UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F-HR
FORM 13F-HR COVER PAGE
Report for the Quarter Ended: March 31, 2000
Check here is 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 94704
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 May 15, 2000
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-HR SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F-HR Information Table Entry Total: 98
Form 13F-HR Information Table Value Total: 954867
List of Other Included Managers:
No. Form 13F File Number Name
1 No 13F filed Lend Lease Real Estate Investments, Inc.
2 Not known GIC Real Estate, Inc.
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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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------
AMB Property Corp. COM 00163T109 28623 1331320.000SH SOLE 1148470.000 182850.000
1674 77870.000SH DEFINED 01 77870.000
Alexandria Real Estate Equitie COM 015271109 31342 1044735.000SH SOLE 907385.000 137350.000
10 340.000 SH DEFINED 01 340.000
Arden Realty Trust COM 039793104 18167 870280.000SH SOLE 757730.000 112550.000
5969 285950.000SH DEFINED 01 42850.000 243100.000
AvalonBay Communities, Inc. COM 053484101 61927 1690835.000SH SOLE 1480905.000 209930.000
1252 34190.000SH DEFINED 01 34190.000
Bedford Property Investors, In COM 076446301 9987 621750.000SH SOLE 522200.000 99550.000
Boston Properties, Inc. COM 101121101 23539 739930.000SH SOLE 643430.000 96500.000
770 24200.000SH DEFINED 01 24200.000
Brandywine Realty Trust COM 105368203 18186 1061950.000SH SOLE 891350.000 170600.000
1661 96980.000SH DEFINED 01 480.000 96500.000
Camden Property Trust COM 133131102 35416 1308679.000SH SOLE 1127616.000 181063.000
1038 38370.000SH DEFINED 01 8270.000 30100.000
Catellus Development Corporati COM 149111106 10967 790440.000SH SOLE 681540.000 108900.000
852 61400.000SH DEFINED 01 61400.000
Cornerstone Properties, Inc. COM 21922H103 37116 2128500.000SH SOLE 1872550.000 255950.000
1364 78200.000SH DEFINED 01 78200.000
Developers Diversified Realty COM 251591103 18449 1329640.000SH SOLE 1132440.000 197200.000
4294 309470.000SH DEFINED 01 47070.000 262400.000
Duke-Weeks Realty Corporation COM 264411505 6481 338850.000SH SOLE 286050.000 52800.000
23 1210.000 SH DEFINED 01 910.000 300.000
Entertainment Properties Trust COM 29380T105 3958 300100.000SH SOLE 296050.000 4050.000
Equity Office Properties Trust COM 294741103 43509 1731693.000SH SOLE 1462893.000 268800.000
10913 434335.000SH DEFINED 02 01 3140.000 431195.000
Equity Residential Properties COM 29476L107 43276 1076844.000SH SOLE 922257.000 154587.000
62 1550.000 SH DEFINED 01 1550.000
Essex Property Trust, Inc. COM 297178105 25013 694800.000SH SOLE 593500.000 101300.000
21 590.000 SH DEFINED 01 590.000
Federal Realty Investment Trus COM 313747206 11543 597675.000SH SOLE 506075.000 91600.000
11 560.000 SH DEFINED 01 560.000
Gables Residential Trust COM 362418105 12140 539540.000SH SOLE 459690.000 79850.000
4549 202200.000SH DEFINED 01 35400.000 166800.000
General Growth Properties COM 370021107 7990 262490.000SH SOLE 237990.000 24500.000
20 650.000 SH DEFINED 01 650.000
Highwoods Properties, Inc. COM 431284108 9518 445300.000SH SOLE 360000.000 85300.000
2725 127500.000SH DEFINED 01 27500.000 100000.000
Home Properties of New York, I COM 437306103 5037 188290.000SH SOLE 167690.000 20600.000
23 870.000 SH DEFINED 01 870.000
Host Marriott Corporation COM 44107P104 17073 1923675.000SH SOLE 1615775.000 307900.000
Liberty Property Trust COM 531172104 32521 1358600.000SH SOLE 1215500.000 143100.000
3360 140380.000SH DEFINED 01 880.000 139500.000
Macerich Company COM 554382101 33731 1635450.000SH SOLE 1441450.000 194000.000
749 36300.000SH DEFINED 01 36300.000
