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  "documentTitle": "Target Corporation (TGT)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
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  "presentationDate": "2008-10-29 00:00:00",
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  "notes": "The table highlights TIP REIT's unique 'Land-only' and 'Master Lease' structure compared to the 'Land and Building' and 'Individual Leases' of peers.",
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      "text": "Net Debt + Preferred / EV: 8.6%",
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      "text": "Source: Company filings. (1) Represents 2008E Target Corp stores... (2) Triple net lease REITs are based on a 20-day trading average... (3) Extension option detail not disclosed... (4) Based on 2007A (5) Based on 2009E",
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      "text": "Comparison table of TIP REIT vs Realty Income, National Retail Properties, and Entertainment Properties Trust",
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