Retail real estate, especially open-air strip centers, is bouncing back post-pandemic, according to Nuveen Real Estate. Grocery-anchored centers have low vacancy rates and high demand, making them resilient investments. With retail oversupply corrected, investors are eyeing these properties for strong returns. Despite some slowing, the sector remains attractive for strategic investors.

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1. Tesla’s stock surges to an all-time high after Elon Musk tweets about the company potentially going private. The stock rose by 11% in a single day, reaching a market value of $63.8 billion.

2. Apple announces a partnership with Salesforce to develop business apps for iOS devices. This collaboration aims to improve the productivity and efficiency of Salesforce customers through the use of Apple’s technology.

3. The US economy adds 201,000 jobs in August, exceeding expectations of 191,000. The unemployment rate remains steady at 3.9% as wages continue to rise at a modest pace of 0.4% for the month.: Global investment firm Nuveen bets on niche real estate subsector