<PAGE> 1
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 on Form
S-4 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. and subsidiaries 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., and to the reference to our
firm under the heading "Experts" in the Form S-4.
San Diego, California
September 14, 2000
