Market Extra: Simon Property gives up on four struggling malls. Why more could follow – VibeJiver

Market Extra: Simon Property gives up on four struggling malls. Why more could follow

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The largest retail REIT and mall owner in the U.S. is giving lenders on several of its shopping centers an early Christmas present: the keys back.

The largest retail REIT and mall owner in the U.S. is giving lenders on several of its shopping centers an early Christmas present: the keys back.