• Return to Headlines

Simon Property has the Highest Level of Cash in the Retail REITs Industry (SPG, GGP, NNN, ALX, KIM)

By David Diaz

Below are the three companies in the Retail REITs industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.

Simon Property ranks highest with a CE of $560. General Growth Properties is next with a CE of $475. National Retail Properties ranks third highest with a CE of $295.

Alexander's follows with a CE of $289, and Kimco Realty rounds out the top five with a CE of $142.

SmarTrend recommended that its subscribers protect gains by selling shares of Kimco Realty on August 16th, 2016 by issuing a Downtrend alert when the shares were trading at $29.98. Since that call, shares of Kimco Realty have fallen 39.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest level of cash simon property General Growth Properties national retail properties alexander's kimco realty