-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MSqMnuRsbRS+07U8lM4mvcJFaSHjrzQML1TRmBc1xLC8Ytq2cIAaT3NfKBEZAoVw Po4KyviEEstx9spfXL4GYA== 0001047469-98-006164.txt : 19980218 0001047469-98-006164.hdr.sgml : 19980218 ACCESSION NUMBER: 0001047469-98-006164 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980213 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PAN PACIFIC RETAIL PROPERTIES INC CENTRAL INDEX KEY: 0001040454 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 330752457 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-53313 FILM NUMBER: 98539847 BUSINESS ADDRESS: STREET 1: 1631-B S MELROSE DR CITY: VISTA STATE: CA ZIP: 92083 BUSINESS PHONE: 7607271002 MAIL ADDRESS: STREET 1: 1631-B SOUTH MELROSE DR CITY: VISTA STATE: CA ZIP: 92083 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PAN PACIFIC DEVELOPMENT U S INC CENTRAL INDEX KEY: 0001055688 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 980082355 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: THE COLONNADE STREET 2: 131 BLOOR ST WEST STE 3000 M5S 1R1 CITY: TORONTO ONTARIO BUSINESS PHONE: 4169638100 MAIL ADDRESS: STREET 1: THE COLONNADE 131 BLOOR ST WEST STREET 2: STE 3000 TORONTO CITY: ONTARIO M5S 1R1 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------------- SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ____)(*) Pan Pacific Retail Properties, Inc. ----------------------------------- (Name of Issuer) Common Stock ----------------------------------- (Title of Class of Securities) 69806 L 10 4 ----------------------------------- (CUSIP Number) --------------------- - --------------------- (*) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 69806 L 10 4 13G Page 2 of 5 NAME OF REPORTING PERSON 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Pan Pacific Development (U.S.) Inc. 98-0082-355 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / Not Applicable - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ 5. SOLE VOTING POWER 8,634,012 (1) ---------------------------------------------------------- NUMBER OF SHARES 6. SHARED VOTING POWER BENEFICIALLY OWNED BY EACH -0- REPORTING PERSON ---------------------------------------------------------- WITH 7. SOLE DISPOSITIVE POWER 8,634,012 (2) ---------------------------------------------------------- 8. SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,634,012 - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / Not Applicable. - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 51.4% - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Of the 8,634,012 shares beneficially owned by Pan Pacific Development (U.S.) Inc. ("PPD(U.S.)"), 551,574 shares are held by its wholly-owned subsidiaries. (2) All of the shares of Pan Pacific Retail Properties, Inc. beneficially owned by PPD(U.S.) are pledged as collateral under an outstanding revolving credit loan. Although the lender has no voting power or disposition power with respect to the pledged shares unless a default under the loan occurs, PPD(U.S.) has agreed not to sell or otherwise dispose of the pledged shares without the lender's consent. CUSIP No. 69806 L 10 4 13G Page 3 of 5 Item 1(a) Name of Issuer: Pan Pacific Retail Properties, Inc. --------------------------------------------------------------------- Item 1(b) Address of Issuer's Principal Executive Offices: 1631-B South Melrose Drive, Vista, California 92083 --------------------------------------------------------------------- Item 2(a) Name of Person Filing: Pan Pacific Development (U.S.) Inc. --------------------------------------------------------------------- Item 2(b) Address of Principal Business Office or, if None, Residence: The Colonnade, 131 Bloor Street West, Suite 300, Toronto, Ontario M5S 1R1 -------------------------------------------------------------------------- Item 2(c) Citizenship or Place of Organization: Delaware -------------------------------------------------------------------------- Item 2(d) Title of Class of Securities: Common Stock -------------------------------------------------------------------------- Item 2(e) CUSIP Number: 69806 L 10 4 -------------------------------------------------------------------------- Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d(b), check whether the person filing is a: Not applicable. -------------------------------------------------------------------------- ITEM 4 OWNERSHIP: (a) Amount beneficially owned: 8,634,012 --------------------------------------------------------------------- (b) Percent of class: 51.4% --------------------------------------------------------------------- CUSIP No. 69806 L 10 4 13G Page 4 of 5 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 8,634,012 (1) -------------------- (ii) Shared power to vote or to direct the vote: -0- ------------------ (iii) Sole power to dispose or to direct the disposition of: 8,634,012 (2) --------------- (iv) Shared power to dispose or to direct the disposition of: -0- ----- - ---------------- (1) Of the 8,634,012 shares beneficially owned by Pan Pacific Development (U.S.) Inc. ("PPD(U.S.)"), 551,574 shares are held by its wholly-owned subsidiaries. (2) All of the shares of Pan Pacific Retail Properties, Inc. beneficially owned by PPD(U.S.) are pledged as collateral under an outstanding revolving credit loan. Although the lender has no voting power or disposition power with respect to the pledged shares unless a default under the loan occurs, PPD(U.S.) has agreed not to sell or otherwise dispose of the pledged shares without the lender's consent. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. ITEM 10. CERTIFICATION. Not applicable. CUSIP No. 69806 L 10 4 13G Page 5 of 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 12, 1998 /s/ Paul W. Hellen --------------------------------------- Secretary Pan Pacific Development (U.S.) Inc. -----END PRIVACY-ENHANCED MESSAGE-----