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+Throughout Macy's first quarter earnings name on May 13, Chief Monetary Officer Karen Hoguet addressed the company's real property strategy, suggesting that some estimates valuing its belongings have been completed "over simplistically." In accordance with its final annual report, Macy's property has a e book value of $7.8 billion.
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+Sears Holdings Corp additionally mentioned in April it plans to spin off 254 shops into an actual property funding belief next month, which it estimates will increase $2.5 billion and alleviate some liquidity issues.
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