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Westfield Selling 7 US Malls to Starwood Capital Group for $1.6 Billion

Westfield Group, the Australia-based property giant has reportedly entered into an agreement to sell stakes in seven of its malls in the U.S. to Starwood Capital Group for about $1.6 billion. Westfield is selling in order to consolidate its American portfolio and raise capital to focus on planned development projects.

Verizon Communications Selling Part of NYC Headquarters to Magnum Real Estate Group for $274 Million

Verizon Communications, the second largest phone company of the United States has reportedly entered into an agreement to sell a part of its New York headquarters at 140 West St. in lower Manhattan to magnum Real Estate Group, a condo developing firm for about $274 million, according to several news sources.

The Unlucky Tale of ’ Friday the Thirteenth’

According to several reports, real estate transactions were barely conducted Friday, Sep 13 as it was considered bad luck. The rare occasion (rather doomsday) of a Friday arriving on the Thirteenth day of a month made it super inauspicious. Many people decided against going to work or even taking a flight. But what exactly makes the day so unlucky?