Gables Residential Trust - GBP- Profile

Gables Residential Trust. The Group's principal activity is that of an Investment Trust. The Group primarily owns, manages, develops, acquires and disposes multi-family apartment communities. The Group has been approved as a Real Estate Investment Trust by the Internal Revenue Code. As on 25-May-2005, the Group manages 41,303 apartment homes in 161 communities, including 81 communities with 20,860 stabilized apartment homes in Atlanta, Houston, South Florida, Austin, Dallas, Washington, DC, and San Diego. The Group operates additional 11 communities with 2,673 apartment homes under development or lease-up. The Group acquired Income Growth Property Management Inc in 2004. Owns, manages, constructs, develops, acquires and disposes multi-family apartment communities