Two of the largest retail REITs in the U.S., DDR Corp. and Kimco Realty Corp., are in the process of exiting Latin America. One might assume the region is less attractive than it has been in the past, but that’s not the case. The real reason these companies have been compelled to say adios to Latin America is homegrown: investors and analysts have made it clear they prefer U.S. REITs to invest in U.S. real estate.
“U.S. investors want companies focused on
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.