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PLTA is proud to offer The Wall Street Journal Commercial Real Estate News Feed for visitors

The Wall Street Journal is one of the world's most trusted publishers of accurate financial news and business information in all media formats, including newspapers, newswires, databases and websites,  radio, TV/video and other multimedia programming. Dow Jones enriches the lives of millions worldwide as well as informs the decisions of corporate executives and professionals.



Brexit Vote Roils Real-Estate MarketsOpen in a New Window

Investors are dumping property shares in Britain and developers are reassessing projects following the U.K. vote to leave the EU.


Chinese Buyers Look Again at U.K. PropertyOpen in a New Window

As turmoil continues to grip U.K. markets, some in China are beginning to eye British property for potential bargains.


GIC in Talks to Buy Owner of Manufactured-Home CommunitiesOpen in a New Window

Singapore sovereign-wealth fund GIC is negotiating to acquire Denver-based Yes Communities, an owner of manufactured-housing communities, in a deal valuing Yes at more than $2 billion.


Classic Waldorf Hotel to Be Gutted, Up to 1,100 Rooms Turned Into CondosOpen in a New Window

The Chinese acquirer of New York’s Waldorf Astoria is finalizing plans for an extensive overhaul that would shut the landmark hotel for up to three years and convert as many as three-quarters of its rooms into private apartments.


Appetite for Casual Restaurants Grows Among City Building OwnersOpen in a New Window

As fast-casual restaurants, juice shops and gourmet coffee bars have been expanding their presence in Manhattan, they are finding a receptive audience not only among consumers but also building owners.


A New Generation Takes the Helm at the William Kaufman OrganizationOpen in a New Window

After Robert Kaufman died earlier this year, his grandson, Jonathan Iger, took sole control of one of New York’s real estate dynasties.


Trump No-Show Earns City's Ire in Bench BattleOpen in a New Window

New York City officials fined Donald Trump $10,000 after his representatives failed to show up at a hearing to explain why a bench remained missing from the Trump Tower lobby.


Rising Supply Pressures Urban Rental BoomOpen in a New Window

After a five-year boom in which rents have jumped by about 20% nationwide, some of the nation’s biggest cities—New York, San Francisco, Seattle and Boston among them—are beginning to see slower increases.


IKEA Plans Upgrades, Expansion in RussiaOpen in a New Window

IKEA Centers Russia plans to invest about $2.1 billion to redevelop its portfolio of 14 properties in the country anchored by the namesake furniture retailer.


REIT Sector Gets Lower Marks on Pay PlansOpen in a New Window

The real-estate investment trust industry, which has gotten high marks in recent years for adopting compensation programs that investors like, has suffered a bit of slippage in 2016.


U.K. Property Market Braced for BrexitOpen in a New Window

If Britons vote to leave the European Union on Thursday, real-estate prices—from homes to London office towers—are expected to drop, but a weaker pound could spur a buying spree among foreign investors.


Rudin Family's New Firm Offers Tech to Run BuildingsOpen in a New Window

The Rudin family has launched a company called Prescriptive Data that offers an operating system designed to be a building’s “brain.”


Online Retail Gives Industrial REITs a LiftOpen in a New Window

Investors in recent years have been ho-hum about online shopping’s potential as a growth engine for companies that own warehouses and distribution centers. Now Wall Street is giving that a rethink.


Hong Kong Builders Embrace Art, DesignOpen in a New Window

Real-estate developers are seeking more flair to differentiate themselves in a crowded market.


Airbnb Will Collect Hotel Tax for Hosts in ConnecticutOpen in a New Window

Airbnb has reached an agreement with Connecticut to collect hotel taxes on behalf of people who rent their homes using the short-term rental business.


Malls Embrace High-Tech to Entice ShoppersOpen in a New Window

Some mall landlords are pouring money into technology, investing in mapping functions to help shoppers find parking spaces and navigate mall corridors.


Missing From Trump's New Hotels: the Family NameOpen in a New Window

Donald Trump has put his name on everything from bottled water and fragrances to airlines and vineyards—but don’t look for it on his new chain of hotels.


Wyndham Unveils Major Rebranding Plans for Its Hotel ChainsOpen in a New Window

Wyndham Hotel Group is expected to announce new marketing campaigns and decorating schemes on Wednesday for its brands, including Super 8 and Travelodge, to fine-tune each chain’s identity.


Real-Estate Magnate Faces Criticism on Proposed DealOpen in a New Window

Nicholas Schorsch, whose real-estate empire was rocked by an accounting scandal two years ago, has come under fire from an independent director who resigned from one of the companies Mr. Schorsch manages.


Countrywide PLC Offers Fixed-Rate Online ServiceOpen in a New Window

Countrywide PLC said it is launching a new fixed-rate online service as a response to the growing customer demand of managing the process of buying or selling a home at a smaller cost.


