Metrics for shopping center REITs are still soft

05/13/2009 | RetailTrafficMag.com

The performance of shopping center REITs has stabilized, but is expected to get worse. "Shopping center REITs are mostly ahead of consensus estimates, but from an operational metric standpoint, the [performance] was soft. Better than we expected, but still soft," said Rich Moore, an analyst with RBC Capital Markets.

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