Gables Residential Trust (GBP) S-8 Registration of securities for employees

CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement of our report dated March 9, 2001
included in Gables Residential Trust's 10-K for the year ended December 31, 2000
and to all references to our Firm included in this registration statement.

/s/ Arthur Andersen LLP
ARTHUR ANDERSEN LLP

Atlanta, Georgia
March 4, 2002