GLG Topic: Retail Real Estate Values

Kimco is one of only a handful of REITs still trading at a premium to net asset value. Kimco has the lowest rents of any strip center REIT.  Kimco rates only a "D" for performance and a "D" for value on the Forbes Gold List. Yet Kimco seems to be the darling of investors. Why?

Mr. Lance Crain, a very influential and knowledgeable business pundit, believes the answer to Mr. Lampert's problems is to sell Sears real estate and use the money to turn around Kmart with all Sears brands. He obviously has not done his homework. As readers of the GLG analysis on the topic of SHLD...

Although Mr. Nelson has correctly restated the Barron's article, he misses the most important incorrect assumption The Barron's writer has used to make his argument.  He states that "Mr. Lampert must invest in order to turn Sears around".  As a battle scared veteran of both the Federated...

Macy's is in process of selling 88 duplicate stores. Thus far they have sold approximately 60 for an average price of $10 million each. In every instance they have kept an even larger store in the same mall which gives them tremendous bargaining power with each developer. What are the possible takeaways...