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No. of Recommendations: 4
SPG was part of the first podcast:
https://www.fool.com/podcasts/marketfoolery/

They were more or less dogging the idea.
They seemed to be saying the synergies of the anchor stores and the smaller remora stores will be lacking when AMZN moves in,.since AMZN will not offer anything to draw customers to the mall, and keep customers in the mall.

AMZN, I assume, would rent the space. The mall owners would get enough income that the mall would limp slowly along? Sorta like the churches that have moved in?

A 12% dividend implies that there is significant risk?
Anchor stores have been slowly dying for years. COVID-19 has been a major stressor, especially on the smaller remora stores. Slow growth means low reward. For me the dividend doesn't balance the risk. I'm out.

😷
ralph
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