Generating NOI Through Commercial Properties

Generating NOI Through Commercial Properties Office • Size: 1.8M SF Multi-Family Size: 1,671 Units Retail • Size: 100k SF Stabilized Leased %: 85% • Stabilized Leased %: 99% • Stabilized Leased %: 100% In-Place NOI: $23M Stabilized NOI: $39M • 13 Premier Office Buildings In-Place NOI: $15M Stabilized NOI: $26M In-Place NOI: $4M Stabilized NOI: $3M 4 Class-A Apartment Assets • Street Retail, Grocers and Standalone Restaurant $42M of In-Place NOI with $68M Expected at Stabilization HOWARD HUGHES Source: Company filings and data. Note: As of June 30, 2023. Size and Stabilized NOI total is inclusive of projects under construction. HH 6

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