The ICSC Blog

January 20, 2011
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Department Store Chain Dillard’s to form REIT

image source: http://bit.ly/hKlFiO Department store chain Dillard’s plans to capitalize on its valuable real estate holdings, separating them from its retail operations and putting them into a separate real estate investment trust. The Arkansas-based retailer told the SEC it plans to form a wholly owned REIT to hold some of the 46.4 million square feet…