UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 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: 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 February 9, 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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 84
Form 13F Information Table Value Total: 853543
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 40340 2023345.000SH SOLE 1840495.000 182850.000
809 40600.000SH DEFINED 40600.000
Alexandria Real Estate Equitie COM 015271109 32787 1030625.000SH SOLE 893275.000 137350.000
Arden Realty Trust COM 039793104 8601 428700.000SH SOLE 364350.000 64350.000
1647 82100.000SH DEFINED 82100.000
AvalonBay Communities, Inc. COM 053484101 55572 1604975.000SH SOLE 1397445.000 207530.000
571 16500.000SH DEFINED 16500.000
Bedford Property Investors, In COM 076446301 10665 625050.000SH SOLE 525200.000 99850.000
Boston Properties, Inc. COM 101121101 17321 556500.000SH SOLE 486300.000 70200.000
373 12000.000SH DEFINED 12000.000
Brandywine Realty Trust COM 105368203 19076 1164950.000SH SOLE 974850.000 190100.000
Cabot Industrial Trust COM 127072106 713 38800.000SH SOLE 34000.000 4800.000
Camden Property Trust COM 133131102 35752 1288369.000SH SOLE 1107306.000 181063.000
658 23700.000SH DEFINED 4400.000 19300.000
Catellus Development Corporati COM 149111106 9140 713400.000SH SOLE 615000.000 98400.000
297 23200.000SH DEFINED 23200.000
Cornerstone Properties, Inc. COM 21922H103 30391 2078000.000SH SOLE 1824850.000 253150.000
877 60000.000SH DEFINED 60000.000
Developers Diversified Realty COM 251591103 15688 1218500.000SH SOLE 1025900.000 192600.000
855 66400.000SH DEFINED 66400.000
Duke-Weeks Realty Corporation COM 264411505 12870 660000.000SH SOLE 554800.000 105200.000
Entertainment Properties Trust COM 29380T105 4705 356800.000SH SOLE 352050.000 4750.000
Equity Office Properties Trust COM 294741103 41652 1691463.000SH SOLE 1422663.000 268800.000
14543 590595.000SH DEFINED 590595.000
Equity Residential Properties COM 29476L107 35046 820984.000SH SOLE 700097.000 120887.000
Essex Property Trust, Inc. COM 297178105 26661 784150.000SH SOLE 669850.000 114300.000
Federal Realty Investment Trus COM 313747206 10961 582625.000SH SOLE 491025.000 91600.000
Gables Residential Trust COM 362418105 12406 516900.000SH SOLE 437050.000 79850.000
242 10100.000SH DEFINED 2600.000 7500.000
General Growth Properties COM 370021107 6994 249800.000SH SOLE 225300.000 24500.000
Glenborough Realty Trust COM 37803P105 2571 192200.000SH SOLE 162150.000 30050.000
Highwoods Properties, Inc. COM 431284108 10549 446500.000SH SOLE 361200.000 85300.000
187 7900.000 SH DEFINED 7900.000
Home Properties of New York COM 437306103 1723 62800.000SH SOLE 62000.000 800.000
Host Marriott Corporation COM 44107P104 16059 1946575.000SH SOLE 1628175.000 318400.000
Liberty Property Trust COM 531172104 31819 1285600.000SH SOLE 1142500.000 143100.000
1856 75000.000SH DEFINED 75000.000
Macerich Company COM 554382101 32467 1560000.000SH SOLE 1366000.000 194000.000
112 5400.000 SH DEFINED 5400.000
Mack-Cali Realty Corporation COM 554489104 31602 1212550.000SH SOLE 1049050.000 163500.000
