Mall REITs Hit Hard by Rate Hikes

Abrams, Sandra Lea
May 2005
Investment Dealers' Digest;5/9/2005, Vol. 71 Issue 18, p15
Trade Publication
Reports on the effect of the rate increase announced by the U.S. Federal Reserve Board on shopping mall real estate investment trusts (REIT). Average debt-to-capital ratio for mall REIT; Downgrade of the debt of General Growth Properties Inc.; Reliance of the company on floating-rate debt.


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