Luxury Brands Are Buying Up Properties—Will High-End Landlords Fade Away?

[ad_1] In this article Why rent when you can buy? Luxury retailers are booming and using their extra cash to buy up highly coveted retail spaces across the U.S. and Europe.  Prada bought the building where its Fifth Avenue store is located for $425 million, while LVMH is said to be in talks to purchase the building where … Read more