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Dow Partners With Macquarie In Gulf Coast Infrastructure Play, Retains Strategic Control
  • December 8, 2024

Dow Partners With Macquarie In Gulf Coast Infrastructure Play, Retains Strategic Control

Dow Inc. (NYSE:DOW) shares are trading higher on Monday. The company entered into a definitive agreement to sell a 40% equity stake in select U.S. Gulf Coast infrastructure assets to a fund managed by Macquarie Asset Management. Dow anticipates initial cash proceeds of approximately $2.4 billion from the sale of its 40% equity stake, with potential proceeds reaching up to $3.0 billion if Macquarie Asset Management exercises its option to increase its stake to 49% within six months of closing. Th

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Activist investors urge Macy's to create a real estate unit among other changes to boost stock
  • December 8, 2024

Activist investors urge Macy's to create a real estate unit among other changes to boost stock

Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale's and Bluemercury chains among other changes to boost its slumping stock, according to its proposal made public Monday. The presentation to Macy's shareholders comes after Barington Capital, which has stakes in such brands as Victoria's Secret, Hanes and Dillard's, has built an undisclosed stake in Macy's. Barington said it has partnered with property owner Thor Equities.

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Southern Markets Saw Rent Declines In 15 Out Of 21 Cities. Here's What They Did Right (And Wrong)
  • December 8, 2024

Southern Markets Saw Rent Declines In 15 Out Of 21 Cities. Here's What They Did Right (And Wrong)

Rents are finally easing in parts of the South, offering a bit of a break to renters who have been feeling the squeeze over the past few years. Southern and Sun Belt cities have been a magnet for new development and saw rents drop in 15 out of 21 major markets this past year. While this shift brings some relief, it's important to understand what these cities got right – and where they fell short. Don't Miss: During market downturns, investors are learning that unlike equities, these high-yield r

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