Contact Us Now

Cincinnati Office PHONE: 513-412-3481
TOLL FREE: 800-427-7212
FAX: 513-412-3482
Providence Office PHONE: 401-421-3763
TOLL FREE: 877-395-1031
FAX: 401-453-5847

 
 
 

OUR FAMILY OF
STRATEGIC TAX SERVICES

News

November 29, 2018

Top-Tier Mall REITs Post Solid Performance in the Third Quarter

 

National Real Estate Investor
Liz Wolf Nov 29, 2018

While the retail sector continues to face challenges, REITs that own top-tier malls are posting solid performance numbers and respectable earnings.

Regional mall REITs can be a solid investment, with returns of 2.14 percent in 2018 compared with 0.53 percent for the S&P 500, Barron's reported.

Despite record numbers of retail bankruptcies and store closures over the last couple of years, several big mall REITs, including Simon Property Group, Macerich and Taubman Centers, reported increased store sales and occupancies in third quarter, solid measures of how their properties are performing. Read more.

 
Back to Top