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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (59987)	10/21/2017 11:05:59 AM
From: richardred	1 Recommendation Recommended By E_K_S Respond to of 78464

RE- Trying to get the value out. IMO Exactly what Eddie Lambert tried to do when he bought the bankrupt K-Mart. Although I think he bit off more than he could chew. The report card is still out. Are their more Vornado's out there?. They owned a chain of stores called Two Guy's out by me. It looks like Warren B believes in SRG. RE-yesteryear accounting of stores. I think Many Troubled or bankrupt retailer's back then owned their real estate. It's much different today for new retail for various reasons. Without looking at today's legacy retailers booked assets. Namely JCP, Macy's, Nordstrom, Target/Dayton Hudson. I'm thinking many of the old retailers already booked their gains and leased their stores back? It seems to me trending that Mall based stores are the ones today that are taking advantage of REIT properties. This like the once stand alone scattered REIT properties that Vornado still owns. P.S. That once former Two Guys store by the Mall is being leased by Kohl's with part of the other store strip still being up for lease.