Today, the $3.4 trillion U.S. income property market provides enormous opportunity for investment. Source: Quadrant and Roulac Global Places as published in the 2006 Emerging Trends in Real Estate. (Note: Emerging Trends changed their data source in 2005) . Quadrant offers institutional investors access to all four quadrants of the U.S. income property market through single client account and commingled fund investment strategies including:       Private Market Strategies: Our private market strategies span the risk/return spectrum. Highly experienced portfolio managers are fully responsible for all aspects of the investment process from deal sourcing, through due diligence and portfolio management. Investment strategies and decisions are research-based, and our investment management processes are disciplined and consistently applied. For more information on Private Market Strategies please contact: Michael Wood Phone No: + 61 2 9080 8342 Email-ID: mwood@quadrantrea.com   Walt Huggins Phone No: 770-752-6712 Email-ID: whuggins@quadrantrea.com     Public Market Strategies: We apply a fundamental, ground-up approach with respect to securities selection and management of our public market strategies. Rather than analyzing these securities on a desk-top basis, our approach is to delve into the individual markets, sponsors and properties to understand the credit characteristics of an individual security. We then marry this approach with an understanding of the capital flows in the public real estate markets. For more information on Public Market Strategies please contact: Thomas Mattinson Phone No: 770-752-6714 Email-ID: tmattinson@quadrantrea.com   Michael Wood Phone No: + 61 2 9080 8342 Email-ID: mwood@quadrantrea.com   Multi Sector Strategies: Seeking relative value between the public and private market sectors, credit sectors, property types and regions. Format of investment is secondary to property fundamentals and price. We look across the various market sectors to find the best available combination of price, credit and other key characteristics. For example, today one might achieve enhanced risk/return more efficiently via investment in Mezzanine or Preferred REITs vs. Private Equity Real Estate. For more information on Multi-Sector Strategies please contact: Kurt Wright Phone No: 770-752-6713 Email-ID: kwright@quadrantrea.com   Michael Wood Phone No: + 61 2 9080 8342 Email-ID: mwood@quadrantrea.com