CBL

CBL Properties and MINISO Partner to Expand Its U.S. Presence to Thirteen CBL Malls

Retrieved on: 
Thursday, March 21, 2024
Generation X, Men, Retail, Millennials, Consumer, Commercial Building & Real Estate, Construction & Property, Discount, Variety, Lifestyle, Department Stores, Teens, Women, Generation Z, Fashion, Post Oak Mall, Coastal Grand Mall, Hanes Mall, Garage, CBL, Restaurant, Valley View Mall, Aerie, CBL Properties, CoolSprings Galleria, Kirkwood Mall

Today CBL Properties (NYSE:CBL) announced it has executed multiple deals with global lifestyle retailer MINISO, expanding the brand’s presence to a dozen new markets in the United States.

Key Points: 
  • Today CBL Properties (NYSE:CBL) announced it has executed multiple deals with global lifestyle retailer MINISO, expanding the brand’s presence to a dozen new markets in the United States.
  • “We are thrilled to work with MINISO to add to their U.S. store fleet at CBL properties across the south, east coast, and Midwest,” said Stephen Lebovitz, chief executive officer, CBL Properties.
  • “MINISO is an innovative retailer catering to a generation of customers who over the last few years have shown a preference for shopping at malls.
  • These stores are becoming a destination for visitors to our properties and complement the dynamic mix of retailers, restaurants, and entertainment they already offer.”
    In addition to MINISO, CBL is working with several brands that are working to expand their mall-based presence including Five Below, Aerie, Garage, and many others.

CBL Properties Partners With Adeptmind to Launch “Inventory Insider”

Retrieved on: 
Wednesday, February 14, 2024
Commercial Building & Real Estate, Generation X, Construction & Property, Millennials, Teens, REIT, Electronic Commerce, Software, Other Retail, Restaurant, Bar, Internet, Data Management, Technology, Other Consumer, Retail, Women, Seniors, Men, Finance, Artificial Intelligence, Family, Professional Services, Online Retail, Consumer, Department Stores, Generation Z, CoolSprings Galleria, Research, CBL Properties, Intelligence, CBL

CBL Properties (NYSE:CBL) today announced that it has partnered with Adeptmind, a leading technology company specializing in artificial intelligence and e-commerce, to launch “Inventory Insider” at two of its Tennessee properties, CoolSprings Galleria (Nashville) and Hamilton Place (Chattanooga).

Key Points: 
  • CBL Properties (NYSE:CBL) today announced that it has partnered with Adeptmind, a leading technology company specializing in artificial intelligence and e-commerce, to launch “Inventory Insider” at two of its Tennessee properties, CoolSprings Galleria (Nashville) and Hamilton Place (Chattanooga).
  • Inventory Insider leverages Adeptmind’s technology to give shoppers online access to all the products carried by each local retailer in one centralized location on the mall’s website.
  • “We are excited to partner with Adeptmind to launch Inventory Insider at two of our top properties,” said Stephen Lebovitz, chief executive officer, CBL Properties.
  • “Adeptmind will boost the online visibility of these two properties, making retailer products easily discoverable for their customer base, which positively impacts the overall consumer experience.”
    Inventory Insider is currently accessible from each property’s website through a new “Products” tab.

CBL Properties Reports Results for Fourth Quarter and Full-Year 2023

Retrieved on: 
Monday, February 12, 2024
Retail, Restaurant, Bar, Other Retail, Department Stores, Commercial Building & Real Estate, Construction & Property, REIT, FFO, East Towne Mall, News, Growth, Partnership, Bed Bath & Beyond, NOI, Comparable, CBL, Book, Environment, Insurance

Same-center NOI declined 1.2% during the fourth quarter 2023 as compared with the prior-year quarter and declined 1.5% in 2023 as compared with the prior year, near the high-end of the previously issued guidance range.

Key Points: 
  • Same-center NOI declined 1.2% during the fourth quarter 2023 as compared with the prior-year quarter and declined 1.5% in 2023 as compared with the prior year, near the high-end of the previously issued guidance range.
  • FFO, as adjusted, per share was $1.94 for the fourth quarter 2023, and $6.66 for the year ended December 31, 2023.
  • FFO, as adjusted, per share was $2.11 for fourth quarter 2022, and $7.88 for the year ended December 31, 2022.
  • Nearly 4.4 million square feet of leases were executed in 2023, including approximately 1.3 million square feet in the fourth quarter.

CBL Properties Announced 6.7% Increase in Quarterly Dividend

Retrieved on: 
Thursday, February 8, 2024
Commercial Building & Real Estate, Construction & Property, Department Stores, Finance, Other Retail, REIT, Professional Services, Restaurant, Bar, Retail, CBL, CBL Properties

CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending March 31, 2024, a 6.7% increase from the previous quarterly dividend rate.

Key Points: 
  • CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending March 31, 2024, a 6.7% increase from the previous quarterly dividend rate.
  • The dividend, which equates to an annual dividend payment of $1.60 per common share, is payable on March 29, 2024, to shareholders of record as of March 15, 2024.
  • “We are pleased to demonstrate our commitment to returning value to shareholders by announcing a 6.7% increase in the regular cash distribution, which builds on the 50% dividend increase in 2023,” commented Stephen D. Lebovitz, CBL’s Chief Executive Officer.
  • “Strong operating performance in 2023 continued to generate substantial free cash flow, enabling the Company to build on our strong cash position.”

