FPL Associates L.P.: Proxies Reveal Real Estate Compensation Growth Flat Amidst Mixed Performance

FPL Associates L.P. has completed its sixth annual Top 100 Analysis, based on the proxy filings of the 100 largest publicly traded real estate companies as measured by equity market capitalization (the “Top 100”). This study is the first of its kind within the industry to analyze year-over-year compensation trends for only those executives who have remained employed in the same position between years, in order to provide an accurate trend analysis.... 

Price Legacy Corporation Declares Series 1 Preferred Stock Dividend

Price Legacy Corporation announced today that its Board of Directors declared a dividend of 29 cents per share payable on August 15, 2008 to Price Legacy 6.82% Series 1 Cumulative Redeemable Preferred (OTC: PLREP) shareholders of record on August 8, 2008. The Company is a subsidiary of PL Retail LLC, a joint venture between Kimco Realty Corporation (NYSE: KIM) and clients of DRA Advisors LLC.

Explosion: Government sets in motion machinery to investigate the cause.

Vice president Moody Awori has urged Kenyans to stay calm assuring them that the government was doing everything possible to establish the cause of the explosion. Speaking after he visited the site of Monday morning’s bomb explosion in Nairobi, Awori said the government has set in motion its machinery to investigate and apprehend those behind the incident. He reiterated government’s commitment to ensure that all Kenyans and their property...