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| Camden Property Trust and Oasis Residential, Inc. Announce Special Shareholder Meeting |
HOUSTON, Feb. 18 /PRNewswire/ -- Camden Property Trust (NYSE: CPT) and
Oasis Residential, Inc. (NYSE: OAS) today announced that their special
shareholder meetings to consider the proposed merger of Oasis into Camden will
be held on April 8, 1998. The companies announced their plan to merge on
December 16, 1997. Both companies expect to distribute a joint proxy
statement on or about March 2, 1998.
The Camden meeting will be held at The Houstonian, 111 North Post Oak
Lane, Houston, Texas, at 10:00 a.m., Central Time. The Oasis meeting will be
held at Oasis Del Mar, 9225 West Charleston Boulevard, Las Vegas, Nevada,
at 10:00 a.m. Pacific Time. Shareholders of record of each company, as of
February 27, 1998, will be eligible to vote at the respective meetings.
Camden Property Trust and Oasis Residential, Inc. are fully integrated
real estate investment trusts (REITs) headquartered in Houston, Texas and Las
Vegas, Nevada, respectively. Camden Property Trust owns interests in and
operates 100 properties containing 34,669 apartment homes in Sunbelt and
Midwestern markets from Florida to Arizona. Upon completion of the six
properties under construction, the Company's portfolio will increase to
37,012 apartment homes in 106 properties. Oasis currently owns interests in
and operates 52 properties containing 15,117 apartment homes in Nevada,
Colorado and California, with one construction property underway. Upon
completion of the merger, the transaction will make Camden the third largest
multifamily REIT in the United States.
SOURCE Camden Property Trust
back to topRelated links:
Richard J. Campo or D. Keith Oden of Camden
Property Trust, 800-9CAMDEN, or 713-964-3555
