Gables Residential to Present at the NAREIT Institutional Investor Forum; Webcast Available
June 02 2005 - 4:18PM
Business Wire
Gables Residential (NYSE: GBP) (the "Company") today announced that
David D. Fitch, Gables Residential's CEO will present at the NAREIT
Institutional Investor Forum in New York City on Wednesday, June 8,
2005. Mr. Fitch's presentation will be at 3:10 p.m. Eastern Time.
The presentation may be accessed live via the Company's website at
www.gables.com. A replay of the presentation will also be available
on the Company's website from one hour following the presentation
for one year. With a mission of Taking Care of the Way People
Live(R), Gables Residential has received national recognition for
excellence in the management, development, acquisition and
construction of luxury multi-family communities in high job growth
markets. The Company's strategic objective is to produce total
returns through monthly dividends and share price changes that
exceed the NAREIT apartment sector index. The Company has a
research-driven strategy focused on markets characterized by high
job growth and resiliency to national economic downturns. Within
these markets, the Company targets Established Premium
Neighborhoods(TM) ("EPN's"), generally defined as areas with high
per square foot prices for single-family homes. By investing in
resilient, demand-driven markets and EPN locations with barriers to
entry, the Company expects to achieve its strategic objective. The
Company is one of the largest apartment operators in the nation and
currently manages 41,671 apartment homes in 161 communities,
including the 81 communities it owns with 20,860 stabilized
apartment homes primarily in Atlanta, Houston, South Florida,
Austin, Dallas, Washington, D.C., and San Diego/Inland Empire and
has an additional 11 communities with 2,673 apartment homes under
development or lease-up. For further information, please contact
Gables Investor Relations at (800) 371-2819 or access Gables
Residential's website at www.gables.com.
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