French REIT Klepierre Reaches Agreement to Buy Dutch Firm Corio

July 30, 2014 · reit.com

French shopping center REIT Klepierre S.A. (Euronext Paris: LI) announced July 29 that it plans to purchase Dutch retail property company Corio NV (Euronext Amsterdam: CORA) in a transaction valued at $9.7 billion.

The combined property portfolio of the two companies would encompass 182 shopping centers across 16 European nations with a pro-forma gross asset value of more than $28 billion. The companies generated a combined net rental income of more than $1.6 billion in 2013.

Brick-and-Mortar Stores to Remain Cornerstone of Retail, Study Shows

July 24, 2014 · reit.com

Brick-and-mortar stores continue to be customers’ preferred shopping channel, and are crucial in generating online sales for retailers, according to a new study by global management consulting firm A.T. Kearney.

According to A.T. Kearney analysis, 90 percent of all U.S. retail sales in 2013 were transacted in stores, and 95 percent of sales were accounted for by retailers with a brick-and-mortar presence.

Viewpoint: Choosing the Right Way to Invest in Brazilian Real Estate

July 18, 2014 · reit.com
Brazil

One of the first issues faced by foreign investors in the Brazilian real estate market is choosing to invest through the so-called Fundo de Investimento Imobiliário (FII) or through a Fundo de Investimento em Participações (FIP). The immediate question: What are the differences between the two?