Lowe knows how to navigate the property market. Through subsidiaries, Lowe Enterprises invests in, develops, renovates, and manages commercial real estate, primarily in the western US. It operates through three divisions: Lowe Hospitality Group, a hotel development and management firm and parent of Destination Hotels & Resorts; Lowe Enterprises Investors, which invests on the behalf of pension plans; and Lowe Enterprises Real Estate, which develops and manages commercial and residential real estate. Notable properties include Inverness Hotel in Denver and Teton Mountain Lodge in Jackson Hole, Wyoming.

Realty Income Corporation engages in the acquisition and ownership of commercial retail real estate properties in the United States. The company leases its retail properties primarily to regional and national retail chain store operators. As of December 31, 2006, it owned 1,955 retail properties located in 48 states, covering approximately 16.7 million square feet of leasable space. The company also held a portfolio of 60 properties through its wholly owned subsidiary, Crest Net Lease, Inc. (Crest), as of the above date. Realty Income Corporation has elected to be treated as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes provided it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1969 and is based in Escondido, California.

Phillips Edison & Company is a fully-integrated retail real estate company with a portfolio of more than 25 million square feet of neighborhood shopping centers across the country. Since 1990, our primary mission has been to purchase under-performing, grocery-anchored properties and maximize their value through hands-on leasing, management and redevelopment.

Tian An China Investments develops commercial and residential properties throughout China and Hong Kong. Predominantly a developer of high-rise apartment complexes, Tian An China also invests in and develops villas, office buildings, hotels, and other commercial properties. It also sells cement products. The group's available land bank stands at approximately 5.2 million sq. meters; property development accounts for about two-thirds of all revenues. Hong Kong holding company Allied Properties (H.K.) is Tian An China's largest shareholder.

Winthrop Realty Trust is a Boston and New York-based real estate investment trust publicly traded on the New York Stock Exchange under the symbol “FUR”. Our principal business activities include investing and making loans secured by real estate, joint venture investments with local real estate partners and acquiring equity and debt securities where the underlying assets consist of real estate.Our management team is composed of individuals whose careers have been devoted to a value oriented opportunistic real estate investment strategy. Management seeks to earn high risk adjusted returns by targeting for acquisition assets which we believe are undervalued and/or exhibit the potential for superior growth. Where required, management has the skill sets to provide the property management, asset management and construction management expertise in order for our investments to realize their full potential. With certain limitations, we will invest in real estate asset categories as well as most positions throughout the capital structure.

Brookfield Properties is making big ripples in the commercial property market. Doing business as Brookfield Office Properties, the company owns stakes in about 100 commercial properties around the world. It primarily invests in properties in large cities including Boston, Houston, Los Angeles, Calgary, Toronto, and Washington, DC. The company's portfolio totals some 70 million sq. ft. and includes most of Manhattan's World Financial Center; Brookfield also has a handful of properties in the development pipeline. Tenants include Merrill Lynch, CIBC, JPMorgan Chase, and Target Corporation. Brookfield plans to spin off its residential property assets to concentrate on expanding its global office portfolio.

Duke Realty Corporation operates as a real estate investment trust (REIT) in the United States. It offers leasing, property and asset management, development, construction, build-to-suit, and other tenant-related services. As of December 31, 2006, Duke Realty owned approximately 721 industrial, office, and retail properties comprising 113.8 million rentable square feet, as well as owned 6,400 acres of unencumbered land for development. The company has elected to be taxed as REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided that it distributes at least 90% of its REIT taxable income to its shareholders. The company was founded in 1972 and is headquartered in Indianapolis, Indiana with regional offices in Alexandria, Virginia; Atlanta, Georgia; Cincinnati, Columbus, and Cleveland, Ohio; Chicago, Illinois; Dallas and Houston, Texas; Minneapolis, Minnesota; Nashville, Tennessee; Orlando, Florida; Phoenix, Arizona; Raleigh, North Carolina; St. Louis, Missouri; and Tampa and Weston, Florida.

J.W. Mays, Inc. owns and operates commercial real estate properties in the United States. Its properties are located in Brooklyn, Jamaica, Levittown, Massapequa, and Fishkill, New York, as well as in Circleville, Ohio. The company was founded in 1924 and is based in Brooklyn, New York.J. W. Mays can get you space in Brooklyn, as long as you're interested in offices and not bridges. The company owns and leases about 10 properties in and around New York City -- mostly former MAYS department stores -- and a warehouse in central Ohio. It leases its properties to retail, restaurant, commercial, and other tenants.

Intervest Offices invests in office properties throughout its Belgian homeland. Intervest's holdings include semi-industrial buildings, warehouses, and high-tech structures. About three-quarters of its portfolio consists of office buildings, while approximately 35% of its holdings reside in the Brussels metro area. The company targets blue-chip tenants for its relatively new properties, which are primarily located outside town centers. Intervest Offices commanded a $733 million (E585 million) portfolio by the end of 2005. The company was founded in 1996.

First Potomac Realty Trust, a real estate investment trust (REIT), engages in the ownership, development, redevelopment, and operation of industrial properties and business parks in the Washington, D.C. metropolitan area, and other markets in Maryland and Virginia. As of March 31, 2008, it owned approximately 11.4 million square feet. The company qualifies as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. First Potomac Realty Trust was founded in 1997 and is based in Bethesda, Maryland.

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