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Stock impact report

How Are the Mall REITs Doing? [The Motley Fool]

JC PENNEY (JCP) 
Last jc penney earnings: 2/27 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jcpenney.com
Company Research Source: The Motley Fool
How Are the Mall REITs Doing? Motley Fool Staff ( the_motley_fool Jun 0, 09 at :7PM Real estate investments trusts (REITs) that own top-tiers malls have managed to weather the so-called retail apocalypse. In a broad sense, the top REITs that own mall space have reported that rents and occupancy rates are up. This has occurred because these companies -- Simon NYSE:SPG Brookfield NASDAQ:BPY Taubman NYSE:TCO To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center This video was recorded on June 8, 09. Shannon Jones: Dan Kline: Tesla The companies that own the top-tier malls, those are doing well. We saw similar things with Brookfield and [...] two mall companies. In general, the results are good, sales are up. But that's not the sales we thought of. Yeah, there's a few chains. Ulta Beauty Ross Amazon Starbucks So, yeah, cautiously, I would look at these REITs as possible buys if you, like me, believe that people will still leave the house, they are sti Show less Read more
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