Subject: Stock/Equity Offerings (IPO)

VertiNews.comSMSpecial ReportGeneral Growth is looking to swap a stake in its recently acquired Ala Moana Center in Hawaii for a stake in another upscale mall.

August 24, 1999EastGroup buys five propertiesTampa Bay Business Journal, August 23TAMPA – EastGroup Properties bought five industrial buildings in the Tampa area, adding 184,000 square feet to its local portfolio. The Jackson, Miss.-based real estate investment trust paid $6.2 million ...

VertiNews.comSMSpecial ReportA venture is looking for some $40 million of equity and debt in order to break ground on a massive golf-course community outside of Mexico City.

August 23, 1999Cherokee investment fund totals $260 MlnTriangle Business Journal, Aug. 23RALEIGH – Part capitalist, part environmentalist, Tom Darden has combined the two sides of his persona in a huge fund that will buy and clean up contaminated properties nationwide. ...

August 10, 1999 COLUMBIA, S.C. – Edens & Avant said it launched E&A OnSite, a property search program that allows retailers to find potential sites at the developer's properties. E&A OnSite is accessible via Edens & Avant's website, at http://www.edensandavant.com. ...

Citing unfavorable market conditions, HRPT Properties Trust said it has abandoned a plan to sell its senior housing assets through an initial public offering.

VertiNews.com Special ReportMobileVest Inc. plans to build a portfolio of up to $100 million of mobile-home parks in Florida as a prelude to an initial public offering.

July 30, 1999 PALO ALTO, Calif. – Essex Property Trust Inc. (NYSE:ESS) privately placed $50 million of Series D cumulative redeemable preferred units with institutional investors.Essex, an apartment REIT, sold 2 million units in its operating partnership for $25/unit. They ...

July 29, 1999 SALT LAKE CITY – JP Realty Inc. (NYSE: JPR) said its affiliated operating partnership, Price Development Co. LP, completed a $95 million private placement with two institutional investors.Price Development issued 3.8 million of its 8.95 percent Series ...

July 28, 1999 BIRMINGHAM, Ala. – Colonial Properties Trust (NYSE: CLP) said its board approved a $50 million common stock repurchase program..The repurchase program comes on the heels of a similar program under which the REIT has so far bought ...