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This is the first of two planned articles comparing the financial data for the mall REITs. In this first article we focus on operating numbers. In the next article we will focus on debt and liquidity.
By a REIT, we refer here to a Real Estate Investment Trust that owns real property. Each mall REIT owns dozens of malls, or more, distributed over a wide geographical area. Some of them also have investments in international malls.
There are only seven of these firms. They are Simon Property Group (SPG