Weekly Real Estate Matrix

Research evidence excerpt

Weekly Real Estate Matrix

Norway Sweden United Kingdom Denmark

ABG Sundal Collier ASA ABG Sundal Collier AB ABG Sundal Collier Ltd. ABG Sundal Collier ASA

Pb. 1444 Vika Box 7269 St Martins Court Copenhagen Branch

Munkedamsveien 45E Regeringsgatan 25 5th floor Forbindelsesvej 12, St.

7th floor 8th floor 10 Paternoster Row DK-2100 Copenhagen Ø

NO-0115 Oslo SE-111 53 Stockholm London EC4M 7EJ

Tel +47 22 01 60 00 Tel +46 8 566 28 600 Tel +44 207 905 56 00 Tel +45 35 46 30 00

Fax +47 22 01 60 60 Fax +46 8 566 28 601 Fax +44 207 905 56 01 Fax +45 35 46 30 10

Germany USA Singapore

ABG Sundal Collier ASA ABG Sundal Collier Inc. ABG Sundal Collier Pte Ltd

Frankfurt Branch 850 Third Avenue 10 Collyer Quay

Schillerstrasse 2 Suite 9-C Ocean Financial Center

5. Obergeschoss New York #40-07, Singapore 049315

DE-60313 Frankfurt /Main NY 10022

Tel +49 69 96 86 96 00 Tel +1 212 605 38 00 Tel +65 6808 6082

Fax +49 69 96 86 96 99 Fax +1 212 605 38 01

This material has been prepared by ABG Sundal Collier ASA, or an affiliate thereof ("ABGSC").

This material is for distribution only under such circumstances as may be permitted by applicable law. It has no regard to the specific investment objectives, financial

situation or particular needs of any recipient. It is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any

securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or

reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in the

materials.