Vornado Rediscovers Retail
Jan 1, 2004
Vornado Realty Trust is responding to Manhattan's pent-up demand for big-box retail with plans to convert as much as 300,000 square feet of office property...
REITs Go Shopping, But What About Consumers?
Dec 17, 2003
Mall REITs finished up their holiday shopping this week. Vornado Realty Trust purchased Paramus, N.J.'s 900,000-square-foot Bergen Mall from Simon Property...
New Plan Excel's New Joint Venture
Dec 3, 2003
New Plan Excel Realty Trust and JPMorgan Fleming Asset Management announced plans to form a joint venture to buy community and neighborhood shopping centers...
TAUBMAN'S POST-WAR STRATEGY
Dec 1, 2003, Brannon Boswell
The takeover battle of the year ended with the Taubman family victorious. But how did shareholders fare? CEO Robert Taubman insists that they won, too,...
Simon Says: Ciao Italia!
Nov 19, 2003
Simon Property Group is saying "Ciao!" to Italy. The United States' largest mall owner announced plans Monday to joint venture with Italian hypermarket...
Taubman Lags Peers In Third Quarter
Nov 5, 2003, Brannon Boswell
Last week kicked off a whirlwind of third-quarter earnings calls as retail REITs rushed to announce their numbers before next week's NAREIT conference....
Tanger's Tough Buy
Nov 1, 2003, Belinda Chow
Last month, Tanger Outlet Centers made a $491 million growth play, joint venturing with private equity firm Blackstone Group to acquire nine centers from...
Simon Withdraws Hostile Taubman Takeover Bid
Oct 8, 2003
The Taubman family--once considered the underdogs in the battle for control of their coveted collection of trophy malls--are undoubtedly uncorking a bottle...
Simon May Abort Taubman Takeover Attempt
Sep 24, 2003
Simon's Taubman takeover rhetoric seems to be losing steam in the face of the Bloomfield Hills, Mich.-based REIT's recent court victory in its home state....
Glimcher Back In The Game
Sep 1, 2003, Howard Reill
After a five-year hiatus, Columbus, Ohio-based REIT Glimcher Realty Trust is buying malls again. With the acquisition of WestShore Plaza Mall from Grosvenor...
