Equity One to buy IRT
Oct 29, 2002, From staff and wire reports
North Miami Beach-based Equity One Inc. and Atlanta-based IRT Property Co. have entered into a definitive merger agreement, whereby Equity One will acquire...
GGP hits record FFO,buys LA mega-mall
Oct 28, 2002, From staff and wire reports
General Growth Properties Inc. (GGP) recorded a 14.6% increase in Funds from Operations (FFO) per share for the quarter ended September 30, 2002, hitting...
Taubman buys outDolphin Mall stake
Oct 28, 2002, From staff and wire reports
As of today, Bloomfield Hills, Mich.-based Taubman Centers Inc. now owns 100% of the Dolphin Mall in Miami, Fla. It acquired Miami-based partner Swerdlow...
It's official:DDR snaps up JDN
Oct 5, 2002, From staff and wire reports
Cleveland-based Developers Diversified Realty (NYSE: DDR) and Atlanta-based JDN Realty Corp. (NYSE: JDN) have entered into a $1.02 billion merger agreement,...
Westfield/Prudential plcform JV
Oct 3, 2002, From staff and wire reports
Westfield America Trust (WFA) and British-based Prudential plc announced today that they have entered into a letter of intent for Westfield America to...
GGP starts $200 million Iowa mall
Oct 1, 2002, Ben Johnson
General Growth Properties Inc. celebrated its Iowa homecoming on September 23 with a groundbreaking ceremony for the 200-acre, $200 million Jordan Creek...
WALL STREET still likes retail REITs
Oct 1, 2002, BY MIKE FICKES
REIT shares have been standout performers in a withering bear market. But among the REITs, retail issues are the break-away winners. According to the...
GGP starts $200 millionIowa project
Sep 23, 2002, -- by Ben Johnson, Editor-in-Chief
General Growth Properties Inc. (NYSE: GGP) is celebrating its "Iowa homecoming" today with a groundbreaking ceremony for the 200-acre, $200 million Jordan...
Edens & Avant, Samuelscomplete Konover buyout
Sep 20, 2002, by Ben Johnson, Editor-in-Chief
Edens & Avant and Samuels & Associates have finalized their purchase agreement for 36 Konover shopping centers in New York, New Jersey, Pennsylvania and...
GGP pays $72 millionfor La. mall
Sep 13, 2002, — by Ben Johnson, Editor-in-Chief
General Growth Properties (GGP), the nation’s second-largest mall REIT, today acquired Pecanland Mall in Monroe, La., for about $72 million. GGP purchased...
