Category: Business News

A $15.8 Billion Acquisition: Unibail-Rodamco acquires Westfield

As more people shift to the convenience of online shopping, the dent made to brick-and-mortar stores gets significantly larger. The latest news in this developing saga of online shopping versus retail stores is Westfield’s sale to Unibail-Rodamco SE for $15.8 billion. A Lowy-owned company for decades, Westfield has grown its portfolio of properties all over the United States, UK, and Europe and the new partnership will Unibail is one of the largest commercial real estate deals in history. Read More

DC Real Estate Developers Involved in Government Construction

DC real estate developers involved in government construction undergo strict guidelines before being allowed to participate in a government contract. Real estate companies in DC bid on jobs to renovate or construct government facilities. Applicants are screened, placed through background checks and must be insured and bonded. Real estate companies also build under strict building Read More

Building a better Washington D.C · One development at a time

It’s no secret that there has been a boom in the real estate development industry in Washington, DC. Of course this means that real estate developers are understandably very busy managing this change. There are riverfront communities, old neighborhoods being redeveloped and numerous new construction projects being developed across the region. This of course helps Read More

Facebook Adds Camera Features, Moving Closer to Snapchat

Facebook Inc (FB.O) is giving the camera a central place on its smartphone app for the first time, encouraging users to take more pictures and edit them with digital stickers that show the influence of camera-friendly rival Snapchat. Read More

Global Real Estate Firm Westfield Corp Reports On 2016 Results

The real estate development firm Westfield Corporation released its 2016 end of year company report on February 14, 2017. Peter Lowy – Chief Executive Officer, stated that “2016 was a significant year for Westfield, which saw the continued execution of our strategy to transform our assets into the pre-eminent global shopping centre portfolio.” It was indicated that due to 2016’s strong performance schedule in completing projects, the corporation was able to achieve more than one billion dollars in revaluation gains. Read More

New Centres Being Built by Westfield Corp

Westfield Corporation improves their portfolio continually by redeveloping their shopping centres as well as purchasing new sites with development opportunities. Westfield Corporation’s future development program is estimated to be $9.5 billion. The funds are intended for redeveloping iconic projects like the Century City in Los Angeles and Croydon in London. Below are expected Westfield Corporation Read More

The Danger of Mixing Business & Politics

The CEO of the ride sharing platform Uber has resigned from President Donald Trump’s business advisory group. In a company memo since shared online, Uber Chief Exec Travis Kalanick said he talked to Trump and let him to know he “would not be able to participate on his economic council. Kalanick has been under mounting pressure Read More

Using an Executive recruiter to Your Advantage

If you are looking for an executive recruiter in Washington DC, consider companies such as JDG Associates and Reaction Search International Inc. Read More

Westfield Corporation Midway Through 2016

Westfield Corporation is a large company based in Australia that is listed on the public exchanges under the ASX code WFD. The company creates as well as operates a number of top retail destinations in the major cities of the world – the majority of which are in the United States. This company puts together Read More

How Do Companies Use Head Hunters To Their Advantage?

Head hunters in the Washington DC area such as Lucas Group and Tangent are well-known for placing executive candidates with their clients. Each of these companies is used by larger corporations in the area to manage the executive suite. The corner offices of the most prominent companies in Washington are filled with executives who were Read More

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