Apartment, retail sectors said to be poised for growth.
Focus largely on Western Europe, Canada.
Merger creates only pure play, West Coast multifamily REIT.
CEO Michael Carroll says he anticipates broad pipeline of projects post-IPO.
Creating new publicly traded REIT known as SpinCo.
Positive factors offset by continued high leverage, slow economy.
WDC to restructure international, Australia/New Zealand assets.
Institutional interest in REITs remains strong, according to report.
Mall pioneer founded GGP with brother in early 1950s.
Received $125 million from inaugural federal bond guarantee program.