<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: AEW Capital Management, L.P.
Address: 225 Franklin Street
Boston, MA 02110
13F File Number: 28-6538
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: James J. Finnegan
Title: Vice President of AEW Capital Management, Inc., General Partner of AEW
Capital Management, L.P.
Phone: (617) 261-9324
Signature, Place and Date of Signing:
/s/ James J. Finnegan BOSTON, MASSACHUETTS May 6, 1999
- ---------------------- --------------------- ---------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[ X ] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
Form 13F File Number: Name
NONE
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 74
Form 13F Information Table Value Total: $785,061
List of Other Included Managers:
<TABLE>
<CAPTION>
<S> <C> <C>
No. Form 13 File Number Name
1 28-6536 AEW Capital Management, Inc.
2 28-5952 MetLife New England Holdings, Inc.
3 28-3714 Metropolitan Life Insurance Company
4 28-6808 Nvest Companies, L.P.
</TABLE>
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<TABLE>
<CAPTION>
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VALUE SH of INVESTMENT
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT DISCRETION
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<S> <C> <C> <C> <C> <C>
AMB Property Corp Common Stock 00163T109 14,965 721,185 Defined
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American Real Estate Inv Corp Common Stock 029166105 16,212 1,212,121 Defined
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Apartment Invt & Mgmt Common Stock 03748r101 47,174 1,301,338 Defined
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Archstone Communities Common Stock 039581103 26,660 1,324,744 Defined
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Arden Realty Common Stock 039793104 14,959 672,300 Defined
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Avalon Bay Communities Common Stock 053484101 19,487 611,352 Defined
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Beacon Capital Common Stock 073561102 1,891 125,000 Defined
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Boston Properties, Inc . Common Stock 101121101 20,129 636,500 Defined
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Bradley Realty Trust Common Stock 104580105 14,000 783,200 Defined
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Brandywine Realty Trust Common Stock 105368203 1,625 100,000 Defined
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Burnham Pacific Ppty Common Stock 12232c108 762 73,400 Defined
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Cabot Industrial Trust Common Stock 127072106 6,860 363,450 Defined
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Camden Property Trust Common Stock 133131102 19,129 772,873 Defined
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CarrAmerica Realty Common Stock 144418100 10,240 464,150 Defined
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Catellus Development Common Stock 149111106 74 5,500 Defined
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Charles E. Smith Res. Common Stock 832197107 17,298 561,400 Defined
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Chelsea GCA Realty Inc Common Stock 163262108 100 3,600 Defined
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Colonial Properties Trust Common Stock 195872106 1,780 69,800 Defined
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Commercial Net Lease Common Stock 202218103 1,381 123,400 Defined
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Cornerstone Pptys Inc. Common Stock 21922H103 14,727 1,006,950 Defined
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Cousins Properties Common Stock 222795106 3,632 125,500 Defined
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Crescent Real Estate Eqt Common Stock 225756105 13,319 619,500 Defined
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Developers Diversified Common Stock 251591103 24,975 1,744,997 Defined
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</TABLE>
<TABLE>
<CAPTION>
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OTHER VOTING AUTHORITY
----------------------------------------------------
NAME OF ISSUER MANAGERS SOLE SHARED NONE
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<S> <C> <C> <C> <C>
AMB Property Corp 01 02 03 04 721,185
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American Real Estate Inv Corp 01 02 03 04 1,212,121
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Apartment Invt & Mgmt 01 02 03 04 1,301,338
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Archstone Communities 01 02 03 04 1,324,744
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Arden Realty 01 02 03 04 672,300
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Avalon Bay Communities 01 02 03 04 611,352
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Beacon Capital 01 02 03 04 125,000
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Boston Properties, Inc . 01 02 03 04 636,500
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Bradley Realty Trust 01 02 03 04 783,200
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Brandywine Realty Trust 01 02 03 04 100,000
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Burnham Pacific Ppty 01 02 03 04 73,400
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Cabot Industrial Trust 01 02 03 04 363,450
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Camden Property Trust 01 02 03 04 772,873
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CarrAmerica Realty 01 02 03 04 464,150
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Catellus Development 01 02 03 04 5,500
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Charles E. Smith Res. 01 02 03 04 561,400
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Chelsea GCA Realty Inc 01 02 03 04 3,600
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Colonial Properties Trust 01 02 03 04 69,800
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Commercial Net Lease 01 02 03 04 123,400
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Cornerstone Pptys Inc. 01 02 03 04 1,006,950
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Cousins Properties 01 02 03 04 125,500
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Crescent Real Estate Eqt 01 02 03 04 619,500
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Developers Diversified 01 02 03 04 1,744,997
