Subject: REITS -general (REITS)

April 13, 2000 JACKSON, Miss. – EastGroup Properties (NYSE:EGP) has acquired a 77,000 square-foot industrial facility in El Paso, Texas, for $2.4 million, or about $31 per sf.The 1987 building, known as the Founders Business Center, is located in the ...

April 12, 2000 ATLANTA – JDN Realty Corp. (NYSE:JDN) will not file its annual report with regulators on April 14 as it had expected because an investigation into discrepancies into certain lease and sale transactions by a special committee formed ...

Malan Realty has dug up some dirt on a member of a slate of directors that Kensington Investment is proposing for the REIT. The proxy battle has all the makings of a mudslinging brouhaha.

The glass was half-full for the most part at a daylong self-examination of the REIT industry in New York on Monday. Reasons include a battered Nasdaq, new REIT rules and an unshakable belief in solid real estate fundamentals.

April 7, 2000 By Tim Shorrock, Asian Assets Direct Managing EditorTOKYO – Real estate investment trusts are drawing intense interest from foreign investment banks and could add billions of dollars in liquidity to the stagnant Japanese market, experts on Japanese ...

April 5, 2000A group led by Steven M. Lowy has taken an 82.1 percent stake in Westfield America Inc. (NYSE: WEA).According to an amended Form SC 13D filed today with the SEC, the group holds 73.9 million shares in the ...

April 3, 2000 (NewsTraders.com) -- Prime Retail (NYSE:PRT) sagged to "market perform" from "accumulate" in the opinion of Friedman Billings Ramsey analyst Charles Post, who cited a host of difficulties, including the company's weakened fundamentals and its non-compliance with terms ...

March 28, 2000 BINGHAM FARMS, Mich. – Malan Realty Investors Inc. (NYSE:MAL) has repeated its plan to "resist" Kensington Investment Group's efforts to install five of its candidates to Malan's board, now that Kensington has initiated a proxy battle.In a ...

March 22, 2000 Japan's Ministry of Finance and Ministry of Construction have proposed legislation that will likely result in the formation of real estate investment trusts in the island nation. The two ministries have presented a bill to the Japanese ...

March 22, 2000 HOUSTON – Dana Commercial Credit Corp. and Weingarten Realty Investors (NYSE:WRI) have formed a joint venture to acquire up to $200 million of real estate assets using a "limited" amount leverage. The joint venture will primarily target ...