What Equity Office Means for Retail REITs
Nov 22, 2006, By Elaine Misonzhnik
As private equity firms have been gobbling up office and residential REITs over the past two years, the conventional wisdom in the shopping center industry has been that retail REITs were too complex for even the most gung-ho buyout investors. And, with retail REIT shares trading at or near their highs (mostly), there seemed few opportunities for the private-equity players to snap up assets on the cheap, restructure and flip, their preferred modus operandi. ...
GE Capital and Trustreet: Two Trends in One
Nov 1, 2006, Elaine Misonzhnik
Two trends converged Monday with the announcement of the proposed $3 billion acquisition of Trustreet Properties, a net lease REIT that specializes in restaurant properties, by the Franchise Finance division of GE Capital Solutions....
DDR's Sunshine Deal
Nov 1, 2006, Riccardo A. Davis
In late October, Developers Diversified Realty Trust, sprung on the largest retail real estate deal in two years by reaching an agreement to purchase Inland Retail Real Estate Trust Inc....
Can't Stop, Won't Stop
Nov 1, 2006, By David Bodamer
This was supposed to be the year the retail REIT rally finally ended. Cap rates on retail properties have held steady (and even risen in some markets) for the first time since 2001...
Kimco Strikes Again
Nov 1, 2006
Before its last big deal could even close, Kimco Realty Corp. announced another. ...
Gazit Snaps Up Mills Shares
Oct 25, 2006
The struggling Mills Corp. has found an unlikely champion in Chaim Katzman, the outgoing CEO of shopping center REIT Equity One Inc....
DDR's Plows Route to the Sun Belt via Inland
Oct 25, 2006
Developers Diversified Realty Trust's proposed $6.2 billion purchase of Inland Retail Real Estate Trust will bolster the REITs presence in the Southeast....
Developers Diversified Bolsters Sun Belt Presence
Oct 23, 2006
Developers Diversified Realty Trust, has sprung on the largest retail real estate deal in two years by reaching an agreement to purchase Inland Retail Real Estate Trust Inc....
Federal in Boston
Oct 1, 2006, Elaine Misonzhnik
Federal Realty Investment Trust's $150 — million purchase of three Boston properties from Eastern Development announced in September bolsters the Rockville, Md. — based REIT presence in the region....
Vornado's Toy Hobby
Oct 1, 2006
Vornado Realty Trust, one of the three partners that bought out Toys ‘R’ Us for $6.6 billion last year, has agreed to purchase up to 44 previously closed stores for up to $190 million....
