Camden Property Trust (CPT) 2018年年度报告「NYSE」.pdf

1、ANNUALREPORT2018CAMDEN SHADY GROVE ROCKVILLE,MD2018 ANNUAL REPORT PG 1Camden Property Trust,an S&P 400 Company,is a real estate company primarily engaged in the ownership,management,development,redevelopment,acquisition and construction of multifamily apartment communities.Camden has been a publicly

2、-traded real estate investment trust(REIT)since 1993 and has a high-quality,geographically diverse portfolio of apartment communities located in some of the nations highest growth markets.Our strategy of focusing our operations in markets with high projected employment and population growth helps en

3、sure sustainable demand for Camdens apartment homes.ANNUALREPORT2018PG 2 2018 ANNUAL REPORTTHE CAMDEN HOLLYWOOD,CACAMDEN WASHINGTONIAN GAITHERSBURG,MDTOTAL ANNUALIZED SHAREHOLDER RETURNSCPTMultifamily Peers*(As of 12/31/18)*Multifamily Peers:AIV,AVB,EQR,ESS,MAA and UDR Source:S&P Global Market Intel

4、ligenceS&P 5003 YR10.2%14.2%15.9%2.8%12.8%14.9%9.3%8.5%13.1%5 YR10 YR2018 ANNUAL REPORT PG 3CAMDEN THORNTON PARK ORLANDO,FLCAMDEN MCGOWEN STATION HOUSTON,TXCAMDEN PIER DISTRICT ST.PETERSBURG,FL*Excludes special dividend of$4.25 per share paid on 9/30/16Source:Company ReportsCAMDEN NORTH QUARTER ORLA

5、NDO,FL2014 2015 2016*2017 2018EARNINGS&DIVIDEND GROWTHDIVIDENDS PER SHAREAFFO PER SHAREFFO PER SHARE$2.00$2.75$3.50$4.25$5.00PG 4 2018 ANNUAL REPORT121415571093134681112 1.Washington,DC Metro 16.5%2.Houston,TX 10.8%3.Los Angeles/Orange County,CA 8.5%4.Atlanta,GA 8.1%5.Dallas,TX 7.2%6.Southeast FL 7.

6、2%7.Denver,CO 6.1%8.Orlando,FL 6.1%9.Charlotte,NC 5.8%10.Phoenix,AZ 5.6%11.Tampa,FL 4.7%12.Raleigh,NC 4.4%13.San Diego/Inland Empire,CA 4.4%14.Austin,TX 3.8%15.Corpus Christi,TX 0.8%4Q18 NOI CONTRIBUTION (Includes pro-rata share of NOI from JVs)CAMDEN PACES ATLANTA,GACAMDEN VICTORY PARK DALLAS,TXSou