IRS Shuts Down Remaining Channels for REIT SpinoffsOpen in a New Window

The IRS shut down an apparent gap in a tax law that otherwise could have allowed companies across industries to continue spinning off their property holdings into tax-advantaged real-estate investment trusts.


Builder Riles Up Unions Amid Push Into NYC MarketOpen in a New Window

Gilbane Building, which has been making a big push into the New York City market, has become a lightning rod for construction workers battling to maintain the city’s status as one of the nation’s last union bastions.


Pacific-Rim Property Firms Hurt by Slowdown in China GrowthOpen in a New Window

China’s receding growth rate is taking its toll on listed real-estate companies throughout the Pacific Rim region.


Investors and Japanese REITS: A Love StoryOpen in a New Window

Japanese REITs have been a bright spot in Asia this year, helped by strength in the country’s real-estate market, negative interest rates, and direct buying by the Bank of Japan.


China's Real-Estate Firms Rush to Tap Capital MarketsOpen in a New Window

China’s economy may be cooling, but its real-estate companies are fueling a debt-and-equity underwriting boom.


Dalian Wanda Raises Buyout Offer for Property ArmOpen in a New Window

Chinese property-and-entertainment conglomerate Dalian Wanda Group boosted its buyout offer for its $4 billion-plus Hong Kong-listed commercial property unit, calling the raised bid its best offer.


New York REIT, JBG Cos. Agree to MergeOpen in a New Window

New York REIT Inc. and JBG Cos. have agreed to merge, forming an $8.4 billion real estate trust focused on the New York City and Washington, D.C., markets.


Beth Israel to Close Hospital, Open Smaller FacilityOpen in a New Window

Downsizing is part of a $550 million plan to respond to changes in health care that the New York City property’s owner says has led to a decline in hospitalizations.


Soho Project Gets FinancingOpen in a New Window

Joint venture of Madison Capital and Vornado Realty Trust is moving ahead on the construction of a six-story, mixed-use building.


An Oceanfront Home With Room ServiceOpen in a New Window

The owners of Gurney’s Montauk Resort owners are offering 15 oceanfront homes at prices from nearly $5 million to $12 million. All offer hotel amenities.


One of Honolulu's Last Big Coastal Plots Gets DevelopedOpen in a New Window

Howard Hughes Corp. is redeveloping 60 acres between downtown Honolulu and Waikiki, with plans to transform a low-density shopping and industrial area to residential and park space with potentially more than 20 towers.


Property Debt Mounts Up in U.K.Open in a New Window

A rise in U.K. commercial real-estate lending last year has pushed the total amount of outstanding property debt higher for the first time since 2008.


The Next Big Housing Short: a $6.5 Billion Bet Against Australia's BanksOpen in a New Window

The funds are placing a large number of ‘short’ wagers on Australia’s biggest banks, among the world’s most profitable, suggesting the lenders might be headed for trouble.


Bahrain Fund Buys Stake in U.S. Office BuildingsOpen in a New Window

The sovereign-wealth fund of Bahrain on Thursday bought a 49% stake in a portfolio of seven office buildings spread between Phoenix and Dallas.


Port Authority to Pay $12.3 Million to World Trade Center ContractorOpen in a New Window

The Port Authority of New York and New Jersey has reached a deal to end an $87 million payment dispute with a Canadian construction firm that helped build One World Trade Center.


In Midtown, a Changing of the SeasonsOpen in a New Window

The Four Seasons is preparing to end its half-century run in Manhattan’s Seagram Building by mid-July, but its co-owners aren’t done with the restaurant business just yet.


Architect Richard Meier Changes His Palette for New TowerOpen in a New Window

Architect Richard Meier, known for his buildings in a narrow spectrum between radiant pearl and creamy beige, has designed a residential tower now under construction on Manhattan’s East Side that is white.


Deal to Put Towers in Brooklyn Bridge Park Is Set BackOpen in a New Window

State officials, citing potential conflicts linked to various investigations of Mayor Bill de Blasio, blocked a deal on a long-delayed plan to put up two apartment towers inside Brooklyn Bridge Park.


Taiwan: The World's Geniuses of Garbage DisposalOpen in a New Window

How the island, with landfills not far from capacity, became one of the world-wide leaders in recycling.


Now for Sale in Chicago: Prime Catholic Church Real EstateOpen in a New Window

The Catholic Archdiocese of Chicago has tapped an adviser to sell a prime site across the street from its 140-year-old Holy Name Cathedral in a deal that could be worth as much as $100 million.


Real-Estate Lawsuits Surge in ChinaOpen in a New Window

The slumping property markets in many Chinese cities are generating one kind of boom: in legal disputes.


