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  "documentTitle": "Mall REIT sector (long General Growth Properties) (GGP)",
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  "authorName": "William Ackman",
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  "presentationDate": "2010-05-26 00:00:00",
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  "notes": "The slide argues for further cap rate compression based on the historical spread between REIT cap rates and Baa yields.",
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      "text": "Although Mall REIT cap rates have come in from their double-digit highs, mall REITs still trade at a discount to corporate Baa yields",
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      "text": "Source: Green Street (as of 5/1/10). Most recent available.",
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