Top-Tier Mall REITs Post Solid Performance in the Third Quarter

While the retail sector continues to face challenges, REITs that own top-tier malls are posting solid performance numbers and respectable earnings. Regional mall REITs can be a solid investment, with returns of 2.14 percent in 2018 compared with 0.53 percent for the S&P 500, Barron’s reported. Despite record numbers of retail bankruptcies and store closures over the last couple of years, several big mall REITs, including Simon Property Group, Macerich and Taubman Centers, reported increased store sales and occupancies in third quarter, solid measures of how their properties are performing. Click to read more at www.mrej.com .