Why I'm Not Investing in Malls
There was a time when the idea of owning mall REITs (real estate investment trusts) was something I could get excited about. And to be clear, there are still plenty of opportunities to get into that particular space. Simon Property Group (NYSE: SPG), for example, has had a solid month so far, and as the largest mall operator in the country, there's plenty of reason to believe it's in a strong position to recover from the pandemic.
But for the most part, I'm very iffy on malls right now. Here's why.
Image source: Getty Images.
Source Fool.com
