While Simon Property (SPG) is poised to benefit from its efforts to support omnichannel retailing and solid balance sheet strength, high interest rates are likely to have acted as a spoilsport.
Federal Realty Investment Trust (FRT) delivered FFO and revenue surprises of -0.61% and 1.46%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Kimco's (KIM) Q1 results reflect better-than-anticipated revenues. However, a rise in interest expenses acts as a dampener.