BUSINESSWEEK ONLINE : JUNE 19, 2000 ISSUE
BUSINESSWEEK INVESTOR

Hot Properties


                          --SHARE PRICE--
REIT/SYMBOL               JUN. 2    52-WK.    COMMENTS
                                    LOW

AVALONBAY COMMUNITIES AVB $39.88   $30.88    Launched $70 million
                                             project in Arlington,
                                             Va.

BOSTON PROPERTIES BXP      35.44   27.25     Eyeing Rockefeller
                                             Center purchase

CROWN AMERICAN REALTY CWN   5.06    5.00     Owns midscale shopping
                                             malls

ESSEX PROPERTY TRUST ESS   39.94   29.06     Snapped up two Silicon
                                             Valley apt. buildings

GENERAL GROWTH             31.38   25.00     Bought Hawaii's larg-
 PROPERTIES GGP                              est mall

LA SALLE HOTEL             14.19   10.81     Operates luxury hotels
 PROPERTIES LHO

MERISTAR HOSPITALITY MHX   19.56   14.44     Beat first-quarter
                                             earnings estimates

SIMON PROPERTY GROUP SPG   24.50   20.44     Showing Turner
                                             Broadcasting programs
                                             in malls

SL GREEN REALTY SLG        24.75   17.63     Operates New York
                                             buildings

SPIEKER PROPERTIES SPK     46.18   32.25     Sees explosive rise in
                                             Bay Area rents

TAUBMAN CENTERS TCO        11.06    9.75     Owns part of
                                             fashionmall.com


DATA: Business Week


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