Hanging on to its best malls is General Growth's challenge:

04/17/2009 | Bloomberg

Now that it is in bankruptcy protection, General Growth Properties faces the task of hanging on to its most successful malls, which many analysts regard as among the best-quality retail properties in the nation. Share prices for some of GGP's competitors, including Macerich Co., Simon Property Group and Taubman Centers, rose Thursday, as investors anticipated that the bankruptcy filing would open the door to their purchase of some of GGP's malls at deeply discounted prices.

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