Investing in shopping malls is quite difficult as you need to predict consumer behavior. Vs. for example investing into offices where you need to predict business behavior which is more easy.
As a supporting view here are good sites with stories and photos of dead shopping malls:
http://deadmalls.com/ http://www.buzzfeed.com/mjs538/completely-surreal-pictures-of-americas-abandoned-malls
You would not find something like this in office segment, except photos of Detroit
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