US REIT Premium/(Discount) to NAV : As of 08-22-08
 

Net asset value represents the estimated net "market value" of the real estate company's assets, after subtracting all of its liabilities and obligations. Price to consensus NAV expresses the percent a company's share price is trading above or below its consensus NAV estimates. Premiums indicate that a company is currently trading above its consensus NAV per share estimates, while discounts indicate that a company is currently trading below their consensus NAV estimates.

For more information contact Real Estate Research: 434.951.7802; realestateresearch@snl.com.