UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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: Lend Lease Rosen Real Estate Securities LLC
Address: 1995 University Ave., Suite 550
Berkeley, CA 94707
File 13F File Number: 28-7246
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, and 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: Michael A. Torres
Title: President
Phone: 510-849-8360
Signature, Place, and Date of Signing:
Michael A. Torres Berkeley, CA August 13, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 60
Form 13F Information Table Value Total: 801411
List of Other Included Managers:
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMB Property Corp. COM 00163T109 45605 1940645.000SH SOLE 1770145.000 170500.00
Alexandria Real Estate Equitie COM 015271109 30166 965325.000SH SOLE 829575.000 135750.00
Arden Realty Trust COM 039793104 7602 308700.000SH SOLE 283750.000 24950.00
AvalonBay Communities, Inc. COM 053484101 54689 1478075.000SH SOLE 1270545.000 207530.00
Bedford Property Investors, In COM 076446301 16178 905050.000SH SOLE 757500.000 147550.00
Brandywine Realty Trust COM 105368203 23079 1164850.000SH SOLE 974750.000 190100.00
Cabot Industrial Trust COM 127072106 4322 203400.000SH SOLE 178400.000 25000.00
Camden Property Trust COM 133131102 33604 1210969.000SH SOLE 1029906.000 181063.00
Cornerstone Properties, Inc. COM 21922H103 30259 1906100.000SH SOLE 1652950.000 253150.00
Crestline Capital Corporation COM 226153104 886 52700.000SH SOLE 43590.000 9110.00
Developers Diversified Realty COM 251591103 20614 1221600.000SH SOLE 1029000.000 192600.00
Duke Realty Investments, Inc. COM 264411505 14246 631400.000SH SOLE 526200.000 105200.00
Entertainment Properties Trust COM 29380T105 5966 338500.000SH SOLE 333750.000 4750.00
Equity Office Properties Trust COM 294741103 29301 1143463.000SH SOLE 923363.000 220100.00
Equity Residential Properties COM 29476L107 24815 550684.000SH SOLE 457997.000 92687.00
Essex Property Trust, Inc. COM 297178105 26218 741150.000SH SOLE 626850.000 114300.00
Federal Realty Investment Trus COM 313747206 10019 436800.000SH SOLE 366400.000 70400.00
Gables Residential Trust COM 362418105 11061 458500.000SH SOLE 379900.000 78600.00
General Growth Properties COM 370021107 9518 268100.000SH SOLE 243600.000 24500.00
Glenborough Realty Trust COM 37803P105 8983 513300.000SH SOLE 432300.000 81000.00
Highwoods Properties, Inc. COM 431284108 11266 410600.000SH SOLE 326200.000 84400.00
Host Marriott Corporation COM 44107P104 23328 1964475.000SH SOLE 1646075.000 318400.00
Liberty Property Trust COM 531172104 26867 1080100.000SH SOLE 937000.000 143100.00
Macerich Company COM 554382101 38939 1483400.000SH SOLE 1289400.000 194000.00
Mack-Cali Realty Corporation COM 554489104 34778 1124150.000SH SOLE 960650.000 163500.00
Philips International Realty COM 718333107 5223 309500.000SH SOLE 253650.000 55850.00
Post Properties, Inc. COM 737464107 36982 902000.000SH SOLE 777300.000 124700.00
Prentiss Property Trust COM 740706106 13881 587563.000SH SOLE 587563.000
Reckson Associates Realty COM 75621K106 21864 927900.000SH SOLE 779100.000 148800.00
SL Green Realty Corp COM 78440X101 17521 857300.000SH SOLE 728700.000 128600.00
Security Capital Group-B COM 81413P204 27812 1909854.500SH SOLE 1909854.500
Simon Property Group, Inc. COM 828806109 18143 714980.000SH SOLE 570830.000 144150.00
Spieker Properties, Inc. COM 848497103 24301 625100.000SH SOLE 524250.000 100850.00
Starwood Hotels & Resorts Worl COM 85590A203 306 10000.000SH SOLE 10000.000
Taubman Centers, Inc. COM 876664103 138 10500.000SH SOLE 10500.000
Trizec Hahn COM 896938107 21477 1054100.000SH SOLE 893100.000 161000.00
Urban Shopping Centers, Inc. COM 917060105 25384 805850.000SH SOLE 677250.000 128600.00
Wyndham International, Inc. COM 983101106 4936 1096799.000SH SOLE 937299.000 159500.00
AMB PPTYS PFD SER A 8.5% PFD 00163T208 484 20000.00 SH SOLE 20000.00
ARCHSTONE COMMUN PFD SER C 8.6 PFD 039581400 1965 80000.00 SH SOLE 80000.00
AVALONBAY COMMUN PFD SER F 9% PFD 053484507 1675 66500.00 SH SOLE 66500.00
Alexandria RE Eq., Inc. PFD SE PFD 015271208 4962 200000.00SH SOLE 00000.00
CENTERPOINT PPTYS PFD SER A 8. PFD 151895208 951 38600.00 SH SOLE 38600.00
DEVELOPERS DIVERS RLTY PFD DP PFD 251591301 370 14700.00 SH SOLE 14700.00
DEVELOPERS DIVERS RLTY PFD SER PFD 251591509 504 20100.00 SH SOLE 20100.00
DEVELOPERS DIVERS RLTY PFD SER PFD 251591608 1157 47700.00 SH SOLE 47700.00
EQUITY OFFICE PPTYS PFD SER C PFD 294741608 3106 123000.00SH SOLE 123000.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L305 3548 138440.00SH SOLE 138440.00
FEDERAL REALTY PFD SER A 7.95% PFD 313747404 313 12700.00 SH SOLE 12700.00
HIGHWOODS PPTYS PFD SER B 8% PFD 431284306 2863 122500.00SH SOLE 122500.00
HIGHWOODS PPTYS PFD SER D 8% PFD 431284504 538 22425.00 SH SOLE 22425.00
POST PROPERTIES PFD SER A 8.5% PFD 737464206 3185 65000.00 SH SOLE 65000.00
PROLOGIS TRUST PFD SER A 9.40% PFD 743410201 1447 57900.00 SH SOLE 57900.00
PROLOGIS TRUST PFD SER D 7.92% PFD 743410508 1934 80600.00 SH SOLE 80600.00
Patriot American Hospitality D PFD 703352401 475 19468.60 SH SOLE 16662.60 2806.00
SIMON PPTYS PFD SER B 8.75% PFD 78462M207 1571 62822.00 SH SOLE 62822.00
SPIEKER PPTYS PFD SER C 7.875% PFD 848497301 813 33600.00 SH SOLE 33600.00
SPIEKER PPTYS PFD SER E 8% PFD 848497400 2631 107100.00SH SOLE 107100.00
TAUBMAN CENTERS PFD SER A 8.3% PFD 876664202 3326 145000.00SH SOLE 145000.00
Vornado Realty Trust PFD Ser C PFD 929042406 3316 135000.00SH SOLE 135000.00
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