Latin American Shopping Centers are "Staying Alive"
Real Estate Issues
; 47(4):1-13, 2023.
Article
in English
| ProQuest Central | ID: covidwho-2263057
ABSTRACT
Argentina suffered a return of socialism and a populist government, political unrest and untamed inflation fueling an exodus of global retail brands (tenants). During my sabbatical, my "Feet were on the Street," as I visited approximately 70 shopping malls in five countries and conducted qualitative interviews with shopping mall owners, brokers for the "marks"(retail brands/tenants), managers, real estate attorneys, retail trade associations, investment groups, and real estate professors. When I teach commercial leasing I discuss the codependent relationship between the parties to the Lease, the shopping center Owner, Tenant, and the "hidden" party to the Lease, the Lender. [...]Latin American shopping mall owners are nimbler and more flexible to make decisions because they do not need Lender permission.
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Collection:
Databases of international organizations
Database:
ProQuest Central
Language:
English
Journal:
Real Estate Issues
Year:
2023
Document Type:
Article
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