Kansas investors may be interested in hearing about a possible move by Macy's to either form a separate company for its real estate holdings or enter into a joint venture for them. According to sources, Starboard Value, an investment firm, is suggesting that Macy's could double its share value by doing so.
AutoNation ends partnership with TrueCar after contract dispute
AutoNation, the biggest new-vehicle retailer in the United States, notified TrueCar, an online car shopping service, that it is ending its partnership as of July 15, 2015, following a lengthy contract dispute. Auto enthusiasts in Kansas might have become aware of the impending split when the CEO of AutoNation said in April 2014 that the company intended to distance itself from third-party providers, accusing TrueCar of prompting the move.
Real estate experts predict property trends
Real estate investments made in Kansas and around the country are usually driven by long term goals. Predicting future societal and economic trends is rarely easy, but the Counselors of Real Estate produces a list each year that attempts to do just that. The Chicago-based membership organization of real estate advisers released their latest predictions on June 24, and demographic shifts and an influx of mainly foreign capital are the two factors the group feels will have the biggest impact on property values during the year ahead.
