Mall REIT Index Down as Sales Per SF Stagnate

Mall REIT Index Down as Sales Per SF Stagnate

Bloomberg reports that its mall REIT index has fallen 5.4 percent year-to-date, making mall REITs the worst performing sector of the REIT universe. The reason mostly has to do with slowing growth in mall tenants' sales per sq. ft., the publication notes.

Even though tenant sales growth has remained strong, rising 4.2 percent in

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