Subject: REITS -general (REITS)

October 19, 2000 (NewsTraders.com) – Responding to a strong quarterly showing from AvalonBay Communities (NYSE:AVB), PaineWebber analyst Jeff Olson today boosted his recommendation on the apartment REIT to "buy" from "attractive."Wednesday after market close, AvalonBay reported third-quarter funds from operations ...

October 19, 2000 An investment group based in Israel said today that it has taken a 19.9 percent stake in Equity One Inc. (NYSE:EQY), just as the REIT disclosed that it is in preliminary discussions with Centrefund Realty Corp. (TSE: ...

October 18, 2000 NEW YORK – Roger H. Kahn, who most recently headed the management operations of Grubb & Ellis New York, has joined SL Green Realty Corp. (NYSE:SLG) as senior vice president of management and construction.Kahn's hiring comes at ...

October 18, 2000 HOUSTON – Weingarten Realty Investors (NYSE:WRI) has named Lois Robinson as vice president of property management. Robinson joined Weingarten in early September from Hines, where she was vice president of retail operations.In her new position, Robinson will ...

October 18, 2000 CLEVELAND – Boykin Lodging Co. (NYSE:BOY) has appointed Joseph F. Smith as vice president of asset and tenant management.Smith has been with Boykin Management Co., holding several positions in the field and in the corporate office, including ...

October 16, 2000 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) has sold its five remaining Texas properties for $26.6 million.The properties, sold to undisclosed buyers, were: the Great Hills Trail building, with 83,000 sf in Austin, three service-center buildings ...

October 13, 2000 (NewsTraders.com) – Bear Stearns analyst Ross Smotrich cut his rating on Glenborough Realty Trust (NYSE:GLB) to "attractive" from "buy" on a slower growth outlook and the belief shares are fairly valued.Despite the rating clip, Smotrich said Glenborough's ...

October 13, 2000 CHATTANOOGA, Tenn. – CBL & Associates Properties Inc. (NYSE:CBL) has completed the sale of five community shopping centers for $15.5 million in cash. The deal was structured in two transactions that closed Sept. 21 and Sept. 28 ...

Mall REITs are undervalued, observers say, noting that while Wall Street may be bearish on the sector, many investors remain willing to wait for healthy long-term dividends.

October 11, 2000(NewsTraders.com) – Entertainment Properties Trust (NYSE:EPR) has spurned BRT Realty Trust's (NYSE:BRT) offer to purchase 1.3 million shares from the movie theater-focused company at $15 apiece, according to an amended Schedule 13D filing released today.In addition, Entertainment Properties ...