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Sears 1Q loss narrows but sales slump continues

...the retailer prepares the roll-out of its real-estate investment trust this week to raise cash.Sears Holdings Corp. said that it expects the real estate investment trust that it is forming, Seritage Growth Properties...

http://chronicle.augusta.com/news/business/2015-06-08/sears-1q-loss-narrows-sale
Sears sales soften in 2nd quarter

...leasing back some of its buildings to a new real estate investment trust.Chairman and CEO Edward Lampert, a billionaire...sale-leaseback transaction with recently formed real estate investment trust Seritage Growth Properties. Sears created...

http://chronicle.augusta.com/news/business/2015-08-20/sears-sales-soften-2nd-qua
Market limits firm's stock

...values in the company's region, company executives told shareholders Monday. During the Augusta-based real estate investment trust's annual meeting at the Radisson Riverfront Hotel Augusta, executives said overbuilding in the South has...

http://chronicle.augusta.com/stories/1997/04/22/biz_207175.shtml
XXX Bizarre
Simon Property boosts its bid for Macerich to $16.8B

...Simon Property Group Inc., an Indianapolis real estate investment trust, went hostile earlier this month in making...based in Santa Monica, California, is a real estate investment trust that owns 51 shopping centers around the country...

http://chronicle.augusta.com/news/business/2015-03-20/simon-property-boosts-its-
Sears explores sale-leaseback deal of buildings

...selling about 200 to 300 of its buildings to boost its liquidity.The move would entail the company forming a real estate investment trust, or REIT, that would hold the stores. Sears would continue to operate in the stores by leasing them back...

http://chronicle.augusta.com/news/business/2014-11-07/sears-explores-sale-leaseb
Sears 3Q loss widens as retailer reshapes itself

...Thursday it is might sell 200 to 300 of its buildings to boost its liquidity. The maneuver would entail forming a real estate investment trust that would hold the stores. Sears would continue to operate the stores by leasing them back.At the same...

http://chronicle.augusta.com/news/business/2014-12-04/sears-3q-loss-widens-retai
Sears 4Q loss narrows, sales slide as business shifts

...percent. Both Sears and Kmart were hurt by weak consumer electronics sales.The company's plans to form a real estate investment trust are moving forward and it expects it to create and separate that company in May or June. It anticipates between...

http://chronicle.augusta.com/news/business/2015-02-26/sears-4q-loss-narrows-sale
CBS stock up almost 46 percent

...in 2015 and 2016.Those fees, plus the looming conversion of its U.S. outdoor billboard business into a real estate investment trust, are expected to generate billions in revenue that the company is expected to use to buy back shares.Last...

http://chronicle.augusta.com/news/business/2013-09-27/cbs-stock-almost-46-percen
Merry Land to pay off debt

...National Bank. The loan frees Merry Land from its debt obligations to Equity Residential, the Chicago apartment real estate investment trust that merged last year with Merry Land's predecessor, Merry Land & Investment Co. It will also save the...

http://chronicle.augusta.com/stories/1999/06/25/bus_264362.shtml
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MerryLand acquires six apartment complexes

...for $54 million. Merry Land was a partner in the properties with Equity Residential, the Chicago apartment real estate investment trust that merged last year with the local company's predecessor, Merry Land & Investment Co. The acquisition...

http://chronicle.augusta.com/stories/1999/08/24/bus_268500.shtml
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