Essex Property Trust Declares Quarterly Distributions

SAN MATEO, CA--(Marketwired - December 16, 2015) - Essex Property Trust, Inc. (NYSE: ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.44 per common share payable January 15, 2016 to shareholders of record as of January 4, 2016.

The Board of Directors has also declared a regular quarterly distribution for its Series H Preferred Stock for the fourth quarter of 2015 in the amount of $0.44531 per share. The preferred dividend is payable on January 15, 2016 to Series H preferred stockholders of record on January 4, 2016.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 244 apartment communities with an additional 9 properties in various stages of active development. Additional information about Essex can be found on the Company's web site at www.essex.com.