Mills To Pay $1.3 Billion For GM Pension Trust Portfolio
Aug 11, 2004
Mills Corp. is paying $1.3 billion for full interests in three B-class malls and 50 percent interests in five A-Class malls controlled by General Motors Pension Trust, according to Citigroup Smith Barney analyst Jonathan Litt...
GGP Tests International Waters
Aug 4, 2004
General Growth Properties is following its peers and investing in retail properties outside U.S. borders, though at a more cautious pace than rivals Mills Corp. or Simon Property Group. The Chicago-based REIT, currently the second largest owner of U.S. retail space, announced plans this week to commit $100 million to joint ventures in Brazil and Costa Rica...
Taubman Ups Stake In Tampa Mall
Aug 1, 2004
Taubman Centers is spending $105 million to acquire an additional 23.6 percent interest in Tampa's International Plaza, bringing the REIT's total stake...
FRT Teams With ING
Aug 1, 2004
Federal Realty Investment Trust is joint venturing with a fund formed by ING Clarion Partners. The new entity aims to invest $350 million in stabilized...
GGP Goes Hollywood
Aug 1, 2004
General Growth Properties and Twentieth Century Fox inked a two-year partnership this month, solidifying a major merger between malls and movies. GGP,...
Taubman buys further into International Plaza
Jul 8, 2004
Taubman Centers is spending $105 million to acquire an additional 23.6 percent interest in Tampa's International Plaza...
Simon's New Growth Outlet
Jul 1, 2004, Brannon Boswell
Simon Property Group has shifted its expansion strategy into the premium factory outlet segment with its recent $4.8 billion acquisition of the 16.6 million-square-foot...
THE TUNE-UP ARTIST
Jul 1, 2004, Stan Luxenburg
During a recent conference call, a securities analyst asked Craig Macnab, the new chief executive of Commercial Net Lease Realty if the Orlando, Fla.-based...
Kimco Might Buy Mervyn's, Analysts Say
May 12, 2004
Kimco Realty Corp. may be in talks with Target Corp. to buy some or all of the company's Mervyn's real estate. The New Hyde Park, N.Y.-based REIT needs...
DDR Gobbles Up Private Assets
May 1, 2004, Joe Gose
Developers Diversified Realty's (DDR) acquisition of 110 retail properties totaling 18.8 million square feet from Benderson Development Co. continues...