5659 217124.000SH DEFINED 217124.000
Philips International Realty COM 718333107 3914 238100.000SH SOLE 195650.000 42450.000
Post Properties, Inc. COM 737464107 38529 1007300.000SH SOLE 882600.000 124700.000
1190 31100.000SH DEFINED 31100.000
Prentiss Property Trust COM 740706106 10742 502563.000SH SOLE 502563.000
872 40800.000SH DEFINED 40800.000
Reckson Associates Class B COM 75621K304 648 28500.000SH DEFINED 28500.000
Reckson Associates Realty COM 75621K106 20623 1006000.000SH SOLE 857200.000 148800.000
SL Green Realty Corp COM 78440X101 24034 1105000.000SH SOLE 976400.000 128600.000
435 20000.000SH DEFINED 20000.000
Security Capital Group-B COM 81413P204 23873 1909854.500SH DEFINED 1909854.50
Simon Property Group, Inc. COM 828806109 18308 798180.000SH SOLE 654030.000 144150.000
523 22800.000SH DEFINED 22800.000
Spieker Properties, Inc. COM 848497103 34654 951050.000SH SOLE 814000.000 137050.000
663 18200.000SH DEFINED 18200.000
Starwood Hotels & Resorts Worl COM 85590A203 2059 87600.000SH SOLE 87600.000
Trizec Hahn COM 896938107 15321 907900.000SH SOLE 762700.000 145200.000
Urban Shopping Centers, Inc. COM 917060105 25651 945650.000SH SOLE 807550.000 138100.000
Vornado Realty Trust COM 929042109 7429 228600.000SH SOLE 201750.000 26850.000
Wyndham International, Inc. COM 983101106 3178 1081799.000SH SOLE 922299.000 159500.000
AMB PPTYS PFD SER A 8.5% PFD 00163T208 2265 114309.00SH SOLE 114309.00
ARCHSTONE COMMUN PFD SER C 8.6 PFD 039581400 1892 95800.00 SH SOLE 95800.00
AVALONBAY COMMUN PFD SER D 8% PFD 053484309 188 10400.00 SH SOLE 10400.00
AVALONBAY COMMUN PFD SER F 9% PFD 053484507 2147 106700.00SH SOLE 106700.00
Alexandria RE Eq., Inc. PFD SE PFD 015271208 3975 200000.00SH SOLE 200000.00
CENTERPOINT PPTYS PFD SER A 8. PFD 151895208 1863 100700.00SH SOLE 100700.00
DEVELOPERS DIVERS RLTY PFD DP PFD 251591301 320 15900.00 SH SOLE 15900.00
DEVELOPERS DIVERS RLTY PFD SER PFD 251591509 434 22000.00 SH SOLE 22000.00
DEVELOPERS DIVERS RLTY PFD SER PFD 251591608 2243 131000.00SH SOLE 131000.00
EQUITY OFFICE PPTYS PFD SER A PFD 294741202 757 36035.00 SH SOLE 36035.00
EQUITY OFFICE PPTYS PFD SER C PFD 294741608 3434 167500.00SH SOLE 167500.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L305 2890 138440.00SH SOLE 138440.00
EQUITY RESIDENTIAL PPTYS PFD S PFD 29476L503 217 10000.00 SH SOLE 10000.00
FEDERAL REALTY PFD SER A 7.95% PFD 313747404 258 15000.00 SH SOLE 15000.00
GABLES RESIDENTIAL PFD SER A 8 PFD 362418204 1184 64660.00 SH SOLE 64660.00
POST PROPERTIES PFD SER A 8.5% PFD 737464206 2791 72500.00 SH SOLE 72500.00
PROLOGIS TRUST PFD SER A 9.40% PFD 743410201 1188 59400.00 SH SOLE 59400.00
PROLOGIS TRUST PFD SER D 7.92% PFD 743410508 1496 82000.00 SH SOLE 82000.00
SIMON PPTYS PFD SER B 8.75% PFD 78462M207 2183 107822.00SH SOLE 107822.00
SPIEKER PPTYS PFD SER C 7.875% PFD 848497301 603 33600.00 SH SOLE 33600.00
SPIEKER PPTYS PFD SER E 8% PFD 848497400 1955 107100.00SH SOLE 107100.00
TAUBMAN CENTERS PFD SER A 8.3% PFD 876664202 693 45800.00 SH SOLE 45800.00
Vornado Realty Trust PFD Ser B PFD 929042307 344 18000.00 SH SOLE 18000.00
Vornado Realty Trust PFD Ser C PFD 929042406 2755 145000.00SH SOLE 145000.00
</TABLE>
