NEW HIGHRISE MULTIFAMILY Some recent and upcoming projects: The - PowerPoint PPT Presentation

NEW HIGHRISE MULTIFAMILY Some recent and upcoming projects: � The Icon 1 and 2 – 30 & 35 Floors � Uptown – 15 Floors � Vivacity – 18 Floors � Alta Vista 2 – 12 Floors � The Parliament – 18 Floors � The Illuminada 1 & 2 – 12 Floors � Serenity – 12 Floors � Century Park � The Quest – 24 Floors � The Pearl – 35 Floors � Rivervista – 13 Floors 1

NEW LOWRISE MULTIFAMILY Some projects from the recent past: � The Venetian � The Zen � Center in the Park – Sherwood Park � Century Park � Lessard House � Gates on 17 th � Elements Lofts � Kingstreet on the Park – Spruce Grove � 97 th Street Art Lofts � Trinity Pointe 2

POPULATION GREATER EDMONTON 1,200,000 1,173,000 1,156,000 1,140,000 1,123,000 1,150,000 1,105,000 1,081,000 1,100,000 1,052,000 Count 1,024,000 1,050,000 991,000 1,004,000 1,000,000 950,000 900,000 2003 2004 2005 2006 2007 2008 2009f 2010f 2011f 2012f Year Information provided by The Metropolitan Outlook and Canada Statistics 3

HOUSING STARTS Greater Edmonton 16000 15000 14900 13300 14000 12400 12600 12000 11500 10000 7900 7500 8000 6200 6300 6600 6000 4000 2000 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010f Information provided by CMHC and The Metropolitan Outlook 4

200,000 210,000 220,000 230,000 240,000 250,000 260,000 270,000 280,000 CONDO PRICING Jan-07 235,203 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 275,905 Aug-07 Sep-07 Oct-07 Nov-07 239,650 Dec-07 30 Day Average Price Jan-08 Feb-08 264,202 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 253,040 Oct-08 Nov-08 240,260 Dec-08 Jan-09 226,255 Feb-09 Mar-09 Apr-09 May-09 248,089 Information provided by EREB and MLS Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 232,702 252,376 Jan-10 Feb-10 Mar-10 Apr-10 5