CAMDEN PROPERTY TRUST T.CPT

Primary Symbol: CPT

Camden Property Trust is a real estate investment trust (REIT). The Company and its subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owns interests in, operates and develops 176 multifamily properties comprised of 59,800 apartment homes across the United States. Its four properties were under construction and consist of a total of 1,166 apartment homes. The Company’s properties consist of mid-rise buildings or two- and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties. The Company's properties include Camden Chandler, Camden Copper Square, Camden Foothills, Camden Legacy, and others. Its properties are located in Arizona, California, Colorado, Florida, Georgia, North Carolina, Washington District of Columbia (DC) Metro and Texas, among others.

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CAMDEN PROPERTY TRUST

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Comment by ggnineon Jan 08, 2005 12:05pm

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Post# 8404880

RE: my interpretation

Not sure your figures are correct. Not saying there wrong either. Do you consider this plan a takeover by Sun Media -or ? "(Upon completion of this transaction, the parties have agreed that SEG will enter into a management contract with CAG for 2 years in exchange for 250,000 post-consolidated shares as compensation. Wow!!)" I don't understand this..What does this mean and why are they entering a management contract with a company they already own? What is Sun Media getting out of this?

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