SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: reaper who wrote (146225)1/25/2002 2:40:41 PM
From: LLCF  Respond to of 436258
 
No, I don't... should be in KMARTS financials. You can already buy retail reits with sky high dividend yeilds, the coming few years will probably blow a few of them up.

DAK



To: reaper who wrote (146225)1/26/2002 11:17:46 AM
From: Earlie  Read Replies (5) | Respond to of 436258
 
Reaper:

I commented on this very thing before Chrstmas. Mall managers even back then were weaping about the pressure on the rental and lease rates. Of course, they were also caving in...... given the increasing percentage of empty stores, they had (and even more so today) no choice.

Incidentally, if you think the retail lease/rental scene is getting bad, take a gander at small industrial malls. They are becoming a wasteland. The number of small industrial buildings and warehouses that are for sale is also rising very rapidly.

It just continues to boggle themind that Greenspan can suggest that the economy is showing signs of rebounding. he must never look out the limousine window, never mind visit any places where people work.

Best, Earlie