NREI Daily
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SEPTEMBER 5, 2019

Top Story

Retail

For Many Retailers, Single Women Will Become the Make or Break Demographic, Morgan Stanley Study Finds

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Analysis

Alternative Properties

Self-Storage REITs Smell Acquisition Opportunity in Newly-Built Facilities

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NREI Wire

Founded in 1670 to Trade Furs, Hudson’s Bay Chases Relevance

Hudson’s Bay is finding it challenging to capture millennial shoppers. Comparable sales—an industry benchmark the retailer recently resumed sharing after five years—fell for the past two quarters.

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WeWork Targets $20 Billion to $30 Billion IPO Value

WeWork’s initial public offering won’t be quite the celebration the office-rental unicorn once foresaw. The New York-based startup is considering seeking a valuation of about $20 billion to $30 billion in the IPO, people with knowledge of the matter said. The range could end up closer to $20 billion, said one of the people, which would be less than half the valuation it secured from its biggest backer just a few months ago.

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10 Must Reads for the CRE Industry Today

Sam Zell is holding on to his investment funds for now, reports MarketWatch. Business Insider looks at the 10 largest grocery chains in the world. These are among today’s must reads from around the commercial real estate industry.

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