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Macerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point
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The RegistryMacerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point
Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall portfolio. Macerich is doubling down on the Class A mall thesis. The Santa Monica-based REIT released an updated Path Forward Plan on June 1, lifting the upper end of its 2028 funds-from-operations target to $2.00 per share and signaling that what began as a turnaround in 2024 has hardened into an…
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