Retail centers post 3.6% increase in NOI in 2012

02/8/2013 | SCT Newswire

U.S. retail centers cut expenses, grew sales last year and as a result, strengthened their net operating incomes by some 3.6% year over year, according to the ICSC and the National Council of Real Estate Investment Fiduciaries. ICSC Chief Economist Michael P. Niemira anticipates NOI will continue to improve this year as sales increase.

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