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Slide #3. Essex Property Trust, Inc. — BRE Properties, Inc.
Acquirer:
Essex Property Trust, Inc. (ESS)
Acquiree:
BRE Properties, Inc. (BRE)
Details:
Essex Property Trust, Inc. (NYSE: ESS) and BRE Properties, Inc. (NYSE: BRE) announced today the completion of the merger of the two companies, forming a combined company with equity market capitalization of approximately $11.1 billion and a total market capitalization of approximately $16.2 billion. The common stock of the combined company will trade under the symbol ESS on the New York Stock Exchange.
Essex Property Trust operates as a self-administered and self-managed real estate investment trust. Co. owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. (the Operating Partnership). Co. is the sole general partner of the Operating Partnership. Co. is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the U.S. Co. owns or has ownership interests in various operating apartment communities.
Essex Property Trust SEC Filing Email Alerts Service
Preferred: ESS.PRH
Open the ESS Page at The Online Investor »
Essex Property Trust operates as a self-administered and self-managed real estate investment trust. Co. owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. (the Operating Partnership). Co. is the sole general partner of the Operating Partnership. Co. is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the U.S. Co. owns or has ownership interests in various operating apartment communities.
Essex Property Trust SEC Filing Email Alerts Service
Preferred: ESS.PRH
Open the BRE Page at The Online Investor »
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