A tale of two REITs
Jun 1, 2002, By Beth Mattson-Teig
Two retail REITs made a splash on Wall Street in recent months, but for different reasons. Rockville, Md.-based Federal Realty Investment Trust surprised...
Macerich fortifies West Coast franchise with Westcor purchase
May 31, 2002, — staff and wire reports
The rumors from ICSC’s 2002 Spring Convention were proved true today when The Macerich Co. officially announced its purchase of Westcor — due to finalize...
Analysts: GE Capital poised to acquire Regency Centers
May 17, 2002
GE Capital this week acquired 59% of Jacksonville, Fla.-based Regency Centers, the nation’s largest owner of grocery-anchored neighborhood centers. Analysts...
DDR Venture to handle Service Merchandise stores
May 13, 2002
A joint venture that includes Developers Diversified Realty (DDR) recently bought the rights to handle the disposition of 227 Service Merchandise stores...
Mills to buy Simon’s share of joint ventures
May 1, 2002, Staff and wire reports
Arlington, Va.-based The Mills Corp. announced late Wednesday that it will buy all of Simon Property Group’s interests in five jointly owned retail properties....
Sporting highest credit rating of any REIT, Weingarten reports healthy first quarter numbers
Apr 30, 2002, Staff and wire reports
Weingarten Realty Investors today announced strong earnings for the first quarter, prompting praise for the company’s performance from analysts, some...
Westfield finalizes $756 million transaction
Apr 29, 2002
Westfield America has completed its $756 million acquisition of nine regional malls from The Richard E. Jacobs Group. The deal, first announced in December,...
Heritage Property Investment Trust pulls off a successful IPO
Apr 26, 2002
In a sign of the strong market for grocery-anchored retail properties, Boston-based shopping center owner Heritage Property Investment Trust pulled off...
Rodamco shareholders approve deal with Simon, Rouse, Westfield
Mar 25, 2002, Staff and wire reports
Rodamco North America’s shareholders today approved the Dutch company’s plans to sells its assets to Westfield, Simon Property Group and The Rouse Co....
Major Kmart landlord seeks to sell off its assets
Mar 20, 2002, Staff and wire reports
Major Kmart landlord Malan Realty Investors today announced that its board wants to liquidate all the REIT’s assets, including 58 properties with a total...
