SAN FRANCISCO, Nov. 11 /PRNewswire-FirstCall/ -- BRE Properties, Inc. today announced that members of the company''s executive team would attend the National Association of Real Estate Investment Trust (NAREIT) Annual Conference in Phoenix, Ariz., November 11-13, 2009. During the conference, the company will meet with investors and industry analysts in a series of one-on-one meetings. Participating in the meetings will be Constance B. Moore, BRE''s president and chief executive officer; Edward F. Lange, executive vice president, chief operating officer; and John A. Schissel, executive vice president, chief financial officer. The presentation material prepared for these meetings is available on the company''s Web site, http://www.breproperties.com/, in the Investors section, under Presentations.
About BRE Properties
BRE Properties, based in San Francisco, Calif., owns and manages apartment communities convenient to its residents'' work, shopping, entertainment and transit in supply-constrained Western U.S. markets. BRE directly owns and operates 73 apartment communities totaling 21,245 units in California, Arizona and Washington. The company invests in communities through acquisition and development, and currently has five properties in various stages of development and construction, totaling 1,526 units, and joint-venture interests in 13 additional apartment communities, totaling 4,080 units. BRE Properties is a real estate investment trust (REIT) listed in the S&P MidCap 400 Index. For more information on BRE Properties, please visit our Web site at http://www.breproperties.com/. (Property data as of 09/30/09)
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, this news release contains forward-looking statements regarding the company''s capital resources, portfolio performance and results of operations, and is based on the company''s current expectations and judgment. You should not rely on these statements as predictions of future events because there is no assurance that the events or circumstances reflected in the statements can be achieved or will occur. Forward-looking statements are identified by words such as "believes," "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates," or "anticipates" or their negative form or other variations, or by discussions of strategy, plans or intentions. The following factors, among others, could affect actual results and future events: defaults or nonrenewal of leases, increased interest rates and operating costs, failure to obtain necessary outside financing, difficulties in identifying properties to acquire and in effecting acquisitions, failure to successfully integrate acquired properties and operations, inability to dispose of assets that no longer meet our investment criteria under applicable terms and conditions, risks and uncertainties affecting property development and construction (including construction delays, cost overruns, inability to obtain necessary permits and public opposition to such activities), failure to qualify as a real estate investment trust under the Internal Revenue Code of 1986, as amended, and increases in real property tax rates. The company''s success also depends on general economic trends, including interest rates, tax laws, governmental regulation, legislation, population changes and other factors, including those risk factors discussed in the section entitled "Risk Factors" in the company''s most recent Annual Report on Form 10-K as they may be updated from time to time by the company''s subsequent filings with the Securities and Exchange Commission, or SEC. Do not rely solely on forward-looking statements, which only reflect management''s analysis. The company assumes no obligation to update this information. For more details, refer to the company''s SEC filings, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
BRE Properties, Inc.
CONTACT: Investors, John A. Schissel, +1-415-445-3709, or Media, Thomas
E. Mierzwinski, +1-415-445-6525, both of BRE Properties, Inc.
Web Site: http://www.breproperties.com/
