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Disney Remodels May Be Too Expensive; Westfield Won't Bid on General Growth (Tuesday's News & Notes)

Now that General Growth Properties made clear it prefers to go ahead with its reorganization with the help of Brookfield Asset Management, Australian listed property trust the Westfield Group revealed it has no plans to bid on the company. Meanwhile, U.S. regulators have received complaints stock brokers may have concealed the risks of buying shares of nonlisted REITs from investors. For this and other stories about retail and retail real estate, follow the links below:

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