Profile: Douglas Emmett Inc (DEI.N)

DEI.N on New York Stock Exchange

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Douglas Emmett, Inc., incorporated on June 28, 2005, is a self-administered and self-managed Real Estate Investment Trust (REIT). The Company is an owner and operator of office and multifamily properties located in submarkets in California and Hawaii. The Company operates in two business segments: the acquisition, development, ownership and management of office real estate, and the acquisition, development, ownership and management of multifamily real estate. The products for its office segment include primarily rental of office space and other tenant services including parking and storage space rental. The products for its multifamily segment include rental of apartments and other tenant services including parking and storage space rental. Through the Company’s interest in Douglas Emmett Properties, LP (operating partnership) and its subsidiaries, including its investments in institutional real estate funds (Funds), it owns or partially owns, manages, leases, acquires and develops real estate, consisting primarily of office and multifamily properties. In May 2013, acquired a 225,000 square foot Class A multi-tenant office building.

At December 31, 2012, its portfolio of properties included 50 office properties (including ancillary retail space) totaling approximately 12.9 million rentable square feet of space and nine multifamily properties containing 2,868 apartment units, as well as the fee interests in two parcels of land subject to ground leases. As of December 31, 2012, the Company also managed and owned equity interests in two unconsolidated institutional real estate funds and owned eight additional office properties totaling approximately 1.8 million square feet of space. The Company manages these 8 properties alongside its consolidated portfolio; therefore the Company presents its office portfolio statistics on a total portfolio basis, with a combined 58 office properties totaling approximately 14.7 million square feet. All of these properties are concentrated in 9 Los Angeles County submarkets - Brentwood, Olympic Corridor, Century City, Santa Monica, Beverly Hills, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills and Burbank, as well as in Honolulu, Hawaii.

Company Address

Douglas Emmett Inc

Suite 200, 808 Wilshire Boulevar
SANTA MONICA   CA   90401
P: +1310.2557700
F: +1310.2557701

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