Agency Cost
An agency cost is an inefficiency that arises when there are differences in the motivations and access to information between…
Real Estate Investment Trusts that acquire, develop, manage, and dispose of retail properties including malls, outlet centers, strip malls, restaurants, and community shopping centers, among other retail related properties. The retail property industry involves the ownership, operation, and management of retail properties, which are buildings or structures that are used for the sale of goods and services to consumers. Retail property companies may own and operate a range of retail properties, from shopping malls and department stores to standalone retail stores and outlets. The industry is closely tied to the broader retail sector and can be affected by factors such as consumer spending, competition, and economic conditions.