Shopping-center landlords like Simon Property Group are pressing for states to levy sales taxes on online retailers like Amazon.com, in a bid to level the playing field.
It is spring selling season for U.S. mall landlords, with property giants Westfield Group, Simon Property Group and General Growth Properties marketing 40 malls across the country.
Despite lethargy in Songbird’s share price, recent stake increases by Qatar’s wealth fund and New York investor Simon Glick show confidence in the future of London’s Canary Wharf as a financial center.