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San Francisco hit again as large mall owner walks away

(Reuters) -The pain is getting deeper for San Francisco as the owners of one of the biggest shopping centers in the city decided to walk away after 20 years, in the face of declining sales, occupancy and foot traffic. Unibail-Rodamco-Westfield said late on Monday it will transfer its Westfield San Francisco shopping mall to lenders. The announcement followed Park Hotels & Resorts statement last week that it ceased making payments toward a $725 million mortgage linked to its Hilton San Fra...
New York United States San Francisco Shankar Ramakrishnan Sriraj Kalluvila Thomas Lasalvia
Source: yahoo.com

San Francisco hit again as large mall owner walks away

By Granth Vanaik, Shankar Ramakrishnan and Matt Tracy (Reuters) -The pain is getting deeper for San Francisco as the owners of one of the biggest shopping centers in the city decided to walk away after 20 years, in the face of declining sales, occupancy and foot traffic. Unibail-Rodamco-Westfield said late on Monday it will transfer its Westfield San Francisco shopping mall to lenders. The
United States San Francisco New York Warren Wachsberger Granth Vanaik Sriraj Kalluvila
Source: msn.com

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Best's Market Segment Report: AM Best Maintains Stable Outlook on Italian Non-Life Insurance Segment

Bests Market Segment Report: AM Best Maintains Stable Outlook on Italian Non-Life Insurance Segment AM Best has maintained a stable market segment outlook on the Italian non-life insurance segment. Key supporting factors include a projected recovery in premium volumes following a contraction in 2020 due to the effect of the COVID-19 driven economic slowdown, the expected maintenance of strong underwriting profitability, limited exposure to catastrophe losses and resilient risk-adjusted capitali...
United Arab Emirates United States Hong Kong Mexico City Distrito Federal City Of

550 Industry Leaders Discussed Navigating Maritime Industry Transformation through Collaboration

550 Industry Leaders Discussed Navigating Maritime Industry Transformation through Collaboration The 15th Singapore Maritime Lecture, held in conjunction with Singapore Maritime Week 2021, gathered over 550 industry leaders virtually and onsite to share insights on transformational shifts in the maritime industry and the opportunities for growth through partnerships and collaborations. At the event, Mr Yee Yang Chien, CEO and President of MISC Berhad, delivered a keynote speech titled โ€˜Making...
Yee Yang Chien Teymoor Nabili Asia Pacific Simon Kuik Mei Yee Castor Initiative

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