AMB Property Corporation Declares Dividend.SAN FRANCISCO--(BUSINESS WIRE)--Dec. 8, 1997--The Board of Directors of AMB AMB Ambient AMB Ambassador AMB Amber AMB Ambulance AMB Associação Médica Brasileira (Brazil) AMB Ambulatory AMB Advanced Memory Buffer (FBDIMM control unit on DRAM) Property Corporation (NYSE NYSE See: New York Stock Exchange :AMB) declared a dividend of $0.134 per share of its common stock. The dividend covers the period from November 26 through December 31, 1997. The dividend is payable on December 29, 1997 to shareholders of record as of close of business on December 18, 1997. AMB Property Corporation completed its initial public offering on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. November 26, 1997. The dividend was stated in the company's prospectus dated November 21, 1997. AMB Property Corporation is a national real-estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) engaged in acquiring, owning and operating industrial property and community shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into nationwide. The company is one of the country's largest publicly-traded REITs today with more than $2.2 billion in total assets. Assuming completion of a pending acquisition, AMB will have over 390 buildings totaling 43.6 million square feet located in 26 markets nationwide. CONTACT: AMB Property Corporation Jean Collier Hurley, 415/394-9000 |
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