TITLE

More Deals Likely For Mall REITs

AUTHOR(S)
Abrams, Sandra Lea
PUB. DATE
September 2004
SOURCE
Investment Dealers' Digest;9/13/2004, Vol. 70 Issue 35, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the existence of the opportunities stateside in the real state investment trade. After a flurry of recent acquisitions in the real estate investments trust mall sector, three giant players have emerged--Simon Property Group Inc., General Growth Properties Inc. and the Westfield Group. But that doesn't mean consolidation is over for mall REITs. Perhaps she most visible candidate for acquiring or being acquired is Bloomfield Hills, Michigan-based Taubman Centers, itself the target of two hostile takeover attempts in the past, one by Indianapolis-based Simon Properly, and the other by Westfield America, a unit of Australia's Westfield Group.
ACCESSION #
14419986

 

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