Finance: REITs
Federal Realty’s prudent strategies serve it well in a tough period.
May 4, 2010, Mike Janssen
Federal Realty Investment Trust weathered the downturn primarily by sticking with tried-and-true principles of its 42-year history. ...
Simon, Brookfield in a Stand-Off in General Growth’s Reorganization
Apr 27, 2010
The bidding war between Simon Property Group and Brookfield Asset Management over the fate of General Growth Properties appears to have reached a stalemate....
Kimco Partners With Canada Pension Plan to Acquire Prime U.S. Assets
Apr 26, 2010
Kimco Realty Corp. and the Canada Pension Plan Investment Board (CPPIB) formed a joint venture to acquire class-A neighborhood shopping centers throughout the United States....
What Drives David Simon
Mar 18, 2010, Denise Kalette
David Simon doesn't like to take no for an answer. The chairman and CEO of Indianapolis-based Simon Property Group didn't grow his company into the nation's largest public real estate firm by being a shrinking violet....
General Growth Gets Extension as Team of Suitors Continues to Grow
Mar 4, 2010
After a hotly contested hearing,Judge Allan Gropper granted Chicago-based REIT General Growth Properties a four-month extension on its exclusivity period to file a reorganization plan. ...
As Tenants Show Resilience, Regional Mall REITs Feel Confidence in the Future
Mar 2, 2010
Regional mall REITs continued to get healthy in the fourth quarter of 2009 with stable sales and improved customer traffic....
The Unfolding GGP Saga
Mar 1, 2010
The fate of Chicago-based REIT General Growth Properties remains in flux as the major players that will determine its future continue to jockey for position...
General Growth’s Reorganization Plan Seen as a Rebuke to Simon
Feb 25, 2010
If, as one real estate industry observer has noted, Simon Property Group has been trying to taunt General Growth Properties into coming up with a more attractive bankruptcy resolution plan than Simon’s acquisition offer, then General Growth has risen to the challenge. ...
Shopping Center REITs Report Signs of Improvement, but Expect More Store Closings
Feb 23, 2010
Shopping center REITs turned in a respectable performance for the fourth quarter of 2009, giving credence to the notion that the worst of the downturn may be over. ...
GGP Merger Would Make Simon A Force to Reckon With For Tenants and Lenders
Feb 17, 2010
If a deal does go through, it would also make Simon Property Group a force to reckon with for tenants, vendors and lenders....
