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Running Down The REIT Highway The REIT universe may get a whole lot bigger down the road. read more Special Issue Click here View Final Portfolio Stock Challenge Results FEATURED MEMBER SITE Host Hotels & Resorts, Inc. Looking for Advertising Opportunities with Real Estate Portfolio? Click here Investing in Real Estate Stocks? Click here Real Estate Portfolio is the recipient of the 2006 SNAP EXCEL Gold Award for Single Topic Issue Offerings on Deck IPOs have fallen off in the last four years. Are they primed for a comeback? Tour de Force French REITs looking good heading into 2009 Slow Times Means Big Business At a time when shopping center REITs face potential vacancies as retailers struggle, Inland Real Estate Corporation (NYSE: IRC) seems to rest assured its portfolio will stand up to adversity. TAKING STOCK Parting Thoughts EDITOR'S DESK Open Road DEVELOPMENTS The latest news and insights in the REIT and real estate industry ONE-ON-ONE With Highwoods Properties' Ed Fritsch FOUR QUICK QUESTIONS With RBC Capital Markets' Mike Salinsky REIT SNAPSHOT Lexington Realty Trust: Capitalizing on Opportunity INTERNATIONAL FORUM Finland Eyeing the European REIT Market SECTOR SPOTLIGHT Lodging REITs: Riders on the Storm CAPITAL MARKETS Q&A with Harry S. Dent, Jr. FROM THE RESEARCH DESK Beta for REITs and other listed property companies declined world-wide; REITs improve investment incentives; REIT liquidity is related to managerial focus, ease of valuation FUND FOCUS Delaware REIT A Fund: Securitized Security QUICK STUDY Q&A with Jim Shilling, DePaul University SOLID FOUNDATIONS Forest City's Hawaiian Pearls NAMES TO NOTE People making news and moves in the REIT and publicly traded real estate industry IN CLOSING Ebbs and Flows

Real Estate Portfolio® is the magazine for REITs and real estate investment. It is published bimonthly by the National Association of Real Estate Investment Trusts® (NAREIT), 1875 I Street, NW, Suite 600, Washington, DC 20006–5413. Phone 202-739-9400.