Malls trying to reduce their dependance on department stores, are looking to other uses such as food and cars.
Lands & Buildings is still agitating for change within the mall operator’s management.
The mall operator managed to keep its preferred directors, but the activist isn’t giving up the fight just yet.
Brokers and shopping center executives looked for a silver lining at the conference.
The mall operator said Land & Buildings has “missed the mark” in an attempt to grab two board seats.
A raft of new art installations have been revealed to help dress the center as its $500 million makeover continues.
Lands & Buildings Investment Management in an open letter told company board members to reign in costs and check the power of the Taubman family.