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</TABLE>
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<TABLE>
<CAPTION>
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VALUE SH of INVESTMENT
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT DISCRETION
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<S> <C> <C> <C> <C> <C>
Developers Diversified Realty(P) Preferred Stock 251591806 3,369 140,000 Defined
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Duke Realty Investments Common Stock 264411505 6,944 322,981 Defined
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Entertainment Pptys Tr Common Stock 29380T105 4,782 277,200 Defined
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Equity Office Properties Common Stock 294741103 36,508 1,438,741 Defined
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Equity Residential Common Stock 29476l107 24,983 605,646 Defined
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Federal Realty Invs Trust Common Stock 313747206 1,589 75,000 Defined
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Felcor Lodging Trust Inc Common Stock 31430f101 10,786 465,150 Defined
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Franchise Finance Corp Of Am Common Stock 351807102 4,015 190,600 Defined
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General Growth Prop Common Stock 370021107 8,375 258,200 Defined
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Glimcher Realty Trust Common Stock 379302102 7,041 489,800 Defined
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Golf Trust Of America Common Stock 38168b103 4,471 199,800 Defined
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Highwoods Properties Common Stock 431284108 14,627 620,770 Defined
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Hospitality Properties Common Stock 44106m102 14,731 544,350 Defined
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Host Marriott Corp. Common Stock 44107p104 5,426 487,741 Defined
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JP Realty Inc. Common Stock 46624a106 3,010 152,900 Defined
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Kilroy Realty Corp. Common Stock 49427f108 10,408 507,700 Defined
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Kimco Realty Corp. Common Stock 49446r109 6,527 177,000 Defined
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Kranzco Realty Trust Common Stock 50076e103 2,280 193,000 Defined
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LaSalle Hotel Properties Common Stock 517942108 994 75,000 Defined
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Liberty Property Trust Common Stock 531172104 6,443 310,500 Defined
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Macerich Company (the) Common Stock 554382101 8,916 393,000 Defined
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Mack Cali Realty Corp Common Stock 554489104 505 17,200 Defined
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Mills Corp. Common Stock 601148109 1,107 61,700 Defined
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Pacific Gulf Properties Common Stock 694396102 3,083 171,300 Defined
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</TABLE>
<TABLE>
<CAPTION>
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OTHER VOTING AUTHORITY
----------------------------------------------------
NAME OF ISSUER MANAGERS SOLE SHARED NONE
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<S> <C> <C> <C> <C>
Developers Diversified Realty(P) 01 02 03 04 140,000
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Duke Realty Investments 01 02 03 04 322,981
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Entertainment Pptys Tr 01 02 03 04 277,200
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Equity Office Properties 01 02 03 04 1,438,741
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Equity Residential 01 02 03 04 605,646
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Federal Realty Invs Trust 01 02 03 04 75,000
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Felcor Lodging Trust Inc 01 02 03 04 465,150
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Franchise Finance Corp Of Am 01 02 03 04 190,600
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General Growth Prop 01 02 03 04 258,200
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Glimcher Realty Trust 01 02 03 04 489,800
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Golf Trust Of America 01 02 03 04 199,800
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Highwoods Properties 01 02 03 04 620,770
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Hospitality Properties 01 02 03 04 544,350
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Host Marriott Corp. 01 02 03 04 487,741
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JP Realty Inc. 01 02 03 04 152,900
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Kilroy Realty Corp. 01 02 03 04 507,700
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Kimco Realty Corp. 01 02 03 04 177,000
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Kranzco Realty Trust 01 02 03 04 193,000
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LaSalle Hotel Properties 01 02 03 04 75,000
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Liberty Property Trust 01 02 03 04 310,500
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Macerich Company (the) 01 02 03 04 393,000
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Mack Cali Realty Corp 01 02 03 04 17,200
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Mills Corp. 01 02 03 04 61,700
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Pacific Gulf Properties 01 02 03 04 171,300
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</TABLE>
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<TABLE>
<CAPTION>
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VALUE SH of INVESTMENT
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT DISCRETION
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<S> <C> <C> <C> <C> <C>
Patriot Amer Hospitality Inc. Common Stock 703352203 113 22,000 Defined
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Philips Int'l Realty Common Stock 718333107 5,103 359,700 Defined
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Post Properties, Inc. Common Stock 737464107 26,847 740,596 Defined
