The attached article from Bloomberg helps to characterize the pending probelms the retail sector is going to continue to have as the credit markets continue to contract. Investors across the board are going to see shrinking yields as they cede ground to retailers, in hopes of keeping the lights on in shopping districts. Unfortunately for many, this will not be enough and a large number of shopping centers and retail properties will go into default due to the number of retailer bankruptcies and closings. Check out the latest article about retail rents here.
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