Mack-Cali Realty Corporation COM 554489104 31693 1242870.000SH SOLE 1079370.000 163500.000
7634 299364.000SH DEFINED 02 01 740.000 298624.000
Philips International Realty COM 718333107 3691 222000.000SH SOLE 183850.000 38150.000
Post Properties, Inc. COM 737464107 44362 1100450.000SH SOLE 973650.000 126800.000
1850 45900.000SH DEFINED 01 45900.000
Prentiss Property Trust COM 740706106 11213 502563.000SH SOLE 502563.000
2690 120580.000SH DEFINED 01 580.000 120000.000
Reckson Associates Class B COM 75621K304 416 20300.000SH SOLE 20300.000
871 42500.000SH DEFINED 01 42500.000
Reckson Associates Realty COM 75621K106 17872 953200.000SH SOLE 812000.000 141200.000
9 490.000 SH DEFINED 01 490.000
SL Green Realty Corp COM 78440X101 26603 1120110.000SH SOLE 991510.000 128600.000
1300 54740.000SH DEFINED 01 54740.000
Security Capital Group-B COM 81413P204 27574 1909854.500SH DEFINED 02 1909854.500
Simon Property Group, Inc. COM 828806109 20354 873090.000SH SOLE 728940.000 144150.000
1056 45280.000SH DEFINED 01 45280.000
Spieker Properties, Inc. COM 848497103 41575 934280.000SH SOLE 801930.000 132350.000
851 19130.000SH DEFINED 01 19130.000
Starwood Hotels & Resorts Worl COM 85590A203 2256 87600.000SH SOLE 87600.000
Trizec Hahn COM 896938107 13537 902500.000SH SOLE 757300.000 145200.000
Urban Shopping Centers, Inc. COM 917060105 27815 957080.000SH SOLE 818980.000 138100.000
21 720.000 SH DEFINED 01 720.000
Vornado Realty Trust COM 929042109 16309 486830.000SH SOLE 418280.000 68550.000
40 1200.000 SH DEFINED 01 1200.000
Wyndham International, Inc. COM 983101106 1928 1028299.000SH SOLE 868799.000 159500.000
ALEXANDRIA RE Eq., Inc. PFD SE PFD 015271208 3975 200000.00SH SOLE 200000.00
AMB PPTYS PFD SER A 8.5% PFD 00163T208 3281 149209.00SH SOLE 149209.00
ARCHSTONE COMMUN PFD SER C 8.6 PFD 039581400 1922 95800.00 SH SOLE 95800.00
AVALONBAY COMMUN PFD SER D 8% PFD 053484309 1952 102400.00SH SOLE 102400.00
AVALONBAY COMMUN PFD SER F 9% PFD 053484507 3919 177150.00SH SOLE 177150.00
CENTERPOINT PPTYS PFD SER A 8. PFD 151895208 2077 100700.00SH SOLE 100700.00
DEVELOPERS DIVERS RLTY PFD DP PFD 251591301 346 15900.00 SH SOLE 15900.00
DEVELOPERS DIVERS RLTY PFD SER PFD 251591509 478 22000.00 SH SOLE 22000.00
DEVELOPERS DIVERS RLTY PFD SER PFD 251591608 2481 131000.00SH SOLE 131000.00
EQUITY OFFICE PPTYS PFD SER A PFD 294741202 6995 310035.00SH SOLE 310035.00
EQUITY OFFICE PPTYS PFD SER C PFD 294741608 3927 183200.00SH SOLE 183200.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L206 449 20000.00 SH SOLE 20000.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L305 4524 199940.00SH SOLE 199940.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L503 1055 47400.00 SH SOLE 47400.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L875 1589 70000.00 SH SOLE 70000.00
FEDERAL REALTY PFD SER A 7.95% PFD 313747404 259 15000.00 SH SOLE 15000.00
GABLES RESIDENTIAL PFD SER A 8 PFD 362418204 1184 64660.00 SH SOLE 64660.00
POST PPTYS PFD SER C 7.625% PFD 737464404 479 24900.00 SH SOLE 24900.00
POST PROPERTIES PFD SER A 8.5% PFD 737464206 3244 72900.00 SH SOLE 72900.00
PROLOGIS TRUST PFD SER A 9.40% PFD 743410201 1323 59400.00 SH SOLE 59400.00
PROLOGIS TRUST PFD SER D 7.92% PFD 743410508 1527 82000.00 SH SOLE 82000.00
SIMON PPTYS PFD SER B 8.75% PFD 78462M207 3919 197822.00SH SOLE 197822.00
SPIEKER PPTYS PFD SER B 9.45% PFD 848497202 1087 47276.00 SH SOLE 47276.00
SPIEKER PPTYS PFD SER C 7.875% PFD 848497301 1175 58200.00 SH SOLE 58200.00
SPIEKER PPTYS PFD SER E 8% PFD 848497400 2507 121200.00SH SOLE 121200.00
TAUBMAN CENTERS PFD SER A 8.3% PFD 876664202 779 45800.00 SH SOLE 45800.00
VORNADO REALTY TRUST PFD Ser B PFD 929042307 3351 172400.00SH SOLE 172400.00
VORNADO REALTY TRUST PFD Ser C PFD 929042406 4692 239100.00SH SOLE 239100.00
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