Brookfield's offer to acquire GGP at a high cap-rate will likely have a chain effect on peer retail REITs and lead to southward pricing of the entire sector, which is already facing seismic changes.
Though shrinking mall traffic, store closures and retailer bankruptcies continue to cripple the retail real estate market, Simon Property Group (SPG) remains well poised to navigate through.
Pennsylvania Real Estate Investment Trust (PEI) on track to enhance shopping experience of customers with the remerchandising of Dartmouth Mall.
Pop It Up Here! initiative will likely benefit Kimco Realty (KIM) by increasing its leasing activities in pop-up shops.
Kimco Realty's (KIM) earnings dilution led by high disposition activity, and tenant bankruptcy and rate hike remain causes of concern.
The grocery and drug store industries are about to witness further consolidation with grocer Albertsons Companies proposing to buy the distressed drugstore retailer, Rite Aid Corporation (RAD).
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Back in 2006 Kimco invested in the Albertsons consortium, due to the potential value from the grocer’s real estate.
Guided by its 2020 Vision, Kimco Realty (KIM) exited Q4 with improved occupancy. The company leased more than 10.0 million square feet in 2017, denoting the highest leasing volume in past 10 years.
Kimco Realty Corp.'s (KIM) Q4 results reflect growth in revenues and high occupancy level.
Federal Realty Investment Trust's (FRT) Q4 results reflect growth in revenues. However, its proactive releasing efforts to reposition properties adversely affected the company's performance.
Vornado Realty's (VNO) Q4 performance reflects growth in occupancy and same-store net operating income (NOI) in the New York portfolio. The company also achieved growth in revenues in the quarter.
Amid an improving economy, Kimco Realty's (KIM) retail properties have the capability to generate decent cash flows in Q4. However, declining mall traffic and store closures remain concerns.
Regency Centers' (REG) buyout of two neighboring properties In Long Island fortifies its portfolio with assets that boast an experienced tenant roster.
DDR Corp's (DDR) senior unsecured debt ratings downgrade by Moody's affects the company's securities worth $3.3 billion. Nonetheless, the rating outlook has been revised to stable from negative.
DDR Corp's (DDR) spin-off of 50 assets, including the entire Puerto Rico portfolio, will help the company shift focus on prime assets offering high-growth opportunities.
Choppy retail real estate environment might limit any robust growth for DDR Corp (DDR), but it is making efforts to achieve an optimum portfolio mix.