TOKYO - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Exclusive: Macerich in talks with Starwood for sale of four malls
NEW YORK |
NEW YORK (Reuters) - Starwood Retail Properties is in talks to buy four lower sales- generating malls from Macerich Co (MAC.N), two sources familiar with the deal said on Tuesday.
Last year, Macerich put 17 lower sales-generating malls up for sale. The four malls Starwood is interested are Rimrock Mall in Billings, Montana; Northridge Mall in Salinas, California; The Centre at Salisbury, Salisbury, Maryland; and Kitsap Mall in Silverdale, in Washington.
No contract has been signed for any of them, one of the sources said, and no price information was available.
(Reporting By Ilaina Jonas; Editing by Gary Hill)
- Tweet this
- Share this
- Digg this