2022 Ended With Higher Occupancy, Rent Growth In ‘A Banner Year’ For Retail REITs Shoppers are back, leasing is up, and despite a shaky economy, what one CEO called “mistakes” and several huge chains announcing widespread store closings, retail REITS posted results indicating they are besting their pre-pandemic performance.
“We enter 2023 with great momentum in our leasing pipelines, fueled by strong tenant demand as we continue to have success growing rents across our portfolio,” Regency Centers Corp. President and CEO Lisa Palmer said on a Feb. 10 earnings call in line with other Q4 results as U.S. retail vacancy… Read the full story here. | | |