Investing

EastGroup Properties Announces Presentation at Wells Fargo 13th Annual Global Real Estate Securities Conference

Jackson, MS - December 9, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the Wells Fargo 13th Annual Global Real Estate Securities Conference. EastGroup’s presentation is scheduled for Wednesday, December 9, 2009 at 9:05 a.m., EST. The presentation will be live via web cast and is accessible at http://www.wsw.com/webcast/wa58/egp/ the day of the conference and will be archived at the same URL for 90 days.

EastGroup Properties Announces 120th Consecutive Quarterly Cash Dividend

Jackson, MS - December 3, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.52 per share payable on December 31, 2009 to shareholders of record of Common Stock on December 18, 2009. This dividend is the 120th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $2.08 per share.

EastGroup Properties Announces Third Quarter 2009 Conference Call and Webcast

Jackson, MS - September 28, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Third Quarter Conference Call and webcast on Thursday, October 29, 2009 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the third quarter results and discuss EastGroup’s current operations.

EastGroup Properties Acquires Las Vegas Property for $11.1 Million

Jackson, MS - June 02, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of the Arville Distribution Center in Las Vegas, Nevada for a purchase price of $11,050,000. Arville, which was constructed in 1997, is a two building, business distribution complex containing 142,000 square feet and is located in the close-in southwest submarket of the city. It is 77% leased to eight customers and is projected to generate an annualized 8.2% yield at its current occupancy.

EastGroup Properties Announces Fourth Quarter 2008 Conference Call and Webcast

Jackson, MS - January 09, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Conference Call and Web Cast on Thursday, February 12, 2009 at 11:00 A.M. Eastern Time.

More world-class companies are choosing to locate in Mississippi

I was in the Golden Triangle last week to participate in grand opening ceremonies for Stark Aerospace, an Israeli-based defense firm with expertise in manufacturing unmanned aerial vehicles. This event provides yet another example of the success we have had in attracting world-class, high-tech companies to Mississippi in recent months.