Industrial properties planned or zoned for industrial are selling for a 27% premium, and cities are beginning to regulate and clarify production and sales.
The sale is part of an initiative announced by Taubman in February to sell its 50% interest in three Asian shopping centers—Starfield Hamam, CityOn.Xi’an (Xi’an, China) and the CityOn.Zhengzhou (Zhengzhou, China).
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