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EXHIBIT 23.1
CONSENT OF INDEPENDENT AUDITORS
The Board of Directors
Pan Pacific Retail Properties, Inc.:
We consent to incorporation by reference in the Registration Statement
dated December 6, 2000 on Form S-8 of Pan Pacific Retail Properties, Inc., of
our report dated January 31, 2000, relating to the consolidated balance sheets
of Pan Pacific Retail Properties, Inc. as of December 31, 1999 and 1998, and the
related consolidated statements of income, equity and cash flows for each of the
years in the three-year period ended December 31, 1999, and the related Schedule
III, which report appears in the December 31, 1999, annual report on Form 10-K
of Pan Pacific Retail Properties, Inc.
/s/ KPMG LLP
San Diego, California
December 4, 2000
