Subject: REITS -general (REITS)

February 15, 2001 LOS ANGELES – Westfield America Trust, the Australia-based parent of Westfield America Inc. (NYSE:WEA), has agreed to buy all of the outstanding common shares of the shopping mall REIT that it and its affiliates do not already ...

February 15, 2001 (NewsTraders.com) – A.G. Edwards & Sons analyst Art Havener today lifted his rating on Great Lakes REIT (NYSE:GL) to buy from maintain today, in a move prompted by valuation.Havener said shares of Great Lakes REIT are trading ...

February 15, 2001 (NewsTraders.com) – Friedman Billings Ramsey & Co. analyst Merrill Ross lowered her rating on Cornerstone Realty Income Trust (NYSE:TCR) to accumulate from buy today in a move prompted by a negative near-term supply outlook.The downgrade comes after ...

February 15, 2001 BETHESDA, Md. - First Washington Realty Trust Inc. (NYSE:FRW) anticipates closing on its sale to affiliates of U.S Retail Partners LLC, a joint venture of California Public Employees' Retirement System and National Retail Partners LLC, the week ...

February 15, 2001 ROCKVILLE, Md. – The trustees of Federal Realty Investment Trust (NYSE:FRT) have promoted Donald C. Wood to president and chief operating officer.Prior to his promotion, Wood served as the company's senior vice president and chief operating officer.Steven ...

February 14, 2001 NEW YORK - Standard & Poor's has assigned its triple-B-rating to Shurgard Storage Center Inc.'s $200 million senior unsecured notes due 2011.The company's triple-B senior unsecured credit rating and triple-B-minus preferred stock rating were affirmed. The outlook ...

February 14, 2001 NEW YORK – First Union Real Estate Equity and Mortgage Investments (NYSE:FUR) will hold a special meeting of shareholders on March 6 to vote on the company's contract to sell most of its real estate to Radiant ...

February 13, 2001 RICHMOND, Va. – Thomas W. Toomey has joined United Dominion Realty Trust Inc. (NYSE:UDR) as president and chief executive officer as well as director of the REIT, effective Feb. 13.Toomey earlier this month resigned as chief operating ...

The talk in real estate circles is that Equity Office Properties and Boston Properties are among the finalists vying to buy at least a half interest in San Francisco's famed Bank of America tower, which is part of a three-building ...

February 12, 2001 (NewsTraders.com) – MeriStar Hospitality (NYSE:MXH) was demoted to market perform from buy by First Union Securities analyst Jeffrey Donnelly, who said the company's lackluster fourth-quarter showing influenced the change.The analyst said an unexpected share buyback effort provided ...