real estate

Overstock Entering The Real Estate Business

In another departure from its original retail operation, is entering the real estate business with its launch of a newly remodeled property management site, Houserie.

Hudson’s Bay Forms Strategic Partnership With WeWork

Hudson’s Bay is aiming to reshape its retailing business. The company has formed a series of transactions with WeWork Companies, Rhône Capital and an affiliate of WeWork Property Advisors, a joint venture between WeWork and Rhône, which it said will create a multi-faceted strategic relationship designed to maximize the value of its global real estate assets and position its retail businesses.

Macy’s Sells Five Store Locations

Macy’s has sold five stores to General Growth Properties. The sale is part of the retailer’s previously-announced plan to drive profitable growth by reallocating investments to its highest growth potential stores and digital businesses, and to capitalize on opportunities within the company’s real estate portfolio.

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