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Running Down The REIT Highway The REIT universe may get a whole lot bigger down the road. [September/October 2008] Offerings on Deck IPOs have fallen off in the last four years. Are they primed for a comeback? [September/October 2008] Tour de Force French REITs looking good heading into 2009 [September/October 2008] Slow Times Means Big Business Inland Real Estate's necessity-based portfolio stands up [September/October 2008] Sovereign Wealth Rising Sovereign wealth funds create new financial force in real estate investing [July/August 2008] The Corner Stone Times might be getting tougher for the industry, but when it comes to building and maintaining shopping centers, one REIT sees a bright future. [July/August 2008] 30 Women to Note The REIT and real estate investment communities are no longer solely a man‘s world. Women are increasingly playing more prominent roles as the industry continues to grow and change—a shift that has female involvement moving from the back of the office to the front line. [July/August 2008] Weathering the Crisis When Portfolio asked REIT CEOs a year ago what most concerned them, the impending tightening of credit and slowdown in the economy was at the front of their minds. A year later, those concerns have become stark realities. [July/August 2008] EQR 2.0 Equity Residential goes online to meet the needs of its Web-savvy customers [May/June 2008] Mutual Interests Joint ventures offer win-win potential [May/June 2008] From Alpha to Beta A look at developing markets for managing real estate risk [May/June 2008] Rocky Road What's next for the CMBS market? [May/June 2008] Set for a REIT Rebound REITs begin to separate from financials [May/June 2008] Thriving in the Web REITs enhance their business of connecting with customers via the Internet [May/June 2008] Choices, Choices, Choices Investors have more ways to buy and sell real estate than ever before [March/April 2008] Building Potential Non-traded REITs, cousins of publicly traded REITs, are a growing trend in the real estate investment industry [March/April 2008] Down, But Not Out Real estate funds underperformed in 2007, but some professionals say it won’t last [March/April 2008] Three's Company Land Securities Group, the largest U.K. REIT, will divide into three separate companies [March/April 2008] 2008: Year With a View Looking ahead with investment pros [January/February 2008] REITs Unite Real estate groups around the world join together [January/February 2008] The Time of Your Life Life cycle funds gain popularity by enabling investors to choose tailored investment plans [January/February 2008] Australian Walkabout In the midst of creating a strong presence in the U.S. retail REIT market, Centro Property Group faces a liquidity squeeze [January/February 2008] Viva Las Vegas At NAREIT's 2007 Annual Convention [January/February 2008] The Boston Props Ed Linde and Mortimer Zuckerman of Boston Properties have steadily built the company into one of the most respected real estate companies in the world. [November/December 2007] The Year of the Deal, Interrupted 2007 was a big year for REIT privatizations, until the credit crunch hit. What’s next for M&A in the REIT industry? [November/December 2007] Building Returns Focusing on development brings risks and rewards [November/December 2007] Opportunity Knocks Amid a climate of market volatility, now is a great opportunity to buy REITs [November/December 2007] Fine Line Like any public company, REITs find retaining executives is a key issue [November/December 2007] REIT Breakthrough Recent research details stronger returns through indirect real estate investment [November/December 2007] Buy Back or Payout? Some REITs are repurchasing stock, but not all analysts agree with the move. [November/December 2007] Great Expectations Tom Bell and Cousins Properties prove that taking risk has its rewards as the development-focused REIT builds better returns. [September/October 2007] Coming into Focus Mortgage REITs of all stripes tighten their lending practices to improve their outlook going forward [September/October 2007] Green Investing Sustainable development is luring investors across the globe [September/October 2007] Role Model What part do REITs play in pension plans? [July/August 2007] Beyond the Yield A REIT recipe for dividends and more. [July/August 2007] Building Adventure through Science BioMed Realty finds opportunity in the life sciences industry. [July/August 2007] Cultivating Growth REITs are looking for new and innovative ways to grow and establish value for investors. [July/August 2007] Pillars of Good Governance REITs gain valuation and shareholder approval. [July/August 2007] Shining Stars Risk-adjusted performance and diversification benefits of REITs outshine other market sectors and investment strategies. [July/August 2007] The Dawning of Derivatives REIT and real estate derivatives are introduced as a new financial tool in the real estate world [May/June 2007] New Piece of the Debt Puzzle REITs are turning to convertible bonds as an attractive capital solution. [May/June 2007] View from the Corner Office Leading REIT CEOs discuss the opportunities and challenges that lie ahead [May/June 2007] A Simple Recipe Focus and location are EastGroup's main ingredients for success [May/June 2007] Full Speed Ahead With a huge underlying property base, U.K. REITs are off to a fast start. [May/June 2007] Land of the Rising REITs The J–REIT market has taken off. Here is what's