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	<title>Stock Blog Hub &#187; BRE Properties Inc.</title>
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		<title>(BRE) BRE Properties Beats Estimates</title>
		<link>http://www.stockbloghub.com/2011/08/04/bre-bre-properties-beats-estimates/80633</link>
		<comments>http://www.stockbloghub.com/2011/08/04/bre-bre-properties-beats-estimates/80633#comments</comments>
		<pubDate>Thu, 04 Aug 2011 15:45:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[BRE]]></category>
		<category><![CDATA[BRE Properties Inc.]]></category>
		<category><![CDATA[EQR]]></category>
		<category><![CDATA[Equity Residential]]></category>

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		<description><![CDATA[BRE Properties Inc (BRE) reported second quarter 2011 funds from operations (FFO) of $34.9 million or 49 cents per share versus $28.9 million or 46 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.  Recurring FFO in the quarter inched past the Zacks Consensus Estimate by a penny. Total revenue from continuing operations during the second quarter was $93.5 million versus $84.0 million in the year-ago quarter. Adjusted earnings before interest, tax depreciation and amortization (EBITDA) were $59.6 million in second quarter 2011 compared with $54.6 million in the year-earlier quarter. Overall same-store revenues and net operating income increased 2.9% and 4.4%, respectively, driven by ]]></description>
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		<title>(BRE) BRE Properties Offers Common Shares</title>
		<link>http://www.stockbloghub.com/2010/04/01/bre-bre-properties-offers-common-shares/32647</link>
		<comments>http://www.stockbloghub.com/2010/04/01/bre-bre-properties-offers-common-shares/32647#comments</comments>
		<pubDate>Thu, 01 Apr 2010 21:47:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[BRE]]></category>
		<category><![CDATA[BRE Properties Inc.]]></category>

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		<description><![CDATA[BRE Properties (BRE), a leading real estate investment trust (REIT), has recently announced plans to offer 5 million common shares to raise cash and repay debt. The company will also grant the underwriters a 30-day option to purchase an additional 750,000 shares to cover any over-allotments. BofA Merrill Lynch and Wells Fargo Securities are acting as joint book-running managers for the public offering. BRE Properties intends to utilize the proceeds from the offering to reduce debt under its unsecured revolving credit facility. At year-end 2009, BRE Properties had total debt of approximately $1.9 billion. The company also expects to use the residual cash to fund its development activity. By the end of fourth quarter 2009, BRE Properties had two communities under construction (566 units) at an estimated total cost of ]]></description>
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		<title>(BRE) BRE Properties Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/03/25/bre-bre-properties-incorporated-bear-of-the-day/31628</link>
		<comments>http://www.stockbloghub.com/2010/03/25/bre-bre-properties-incorporated-bear-of-the-day/31628#comments</comments>
		<pubDate>Thu, 25 Mar 2010 21:44:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[BRE]]></category>
		<category><![CDATA[BRE Properties Inc.]]></category>

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		<description><![CDATA[Our long-term recommendation for BRE Properties (BRE) is Underperform as we anticipate it to perform well below the broader market. We expect continued volatility in the multifamily sector with increasing job cuts and decline in the market fundamentals. BRE Properties also has exposure to some weakening multifamily markets, notably, The Inland Empire, Los Angeles, and Orange County. However, home values in most of BRE Properties markets are still among the highest in the country and the rent-to-own gap remains high. The company also maintains strong occupancy levels and high operating margins. If the company can weather the current storm, it may expect a reversal of fortunes. However, our target price of $32.00 at 16.4X 2010 FFO/Share factors in the view that BRE will perform well below the broader market. Zacks ]]></description>
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		<title>(BRE) BRE Properties&#8217; Fund From Operations Plummets</title>
		<link>http://www.stockbloghub.com/2010/02/03/bre-bre-properties-fund-from-operations-plummets/26919</link>
		<comments>http://www.stockbloghub.com/2010/02/03/bre-bre-properties-fund-from-operations-plummets/26919#comments</comments>
		<pubDate>Wed, 03 Feb 2010 20:22:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[BRE]]></category>
		<category><![CDATA[BRE Properties Inc.]]></category>

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		<description><![CDATA[BRE Properties Inc. (BRE), a real estate investment trust (REIT) that operates apartment communities, has reported a decline in fourth quarter 2009 FFO (fund from operations) to $16.0 million or 29 cents per share compared to $36.1 million or 69 cents per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. For full year 2009, FFO was $120.8 million or $2.23 per share compared to $141.8 million or $2.69 per share in the previous year. Total revenues from continuing operations during the quarter were $85.5 million versus $86.9 million in the year-ago quarter. For full year 2009, total revenues from continuing operations were $344.6 million compared to ]]></description>
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		<title>(BRE) BRE Properties&#8217; Funds From Operations Declines</title>
		<link>http://www.stockbloghub.com/2009/11/04/bre-bre-properties-funds-ffrom-operations-declines/19671</link>
		<comments>http://www.stockbloghub.com/2009/11/04/bre-bre-properties-funds-ffrom-operations-declines/19671#comments</comments>
		<pubDate>Thu, 05 Nov 2009 00:02:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[BRE]]></category>
		<category><![CDATA[BRE Properties Inc.]]></category>

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		<description><![CDATA[BRE Properties Inc. (BRE), a real estate investment trust (REIT) that operates apartment communities, has reported a decline in third quarter 2009 FFO (fund from operations) to $32.5 million or 59 cents per share compared to $36.3 million or 69 cents per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. Total revenues from continuing operations during the quarter were $86.5 million versus $87.9 million in the year-ago quarter. Adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) were $55.7 million for the quarter, compared to $61.8 million in the prior year quarter. Overall same-store net operating income decreased 7.9% during the quarter, primarily due to a ]]></description>
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