Investor Presentaiton

3.0 THRIVING NEIGHBOURHOODS Proximity to transit, "Walk Score", and most importantly population density are key criteria by which we evaluate the potential of our neighbourhoods. We have significantly improved these metrics over time through our investment and disposition activity and we intend to maintain our industry leadership position. >99% Public Transit 84 Walk Score Of portfolio within 5-minute walk of public transit Average walk score for our portfolio = 'Very Walkable' 2nd highest category of 5 295k Average population density within a 5-km radius of each of our properties Population First Capital 11

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