Regency Centers Corp (REG)
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Two Good REITs: Regency Centers and Equity Residential [view article]
There are a number of solid companies in the strip center sector. AKR has been doing a considerable amount of development in the New York metropolitan area; EQY is looking to expand out of its southern concentration and the board chairman has been making large insider purchases; And, of course there is KIM, expanding into Canada, Mexico and Chile. Reits are trading at historically large discounts to NAV. ReplyEditors
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Is this a buy or a sell? Reply