Company: EGP
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001140361-25-044550
Chunk: 62

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-12-05
Form: 424B5
Chunk 62
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 period beginning on the date on which the REIT receives such new capital. After the one-year period following a qualifying equity or debt offering, income from investments of the proceeds of such offering will be qualifying income for purposes of the 75% gross income test only if derived from one of the other qualifying sources enumerated above.

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TABLE OF CONTENTS

Asset Tests At the close of each quarter of each taxable year, we must also satisfy five tests relating to the nature of our assets:

| 1. | Real estate assets, cash and cash items, and government securities must represent at least 75% of the value of our total assets. Real estate assets include interests in real property (such as land, buildings, leasehold interests in real property and personal property leased with real property if the rents attributable to the personal property would be rents from real property under the income tests discussed above), interests in mortgages on real property or on interests in real property, shares in other qualifying REITs, debt instruments issued by publicly offered REITs, and stock or debt instruments held for less than one year that are purchased with the proceeds from an offering of shares of our stock (other than pursuant to a dividend reinvestment plan) or certain long-term debt. |

| 2. | Not more than 25% of our total assets may be represented by securities other than those in the 75% asset class. |

| 3. | Except for equity investments in REITs, qualified REIT subsidiaries, other securities that qualify as real estate assets for the purposes of clause (1) or the securities of our TRSs, (i) the value of any one issuer’s securities owned by us may not exceed 5% of the value of our total assets (ii) we may not own more than 10% of the voting power of any one issuer’s outstanding securities and (iii) subject to certain exceptions, we generally may not own more than 10% of the value of the outstanding securities of any one issuer. For purposes of the 10% value test, the term “securities” does not include certain instruments, such as debt securities issued by another REIT, certain “straight debt” securities (for example, qualifying debt securities of a corporation of which we own no more than a de minimis amount of equity interest), loans to individuals or estates, and accrued obligations to pay rent. In general, straight debt is defined as a written, unconditional promise to pay on demand or