Snapshot for NCREIF Property Index Rolling 4th Quarter TR (NPPIRQTR)

Rate Profile Information for NPPIRQTR

As per NCREIF, the NCREIF Property Index is a quarterly time series composite total rate of return measure of investment performance of a very large pool of individual commercial real estate properties acquired in the private market for investment purposes only. All properties in the NPI have been acquired, at least in part, on behalf of tax-exempt institutional investors - the great majority being pension funds. As such, all properties are held in a fiduciary environment. NCREIF 180 North Stetson Avenue Chicago, IL 60601 (312) 819-5890 The NCREIF rolling four quarter total return (%) reflects the sum of the past four quarters performance returns (income and appreciation) from income producing properties owned by commingled funds before management fees as measured by the NCREIF index. (For the NCREIF Index: NPNCRE Index ). As of January 2011, this index will only be provided by NCREIF for 4th quarter only.