Buying Spree
Jul 1, 2006, David Bodamer
The big buzz during the NAREIT conference was the proposed $8.9-billion buyout of Trizec Corp. by The Blackstone Group and Brookfield Property Corp. ...
Mills' Ills
Jul 1, 2006
With a declining financial situation industry insiders wonder whether Mills will be able to sell itself...
Partnering Up
Jul 1, 2006
In May, both Federal Realty Investment Trust and Developers Diversified Realty made new deals with joint-venture partners. ...
Popularity Contest
Jul 1, 2006, Elaine Misonzhnik
More retail developers join the race to add new uses to retail projects...
Buyers Back Away as Mills Deadline Passes
Jun 21, 2006
One measure of how dicey things are for beleaguered Mills Corp. is the inconclusive response to its invitation for takeover bids. Facing a deteriorating financial situation and investigation by the Securities & Exchange Commission, the Arlington-based developer opened up a bidding contest in May. The deadline for entries passed last week and the only news from the publicly-held REIT was a brief statement indicating that it had received responses, but declined to elaborate on how many companies expressed interest or provide any information about the bids. ...
Federal Realty and DDR Sell Properties to Institutional Partners
Jun 14, 2006
In the past week, both Federal Realty Investment Trust and Developers Diversified Realty made new deals with joint-venture partners. The transactions are part of a trend among retail REITs to sell stabilized properties into partnerships with pension funds and other institutional investors as a way to free up capital for new acquisitions and development. ...
NAREIT panel: More Privatizations En Route
Jun 7, 2006
The big buzz during the NAREIT conference this week has been the proposed $8.9 billion buyout of Trizec Corp. by The Blackstone Group and Brookfield Property Corp. According to speakers at a NAREIT panel on Tuesday, the REIT sector can expect more such deals and in all property types. ...
Agree to Disagree
Jun 1, 2006, By David Bodamer
Michigan REIT spurns unsolicited buyout bid from the private firm Compson Holding Corp....
ShopKo's Spirit
Jun 1, 2006, By David Bodamer
ShopKo agrees to sell off its real estate in one of the largest sale/leasebacks ever....
Agree to Disagree: Michigan REIT spurns unsolicited buyout bid
May 17, 2006
What started as a behind-the-scenes buyout offer has bubbled into a public war as Agree Realty Corp., a small retail REIT owning primarily single-tenant properties mostly in the Midwest, has spurned a third offer from privately-owned Compson Holding Corp. to acquire the REIT. ...
