A sad farewell

For many investors in retail property, the end of the Christmas retail season, including the January clearance sales, is a good time to close your eyes and block your ears. What you often hear sounds awful, because after the season to be jolly always comes the season to be plagued by store closing announcements. This happens every year and everywhere in the world, without fail. Some of the store closings just amount to the prudent editing out of a few unprofitable stores from otherwise healthy p

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