Lithium Ionic drills 2.45% Li2O over 9.1m and 1.61% Li2O over 11.9m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Wednesday, November 15, 2023
Lithium, FSE, MRE, CBL, Bandeira, PCA, Feasibility study, Techno-economic assessment, LTH, LP, LO, Cirillo, Internal rate of return, Cachoeira, RCA, Rare-earth element

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from the ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from the ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, “These latest drill results continue to bolster our efforts to expand and enhance the Bandeira project for our upcoming Feasibility Study.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

CBL Properties Sees Strong Demand From New Retail and Non-Traditional Tenants

Retrieved on: 
Monday, December 4, 2023
Commercial Building & Real Estate, Construction & Property, Department Stores, Finance, Other Retail, REIT, Professional Services, Restaurant, Bar, Retail, Planet Fitness, Anthropologie, Terrace, NYSE, CBL, Kirkwood Mall, Coastal Grand Mall, Dakota Square Mall, 100 St Georges Terrace, CoolSprings Galleria, Health, Valley View Mall, Crunch Fitness, Friendly Center, Nordstrom Rack, CBL Properties, West Towne Mall

Over the last several months, CBL Properties (NYSE:CBL) has welcomed a number of new retail, service, entertainment and restaurant concepts to its portfolio with more openings planned for 2024 and beyond.

Key Points: 
  • Over the last several months, CBL Properties (NYSE:CBL) has welcomed a number of new retail, service, entertainment and restaurant concepts to its portfolio with more openings planned for 2024 and beyond.
  • “We’re having great success diversifying the offerings at our properties and are seeing strong retail and non-retail leasing activity across our portfolio,” said Stephen Lebovitz, chief executive officer, CBL Properties.
  • “Over the last few months, we’ve welcomed Stars and Strikes to Coastal Grand in Myrtle Beach, South Carolina and Main Event to Cross Creek Mall in Fayetteville, North Carolina.
  • In North Dakota, Tilt Studios opened at Dakota Square in Minot and Kirkwood Mall in Bismarck.

CBL Properties Reports Results for Third Quarter 2023

Retrieved on: 
Thursday, November 9, 2023
Retail, Other Retail, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, NOI, Partnership, CBL, Exercise, CBL Properties, FFO, Growth, News, Clothing, Cryptocurrency, Lease, Atlanta

Same-center NOI increased 0.4% during the third quarter 2023 as compared with the prior-year quarter.

Key Points: 
  • Same-center NOI increased 0.4% during the third quarter 2023 as compared with the prior-year quarter.
  • FFO, as adjusted, per share was $1.60 for the third quarter 2023, and $4.72 for the nine-months ended September 30, 2023, in-line with expectations.
  • CBL now anticipates achieving full-year results near the mid-point of its 2023 FFO, as adjusted, per share, guidance range of $6.00 - $6.47 and 2023 same-center NOI guidance to the range of $423 million - $440 million.
  • “CBL posted solid results in the third quarter highlighted by same-center NOI growth of 40 basis points," said Stephen D. Lebovitz, CBL's chief executive officer.

CBL Properties Declares Fourth Quarter Common Stock Dividend

Retrieved on: 
Wednesday, November 8, 2023
Commercial Building & Real Estate, Construction & Property, Department Stores, Finance, Other Retail, REIT, Professional Services, Restaurant, Bar, Retail, CBL Properties, NYSE, CBL, Holding company

CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a cash dividend of $0.375 per common share for the quarter ending December 31, 2023.

Key Points: 
  • CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a cash dividend of $0.375 per common share for the quarter ending December 31, 2023.
  • The dividend, which equates to an annual dividend payment of $1.50 per common share, is payable on December 29, 2023, to shareholders of record as of December 12, 2023.

Lithium Ionic drills 1.64% Li2O over 13.5m, 2.18% Li2O over 5.8m and 1.95% Li2O over 5.7m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Monday, November 6, 2023
Lithium, LP, LAC, Internal rate of return, Feasibility study, LTH, PCA, LO, MRE, Heating, ventilation, and air conditioning, Bandeira, CBL, Cirillo, Techno-economic assessment, Companhia Brasileira de Metalurgia e Mineração, FSE, LI, RCA, Cachoeira, Rare-earth element

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • In October 2023, an updated MRE at Bandeira showcased a near-doubling of the MRE, which formed the basis of a Preliminary Economic Assessment (“PEA”).
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic drills 2.11% Li2O over 9.9m, 1.73% Li2O over 10.4m and 1.68% Li2O over 10.0m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Thursday, November 2, 2023
Lithium, LP, LAC, Internal rate of return, Feasibility study, LTH, PCA, LO, MRE, Heating, ventilation, and air conditioning, Bandeira, CBL, Growth, Cirillo, Companhia Brasileira de Metalurgia e Mineração, FSE, LI, RCA, Measurement, Cachoeira, Rare-earth element

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports drill results from the Bandeira Project (“Bandeira”), in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports drill results from the Bandeira Project (“Bandeira”), in northern Minas Gerais State, Brazil.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, "Today's drill results underscore the continued growth potential of Bandeira – a property which represents only approximately 1% of our total land package in this prolific lithium belt.
  • The new mineral resource estimate we reported earlier this month for Bandeira reflects a snapshot in time, based on data up to August 2023.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.