12/14/2012

5 Retail REITs That Currently Yield Over 7%

Retail REITs are real estate investment trusts that own and/or operate retail properties, such as malls and hotels. Retail REITs earn revenue by leasing space to retail tenants selling goods or services to the American consumer. Many retail REITs also operate retail centers on behalf of third party owners, earning a management fee.

Many trustees rely upon the REIT space as a source of income, among other purposes. Like most REITs, retail REITs have been significantly volatile over the past few years, as have their yields. Nonetheless, and because large size trusts often require diverse allocation, I prepared a screen for retail REITs that have a yield of at least 7% and a market capitalization of at least $200 million. I also included debt information on the results.

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