Washington Prime Collects More Rent, but Not Enough 2020/09/19 13:20:00 The Motley Fool
Washington Prime's subpar mall portfolio and high debt load are a toxic combination.
Weberstown Mall Completes Solar Panel Installation 2020/09/16 11:00:00 Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--Washington Prime Group Inc. (NYSE: WPG) today announced as part of its sustainability efforts the completion of the solar panel system at Weberstown Mall, located in Stockton, California. The system is comprised of 3,456 photovoltaic (PV) modules, spanning more than 76,645 SF, offsetting approximately 37,400 tons of CO2 equivalent over 25 years. Under the terms of the agreement, Safari Energy developed, financed, and built the project, with Washington Prime Grou
Washington Prime Group Provides Update on Healthy Rent Collection Rate and Strong Leasing Volume 2020/09/15 11:00:00 Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--Washington Prime Group Inc. (NYSE: WPG) today provided an update on several operating metrics in conjunction with the posting of its investor presentation for the BofA Securities Global Real Estate Virtual Conference. Significant Leasing Progress in the Face of COVID-19 Pandemic Leasing volume exhibited a 3.6% YOY increase during the first eight months of 2020 totaling 2.9M SF of which ~44% of new leasing volume was attributable to lifestyle tenancy; The aforeme
Washington Prime Group to Present at BofA Securities 2020 Global Real Estate Virtual Investor Conference 2020/09/08 22:20:00 Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--Washington Prime Group Inc. (NYSE: WPG) today announced that Lou Conforti, CEO and Director, and Mark Yale, CFO, will participate in a roundtable presentation at the BofA Securities Global Real Estate Virtual Conference on Tuesday, September 15, 2020 at 10:30 a.m. ET. A live audio webcast of the presentation will be available on the Investor Relations section of the Company’s website which is available here. An audio replay of the presentation will be available
ALEX BRUMMER: Division over BT's future 2020/09/07 20:50:54 Daily Mail Online
British Telecom chief exec Philip Jansen (pictured), after a dazzling career in private equity and at fintech firm Worldpay, is acutely aware that shareholder patience is stretched.
Washington Prime Group Announces Timing of Second Quarter 2020 Earnings Results 2020/08/06 20:05:00 Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--Washington Prime Group Inc. (NYSE: WPG) today announced that the Company will hold a conference call on Tuesday, August 11, 2020 at 11:00 a.m. Eastern Time to discuss the Company’s second quarter 2020 financial and operating results. The dial-in number for the conference call is 833.235.7642 (or +1.647.689.4163 for international callers), and the participant passcode is 7358694. The live audio webcast of the call will be available on the investor relations secti
Washington Prime : Brings Community Together with Cinema Under the Stars | MarketScreener 2020/07/22 20:56:12 MarketScreener
COLUMBUS, OH - July 22, 2020 - Washington Prime Group Inc. partnered with The Arts District to transform its parking spaces into family-friendly, drive-in cinemas at select properties this… | July 22, 2020
FCA needs intense safeguarding revisal, say UK PSPs 2020/07/21 09:12:00 bobsguide
Luc Gueriane, chief commercial officer at Moorwand and former head of business development at Wirecard, explained via email that safeguarding can be a very thorny issue, partly because it applies throughout the European Economic Area. “The point at which it applies is understood, but when it ceases is actually quite opaque,” Gueriane said. “And the obligation to segregate relevant funds, while similar, is clearly different to safeguarding and needs clarity. “As such, the FCA-led reforms need some elucidation to truly understand if they alone will be sufficient. That being said, the industry itself must be more proactive around regulation to best safeguard client funds – this must happen sooner rather than later.” The FCA released its finalised guidance for payment firms on July 9, shortly after Wirecard’s failings barred thousands of UK customers from 70-odd payment firms from accessing their cash. Safeguarding of accounts, reconciliations, compliance audits, prudential risk and wind-down plans were all addressed, with the guidance pertaining to authorised payment, credit and e-money institutions, as well as custodians.
NREI's Common Area: How Malls Are Being Used for More Than Just Shopping 2020/07/13 15:49:57 NREI
David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group, in the latest episode of the Common Area podcast.
Washington Prime Group Announces Exciting Food and Beverage Offerings to Make Debut in Tri-Cities at The Mall at Johnson City 2020/07/01 12:00:00 Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--Washington Prime Group Inc. (NYSE: WPG) today announced updates to redevelopment efforts at The Mall at Johnson City, located in Johnson City, Tennessee. Highly sought-after food and beverage concepts Chipotle Mexican Grill and Chicken Salad Chick will make their debut in the Tri-Cities and will anchor a new, multi-tenant building along North Roan Street at The Mall at Johnson City. Chipotle, a leader and innovator in the food industry, is committed to serving r