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- Sponsored or advised 27 real estate programs.
- Invested in $2.7 billion of real estate
totaling 240 assets.
- As of December 31, 2007, sold 107 of these
assets for a total return of 187% or $401 million, on $214
million of invested equity.
- Previous investments include target product
types of Paladin REIT, including apartments, office buildings, industrial
properties, and hotels.
- From 2003 to 2007, the returns on Paladin’s prior completed real estate programs have outperformed stocks.
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Notes:
a) The average annual leveraged returns on the 24 assets sold
by Paladin during the five years ended December 31, 2007 (i.e.,
the prior programs shown on Table IV of the prospectus, calculated by taking the weighted average (weighted by dollar amount
raised) of the average annual cash distributions made to investors
from operations (for the income return calculation) and all sources
(for the total return calculation) over the life of each investment
as a percentage of the total dollar amount raised.) The appreciation
return is calculated by subtracting the average income yield from
the average total return. Source: Paladin REIT prospectus.
b) The Dow Jones Industrial Average is a price-weighted average
of 30 significant stocks traded on the New York Stock Exchange and
NASDAQ. The S&P 500 Index is an unmanaged index of the 500 largest
stocks (in terms of market value), weighted by market capitalization.
The average annual dividend yields, appreciation and total returns
generated by these stock indices for the five years ended December
31, 2007 are shown above. The appreciation return is calculated
by subtracting the average dividend yield from the average total
return. Source: Bloomberg.
This chart is shown for illustrative purposes only and not indicative
of any future investment performance.
Past performance is no guarantee of future results. These properties were not owned by Paladin REIT. |
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