The ICSC Blog

January 20, 2011
Comments Off

Department Store Chain Dillard’s to form REIT

image source: 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…