News on Retail REITs

Simon Properties General Growth

2010-02-16T17:00:44Z

People sit at tables at the Stanford Shopping Center, a Simon Property Group property in Palo Alto, Calif., Tuesday, Feb. 16, 2010. Simon Property Group, the nation's largest shopping mall owner, made a $10 billion hostile bid Tuesday t...

SIMON GGP MALLS

2010-02-16T16:46:34Z

Map locates shopping mall titans Simon Property Group Inc. and General Growth Properties Inc.

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Facts on Simon Property and General Growth

2010-02-22T09:10:05Z

<div id="subtitle">A look at mall owners Simon Property Group and General Growth Properties</div><div><p>Shopping mall owner Simon Property Group Inc. has made a $10 billion takeover bid for rival General Growth Properties. Here are highlights of the two real estate com...

ADDITION Simon Properties General Growth

2010-02-16T13:33:12Z

FILE - In this Feb. 22, 2007 file photo, Faneuil Hall, right, is seen at night in Boston. Faneuil Hall Marketplace is owned by General Growth Properties. The nation's largest shopping mall owner, Simon Pro...

Sector Snap: Analyst upgrades REITS

2010-02-23T21:20:18Z

<div id="subtitle">Goldman upgrades 3 REITs, saying there's a bottom within a year and a half and debt costs low</div><div><p>A Goldman Sachs analyst upgraded his view of real estate investment trusts Thursday, predicting a bottom in industry fundamentals in the next year to 18 months.</p><p>Jonathan Habermann lifted his rating on the...

General Growth Bankruptcy

2009-11-19T19:02:51Z

FILE - In this Aug. 20, 2004 file photo, shopppers stroll through Faneuil Hall Marketplace, in Boston. Mall operator General Growth Properties Inc., which filed the largest U.S. real estate bankruptcy case in history earlier t...

Macerich in joint venture in Colo. mall

2010-02-25T12:06:31Z

<div id="subtitle">Macerich, private equity firm announce joint venture in Colo. mall</div><div><p>The operating partnership of Macerich Co., a real estate investment trust that invests in shopping malls, and a private equity firm announced Thursday a joint venture in a Colorado mall.</p><p>Unde...

U-Store-It makes $161.2M from public offering

2010-02-25T18:07:57Z

<div id="subtitle">U-Store-It makes $161.2M from public offering of 32.2M common shares; plans to pay off debt</div><div><p>Self storage company U-Store-It Trust said Wednesday it made $161.2 million from a public offering of 32.2 million common shares.</p><p>The Wayne, Pa.-based company said it would use the proceeds to pay off debt and for ...

General Growth lenders lose bid in bankruptcy case

2010-02-25T21:19:03Z

<div id="subtitle">Judge dismisses lenders' motion to keep General Growth subsidiaries out of bankruptcy</div><div><p>Shopping mall operator General Growth Properties Inc. said Tuesday night that a bankruptcy judge has denied a motion by a group of lenders to keep a handful of its subsidiaries out of bankruptcy.</p><p>The ...

REIT investors move from fear to fundamentals

2010-02-26T04:43:35Z

<div><p>NEW YORK (Reuters) - Many real estate investment trusts (REITs) spent the first quarter avoiding a financial funeral, but when they report second-quarter earnings in the next weeks, some may be feeling a new sense of longevity.</p><p>What a difference $14 billion makes.</p><p>While the first-quarter earnings season was wracked by fears abou...

Weingarten Realty expands, extends tender offer

2010-02-26T15:29:57Z

<div id="subtitle">Weingarten Realty Investors expands, extends tender offer</div><div><p>Real estate investment trust Weingarten Realty Investors said Monday it has expanded an offer to repurchase outstanding notes to a total $325 million, and extended the time it's giving investors to decide on the maximum tender offer.</p><p>...

Mall operator files for bankruptcy protection

2010-03-03T03:07:40Z

<div id="subtitle">Mall operator General Growth Properties files for Chapter 11 bankruptcy protection</div><div><p>In its drive to become the second-largest owner of shopping malls in the nation, General Growth Properties Inc. racked up $27 billion in debt. At around 2 a.m. in Chicago on Thursday morning,...