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40.55470 USD
1.1647
2.96%
Last update Apr 2, 4:20 PM BST
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Day range
39.20000
40.55470
Previous close
39.39000
Open
39.37000
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CBL & Associates Properties, Inc.
40.55
1.16
2.96%

Overview

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Description

CBL & Associates Properties, Inc. is a real estate investment trust (REIT) focused on the ownership and management of retail properties across the United States. Its primary function is to acquire, develop, and manage a diverse portfolio of shopping malls and community centers. Notable for its extensive presence in small to midsized markets, CBL serves as a critical player in the retail real estate sector, providing dynamic spaces for national and local retail chains, dining, and entertainment venues. The company strategically invests in properties that enhance consumer experiences while adapting to the evolving trends in the retail environment. CBL & Associates Properties is instrumental in reshaping how communities interact with retail spaces, often including mixed-use developments that integrate housing, offices, and recreational facilities. This approach not only reinvents traditional shopping experiences but also drives foot traffic and economic activity within its locations. CBL's influence in the financial market can be observed through its ability to generate steady rental income, offering investors exposure to the retail sector's resilience and challenges. Its operations directly impact local economies and contribute to urban development, marking its significance in the real estate investment landscape.

About

CEO
Mr. Stephen D. Lebovitz
Employees
408
Address
CBL Center, 2030 Hamilton Place Blvd.
Suite 500
Chattanooga, 37421-6000, TN
United States
Phone
423 855 0001
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
United Kingdom
MIC code
XLON
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Market closed

Pre-market opens in 3 days 15 hours 57 minutes
Main market opens in 3 days 16 hours 42 minutes

15:17
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).