American Campus Communities, Inc. : American Campus Communities Launches Interactive 2011 Annual Review
04/02/2012| 11:25am US/Eastern
ACC is bringing quality together with internal value creation and
American Campus Communities Inc. (NYSE:ACC), the largest owner, manager
and developer of high-quality student housing properties in the U.S.,
announced today the online availability of its 2011 Annual Review. This
marks the fourth release of the interactive online format in support of
the company's sustainability platform and to reach a broader audience
through social media channels.
The "Bringing Quality Together" interactive site and video illustrate a
year of positive results while positioning the company for value
creation through the addition of new high-quality developments that meet
the company's investment criteria. Viewers can see year-end performance
metrics, a property list and statistics, and new student communities
that will be delivered in 2012.
"2011 was another year of solid execution thanks to the efforts of the
ACC team," said Bill Bayless, American Campus CEO. "And we are excited
about the groundwork we laid for future value creation and the high
quality of our growth assets and corresponding income stream."
Between Fall 2011 and Fall 2013, the company expects to add no fewer
than 25 properties worth more than $1 billion to the portfolio with 80
percent of the assets as new ACC developments built to high-quality
material specifications that feature differentiated products designed
specifically to each market based on the company's in-house research.
Additionally, the properties offer competitive rents that are affordable
to a broad range of the overall student enrollment at each institution.
To view the 2011 Interactive Annual Review, visit the company's website
About American Campus Communities
American Campus Communities, Inc. is the largest owner, manager and
developer of high-quality student housing communities in the United
States. The company is a fully integrated, self-managed and
self-administered equity real estate investment trust (REIT) with
expertise in the design, finance, development, construction management
and operational management of student housing properties. American
Campus Communities owns 120 student housing properties containing
approximately 74,900 beds. Including its owned and third-party managed
properties, ACC's total managed portfolio consists of 147 properties
with approximately 97,800 beds. Visit www.americancampus.com
In addition to historical information, this press release contains
forward-looking statements under the federal securities law. These
statements are based on current expectations, estimates and projections
about the industry and markets in which American Campus operates
management's beliefs, and assumptions made by management.
Forward-looking statements are not guarantees of future performance and
involve certain risks and uncertainties, which are difficult to predict.
American Campus Communities, Inc., Austin
Gina Cowart, 512-732-1000
© Business Wire 2012