Company Overview of EDENS Inc.

EDENS announced that Fixtures Living, an innovative retail concept specializing in premium lifestyle products for the home, will open their first East Coast location at Lenox Marketplace in Atlanta, GA. Fixtures Living is a 27,000 square foot store that specializes in high-end kitchen, bath, outdoor and lifestyle appliances.

New York State Teachers' Retirement System, J.P. Morgan Asset Management, Inc. and State of Michigan Retirement Systems, The, partners of EDENS Inc. are reportedly in talks to change the ownership structure of EDENS. According to sources, J.P. Morgan Asset Management wants to remain as partner and The State of Michigan Retirement System might exit EDENS. According to Reuters, spokeswoman for J.P. Morgan, New York State Teachers' Retirement System, State of Michigan Retirement Systems and EDENS declined to comment. The partners have various options including, a buyout of one or both of the partners, bringing in another partner and keeping EDENS private. The partners reportedly could also sell EDENS to Federal Realty Investment Trust (NYSE:FRT) or Regency Centers Corporation (NYSE:REG). Alternatively, EDENS could reportedly launch an initial public offering. According to sources, State of Michigan Retirement Systems has hired Evercore Partners Inc. (NYSE:EVR), New York State Teachers' Retirement System has hired Green Street Advisors, Inc. and EDENS has hired Eastdil Secured LLC as financial advisor.

EDENS Presents at National Association Of Real Estate Investment Trusts Inc - REITWise 2013, Mar-21-2013 09:45 AM. Venue: La Quinta Resort & Club, La Quinta, California, United States. Speakers: DeAnne Dunn, VP-Tax.