Essex Reports Characteristics of 2011 Dividend

(firmenpresse) - PALO ALTO, CA -- (Marketwire) -- 01/17/12 -- Essex Property Trust, Inc. (NYSE: ESS), a real estate investment trust (REIT) that invests in apartment communities located in highly desirable, supply-constrained markets, announced today the income tax treatment for its 2011 distributions to shareholders. The 2011 distribution characteristics are as follows:







For purposes of calculating alternative minimum taxable income under Sec. 55 of the Internal Revenue Code of 1986, the Company apportions $0.09 per common share attributable to depreciation assuming a full year of ownership.



















The Company did not incur any foreign taxes during 2011.

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.

Essex Property Trust, Inc., located in Palo Alto, California and traded on the New York Stock Exchange (ESS), is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast communities. Essex currently has ownership interests in 155 multifamily communities with an additional 5 properties in various stages of development. Additional information about Essex can be found on the Company's web site at . If you would like to receive future press releases via e-mail-please send a request to .



Bryan Hunt
(650) 849-5823

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 18.01.2012 - 00:48 Uhr
Sprache: Deutsch
News-ID 105136
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PALO ALTO, CA

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Residential Real Estate

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