BRE Properties Announces Tax Status of 2012 Dividends

BRE Properties Announces Tax Status of 2012 Dividends

SAN FRANCISCO--(BUSINESS WIRE)-- BRE Properties, Inc. (NYS: BRE) , a leading real estate investment trust (REIT) with apartment communities located primarily in the major metropolitan markets of coastal California and metropolitan Seattle, announced today the 2012 dividend tax status of its distributions to shareholders. The 2012 distribution classifications are:

2012 Dividend Tax Status

Common Shares Distribution (CUSIP 05564E106):

Cash

Taxable

Record

Payment

Distribution

Ordinary

Qualifying

Long- Term

Unrecaptured

Return of

Date

Date

Per Share

Dividend

Dividend

Capital Gain

Section 1250 Gain

Capital

3/15/2012

3/30/2012

$0.385000

$0.151814

$0.000000

$0.172182

$0.061004

$0.000000

6/15/2012

6/29/2012

$0.385000

$0.151814

$0.000000

$0.172182

$0.061004

$0.000000

9/14/2012

9/28/2012

$0.385000

$0.151814

$0.000000

$0.172182

$0.061004

$0.000000

12/14/2012

12/31/2012

$0.385000

$0.151814

$0.000000

$0.172182

$0.061004

$0.000000

Total:

$1.540000

$0.607256

$0.000000

$0.688728

$0.244016

$0.000000

Percentage:

100%

39%

0%

45%

16%

0%

Series D Preferred Distribution (CUSIP 05564E601):

Taxable

Record

Payment

Cash Distribution

Ordinary

Qualifying

Long- Term

Unrecaptured

Return of

Date

Date

Per Share

Dividend

Dividend

Capital Gain

Section 1250 Gain

Capital

3/15/2012

3/30/2012

$0.421875

$0.166354

$0.000000

$0.188674

$0.066847

$0.000000

6/15/2012

6/29/2012

$0.421875

$0.166354

$0.000000

$0.188674

$0.066847

$0.000000

9/14/2012

9/28/2012

$0.421875

$0.166354

$0.000000

$0.188674

$0.066847

$0.000000

12/14/2012

12/31/2012

$0.421875

$0.166354

$0.000000

$0.188674

$0.066847

$0.000000

Total:

$1.687500

$0.665416

$0.000000

$0.754696

$0.267388

$0.000000

Percentage:

100%

39%

0%

45%

16%

0%

Wells Fargo Shareowner Services will distribute copies of IRS Form 1099-DIV to 2012 registered shareholders of record of BRE's common and preferred stock. Beneficial shareholders who held BRE's stock in "street name" during 2012 will receive the form from their bank, brokerage or nominee. BRE recommends shareholders consult a tax professional to determine how distributions should be reported on state and federal tax forms.


About BRE Properties

BRE Properties, based in San Francisco, California, focuses on the development, acquisition and management of apartment communities located primarily in the major metropolitan markets of Southern and Northern California and Seattle. BRE Properties is a real estate investment trust (REIT) listed in the S&P MidCap 400 Index. For more information on BRE Properties, please visit our website at www.breproperties.com.



BRE Properties, Inc.
Stephanie Andre, 415-445-3745

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

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