Moody’s has lowered its ratings of Simon Property Group following the Indianapolis, Ind.-based REIT’s unsuccessful bid last week to buy Taubman Centers Inc. for $1.5 billion in cash. Moody’s lowered Simon’s senior unsecured debt rating as well as...

Taubman Centers yesterday dismissed an unsolicited $1.48 billion cash bid by rival Simon Property Group — and said any sale would not be in the interest of its shareholders. But Wall Street analysts believe the REIT will get gobbled up sooner or...

Everybody knows one when they see one, but it's hard to clearly define what a lifestyle center is. That was the consensus among developers and retailers at ICSC's 2002 Open Air Centers Conference in Chicago this week...

Old Navy is winner of the third-quarter MVP award at Gap Inc. Retail analysts credit the division with driving an unexpected 20% year-over-year sales increase at the troubled retail company...