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Herschen Acquires Palace Entertainment’s Theme Parks

Herschen Acquires Palace Entertainment’s Theme Parks

by Phil Hall | Mar 19, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Spanish entertainment operator Parques Reunidos is selling all of the US properties run by its Palace Entertainment subsidiary to Herschend, the Atlanta-headquartered themed attractions company whose brand portfolio includes Dollywood Parks & Resorts. The...
Disney Unveils Slate of Projects to Expand Attractions and Lands at Theme Parks

Disney Unveils Slate of Projects to Expand Attractions and Lands at Theme Parks

by Phil Hall | Aug 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Less than a week after reporting weaker than expected returns from its theme parks, the Walt Disney Co. (NYSE:DIS) unveiled what it promoted as “an unprecedented slate of projects including new attractions, lands, and more” designed to bolster the strategy of using...
Hits and Misses for the Real Estate Week of Aug. 5-9

Hits and Misses for the Real Estate Week of Aug. 5-9

by Phil Hall | Aug 9, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, WRE News Exclusive

An office building that sold at a tremendous loss, a community of 3D printed homes and Gavin Newsom cleaning up Los Angeles. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 5-9. Miss: Who Wants to Buy a Cheap Office...
Shaky Returns from Theme Parks Roils Disney’s Real Estate Growth Plans

Shaky Returns from Theme Parks Roils Disney’s Real Estate Growth Plans

by Phil Hall | Aug 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Walt Disney Co. (NYSE:DIS) reported weaker than expected returns from its theme parks, dampening the plans of CEO Bob Iger’s plans to use the company’s real estate holdings to boost revenue. Disney’s latest quarterly report found theme park revenue up by 2%...
Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council

Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council

by Phil Hall | Apr 17, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Walt Disney Co. (NYSE:DIS) cleared a major hurdle in its proposed $1.9 billion expansion of Disneyland with the Anaheim City Council giving preliminary approval for its development plans. KTLA reported the city council voted 7-0 in favor of the proposal early...
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