TITLE

Smooth Sailing

AUTHOR(S)
Misonzhnik, Elaine
PUB. DATE
June 2007
SOURCE
Retail Traffic;Jun2007, Vol. 36 Issue 6, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increase of profits of real estate investment trusts (REITs) in the first quarter of 2007 in the U.S. Average returns of mall REITs grow by 14.1 percent, with funds from operations (FFO) estimates of 6.8 percent. Shopping center REITs rises by 6.3 percent with 10.1 percent projected FFO. General Growth Properties Inc. and Simon Property Group Inc. are among the best performers for the period.
ACCESSION #
25445335

 

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