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As more retailers and restaurants reopen, mall and shopping center REITs continue to surge on the hopes that rent collections will improve this month. More news on: Pennsylvania Real Estate Investment Trust, CBL & Associates Properties, Inc., Washington Prime Group Inc., Financial stoc...
The stock market is in the green on Monday, but stocks that stand to gain the most from a quick rebound in the economy are leading the way higher. As of 10:30 a.m. EDT, retail REIT Tanger Factory Outlet Centers (NYSE: SKT) was up by more than 10% for the day, while Seritage Growth Propertie...
Real Estate Weekly Outlook U.S. equity markets extended their reopening rally this week amid signs that the post-pandemic economic rebound has formed the early contours of a V-shaped recovery following data that showed a stunning rebound in employment growth in May following a dismal March...
Shares of a number of real estate investment trusts (REITS) are moving sharply higher Thursday. Here are five in particular that are up by double-digit percentages: Prices as of 3:05 p.m. EDT. Source: yCharts. There are two different types of companies here. Seritage Growth Prope...
Seritage Growth Properties (NYSE: SRG ) will terminate its master lease with Sears at 12 stores of the 17 remaining Sears ( OTCPK:SHLDQ ) and Kmart stores in its wholly owned portfolio. More news on: Seritage Growth Properties, Sears Holdings Corp., Financial stocks news, Read more ....
Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner of 203 retail and mixed-use properties totaling approximately 32.2 million square feet, today provided an update related to its master lease (the Holdco Master Lease) with Transform Holdco LLC (“Sear...
It took an unprecedented pandemic to speed up the music. Now, in the game of mall-REIT musical chairs, the game is just about over. Two months ago, I published “ The Retail Apocalypse Is Knocking at Our Door ” – a hard-hitting look at which mall real estate investment ...
With retailers in South Carolina allowed to reopen, customer traffic is back to 80% of pre-COVID-19 levels at Tanger Factory Outlet Center's (NYSE: TCO ) properties in the state, said CEO Steven Tanger at the NAREIT's virtual REITweek conference. More news on: Taubman Centers, Inc., Simo...
The stock market was modestly higher on Tuesday, but retail operators were a standout. Site Centers (NYSE: SITC) , formerly known as DDR Corp, was higher by nearly 14% at 3 p.m. EDT. Other real estate investment trusts were higher as well. Outlet mall REIT Tanger Factory Outlet Centers ...
In this episode of Motley Fool Answers , Alison Southwick chats with Motley Fool personal finance expert Robert Brokamp and Fool.com contributor Dan Kline about the latest headlines from Wall Street. They talk about some labor statistics and some companies that seem least likely to survive th...
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(TheNewswire) Abu Dhabi, United Arab Emirates – TheNewswire - July 29, 2024 – Falcon Energy Materials plc (TSXV: SRG) , (“ Falcon ” or the “ Company ” ) is pleased to announce that, effective at market ope...
(TheNewswire) Abu Dhabi, United Arab Emirates, July 9, 2024 – TheNewswire – Falcon Energy Materials plc (TSX-V: SRG) (“ Falcon ” or the “ Company ”) is pleased to announce that it has retained DS Market Solutions...
(TheNewswire) Abu Dhabi, United Arab Emirates – TheNewswire - July 2, 2024 – Falcon Energy Materials plc (TSXV: SRG) , formerly SRG Mining Inc. (“ Falcon ” or the “ Company ” ), is pleased to announce the ...