8-K

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 26, 2004

KOGER EQUITY, INC.

(Exact Name of Registrant as Specified in Its Charter)

FLORIDA

(State or Other Jurisdiction of Incorporation)

1-9997	59-2898045
(Commission File Number)	(IRS Employer Identification No.)

225 NE MIZNER BOULEVARD, SUITE 200 BOCA RATON, FLORIDA	33432
(Address of Principal Executive Offices)	(Zip Code)

(561) 395-9666

(Registrant’s Telephone Number, Including Area Code)

N/A

(Former Name or Former Address, if Changed Since Last Reports)

Item 9. Regulation FD Disclosure.

Koger Equity, Inc. announced that Brach’s Confections, Inc. will occupy over 24,500 square feet at its Tollway Crossing building in Dallas, Texas, as more particularly described in its News Release, dated January 26, 2004, a copy of which is attached hereto as Exhibit 99 and by this reference made a part hereof.

For more information on Koger Equity, Inc., contact the company at 800-850-2037 or visit its web site at www.koger.com.

Item 7. Financial Statements and Exhibits.

     (c)  Exhibits

Exhibit
Number	Description of Exhibit
99	Koger Equity, Inc. News Release, dated January 26, 2004.

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	KOGER EQUITY, INC.
Dated: January 27, 2004	By: /s/ Steven A. Abney
	Steven A. Abney Title: Vice President/Finance and Chief Accounting Officer (Principal Financial Officer)

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EXHIBIT INDEX

The following designated exhibits are filed herewith:

Exhibit
Number	Description of Exhibit
99	Koger Equity, Inc. News Release, dated January 26, 2004.

4 EX-99.1 3 g86884exv99w1.htm EX-99.1 PRESS RELEASE DATED JANUARY 26, 2004

[KOGER LOGO] KOGER EQUITY, INC.
225 NE Mizner Blvd., Suite 200
Boca Raton, Florida 33432

Exhibit 99
NEWS

FOR IMMEDIATE RELEASE

Contact:
Thomas C. Brockwell
Senior Vice President
Koger Equity, Inc.
(561) 395-9666

Koger Equity Announces Brach’s Headquarters Lease

BOCA RATON, FLORIDA—January 26, 2004— Koger Equity (NYSE:KE) today announced that Brach’s Confections Inc., one of the nation’s top candy makers, has leased space to relocate its corporate headquarters from Chicago to Koger’s Tollway Crossing building in Dallas. The move will enable Brach’s to consolidate its corporate operations from Chicago, Illinois and Chattanooga, Tennessee.

“Brach’s will occupy over 24,500 square feet at 19111 N. Dallas Parkway,” said Koger Senior Vice President Mark Cypert. He said Brach’s cited Dallas’ business-friendly climate, travel accessibility and real estate market as reasons for choosing Dallas as the new headquarters.

Mr. Cypert concluded, “Brach’s decision reflects the continued appeal of the Dallas market as a magnet for corporate relocations. As noted in Plants, Sites & Parks magazine recently, Dallas was ranked as the No. 1 destination for business relocations this year.”

Brach’s is the seventh-largest U.S. candy maker, with 2003 sales of $340 million. The company employs about 1,600 people, with about 50 in the corporate headquarters. Brach’s Dallas location also provides closer proximity to the company’s state-of-the-art manufacturing plant in Linares, Mexico.

Koger entered the Dallas market last year with the acquisition of two buildings totaling 280,000 square feet, CIGNA Plaza and Tollway Crossing. Koger also owns 1.2 million square feet in Houston at The Lakes on Post Oak.

About Koger Equity

Koger Equity, Inc. owns or has interests in 129 office buildings, containing 9.7 million rentable square feet, primarily located in 20 suburban office projects in 11 metropolitan areas in the Southeastern United States and Texas.

Additional information about Koger is available upon request to Investor Relations, 225 NE Mizner Blvd., Suite 200, Boca Raton, Florida 33432-4079, or call 1-800-850-2037, or visit Koger’s website at www.koger.com.

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EX-99.1

EX-99.1 Press Release dated January 26, 2004