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Richard Agree, our Chief Executive Officer and Chairman of the Board of Directors founded the predecessor to Agree Realty Corporation, Agree Development Company in 1971. Over the next 23 years, Mr. Agree developed over 40 shopping centers primarily in the Midwest United States. Hard work, determination, and dedication were the trademark of Mr. Agree's success.In April 1994 Agree Realty commenced operations with an Initial Public Offering of 2.5 million shares sold to the public. Secondary offerings were subsequently issued in 1997, 2003, 2005, and 2010. Currently, there are approximately 9.76 million outstanding shares of Agree Realty Corporation.

Alexander's knows what's great about real estate. The real estate investment trust (REIT) owns, manages, and leases about a half-dozen properties totaling about 3.5 million sq. ft. in metropolitan New York City. Once a department store chain, Alexander's held on to its property interests, including the site of its erstwhile flagship store -- an entire block on Manhattan's Lexington Avenue. The REIT leases space at the mixed-use Lexington site to tenants such as Bloomberg, Citibank, The Home Depot, and The Container Store. The Lexington site is also home to about 100 condominiums. Bloomberg accounts for about a third of the REIT's sales.

Alto Palermo S.A. engages in the ownership, acquisition, development, leasing, management, and operation of shopping centers, as well as residential and commercial complexes in Argentina. As of June 30, 2007, it owned and operated ten shopping centers covering a total of 264,995 square meters in Argentina, including six in the Buenos Aires metropolitan area and four in the provinces of Cordoba, Mendoza, Salta, and Santa Fe; and a condominium called Torres de Abasto located in front of the Abasto Shopping Center in Buenos Aires. The company offers leases to retail tenants in its ten shopping centers; administration and maintenance of common areas; administration of contributions made by tenants to finance promotional efforts for the shopping centers; and parking lot services for visitors. The company also offers credit card consumer finance service, through the issuance of its Tarjeta Shopping and Tarjeta Shopping Metroshop credit cards, for consumers at shopping centers, hypermarkets, and street stores. It also engages in the development and sale of residential properties, and acquisition and sale of undeveloped parcels of land for future development. In addition, it engages in the development of condominiums associated with its shopping centers. The company was founded in 1889 and is headquartered in Buenos Aires, Argentina. Alto Palermo S.A. is a subsidiary of IRSA Inversiones y Representaciones Sociedad Anonima. Alto Palermo S.A. operates as a subsidiary of IRSA Investments and Representations Inc.

American Realty Investors, a New York Stock Exchange Company (NYSE: ARL), maintains a 38-year commitment to greater shareholder value through the acquisition, financing, operation and sale of real estate and real estate assets.American Realty is highly diverse in location, with a portfolio of properties strategically located throughout the United States. Its holdings include apartments, office buildings, retail centers and parcels of land. At the time of purchase, acquisitions are often referred to as "undervalued" or "underdeveloped." Under ARL ownership, value is added through physical improvements as well as management improvements. The result is increased income through higher rental and occupancy rates and increased income.ARL was formed through the business combination of American Realty Trust, Inc. and National Realty, L.P.

Founded in 1980, AMLI evolved from a private real estate development company to, in 1994, a publicly traded real estate investment trust. In February 2006, AMLI became a private company again through a $2.1 billion transaction with the Prime Property Fund, a core, open-ended, institutional real estate fund managed by Morgan Stanley. Prime owns or has an investment interest in approximately $9 billion of high-quality, diverse real estate assets including retail, office, multifamily, hotel, and industrial properties located in major markets throughout the United States. Prime's acquisition of the AMLI platform was a strategic transaction designed to provide institutional investors a nationally respected branded owner, developer and manager of luxury apartment communities.AMLI is one of the preeminent multifamily companies in the nation. The company is focused on the development, acquisition and management of luxury apartment communities. AMLI is committed to customer service and providing our residents a worry-free, high-value living experience in our communities. AMLI® is a brand name representing high quality, exceptional service and superior value.

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