UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 64
Form 13F Information Table Value Total: 802193
List of Other Included Managers:
<PAGE>
<TABLE>
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 45249 2135645.000SH SOLE
1952795.000 182850.000
Alexandria Real Estate Equitie COM 015271109 29571 1004525.000SH SOLE
868775.000 135750.000
Arden Realty Trust COM 039793104 8556 393400.000SH SOLE
329050.000 64350.000
AvalonBay Communities, Inc. COM 053484101 52495 1549675.000SH SOLE
1342145.000 207530.000
Bedford Property Investors, In COM 076446301 10664 631950.000SH SOLE
531000.000 100950.000
Boston Properties, Inc. COM 101121101 12352 402500.000SH SOLE
345500.000 57000.000
Brandywine Realty Trust COM 105368203 19093 1174950.000SH SOLE
984850.000 190100.000
Cabot Industrial Trust COM 127072106 3964 205900.000SH SOLE
180900.000 25000.000
Camden Property Trust COM 133131102 33872 1260369.000SH SOLE
1079306.000 181063.000
Catellus Development Corporati COM 149111106 7358 626200.000SH SOLE
525500.000 100700.000
Cornerstone Properties, Inc. COM 21922H103 30430 1995400.000SH SOLE
1742250.000 253150.000
Developers Diversified Realty COM 251591103 17102 1221600.000SH SOLE
1029000.000 192600.000
Duke-Weeks Realty Corporation COM 264411505 12357 633700.000SH SOLE
528500.000 105200.000
Entertainment Properties Trust COM 29380T105 5227 357400.000SH SOLE
352650.000 4750.000
Equity Office Properties Trust COM 294741103 37560 1615463.000SH SOLE
1346663.000 268800.000
Equity Residential Properties COM 29476L107 25471 601084.000SH SOLE
505897.000 95187.000
Essex Property Trust, Inc. COM 297178105 27092 775450.000SH SOLE
661150.000 114300.000
Federal Realty Investment Trus COM 313747206 11702 558925.000SH SOLE
467325.000 91600.000
Gables Residential Trust COM 362418105 11597 483200.000SH SOLE
403350.000 79850.000
General Growth Properties COM 370021107 7658 243100.000SH SOLE
218600.000 24500.000
Glenborough Realty Trust COM 37803P105 8341 505500.000SH SOLE
424500.000 81000.000
Highwoods Properties, Inc. COM 431284108 11530 445600.000SH SOLE
360300.000 85300.000
Host Marriott Corporation COM 44107P104 18697 1968075.000SH SOLE
1649675.000 318400.000
Liberty Property Trust COM 531172104 27304 1203500.000SH SOLE
1060400.000 143100.000
Macerich Company COM 554382101 35312 1527000.000SH SOLE
1333000.000 194000.000
Mack-Cali Realty Corporation COM 554489104 31131 1161050.000SH SOLE
997550.000 163500.000
Philips International Realty COM 718333107 4875 309500.000SH SOLE
253650.000 55850.000
Post Properties, Inc. COM 737464107 37461 952900.000SH SOLE
828200.000 124700.000
Prentiss Property Trust COM 740706106 11151 502563.000SH SOLE
502563.000
Reckson Associates Realty COM 75621K106 19776 950200.000SH SOLE
801400.000 148800.000
SL Green Realty Corp COM 78440X101 19122 932800.000SH SOLE
804200.000 128600.000
Security Capital Group-B COM 81413P204 28051 1909854.500SH SOLE
1909854.500
Simon Property Group, Inc. COM 828806109 16305 726680.000SH SOLE
582530.000 144150.000
Spieker Properties, Inc. COM 848497103 29805 859250.000SH SOLE
732000.000 127250.000
Starwood Hotels & Resorts Worl COM 85590A203 1955 87600.000SH SOLE
87600.000
Taubman Centers, Inc. COM 876664103 121 10500.000SH SOLE
10500.000
Trizec Hahn COM 896938107 19559 1032800.000SH SOLE
871800.000 161000.000
Urban Shopping Centers, Inc. COM 917060105 23779 816450.000SH SOLE
687850.000 128600.000
Vornado Realty Trust COM 929042109 812 25000.000SH SOLE
21000.000 4000.000
Wyndham International, Inc. COM 983101106 2879 1096799.000SH SOLE
937299.000 159500.000
AMB PPTYS PFD SER A 8.5% PFD 00163T208 1305 61400.00 SH SOLE
61400.00
ARCHSTONE COMMUN PFD SER C 8.6 PFD 039581400 2203 95800.00 SH SOLE
95800.00
AVALONBAY COMMUN PFD SER D 8% PFD 053484309 218 10400.00 SH SOLE
10400.00
AVALONBAY COMMUN PFD SER F 9% PFD 053484507 2511 106700.00SH SOLE
106700.00
Alexandria RE Eq., Inc. PFD SE PFD 015271208 4664 200000.00SH SOLE
200000.00
CENTERPOINT PPTYS PFD SER A 8. PFD 151895208 1335 61400.00 SH SOLE
61400.00
DEVELOPERS DIVERS RLTY PFD DP PFD 251591301 366 15900.00 SH SOLE
15900.00
DEVELOPERS DIVERS RLTY PFD SER PFD 251591509 516 22000.00 SH SOLE
22000.00
DEVELOPERS DIVERS RLTY PFD SER PFD 251591608 2096 101000.00SH SOLE
101000.00
EQUITY OFFICE PPTYS PFD SER C PFD 294741608 3829 157500.00SH SOLE
157500.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L305 3400 138440.00SH SOLE
138440.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L503 243 10000.00 SH SOLE
10000.00
FEDERAL REALTY PFD SER A 7.95% PFD 313747404 277 15000.00 SH SOLE
15000.00
GABLES RESIDENTIAL PFD SER A 8 PFD 362418204 1285 64660.00 SH SOLE
64660.00
HIGHWOODS PPTYS PFD SER B 8% PFD 431284306 2408 130600.00SH SOLE
130600.00
HIGHWOODS PPTYS PFD SER D 8% PFD 431284504 425 22425.00 SH SOLE
22425.00
POST PROPERTIES PFD SER A 8.5% PFD 737464206 3335 72500.00 SH SOLE
72500.00
PROLOGIS TRUST PFD SER A 9.40% PFD 743410201 1426 59400.00 SH SOLE
59400.00
PROLOGIS TRUST PFD SER D 7.92% PFD 743410508 1676 82000.00 SH SOLE
82000.00
SIMON PPTYS PFD SER B 8.75% PFD 78462M207 2487 107822.00SH SOLE
107822.00
SPIEKER PPTYS PFD SER C 7.875% PFD 848497301 727 33600.00 SH SOLE
33600.00
SPIEKER PPTYS PFD SER E 8% PFD 848497400 2336 107100.00SH SOLE
107100.00
TAUBMAN CENTERS PFD SER A 8.3% PFD 876664202 2773 145000.00SH SOLE
145000.00
Vornado Realty Trust PFD Ser C PFD 929042406 3018 145000.00SH SOLE
145000.00
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