-
Report: Shopping center industry Q4 profit rises 4.3%
New York -- A report released Thursday by the National Council of Real Estate Investment Fiduciaries and the International Council of Shopping Centers said that the U.S. shopping center industry’s net operating income for the fourth quarter continued to show a strong gain nationally, rising 4.3% year-over-year.
Total operating income of all U.S. shopping centers on a square foot basis rose 3.6% over the year-ago period.
For all of 2012, the U.S. shopping-center industry posted a 3.6% rise in NOI.
-
UL’s new ‘EcoLogo’ a tool for transformation
Underwriters Laboratories’ UL Environment division introduced an updated version of its EcoLogo to designate the sustainability of toys.
The EcoLogo is the first environmental toy standard developed with input from the Toy Industry Association (TIA), according to UL. It establishes a points-based model for the evaluation of performance, and recognizes manufacturers for sustainability leadership and innovation with the addition of a Platinum level certification for the highest achievement.