Summary

REH is engaged in the following initiatives:

• Development of green-field project opportunities;
• Acquisition of late stage project development opportunities where REH invests to complete;
• Acquisition of operating assets with upside potential.

In carrying out this growth strategy, management has and continues to develop relationships with city institutions such as banks and advisors involved in project and corporate finance to ensure shareholder equity is effectively leveraged without over extending and risking the underlying asset quality and value.

REH is currently working on developments through our identified markets. Two important developments we are able to share with investors are both green-field opportunities.