The death of the American mall might just be overrated. Sure, foot traffic at ancillary and small-town malls is dying thanks to online shopping at websites like Amazon (AMZN). But for those mall opportunities in high-net-worth and Class-A spaces, traffic continues to be robust this holiday season. And for the REITs that own these malls, things continue to get better.
For investors looking for big dividends, the mall REITs are uniquely positioned to provide high yield and a touch of value as prospection, as rising rates and falling foot traffic have made them bargains. Here’s three mall REITs you can bank on this Christmas and beyond: Simon Property Group (SPG), Taubman Centers (TCO) and Macerich (MAC).
Source: InvestorPlace
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Let’s Go Shopping! 3 Mall REITs You Can Bank on This Christmas
Posted by D4L | Wednesday, January 06, 2016 | ArticleLinks | 0 comments »________________________________________________________________
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