BRE PROPERTIES INC

CUSIP: 05564E106 Class: CL A

TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA's Holding History (CIK: 0000315038)

Note: Option positions (PUT/CALL) are excluded.

Q1 2014
Shares 185,758 Value ($000) $11,662 Avg Close — Range —
Q4 2013
Shares 187,688 Value ($000) $10,268 Avg Close — Range —
Q3 2013
Shares 189,418 Value ($000) $9,615 Avg Close — Range —
Q2 2013
Shares 195,698 Value ($000) $9,789 Avg Close — Range —
Q1 2008
Shares 85,300 Value ($000) $3,886 Avg Close — Range —
Q4 2007
Shares 86,500 Value ($000) $3,506 Avg Close — Range —
Q3 2007
Shares 86,500 Value ($000) $4,838 Avg Close — Range —
Q2 2007
Shares 92,400 Value ($000) $5,478 Avg Close — Range —
Q1 2007
Shares 92,400 Value ($000) $5,835 Avg Close — Range —
Q4 2006
Shares 94,200 Value ($000) $6,125 Avg Close — Range —
Q3 2006
Shares 90,100 Value ($000) $5,382 Avg Close — Range —
Q2 2006
Shares 90,100 Value ($000) $4,956 Avg Close — Range —
Q1 2006
Shares 77,000 Value ($000) $4,312 Avg Close — Range —
Q4 2005
Shares 30,000 Value ($000) $1,364 Avg Close — Range —
Q3 2005
Shares 51,800 Value ($000) $2,305 Avg Close — Range —
Q2 2005
Shares 51,800 Value ($000) $2,168 Avg Close — Range —
Q1 2005
Shares 51,800 Value ($000) $1,829 Avg Close — Range —
Q4 2004
Shares 35,000 Value ($000) $1,411 Avg Close — Range —
Q3 2004
Shares 35,000 Value ($000) $1,342 Avg Close — Range —
Q2 2004
Shares 235,000 Value ($000) $8,166 Avg Close — Range —
Q1 2004
Shares 285,000 Value ($000) $9,781 Avg Close — Range —
Q4 2003
Shares 315,000 Value ($000) $10,521 Avg Close — Range —
Q3 2003
Shares 315,000 Value ($000) $10,389 Avg Close — Range —