Rodamco shareholders approve deal with Simon, Rouse, Westfield
Mar 25, 2002, Staff and wire reports
Rodamco North America’s shareholders today approved the Dutch company’s plans to sells its assets to Westfield, Simon Property Group and The Rouse Co....
Major Kmart landlord seeks to sell off its assets
Mar 20, 2002, Staff and wire reports
Major Kmart landlord Malan Realty Investors today announced that its board wants to liquidate all the REIT’s assets, including 58 properties with a total...
DDR joint venture buys designation rights for Service Merchandise stores
Mar 19, 2002, Staff and wire reports
A joint venture that includes Developers Diversified Realty (DDR) bought the right to handle the disposition of 227 Service Merchandise stores for $235...
Dutch court says Rodamco shareholders can vote on deal
Mar 19, 2002, Staff and wire reports
A Dutch court ruled that shareholders of Rodamco North America (RNA) can meet March 25 to decide whether the company should sell its assets to Westfield...
General Growth buys JP Realty for $1.1 billion
Mar 4, 2002, Joel Groover
General Growth Properties today announced a $1.1 billion deal to acquire JP Realty Inc. of Salt Lake City. The acquisition will add 18 malls and 26 community...
COVER STORY: Tall Order
Mar 1, 2002, Ben Johnson, Editor-in-Chief
REITs have posted surprisingly strong earnings and valuations are sky-high. Now comes the hard part -- punching out continued growth....
Analysts: 'Actions of Dutch court no real threat to Rodamco deal'
Feb 26, 2002, Joel Groover
A Dutch court acting in response to a suit from an activist shareholder group has temporarily blocked the $5.3 billion bid by three U.S. mall REITs to...
Simon Property Group reports solid earnings for quarter, year
Feb 7, 2002, Joel Groover
Showing resilience in the face of the economic downturn, Simon Property Group Inc. today reported a stronger-than-expected performance for the quarter...
TrizecHahn takes $285 million write-down
Jan 31, 2002, Staff and wire reports
TrizecHahn Corp. announced it will take a $285 million write-down against high-profile assets such as Desert Passage in Las Vegas and Hollywood & Highland...
Kimco and IRT Property hold steady as Kmart’s financial struggle unfolds
Jan 24, 2002, Erika Hutton
At least two of Kmart’s landlords say they aren’t overly concerned about the retailer’s troubles. Yet. Here are some numbers to ponder: Thirteen percent...
