An article in the Wall Street Journal (via Reuters) reports that General Growth Properties islooking at placing some of its marquee malls in joint-venture dealsto pay off the REIT's $18.7 billion of debt.High-end assets thatthe company owns outright, such as Fashion Show Mall and the GrandCanal Shoppes in Las Vegas and Ala Moana Center in Honolulu, couldend up as candidates, the article says. Bernie Friedbaum, GeneralGrowth's CFO is quoted saying that the firm is approachinglife-insurance companies and pension funds.High-endmalls still seem to be performing well, as of many mall REITs'latest quarterly reports. General Growth's portfolio occupancyincreased last year, albeit slight, to 93.8% to 93.6%. SimonProperty Group, the largest US mall owner, posted strongresults during its most recent quarter.For years we'veheard that lifestyle centers and other property types would eclipsemalls, but the latter developments have held on, and some of themhave thrived. Do you see investor interest in malls waning becauseof lagging retail sales and problems in the economy, or willGeneral Growth find the investors it is looking for based on thestrength of its properties?

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