Essex Closes $16B Merger with BRE “Essex Property Trust, Inc. and BRE Properties have finally accomplished the $16.2 billion merger. This led to the creation of a premium West Coast pure play multifamily REIT with an equity market capitalization of about $11.1 billion. The combined entity’s common stock will now trade under the symbol ESS on the New York Stock Exchange. Former Essex stockholders have around 63% of the combined company's common stock and former BRE ...
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