/biz/ - Business & Finance

>>22336445
If the REIT guy is still in here I'll shill SPG.

People will say malls are about to die but they are really about to be repurposed into luxury goods sellers and fulfillment centers for companies like Walmart, Amazon and Target. First day delivery is the most important thing in the universe right now, fulfillment centers have to be expanded into the suburbs to achieve this. Empty Sears, JCPenney etc. stores can become these centers.

SPG has become a brilliant buyer of luxury goods stores that have went bankrupt during the pandemic. Basically google it but its a lot. They are going to take certain malls and reimagine them as places the rich go to shop for fine things.

https://www.nytimes.com/2020/09/08/business/retail-bankruptcy-authentic-brands.html

If either of these things happen or both you could see 100% gain in 5 years + a 1.5$ dividend every quarter.

Hope this helps!