It looks like the number of publicly traded retail REITs might grow a bit this year. Today, news emerged that American Assets Trust Inc. successfully raised $564 million in the largest REIT IPO in more than a year.
For more on the latest news in retail and retail real estate follow the links below:
- Simon Property's Noisy U.K. Mall Retreat (The Wall Street Journal)
- Borders is Bankruptcy Bound, Poll Says (The Street)
- Centro's Fate Now Lies with Opportunistic Investors (The Wall Street Journal)
- December Sales Rise to Highest Level Since 2007 (Real Capital Analytics)
- Gap to Open San Francisco Store for Brand Born on the Web (The New York Times)
- Target to Open 21 New Stores in 2011 (CoStar Group)
- Zellers Sells 220 Stores to Target (Financial Post)
- Starbucks Plans Venture with Indian Coffee Company (The New York Times)
- Wal-Mart's Big Apple Campaign (The New York Post)
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