There's some good news from Australia. Embattled shopping center owner Centro Properties Group has received a two-month extension from its banks to refinance about $3.5 billion in debt. That's a much better outcome than Henry Macklowe is looking...

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There's diversification and then there's what the Ghermezian family is doing. The Ghermezians, the clan behind the Triple Five Group that owns the Mall of America and West Edmonton Mall, has formed a pact to find uranium in Canada. ...

A recent report by the Census Bureau showed that spending on commercial construction projects -- hotels, office buildings, hospitals and other nonresidential construction -- was running at a seasonally adjusted annual rate of $671 billion in...