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EQR » Topics » Same-Store Results

This excerpt taken from the EQR 8-K filed Feb 6, 2008.

Same-Store Results

On a same-store fourth quarter to fourth quarter comparison, which includes 123,639 apartment units, revenues increased 3.9 percent, expenses increased 0.3 percent and NOI increased 6.0 percent. The increase in same-store revenues was driven primarily by increases in average rental rates.

On a same-store year over year comparison, which includes 115,857 apartment units, revenues increased 4.3 percent, expenses increased 2.1 percent and NOI increased 5.6 percent.

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