TITLE

Mall REITs Hit Hard by Rate Hikes

AUTHOR(S)
Abrams, Sandra Lea
PUB. DATE
May 2005
SOURCE
Investment Dealers' Digest;5/9/2005, Vol. 71 Issue 18, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
16976023

 

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