THE MACERICH COMPANY (MAC)

Trading terms

Trading hours (UTC)
Monday: 11:00 - 00:00
Tuesday - Friday: 00:00 - 00:30, 11:00 - 00:00
Saturday: 00:00 - 00:30

News

About

The Macerich Company is a self-administered and self-managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership, development, redevelopment, management, and leasing of regional shopping centers located throughout the United States. The Company owns ownership interests in The Macerich Partnership, L.P. (the Operating Partnership). The Company, through its operating partnership, owns ownership interests in 51 million square feet of real estate consisting primarily of 47 regional shopping centers. The Company's properties are concentrated in California, Arizona and the eastern United States including Santa Monica Place, Scottsdale Fashion Square, Queens Center, Kings Plaza, Tysons Corner Center and Fashion Outlets of Chicago.

http://www.macerich.com/

Activity

Macerich is an American investment trust that invests in malls. In terms of real estate, it is the third largest owner and operator of malls in the United States. It has been operating since 1964.

Statistics

As of 2020, Macerich had stakes in 52 major US malls. Their total area is approximately 4.6 million square meters.

Investments and shares

MaceRich Real Estate Company received the status of a public company in 1994. As a result of the IPO, its shares were listed on the New York Stock Exchange. In the future, attracted investments allowed it to effectively expand by acquiring local shopping centers.

Macerich shares are currently listed on the NYSE under the ticker MAC. The company's shares are a component of the S&P 400 stock index.

Basically, large institutional investors invest in the company's assets - they own about 85.3% of the total number of issued shares. However, securities are also available for investment/trading to individuals.

How to buy shares of Macerich?

Just2Trade provides access to stock trading to trade MAC shares on the New York Stock Exchange. To gain access to trading: