REIT Roller Coaster
Nov 1, 2005, David Bodamer
After back-to-back years with 30 percent gains, REIT stocks finally appear to be showing signs of flagging. While retail REITs are still performing better...
Risky Business
Nov 1, 2005, Joe Gose
Grocery-anchored centers built a reputation as the most rock-solid type of retail real estate investment, which throw off steady returns in good or bad...
Kimco Searches High and Low for Yield
Oct 26, 2005
How hungry are real estate investors for yield these days? Take a look at what shopping center REIT Kimco Realty Corp. is doing. The New Hyde Park-based company, with a 116-million-square-foot retail portfolio has turned to net-leased industrial properties in Mexico, its latest divergence from its core business as it tries to maximize returns. The company announced during its third quarter conference call Tuesday that it has formed a joint venture with American Industries, one of the largest owners of industrial property in Mexico. Kimco paid $55 million to acquire a 50 percent interest in 57 net-lease industrial and distribution buildings. ...
Equity One Tries Again
Oct 13, 2005
Equity One Inc. last night formalized its pursuit of DIM Vastgoed N.V., a Dutch company that owns 17 properties in the southeast, by submitting a buyout offer of $20.50 per share in cash -- for a total of about $200 million. But, like its failed effort in August to take over Cedar Shopping Centers portfolio in the northeast, DIM's board has called Equity's offer too cheap. ...
Equity One Shops For Portfolio
Oct 1, 2005
Equity One Inc. came to the Philadelphia ICSC Deal Making conference in September, shopping for properties. The Florida-based firm is interested in snagging...
THE NEW REIT REALITY
Oct 1, 2005, By David Bodamer
Has pricing on retail real estate finally gotten too rich for REITs? While acquisitions seem to be continuing at a dizzying pace, driven by private equity...
DDR Enters The Net Lease Business
Aug 11, 2005
The Developers Diversified Realty Trust acquisition of the real estate underlying 36 Mervyn's stores demonstrates the complexity emerging in retail investments. ...
Friends in High Places
Aug 1, 2005, By David Koch
How do you grow in 12 years to become the third largest retail real estate owner with over 470 properties? With money, and lots of it. You can always...
Galileo Arrives
Aug 1, 2005, David Bodamer
Galileo America LLC, a U.S.-based joint venture backed by Australian capital, has emerged with 121 shopping centers totaling 16.7 million square feet...
REITs Get Cloudy
Aug 1, 2005, David Bodamer
A two-week rally in July sent the Morgan Stanley REIT Index up 6 percent, bringing the increase so far this year to 12.3 percent compared with a 1.9 percent...
