Speaking at NAREIT's investor forum taking place in mall REITs as a particularly attractive investment right now. The REITs own a disproportionately large share of trophy regional malls in the U.S. and with occupancy levels and rental rates on the rise, they should only continue to thrive in the near-term future.this week, a manager with Invesco Real Estate said he views regional
Here are some thoughts on the outlook for the largest U.S. mall REITs from RBC Capital Markets.
In other buy a couple of luxury retail properties in urban markets to complement their regional mall portfolio. An example would be GGP's recent bid for 650 Madison Avenue in New York City--a Midtown Manhattan office building with 75,000 sq. ft. of street-level shops, including Crate & Barrel. (GGP lost the bid to Crown Acquisitions and Highgate).from the investor forum, General Growth Properties executives revealed they would like to