Want to join the conversation?
$PLD said risk associated with the UK NOI has been minimized. At present, the UK portfolio is 100% leased, has a weighted avg. lease term of 8 years, has only 11% of leases expiring over the next 18 months and has in-place rents that are roughly 10% below market. The UK development portfolio totals 1.9MM square feet.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.