[T. P. Pole]

The bulk of its portfolio (78% of rents) is in the retail sector, where the buildings are fairly interchangeable and relatively easy to release or sell if there's a vacancy.

My first thought is that this may no longer be true (easy to release or sell) with the culture changing to work-from-home or hybrid. I know my company is aging off the leases on about 1/3 of our office space and it not replacing any time soon. Is retail going to be any better? It almost sounds like Target and Kohls are going the way of Kmart and Sears.

[Carriage Hill]

“It almost sounds like Target and Kohls are going the way of Kmart and Sears.”

I’ve been thinking that for a few months, especially with Target’s recent announcement:

https://www.fool.com/investing/2022/06/14/targets-inventory-is-a-big-problem-heres-what-inve/