-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 He3rVlEBBwCpjaiN9zV+YNVODEoXu1/2S1FnBMR9YoOS4er3ojGjywgtrlRAF8Az
 XrfE6Y3yze8W349xM/Mcmw==

<SEC-DOCUMENT>0001140361-03-004344.txt : 20031117
<SEC-HEADER>0001140361-03-004344.hdr.sgml : 20031117
<ACCEPTANCE-DATETIME>20031117135024
ACCESSION NUMBER:		0001140361-03-004344
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030918
FILED AS OF DATE:		20031117

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BRE PROPERTIES INC /MD/
		CENTRAL INDEX KEY:			0001011174
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				941722214
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		44 MONTGOMERY ST
		STREET 2:		STE 3600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104-5525
		BUSINESS PHONE:		4154456530

	MAIL ADDRESS:	
		STREET 1:		ONE MONTGOMERY STREET
		STREET 2:		SUITE 2500 TELESIS TOWER
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104-5525

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BRE MARYLAND INC
		DATE OF NAME CHANGE:	19960402

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			STICHTING PENSIOENFONDS  ABP
		CENTRAL INDEX KEY:			0000918509
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14306
		FILM NUMBER:		031007484

	BUSINESS ADDRESS:	
		STREET 1:		OUDE LINDESTRAAT 70
		STREET 2:		POSTBUS 6401
		CITY:			DL HEERLEN
		ZIP:			00000
		BUSINESS PHONE:		0113145798022

	MAIL ADDRESS:	
		STREET 1:		SHERMAN & STERLING
		STREET 2:		599 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	ALGEMEEN BURGERLIJK PENSIOENFONDS
		DATE OF NAME CHANGE:	19940202
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 4/A
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4/A</documentType>
<periodOfReport>2003-09-18</periodOfReport>
<dateOfOriginalSubmission>2003-09-24</dateOfOriginalSubmission>
<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001011174</issuerCik>
        <issuerName>BRE PROPERTIES INC /MD/</issuerName>
        <issuerTradingSymbol>BRE</issuerTradingSymbol>
</issuer>
<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000918509</rptOwnerCik>
            <rptOwnerName>STICHTING PENSIOENFONDS  ABP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>OUDE LINDRESTRAAT 70,</rptOwnerStreet1>
            <rptOwnerStreet2>POSTBUS 2889, 6401 DL</rptOwnerStreet2>
            <rptOwnerCity>HEERLEN</rptOwnerCity>
            <rptOwnerState>P7</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>0</isOfficer>
<isTenPercentOwner>1</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle></officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<nonDerivativeTable>
<nonDerivativeTransaction>
<securityTitle>
<value>BRE Properties</value>
</securityTitle>
<transactionDate>
<value>2003-09-18</value>
</transactionDate>
<deemedExecutionDate>
</deemedExecutionDate>
<transactionCoding>
<transactionFormType>4</transactionFormType>
<transactionCode>S</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionTimeliness>
<value></value>
</transactionTimeliness>
<transactionAmounts>
<transactionShares>
<value>40000</value>
</transactionShares>
<transactionPricePerShare>
<value>33.1244</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value>5232865</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value>D</value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value></value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value>BRE Properties</value>
</securityTitle>
<transactionDate>
<value>2003-09-18</value>
</transactionDate>
<deemedExecutionDate>
</deemedExecutionDate>
<transactionCoding>
<transactionFormType>4</transactionFormType>
<transactionCode>S</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionTimeliness>
<value></value>
</transactionTimeliness>
<transactionAmounts>
<transactionShares>
<value>10000</value>
</transactionShares>
<transactionPricePerShare>
<value>33.9578</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value>5222865</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value>D</value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value></value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value>BRE Properties</value>
</securityTitle>
<transactionDate>
<value>2003-09-23</value>
</transactionDate>
<deemedExecutionDate>
</deemedExecutionDate>
<transactionCoding>
<transactionFormType>4</transactionFormType>
<transactionCode>S</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionTimeliness>
<value></value>
</transactionTimeliness>
<transactionAmounts>
<transactionShares>
<value>36200</value>
</transactionShares>
<transactionPricePerShare>
<value>33.25</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value>5186665</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value>D</value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value></value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value>BRE Properties</value>
</securityTitle>
<transactionDate>
<value>2003-09-24</value>
</transactionDate>
<deemedExecutionDate>
</deemedExecutionDate>
<transactionCoding>
<transactionFormType>4</transactionFormType>
<transactionCode>S</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionTimeliness>
<value></value>
</transactionTimeliness>
<transactionAmounts>
<transactionShares>
<value>25000</value>
</transactionShares>
<transactionPricePerShare>
<value>33.30</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value>5161665</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value>D</value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value></value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
</nonDerivativeTable>
<remarks></remarks>
<ownerSignature>
<signatureName>Leo Palmen</signatureName>
<signatureDate>2003-09-24</signatureDate>
</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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