Equity One Declares Third Quarter 2004 Dividend
NORTH MIAMI BEACH, Fla., Aug. 26 /PRNewswire-FirstCall/ -- Equity One, Inc. (NYSE:EQY), an owner, developer and operator of community and neighborhood
shopping centers located predominantly in high growth markets in the southern
United States, announced today that its Board of Directors has declared a cash
dividend of $0.28 per share of its common stock for the quarter ending
September 30, 2004, payable on September 30, 2004 to stockholders of record on
September 16, 2004.
About Equity One, Inc.
Equity One is a real estate investment trust that principally acquires,
renovates, develops and manages neighborhood and community shopping centers
anchored by national and regional supermarket chains and other necessity-
oriented retailers such as drug stores or discount retail stores. Our 20.7
million square foot portfolio consists of 188 properties located primarily in
metropolitan areas of the southern United States, encompassing 128
supermarket-anchored shopping centers, 10 drug store-anchored shopping centers,
44 other retail-anchored shopping centers, a self-storage facility, an
industrial property and four retail developments, as well as non- controlling
interests in two unconsolidated joint ventures. For additional information,
please visit our web site at http://www.equityone.net/.
Forward-Looking Statements Certain matters discussed by Equity One in this press release constitute
forward-looking statements within the meaning of the federal securities laws. Although Equity One believes that the expectations reflected in such forward-
looking statements are based upon reasonable assumptions, it can give no
assurance that these expectations will be achieved. Factors that could cause
actual results to differ materially from current expectations include changes
in macro-economic conditions and the demand for retail space in Florida, Texas,
Georgia and the other states in which Equity One owns properties; the
continuing financial success of Equity One's current and prospective tenants;
continuing supply constraints in its geographic markets; the availability of
properties for acquisition; the success of its efforts to lease up vacant
properties; the effects of natural and other disasters; the ability of Equity
One successfully to integrate the operations and systems of acquired companies
and properties; and other risks, which are described in Equity One's filings
with the Securities and Exchange Commission. DATASOURCE: Equity One, Inc.
CONTACT: Howard Sipzner, EVP & CFO, Equity One, Inc., +1-305-947-1664, or Media, David Schull, +1-305-446-2700, for Equity One Web site: http://www.equityone.net/
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