HONG KONG, Aug. 26, 2014 /PRNewswire/ -- Taubman Asia, a subsidiary of U.S. mall REIT, Taubman Centers, Inc. (NYSE: TCO), today announced it has increased its ownership interest in the Hanam Union Square shopping center project.
... sold were two Michigan malls. Starwood paid $51.5 million for The Mall at Partridge Creek in Clinton Township and $102.2 million for Fairlane Town Center in Dearborn, according to Washington, D.C.-based real estate information service CoStar Group Inc.
Taubman Centers, Inc. (NYSE:TCO): Deutsche Bank maintains their rating on the shares of Taubman Centers, Inc. (NYSE:TCO). The current rating of the shares is Hold. Equity Analysts at the Firm raises the price target to $85 per share from $77 per share.