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EXHIBIT 23.2
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Pan Pacific Retail Properties, Inc.:
We consent to incorporation by reference in the Registration Statement on Form
S-3 of Pan Pacific Retail Properties, Inc. dated December 5, 2000 of our report
dated February 8, 2000 relating to the consolidated balance sheets of Western
Properties Trust (formerly Western Investment Real Estate Trust) and
subsidiaries as of December 31, 1999 and 1998, and the related consolidated
statements of income, shareholders' equity and cash flows for each of the years
in the three-year period ended December 31, 1999, and the related financial
statement schedule, which report appears in the December 31, 1999, annual report
on Form 10-K of Western Properties Trust and to reference to our firm under the
heading "Experts" in the prospectus.
/s/ KPMG LLP
San Francisco, California
December 1, 2000
