Subject: REITS -general (REITS)

November 30, 2000 TORONTO – Morguard Real Estate Investment Trust (TSE:MRT) has agreed to buy the remaining 50 percent interest in the St. Laurent Centre in Ottawa from Sears Canada for about C$109 million (US$70.6 million).Morguard is assuming C$67.5 million ...

November 30, 2000ROCKVILLE, Md. – Andrew P. Blocher has joined Federal Realty Investment Trust (NYSE:FRT) as vice president of investor relations and finance.Blocher will direct the company's investor relations activities, developing and managing the company's relationships with equity and fixed-income ...

November 30, 2000 ATLANTA – Lee S. Wielansky, head of investments for Regency Realty Corp. (NYSE:REG), has been named president and chief executive of JDN Development Co., the development arm of JDN Realty Corp. (NYSE:JDN)Wielansky co-founded and was chief executive ...

November 29, 2000 JACKSONVILLE, Fla. – Rayonier (NYSE:RYN), a company that owns 2.4 million acres of timberland in the United States and New Zealand, has abandoned an idea to form a timberland REIT."We determined that the economic penalties associated with ...

November 29, 2000 TORONTO – Canadian Apartment Properties Real Estate Investment Trust has agreed to sell 2.65 million shares to a syndicate of eight underwriters for C$11.45 per unit, or C$30.3 million (US$19.7 million).RBC Dominion Securities Inc. is leading the ...

November 28, 2000 Criimi Mae (NYSE:CMM) has received the final go ahead for its reorganization plan.Judge Duncan W. Keir of the Bankruptcy Court for the District of Maryland has signed the final order confirming the plan, which calls for the ...

November 28, 2000 BINGHAM FARMS, Mich. – Malan Realty Investors Inc. (NYSE:MAL) said a lawsuit filed by the REIT's former president and chief executive is ""without merit," and it would "defend itself vigorously."The REIT was responding to a suit filed ...

November 27, 2000 NEWPORT BEACH, Calif. – Pacific Gulf Properties Inc. (NYSE:PAG) has completed the first leg of a massive sale of industrial properties to CalWest Industrial Properties LLC.CalWest, which is a venture between the California Public Employees Retirement System ...

November 27, 2000 MANHATTAN BEACH, Calif. – Center Trust Inc. (NYSE:CTA) has sold two community shopping centers, Torrance Promenade and Pomona Gateway Center, to Kimco Income REIT.The sales effectively complete the REIT's previously reported sale of six shopping centers to ...

November 27, 2000 CRANFORD, N.J. – Mack-Cali Realty Corp. (NYSE:CLI) has sold its sole Nebraska property, the Brandeis Building in Omaha, for $12.5 million.The REIT sold the 319,500-square-foot property to TCI Brandeis LP. The 106-year-old building's main tenant is Union ...