re:us recession turning malls into ghost towns

  1. 2,858 Posts.
    "But the long recession is helping to empty out the promenades. Some analysts estimate that the number of so-called "dead malls" -- centers debilitated by anemic sales and high vacancy rates -- will swell to more than 100 by the end of this year.

    In the 12 months ended March 31, U.S. malls collectively posted a 6.5% decline in tenants'

    http://online.wsj.com/article/SB124294047987244803.html
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.