Subject: Earnings/Dividends (EARN)

September 14, 1999LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) declared a dividend of 39 cents/share payable Oct. 15 to stockholders of record as of Sept. 30.

September 14, 1999BINGHAM FARMS, Mich. – Malan Realty Investors, Inc. (NYSE:MAL) declared a 42.5 cents/share for the quarter ending Sept. 30 payable Oct. 20.

September 9, 1999 SAN DIEGO – Pan Pacific Retail Properties, Inc. (NYSE:PNP) today reported its Board of Directors declared a regular quarterly dividend of $0.40 per share, payable October 22, 1999, to the shareholders of record September 24, 1999. The ...

September 8, 1999LOS ANGELES – Apex Mortgage Capital Inc. (NYSE: AXM) has set a third-quarter dividend of 46 cents/share payable Oct. 15 to shareholders of record Sept. 30. The dividend is 70 percent higher than the one paid in last ...

August 26, 1999CLEVELAND – Forest City Enterprises Inc. (NYSE:FCEA) (NYSE:FCEB) reported earnings before depreciation, amortization and deferred taxes (EBDT) of $30.5 million, or $1.01 per share, compared with last year's second quarter EBDT of $27.2 million or 90 cents per ...

August 25, 1999 ATLANTA – JDN Realty Corp. (NYSE:JDN) has set a 39.5 cents/share common stock dividend payable Sept. 23 to holders of record Sept. 9. In addition, the REIT set a 58.6 cents/share dividend on its 9 3/8% Series ...

August 24, 1999 NORTHBROOK, Ill. – Grubb & Ellis Co. reported pro forma net income for the fiscal fourth-quarter ended June 30 of $1.5 million or 7 cents/share on a diluted basis, down from a pro forma net of $3.6 ...

August 23, 1999 SAN FRANCISCO – BRE Properties Inc. (NYSE: BRE) set a 39 cents/share common stock dividend payable Sept. 30 to shareholders of record Sept. 10.In addition, the REIT sets a 53.125 cents/share dividend on its 8.5% Series A ...

August 23, 1999 WASHINGTON – REITS continued showing strong financial growth in the second quarter. The National Association of Real Estate Investment Trusts said funds from operations for REITs rose an average of 12 percent in the second quarter, compared ...

August 20, 1999 CLEVELAND – Developers Diversified Realty Corp. (NYSE: DDR)set a 35 cents/share common stock dividend payable Oct. 4 to holders of record Sept. 15.The REIT set the following preferred share dividends:Preferred Class A: 59.375 cents/sharePreferred Class B: 59 ...