government between

8%, the
highest increase in the history of the Company, to $0.

russia employment

Regions profiled:
- Austria
- Belgium
- Denmark
- Finland
- France
- Germany
- Italy
- Netherlands
- Portugal
- Spain
- Sweden
- Switzerland
- UK
- NA
- US
- Canada
- Eastern Europe
- Russian Federation
- Africa
- Middle East
- Central + South America
- Low Income Asia-Pacific
- Korea
- Australia
- Japan
- Total High Income Asia-Pacific

For more information visit
http://www.

regional directories

DUBLIN, Ireland, Research and Markets
(http://www .7 million square feet of retail space.

republic views

Research and Markets: Study These Global Forecasts for the Wireless Broadband Market Now

Pan Pacific Retail Properties Announces 8.8% Increase in Quarterly Dividend to $0.59 Per Share

oulu russia

regional transportation

northern western

(Logo: http://www.com
Fax: +353 1 4100 980

(NYSE:PNP ) today reported its Board of Directors
declared the regular quarterly dividend, increasing it by 8.
Pan Pacific is headquartered in Vista (San Diego), California, and
has regional offices located in Sacramento, California; Kent,
Washington; Portland, Oregon; and Las Vegas, Nevada.

southern environment

land maps

is an equity real estate
investment trust (REIT) traded on the New York Stock Exchange under
the symbol PNP .

russia transportation

pprp.

lapland regions

Sites related to Finland, a republic situated in Northern Europe between Sweden and Russia.

between southern

36
per share on an annualized basis.

directories government

com/reports/c13859) has announced the addition
of Wireless Broadband: Forecast + Business Case Spreadsheet to their offering.

government finland

western northern

59 per share is equivalent to $2. Pan Pacific 's
portfolio currently totals 133 properties, encompassing approximately
21.com

oulu employment

employment southern

8%, equating to an average dividend
increase of approximately 7.

regional western

59 per share,
payable on March 15 , 2005 to stockholders of record on February 25,
2005.

finland situated

The
Company's strategy is aimed at providing stockholders with long-term
stable cash flow through maintaining a diverse portfolio and tenant
base , balanced with consistent growth through implementing its
acquisition and property management programs .

regional russia

researchandmarkets. Since its initial public offering in
1997, the Company has increased its dividend each year for a total
increase of approximately 62.8% per year.

ABOUT PAN PACIFIC RETAIL PROPERTIES

Pan Pacific Retail Properties, Inc.

between lapland

government land

The quarterly dividend of $0. The portfolio is principally
diversified across five distinct regions in the Western United States:
Northern California, Southern California, Washington, Oregon and
Nevada.
Pan Pacific focuses on creating long-term stockholder value by
specializing in the acquisition, ownership and management of community
and neighborhood shopping centers for everyday essentials.
Additional information on Pan Pacific is available on the
Company's web site at www.

employment situated

newscom.com/reports/c13859

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets. The Company is the largest neighborhood shopping
center REIT focused exclusively on the West Coast.

regional eastern

researchandmarkets.com/cgi-bin/prnh/20040820 /RESEARCH )
This detailed Excel spreadsheet contains the country, regional, and global
forecasts along with the business case model in "Wireless Broadband: Will
WiMAX Replace 3G and Fixed Broadband? "

Business case includes:
- metro assumptions
- metro model
- rural assumptions
- rural model

Forecasts for broadband wireless cumulative subscribers , 3G, WiMAX, other
technologies including cable modem and DSL for main countries.

Business Editors/Real Estate Writers

SAN DIEGO----Pan Pacific Retail
Properties, Inc.