Catching Up

Catching Up

After several years of lagging the market, retail properties gain favor with investors.

April was marked by a sudden flurry of activity among U.S. retail REITs. On April 11, Vornado Realty Trust, a diversified publicly traded REIT, announced it filed paperwork with the SEC to spin off a new entity, another publicly traded REIT devoted solely to 85 of its shopping centers.

The same day, Kimco Realty

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