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2 Retail REITs That Crushed Expectations in the Third Quarter

TheMotleyFool

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2 Retail REITs That Crushed Expectations in the Third Quarter

Physical retail was struggling long before the COVID-19 pandemic spread across the world. This is why when the pandemic hit, many retail real estate investment trusts (REITs) were trading like bankruptcy was imminent. However, we recently got a glimpse at the latest results from mall REIT Simon Property Group (NYSE: SPG) and outlet shopping REIT Tanger Factory Outlet Centers (NYSE: SKT).

In this Fool Live video clip, recorded on Nov. 8, Fool.com contributor Matt Frankel and Industry Focus host Jason Moser discuss the results and why they're such a positive surprise for investors.

Source Fool.com

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