Inland Keeps Growth Going With Big Buy
Jun 2, 2005
The Inland Real Estate Group of Cos. continued its aggressive expansion last week when one of its divisions, Inland Western Retail Real Estate Trust Inc., purchased 13 retail properties from Starwood Wasserman LLC for $383 million. The properties, which total 2 million square feet, are spread out over five states. Four are in California, three in Ohio and two each in Florida, Massachusetts and Rhode Island. ...
Cycling To Retail
Jun 1, 2005, Renee DeGross
After 40 years of investing in apartment communities, Hawthorne, N.Y.-based GDC Properties Inc., the investment arm of Ginsburg Development Corp., is...
REITS GET THRIFT PUSH
May 1, 2005, Patricia Kirk
Federal employees may soon have the option of adding real estate stock to their retirement fund portfolios, thanks to legislation being considered by...
HOW THE SMALL SURVIVE
May 1, 2005, By Marc Hequet
Simon Property Group and General Growth Properties both command regional mall portfolios in the neighborhood of 200 million square feet. In the strip...
TWO HOT HANDS
May 1, 2005, By Jennifer Popovec
After decades of consolidation, it has come to this: The mall industry is dominated by two gigantic companies, Simon Property Group and General Growth...
CalPERS Cuts Out
Mar 1, 2005, David Koch
In what is the largest shopping center portfolio purchase ever, Macquarie Countrywide Trust, an Australian limited property trust, and frequent joint...
REITs Largely Untouched from Winn-Dixie Bankrutpcy
Feb 24, 2005
Winn-Dixie's filing for Chapter 11 bankruptcy this week will have minimal effect on shopping center REITs, according to analysts. Even the two REITs with the greatest exposure, Equity One Inc. and New Plan Excel Realty Trust, should be relatively unharmed. ...
Australia Money Continues into U.S. while CalPERS Reloads
Feb 17, 2005
The Australian buying spree in U.S. retail real estate shows no signs of abating. In what is the largest shopping center portfolio purchase ever, Macquarie Countrywide Trust, an Australian limited property trust, and frequent joint venture partner Regency Centers on Monday announced the purchase of 101 shopping centers from the California Public Employees Retirement System for $2.74 billion. ...
Aussies Ahoy
Jan 1, 2005, David Bodamer
Kramont Realty Trust's announcement in late December that it will merge with Australia-based Centro Properties Ltd. in a $1.3 billion deal shows the growing...
Macerich Buys Itself a Holiday Gift: Wilmorite Properties
Dec 29, 2004, By Steve Bergsman
While most retail real estate firms were crossing their fingers that last-minute shoppers would help salvage a weak holiday season, The Macerich Co. was doing some shopping of its own. On Dec. 23, the company said it had emerged as the winner in the sweepstakes for privately-held Wilmorite Properties, which has been on the market for months ...
