As many readers know, I have been investing in the retail REIT sector for some time, with my "investment steam" picking up since the sector fell out of bed due to retail bankruptcies and the belief that the brick and mortar retail sector has one foot in the grave. In the shopping center sector, I have investments in Kimco Realty (KIM) and Brixmore Property (BRX).
THESIS/BACKGROUND
The thesis underlying these investments is that despite the high profile retail bankruptcies and the constant bombardment of negative headlines proclaiming the death of retail