TSX:SRU.UN - Post by User
Post by
logicandinertiaon Aug 10, 2020 7:29am
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Post# 31386142
Amazon interested in mall space?
Amazon interested in mall space? https://www.marketwatch.com/story/amazon-and-mall-owner-simon-consider-turning-sears-jc-penney-stores-into-fulfillment-centers-2020-08-09
simon up over 5 percent pre market. For a heavily hated and shorted sector, this is a curious development. May provide a bump in sentiment for retail REITs.
This retail environment requires creAtive thinking but if one has good locations in thriving cities, there will be demand for quality space IMO. SmartCentres is run by some smart folks.
Good luck.