(Top Pick Jul 08/13, Up 13.11%) Class ‘A’ properties in malls. No new malls being built in the US on the high end. Limited supply. Spending is coming back. REITs have done well in the last 12 months. 3.7% yield. This is the perfect environment for REITs.
Yield still continues to be important. High quality shopping malls in and around the US. They will do very well as the economy continues to improve. There is a lack of class A properties for shopping malls in the US.
Macerich Co. is a American stock, trading under the symbol MAC-N on the New York Stock Exchange (MAC). It is usually referred to as NYSE:MAC or MAC-N
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In the last year, there was no coverage of Macerich Co. published on Stockchase.
On 2024-12-13, Macerich Co. (MAC-N) stock closed at a price of $21.5.