Brooklyn Brewery Taps Navy Yard for ExpansionOpen in a New Window

Brooklyn Brewery has cut a deal to move its headquarters to the Brooklyn Navy Yard, where it will lease 75,000 square feet.


Malaysian Leader Najib's Stepson Allegedly Funded U.S. Property Deals With 1MDB MoneyOpen in a New Window

At least $50 million allegedly diverted from a state investment fund in Malaysia was spent on luxury properties in New York and Los Angeles by the stepson of the Malaysian prime minister.


U.K. Plans Public Register of Property OwnersOpen in a New Window

Prime Minister David Cameron said the U.K. is creating a public register showing the true owners of property and companies in the nation and urged other nations to do the same.


London Office Construction Reaches New Highs Despite Brexit UncertaintyOpen in a New Window

Work started on 51 new office buildings in London from October to March, according to Deloitte LLP, more than in any six-month period in past 20 years.


Luxury Condo Boom Is Ending in ManhattanOpen in a New Window

Demand in Manhattan’s super-high-end condo market has dried up amid global economic jitters, just as the market has been flooded with supply.


Mall Landlords Go for Novelty in ChinaOpen in a New Window

Chinese landlords are trying a variety of strategies to combat oversupply and declining foot traffic in the country’s malls.


Soft Power: China Backs Egypt's New $45 Billion CapitalOpen in a New Window

An alliance to build a new capital for Egypt between Egyptian authorities and a major Chinese state-owned developer shows how Chinese businesses are taking advantage of opportunities created in emerging markets.


Egypt Tries to Fix Its Housing ShortageOpen in a New Window

Egypt’s housing ministry is taking steps to solve its housing shortage by offering more than 500,000 state-subsidized units for low-income people. The success of the program would mean achieving what previous governments failed to do.


Domestic Investors Pour Money Into Egypt's Property MarketOpen in a New Window

Egypt’s real-estate market is flourishing, thanks to many Egyptians who believe that property is their safest investment option.


Egypt Hopes for Hotel Market RevivalOpen in a New Window

New hotel openings have become increasingly scarce in Egypt since 2011 after the so-called Arab Spring. But the Ritz-Carlton is one of a few hotel companies that is forging ahead in the country despite the tourism slump.


Alphabet Harbors Plan to Build 'Smart' CitiesOpen in a New Window

Google parent Alphabet has legions of Web developers. Soon it might be in need of real-estate developers as it plans to delve into an ambitious new arena: city building.


Russian Property Mogul Sets His Sights on MiamiOpen in a New Window

Billionaire Vladislav Doronin has more than 70 real-estate developments or projects in the works in his native Russia. Now he’s turning his sights on the U.S., starting with a Miami luxury condo with his partner Italian fashion house Missoni.


Manhattan's Auto Row Is Attracting Office DevelopersOpen in a New Window

A $100 million project on Manhattan’s Auto Row that has billionaire William Ackman as an investor shows how a stretch on the far West Side is turning the corner from industrial hinterland to office magnet.


MoMA Announces $100 Million Gift From David GeffenOpen in a New Window

Entertainment mogul David Geffen donated $100 million to the Museum of Modern Art to renovate and expand its Midtown campus.


Upscale Shopping Centers Nudge Out Down-Market MallsOpen in a New Window

Retailers are abandoning a decades-old strategy of growing sales by blanketing cities with stores, as consumers shop more online. Their shifting habits have prompted chains to close stores in secondary malls.


Second-Tier Malls Have Their FansOpen in a New Window

A diverse group of investors, including a U.S. hedge fund, a Canadian alternative asset manager and an evangelical Christian university led by Jerry Falwell Jr., are making big bets on beaten-down shopping centers.


Singapore Struggles With Glut of Office SpaceOpen in a New Window

Singapore’s busy skyline is getting more crowded as the supply of office space surges, driving prices lower as developers scramble to attract a dwindling number of prospective tenants.


Australian Banks Tighten Mortgage-Lending Requirements for ForeignersOpen in a New Window

Australian lenders, who have enjoyed years of relatively low levels of bad debts, are losing their appetite for risk as the country’s red-hot housing market shows signs of slowing and stresses mount for resources companies.


A Cautionary Wind Is Felt in San Francisco's Office BoomOpen in a New Window

The tech boom has vaulted the San Francisco office market to become the hottest in the U.S. But behind this strength is a market packed with big bets on growth—risky wagers that could prove painful should the historically turbulent tech industry retrench.


Senate Panel to Revisit Debate Over Visa ProgramOpen in a New Window

Lawmakers in Congress are gearing up for a new round of fighting over who should benefit from a federal program, known as EB-5, that offers green cards to certain foreign investors.


Brixmor Property Appoints New CEOOpen in a New Window

Brixmor Property Group has named the chief financial officer of a rival real-estate firm as its new CEO, two months after the company said its financial results had been manipulated and top officials had stepped down.
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