Shopping Centers Today

OCT 2018

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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RE TAIL REITS USE INNOVATION TO WIN AGAIN BY JOEL GROOVER Whether listed on the New York Stock Exchange or internally managed, retail REITs are proving their resilience. After years of playing defense in the wake of the Great Recession — by selling off properties, reinvesting in top-tier assets or running a full-court press on the balance sheet — many of these companies are exploring new ways to ramp up their productivity. SCTVSRNHZLWK¿YHUHWDLO5(,7&(2VDQGDIHZRWKHUH[SHUWVWRJDLQDQ updated perspective on such subjects as the growing REIT focus on mixed-use development, their efforts to replace shuttered department stores with more-vibrant uses, and the prospect that Wall Street may be taking a fresh look at the retail sector on the whole. POSITIONED 30 S C T / O C T O B E R 2 0 1 8

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