Mall REITs
What Are Mall REITs?
Mall Real Estate Investment Trusts (REITs) own and operate shopping malls, ranging from regional centers to high-end luxury destinations. These REITs generate income by leasing space to retailers, restaurants, and entertainment venues, benefiting from strong consumer foot traffic.
Why Invest?
Mall REITs offer high rental income potential, especially in prime locations with premium tenants. Top-tier malls with experiential offerings, such as dining and entertainment, remain resilient despite e-commerce growth, making them attractive for long-term investors.
Challenges & Outlook
While e-commerce and shifting shopping habits pose challenges, well-positioned malls continue to evolve with mixed-use spaces and omnichannel retail strategies. High-quality mall REITs in strong markets are adapting, making them a viable investment in the evolving retail landscape.
| Ticker Symbol | Company Name | Property Sector | Market Cap ($B) | Dividend Yield | Payout Frequency | Price-to-FFO | Debt Ratio | Short Interest | |
|---|---|---|---|---|---|---|---|---|---|
| SPG | Simon Property |  | Mall | 42.98 | 5.77% | Quarter | 10.8 | 40% | 1.4% |
| MAC | Macerich |  | Mall | 2.75 | 5.32% | Quarter | 7.1 | 65% | 8.4% |
| SKT | Tanger Factory Outlets |  | Mall | 2.80 | 3.91% | Quarter | 13.7 | 47% | 9.0% |
| CBL | CBL Properties |  | Mall | 0.75 | 6.36% | Quarter | 3.8 | 85% | 6.7% |
| PEI | Pennsylvania REIT |  | Mall | 0.05 | 0.00% | -- | 0.5 | 83% | -- |
