New Plan Realty Trust
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Profile
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New Plan Realty Trust, owns, directly or through its subsidiaries, fee or leasehold interests in shopping centers primarily in the eastern half of the United States, as of March 31, 1999. In addition, it had mortgage interests in various shopping centers. The company qualified as real estate investment trust (REIT) under Internal Revenue Code of 1986. As a REIT, it was not subject to federal income tax with respect to that portion of its income that was distributed to its shareholders.
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General information
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Organization nameNew Plan Realty Trust
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Organization statusOperating organization









