Real Estate CEO Hits The Road To Meet With Shareholder (NAPSA)—In a time of fre- quently dismal financial news, one real estate company has reached out to communicate with shareholders, meeting face to face on a 12-city tour. “Investors in any company are concerned right now. So we think it’s more important than ever to be accessible and accountable,” said Leo Wells, president of Wells REIT II, a real estate investment trust that owns and managesprimarily Class-A office properties. Wells and other company executives recently met with more than 1,000 shareholders in a dozen cities from coast to coast. Shareholders participated in an informal stockholders’ meeting mirroring the annual meeting held each year in Norcross, Ga., and had the op- portunity to ask questions of com- pany management. Wells REIT II, with more than 100,000 active investors, is a real estate investment trust that is not traded on the stock market. “One of the major questions we heard from shareholders was how the drop in the markets affects them,” Wells said. “They’re concerned about the future, of course, and we talked a lot about the merits of a long-term investment program.” Photo: Martyna Borkowski Leo Wells, president of Wells REIT Il, recently concluded a 12city shareholders tour. The Wells REIT II portfolio includes 83 office and industrial buildings in 23 states and Wash- ington, D.C., covering 20 million square feet. More than $4 billion has been invested in Wells REIT II. For more information on the REIT, visit www.wellsreitII.com. Wells Real Estate Funds, spon- sor of Wells REIT II, is a national real estate investment company founded in suburban Atlanta in 1984. In its history, Wells investment offerings—current and closed—have invested more than $12 billion in real estate for more than 250,000 investors. For more information, see www.wellsref.com.