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Prentiss Properties Common Stock 740706106 6,894 367,700 Defined
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Prime Retail Inc. Common Stock 741570105 5,707 652,200 Defined
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Prison Realty Corp Common Stock 74264N105 1,623 93,100 Defined
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Prologis Trust Common Stock 743410102 17,196 838,819 Defined
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Public Storage Inc. Common Stock 74460d109 28,810 1,152,400 Defined
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Regency Realty Corp. Common Stock 758939102 5,734 305,800 Defined
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RFS Hotel Investors, Inc. Common Stock 74955j108 1,997 172,700 Defined
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Rouse Co. Common Stock 779273101 2,434 109,700 Defined
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Shurgard Storage Ctrs Common Stock 82567d104 6,307 249,800 Defined
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Simon Property Group Common Stock 828806109 31,083 1,132,870 Defined
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Spieker Properties Inc. Common Stock 848497103 23,117 655,800 Defined
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Starwood Hotels & Resorts Common Stock 85590A203 10,462 366,300 Defined
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Summit Properties Common Stock 866239106 10,011 599,900 Defined
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Sun Communities Inc. Common Stock 866674104 4,172 131,400 Defined
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Tanger Factory Outlets Common Stock 875465106 7,822 409,000 Defined
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Taubman Centers, Inc. Common Stock 876664103 8,389 684,850 Defined
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Tower Realty Tr Inc Common Stock 89185E109 1,564 82,600 Defined
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Trinet Corporate Rlty Common Stock 896287109 5,412 213,300 Defined
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Trizec Hahn Corp. Common Stock 896938107 5,647 306,350 Defined
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Urban Shopping Ctrs Common Stock 917060105 6,710 233,900 Defined
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US Restaurant Properties Common Stock 902971100 50 2,600 Defined
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</TABLE>
<TABLE>
<CAPTION>
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OTHER VOTING AUTHORITY
----------------------------------------------------
NAME OF ISSUER MANAGERS SOLE SHARED NONE
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<S> <C> <C> <C> <C>
Patriot Amer Hospitality Inc. 01 02 03 04 22,000
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Philips Int'l Realty 01 02 03 04 359,700
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Post Properties, Inc. 01 02 03 04 740,596
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Prentiss Properties 01 02 03 04 367,700
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Prime Retail Inc. 01 02 03 04 652,200
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Prison Realty Corp 01 02 03 04 93,100
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Prologis Trust 01 02 03 04 838,819
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Public Storage Inc. 01 02 03 04 1,152,400
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Regency Realty Corp. 01 02 03 04 305,800
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RFS Hotel Investors, Inc. 01 02 03 04 172,700
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Rouse Co. 01 02 03 04 109,700
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Shurgard Storage Ctrs 01 02 03 04 249,800
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Simon Property Group 01 02 03 04 1,132,870
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Spieker Properties Inc. 01 02 03 04 655,800
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Starwood Hotels & Resorts 01 02 03 04 366,300
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Summit Properties 01 02 03 04 599,900
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Sun Communities Inc. 01 02 03 04 131,400
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Tanger Factory Outlets 01 02 03 04 409,000
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Taubman Centers, Inc. 01 02 03 04 684,850
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Tower Realty Tr Inc 01 02 03 04 82,600
- --------------------------------------------------------------------------------------------------------------
Trinet Corporate Rlty 01 02 03 04 213,300
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Trizec Hahn Corp. 01 02 03 04 306,350
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Urban Shopping Ctrs 01 02 03 04 233,900
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US Restaurant Properties 01 02 03 04 2,600
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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VALUE SH of INVESTMENT
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT DISCRETION
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<S> <C> <C> <C> <C> <C>
Vornado Realty Trust. Common Stock 929042109 7,110 206,100 Defined
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Weeks Corporation Common Stock 94856p102 38,674 1,354,029 Defined
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Weeks Corporation(Preferred) Preferred Stock 94856P201 33,775 1,400,000 Defined
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Column Totals 785,061 34,441,053
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</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------
OTHER VOTING AUTHORITY
----------------------------------------------------
NAME OF ISSUER MANAGERS SOLE SHARED NONE
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Vornado Realty Trust. 01 02 03 04 206,100
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Weeks Corporation 01 02 03 04 1,354,029
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Weeks Corporation(Preferred) 01 02 03 04 1,400,000
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Column Totals 34,441,053
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</TABLE>
