Operations

An integrated, stand-alone company with Canadian reach and influence

Portfolio (assets under management) of more than $22.4 billion as at December 31 2009

• A spectrum of commercial real estate debt products
• Optimization of return on assets via issuance of securitized products and syndication

Local presence in the major Canadian markets

• One of the largest commercial mortgage lenders in Canada
• A pioneer of securitization in Canada

Geographical breakdown

(12/31/09 - excl. commitments)

Breakdown by property type

(12/31/09 – excl. commitments)

Breakdown by product type

(12/31/09 – excl. commitments)