Owners head for the exit at $1.8b Pacific Fair mall
Save
Share
Preparations are under way for a potential full sell-down of one of the Gold Coastâs best-known shopping centres, the $1.8 billion Pacific Fair, in what could become the biggest single deal yet in the retail real estate sector.
While the mooted sale is being pursued through two separate processes, the overall divestment carries significant implications for the broader sector, for shopping mall owners and their investors. It will set the first benchmark price through sale for a major mall following the pandemic disruption of the past 18 months.
Pacific Fair shopping centre on the Gold Coast underwent a major redevelopment in 2016.Â
Oilsands developers made a collective vow on Wednesday to achieve net-zero greenhouse gas (GHG) emissions by 2050, without sacrificing thermal production
TORONTO - Canadian companies on the hunt for new leaders to fill their C-Suite or senior ranks during the COVID-19 pandemic are experiencing longer search times and more intense negotiations, corporate governance and hiring experts say.
Exec recruitment taking more time and negotiations amid COVID-19: experts - Medicine Hat NewsMedicine Hat News medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.