Regency's Reign
Aug 1, 2003, By Curt Hazlett
Pity the grocery chain that doesn't dominate its market. It's always been tough to turn a decent profit in a business with prosciutto-thin margins, but...
REITs Clean House
Aug 1, 2003, Howard Riell
Is another WorldCom or Enron hidden among the ranks of REITs? Corporate accounting scandals have made some investors wary of big public companies, but...
Rouse: Portfolio Pruning
Aug 1, 2003
As department stores continue to lose market share, mall owners are purging weaker-performing assets from their portfolios, a strategy The Rouse Co. has...
General Growth Same-Store NOI Up 6.5 Percent
Jul 30, 2003
Chicago-based General Growth Properties reported a 6.5 percent increase in second-quarter, same-store NOI on top of an industry-leading 6.4 percent increase...
CBL goes bi-coastal
Jul 30, 2003
CBL & Associates is following its manifest destiny with plans to develop its first West Coast mall. The Chattanooga-based REIT is joint venturing with...
Prime Retail sells for $638 million
Jul 9, 2003, Brannon Boswell
The Lightstone Group LLC, a private New Jersey-based real estate company, has entered into an agreement to buy Baltimore-based Prime Retail for $638 million,...
Simon pays $333 million for Stanford Shopping Center
Jul 2, 2003, Brannon Boswell
Simon Property Group is buying San Jose, Calif.'s Stanford Shopping Center for $333 million. According to Deutche Bank Securities, that equates to $256...
Kimco To Acquire Mid-Atlantic Realty Trust
Jun 19, 2003, Brannon Boswell
Kimco Realty Corporation Mid-Atlantic Realty Trust (MART) announced that the two companies have entered into a definitive merger agreement....
GE Capital To Sell $1.2 Billion Stake in Regency Centers
Jun 12, 2003, Brannon Boswell
Security Capital Group, a unit of GE Capital, is taking advantage of high retail REIT stock prices and unloading its 55 percent stake in Jacksonville,...
Home State Steps In To Defend Taubman From Takeover
Jun 6, 2003, Brannon Boswell
Michigan leaders are coming to the aid of hometown REIT Taubman Centers in its efforts to fend off a hostile takeover bid from Simon Property Group and...
