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Strategies & Market Trends : Commercial Real Estate tic.............tic,,, -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (146)12/23/2008 10:02:37 PM
From: Perspective  Read Replies (1) | Respond to of 442
 
Based on this alone

finance.yahoo.com

it appears they bought it all in 2007. Ouch. However, they also don't appear that terribly levered.

`BC



To: Smiling Bob who wrote (146)12/29/2008 12:52:52 PM
From: Smiling Bob  Read Replies (3) | Respond to of 442
 
REITs lower after SL Green cuts dividend
By John Spence
Last update: 12:16 p.m. EST Dec. 29, 2008
Comments: 1
BOSTON (MarketWatch) -- Shares of real estate investment trusts traded lower Monday on fears the sector will continue to face headwinds in 2009. SL Green Realty Corp. (SLG:
sl green rlty corp com
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Last: 25.82-1.40-5.14%
12:37pm 12/29/2008
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SLG 25.82, -1.40, -5.1%) after Friday's closing bell said it was cutting its dividend to conserve cash, and the stock was down 5% in midday trading on Monday. In the REIT sector, Macerich Co. (MAC:
MAC
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MAC, , ) lost 15% at last check, Developers Diversified Realty Corp. (DDR:
DDR
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DDR, , ) shed 10%, General Growth Properties Inc. (GGP:
GGP
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GGP, , ) was off 7% and ProLogis (PLD:
PLD
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PLD, , ) lost 6%. End of Story