Retail REITs face several challenges

08/31/2010 | TheStreet.com

Several retail REITs such as Developers Diversified Realty, CBL & Associates and Simon Property Group have reported improving fundamentals. But there are challenges ahead that could diminish these gains. Unemployment shows little sign of abating, and that eventually will eat into retail sales. Also, Wal-Mart's ongoing expansion will threaten grocery-anchored shopping centers.

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