Company Overview

New Plan Excel Realty Trust, Inc., a real estate investment trust, engages in the ownership, management, and development of community and neighborhood shopping centers in the United States. As of December 31, 2006, the trust owned interests in 467 properties in 38 states, including 289 wholly-owned properties and 177 properties held through unconsolidated joint ventures. These properties include 453 community and neighborhood shopping centers with approximately 67.6 million square feet of gross leasable area (GLA), and 14 related retail assets with approximately 0.7 million square feet of GLA. As a REIT, the trust is not subject to federal income tax to the extent that it distributes at leas...

New Plan Excel Realty Trust, Inc., a real estate investment trust, engages in the ownership, management, and development of community and neighborhood shopping centers in the United States. As of December 31, 2006, the trust owned interests in 467 properties in 38 states, including 289 wholly-owned properties and 177 properties held through unconsolidated joint ventures. These properties include 453 community and neighborhood shopping centers with approximately 67.6 million square feet of gross leasable area (GLA), and 14 related retail assets with approximately 0.7 million square feet of GLA. As a REIT, the trust is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. New Plan Excel Realty Trust was founded in 1972 and is based in New York, New York. As of April 19, 2007, New Plan Excel Realty Trust Inc. is a subsidiary of Centro Properties Group.

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