world now retail landlords and their tenants are getting ever more creative about conserving water; strategies include rainwater cisterns, leak sensors and smart-irrigation controls. Regency Centers’ $20 million Market at…

January 25, 2011
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J.C. Penney to close outlets, catalog division, six stores

Picture Source: http://bit.ly/eNiqY3  J.C. Penney Co. is to wind down its catalog and outlet operations, and close down underperforming stores, it announced today. The retailer also said it has taken on two new board members — activist investor William Ackman and Vornado Realty Trust Chairman Steven Roth. The chain said that over the course of…

January 24, 2011
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How Can ICSC Benefit Students?

So, how can ICSC benefit students? Well in this interview with Michael P. Kercheval, President and CEO of International Council of Shopping Centers, he speaks on how ICSC can benefit Students. ICSC’s student program now boasts more than 1,200 members from North America, Europe, Asia, South and Central America, and Australia. Students represent more than…

January 21, 2011
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Kimco’s Henry Tapped for ICSC Chairmanship

Picture Source- images.businessweek.com David B. Henry, president, vice chairman and CEO of Kimco Realty Corp., North America’s largest owner of neighborhood and community shopping centers, was nominated today to be ICSC chairman for the 2011–2012 term. Henry, an ICSC trustee, brings three decades of capital markets industry experience to the post. He was tapped by…

January 20, 2011
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Conference on Open Air Centers

Conference on Open Air Centers 9 - 11 March, 2011 - Dallas, TX Join us in Dallas for the only ICSC Conference in 2011 featuring all-Open Air formats. Here are just Five Great Reasons to sign up: 1. Access to Top Executives: Leading developers, key capital market figures and retailers such as Target, Barclay’s Capital,…

January 20, 2011
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NEWLY BRANDED CARIBBEAN CONFERENCE A SUCCESS

New York, January 20, 2011- The International Council of Shopping Centers (ICSC) Caribbean Conference was truly a success with close to 400 retail real estate professionals from around the world in attendance. This conference featured professional development opportunities, informative sessions on current industry trends led by experts in the field, tours of local shopping centers,…

January 20, 2011
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Department Store Chain Dillard’s to form REIT

image source: http://bit.ly/hKlFiO Department store chain Dillard’s plans to capitalize on its valuable real estate holdings, separating them from its retail operations and putting them into a separate real estate investment trust. The Arkansas-based retailer told the SEC it plans to form a wholly owned REIT to hold some of the 46.4 million square feet…