COVID-19 has sped up the retail reckoning taking shape in the United States. The impact on malls is going to be complex.
News & Analysis: Taubman Centers
I wasn't on a buying binge when I visited 13 malls, I was checking my investment thesis. Here are the key lessons I came away with.
Being a mall landlord is tough today, but Simon has a long history of success behind it. Is that enough reason to buy?
After a slow start to the day, the mall owner's shares started to move higher along with a broader market rally.
But the REIT's counterparty no longer wants to do the deal.
Having telegraphed a 50% dividend cut, is this mall REIT worth the risk for investors? It depends on what you expect the future to look like.
The coronavirus claims a deal between two large mall REITs.
With COVID-19 having crushed brick-and-mortar retail, mall REIT Simon Property Group is trying to wriggle out of a multibillion-dollar acquisition.
The company was prepping for a merger, but the pandemic just changed those plans.
Sentiment around the outlet center owner is particularly negative, but it isn't the only retail landlord getting hit today.