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"Retail is increasingly becoming a more favorable investment product sought by investors."

The deal is valued at $309 million.

He will also look at “all programs and policies” for inefficiencies.

Industrial and office face the biggest share of potential tenant exits.

The evaluation tool of public equities is flexible, it said.

The uncertainty is adding to the industry tensions.

But rising delinquencies will open opportunities to buy distressed assets.

Deliveries of affordable units are expected to decline as demand picks up.