The owner of the Westfield Oakridge shopping center has struck a deal to sell the south San Jose regional mall, a deal that's part of a years-long strategy to slash the company's U.S. mall holdings.
Jonathan Kownator from Goldman Sachs retains his negative opinion on the stock with a Sell rating. The target price is reviewed upwards from EUR 50.50 to EUR 53.70.
Jonathan Kownator from Goldman Sachs retains his positive opinion on the stock with a Buy rating. The target price differs slightly and is now set at EUR 36.40 versus EUR 36.70.
Real estate stocks remain in demand on Tuesday. The pan-European sector index Stoxx Europe 600 Real Estate climbed to another recovery high since March of this year. After being down 15 percent for.
Aroundtown subsidiary Grand City Properties increased its rental income in the first nine months of the year thanks to strong demand for residential space. However, higher financing costs weighed on.