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Macerich Targets 9% to 11% Yield on Mall Deal Due by Year-End
Macerich is planning to close an off-market mall acquisition by the end of 2026, anticipating a stabilized yield of 9% to 11%. The company intends to fund the purchase using part of its $372 million unsettled forward equity pool. This acquisition is expected to boost funds from operations (FFO) per share in both 2027 and 2028, and also reduce leverage.
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Source: Alpha VantageRead at www.tokenpost.com
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