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February 22, 2001 PARAMUS, N.J. – AmeriCold Logistics, a cold-storage company that is owned by affiliates of Vornado Realty Trust (NYSE:VNO) and Crescent Real Estate Equities Co. (NYSE:CEI), has restructured leases with the two REITs, reducing this year's annual rent ...
The REIT has entered into exclusive negotiations with the Port Authority of New York and New Jersey. Its winning bid amounts to $3.25 billion, but details about how it will finance its purchase have yet to emerge.
February 22, 2001 Post Properties Inc. and one of its limited partnerships, Post Apartment Homes, have registered to sell up to $366 million of common stock, depositary shares representing preferred stock and debt securities.SunTrust Bank is the trustee for the ...
February 21, 2001 Two shareholder complaints have been filed in Los Angeles County Court seeking to stop Westfield America Inc. (NYSE:WEA) from selling to its Australian parent for $16.25/share.The U.S.-based mall REIT last week accepted the $720 million buyout offer ...
February 21, 2001 BEVERLY HILLS, Calif. – A group led by the president and chief executive of G&L Realty Corp. (NYSE:GLR) has upped its offer to buy all the shares in the company that it didn't already own to $11/share ...
February 21, 2001CHARLOTTE, N.C. - Asset Management Technologies Inc. has finalized its contract with Highwoods Properties Inc. (NYSE:HIW) to streamline lease documents.The company will administer the project by using its lease administration and document management system, AMCProlease. It will electronically ...
February 20, 2001CHICAGO – Equity Office Properties Trust (NYSE:EOP) has named Donald Huffner regional senior vice president of the company's Atlanta region. Huffner, who is returning to Equity Office after a five-year absence, will be responsible for the REIT's 11 ...
(NewsTraders.com) – Seeing little upside for shares of Westfield America (NYSE:WEA), Robertson Stephens analyst Jay Leupp downgraded the stock Tuesday to market performer from long-term attractive.Leupp's move is due to a recent agreement with Westfield's Australian parent, Westfield America Trust, ...
February 20, 2001 (NewsTraders.com) – TrizecHahn (NYSE:TZH) moved up to market outperformer from market performer at Goldman Sachs on Tuesday, in anticipation that company management will make a strong presentation to investors in New York and Toronto over a two ...
Mitsubishi Estate Co. and Mitsui Fudosan Co. will be the first out of the gate with publicly traded Japanese REITs, a vehicle that became legal in that country late last year.
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