US holiday sales up, but not at malls

The shopping volume during the US holiday season registered an overall growth of 2.4 percent during 31 October 2015 to 4 January 2016. However, physical sales at malls were not equally rosy as online sales rose 4.6 percent. It's estimated that restaurants and travel segments recorded good business this holiday season as US consumers prefer to spend more.

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Dubai's Emaar looks to raise $1.58 billion from malls unit's IPO

Dubai's Emaar Properties is seeking to raise as much as 5.8 billion dirhams ($1.58 billion) from an initial public offer of shares in its shopping malls unit that is expected to be the Gulf's biggest stock sale since 2008.

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Simon Property Group spins strip center unit to a REIT

US operator of shopping malls Simon Property Group announced its proposed spin-off of its cluster portfolio of its strip centers and malls as a REIT on Friday.

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Al Meera, the Qatari retailer, formalizes agreement for construction of malls in Qatar

Al Meera would be working with Al Muftah and Al Aliaa to construct malls in Qatar.

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