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Macerich Co (FRA:M6G) Other Assets for Insurance Companies


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What is Macerich Co Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


Macerich Co (FRA:M6G) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Macerich Co (FRA:M6G) » Definitions » Other Assets for Insurance Companies
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Address
401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 28 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with four power centers and seven other real estate assets. The company's total portfolio has 47.0 million square feet of gross leasable area and averaged $869 sales per square foot over the 12 months ending in December 2022.