next. [May/June 2007] Growing Green Environmentally friendly building practices slash operating costs and increase ROI while attracting new investors. [March/April 2007] Stellar Performance For a seventh straight year, real estate funds outperformed in 2006. [March/April 2007] Leader of the Pack Analyst turned portfolio manager Jay Leupp tops 2006 Stock Challenge [March/April 2007] Crossing Boundaries Kimco Realty Corporation steps outside the box to adapt and grow. [March/April 2007] The 2007 Landscape Five industry professionals discuss the year to come [January/February 2006] Global Summit Executives from the U.S. and abroad discuss investment opportunities around the world. [January/February 2006] World Market AMB Property Corporation forges ahead in its international pursuit for industrial space. [January/February 2006] A Meeting of the Minds NAREIT's 2006 Annual Convention focused on the current state of the REIT industry including globalization, consolidation and leadership. [January/February 2006] Perfect Pair Martin Cohen and Robert Steers have helped shape the REIT investment market for the past 20 years and are now applying that expertise abroad. What have these REIT investment pioneers planned for the future? [November/December 2006] Year of the Deal After a record year for REIT M&A Activity, What Will 2007 Hold? [November/December 2006] Deluge of Debt REITs Are Adapting Other Financing in the Public Capital Markets [November/December 2006] Building Outside the Box AvalonBay Strives to Diversify its Portfolio and Expand Clientele in Competitive Markets [November/December 2006] Through the Looking Glass Investment Professionals from Outside the World of REITs Provide Their View on Real Estate [November/December 2006] Branching Out Distinctive Qualities Might Allow for Timber REITs [November/December 2006] 5 Under Forty Portfolio spoke to five up-and-coming REIT executives under the age of 40 who represent a glimpse into the industry’s future [November/December 2006] ARCHIVES •   EU REITs •   Worldly Wealth •   Going Abroad •   Keen Eyes •   Breaking Ground •   Joint Ventures: How the Deal is Done •   Peak Performance •   $1 Trillion Milestone •   Opportunity & Optimism •   REIT Dividends Still Blooming •   Indexes: An Investment Strategy or Investment Benchmark •   Spreading Its Wings •   No Knocking This Block •   Fund Raising •   Value Proposition •   2006 Real Estate Outlook •   United It Stands •   REIT Visionary •   Finding Their Niche •   Buy or Build •   Taxable REIT Subsidiaries •   Westfield's Worldwide Web •   45 @ 45 •   First Analysis •   The 8 Governance Issues That Matter Most •   Bringing the Outside In •   Seeing the Forest through the Trees •   Dividend Kings •   The NAV Debate •   The State of REITs •   Banking on a Niche •   Exceeding Expectations •   Mutual Admiration •   Is the Price Right •   2005 Investor Outlook •   Fundamental Improvement •   Returning to Its Roots •   Uncle Milton •   State of the Industry •   International Signposts •   Kilroy Is Here •   Outside the Box •   Hedging Their Bets •   REITs and Rates •   Bonds—REIT Bonds •   At Any Rate •   A New Generation •   The Price of Being Public •   In Good Health •   Capital Forecast •   Fitting In •   Where Are They Now? •   Playing By The Rules •   Growing Value •   Top Rank •   High Energy •   And the Winners Are... •   Trusting Liberty •   2004 Analyst Outlook •   Diversify and Multiply •   Keeping the Flow •   Equal Opportunities •   REIT ROOKIES •   Is Gables Able? •   Undefined Contributions •   Capital Import •   Foreign Affairs •   REIT IPOs Trend or Coincidence? •   First Rate •   Independent Voice •   Exchange Traded or Non-Exchange Traded? •   Quantity vs. Quality •   2003 Investor Outlook •   Seeing the Big Picture •   Beast of the East •   No Simple Simon •   Something Special •   Back To Work •   The Upside of Upscale •   Filling in the Blanks •   Covering Their Bases •   Branching Out •   Transformation •   Crouching Market, Hidden Value •   The Writ Way •   Is The Dealing Done? •   Suits Them Fine •   Failing Grades •   On the Move •   It's Easy Being Green •   On the Rise •   What Can We Offer You •   Going Their Own Way •   That's Entertainment •   Charitable Investments •   Manufacturing Dreams • Charting Their Own Course •   Still Affordable? • MEGA to the Max • Developing Value • Hot! Hot! Hot! •   Shooting for the Green •   A Look into the Future •   Keeping an Eye on Insurance •   Direct Effect •   An Inexact Science •   Small Wonders •   Nobody's Fool •   Screening Process •   Up To Speed •   Service with a Smile •   Form & Function •   Safe & Secure •   2001 A Technology Odyssey •   The Simple Life •   Spinning Off... •   B2B Internet •   Telecommuting - Still a Balancing Act? •   Making Connections •   Delivering Just in Time •   Inside the Boardroom •   Against the Grain •   Straight From Sam •   Views From The Top •   Improving Corporate Governance •   A Bright Idea •   Energy Stars •   Boom Times •   The Hunt is on... •   Hitting the Grand Slam! •   Senior Circuit •   Evolution of a Company and an Industry •   Retail Has a Reckoning •   Winning Formula •   Triple Play •   The Going Rate For Real Estate •   After the Fall •   Changes at the Top •   Managing Crisis •   Staying the Course •   Power Play •   When Raising Capital Raises a Ruckus •   Let’s Make a Deal •   Looking for a Little Hospitality •   Imagination at Work •   Cracking the Code •   Worth the Price •   Enticing the Euro

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.