A.G. Edwards

ABP Investments US

ABN AMRO Asset Management

AEW Capital Management

Aegon

Allied Irish Banks

Allstate Investment

AM REIT

AMB Property Corporation

American Financial Realty Trust

Ariel Capital Managment

Associated Estates Realty Corporation

Assurant

Avalon Bay Communities

Bank of America Securities

Barclays Capital Group

BDO Seidman

Bear, Stearns & Co.

BioMed Realty Trust

Blackmont Capiotal

BMO Capital Markets

BNI Properties

BNP Paribas

Brandywine Realty Trust

BRE Properties

Bryn Mawr Capital Management

CALPERS

CB Richard Ellis Investors

Calyon Securities

Camden Propertu Trust

Cantor Fitzgerald

Chevy Chase Bank

Citigroup Inc.

CNL Financial Group

Colonial Properties Trust

Columbia Wanger Asset Management

Commercial Net Lease Realty

Conseco Capital Management

Cornerstone Real Estate Advisers

Corporate Office Properties Trust

Credit Suisse

Crescent Real Estate Equities

Davenport & Company

Deloitte

Deutsche Bank

Digital Realy Trust

Duff & Phelps

Duke Realty Corporation

Edens & Avant

Emory University Endowment Investments

Employees Retirement System of Texas

Equity Office Properties Trust

Equity Residential Properties Trust

Ernst & Young

Evergreen Investment Management Company

Fannie Mae

Federal Realty Investment Trust

Federal Reserve Board

Ferris, Baker Watt

FIG Partners

First Industrial Realty Trust, Inc.

First Potomac Realty Trust

Fitch Ratings

Fontana Capital

Friedman, Billings, Ramsey & Company

GE Asset Management

GE Capital

General Motors Investment Management

GIC Real Estate

Goldman Sachs & Company

Government Properties Trust

Grant Thornton

Guggenheim Real Estate Group

H.M. Payson & Company

Health Care REIT.

Heritage Property Investment Trus

Highwoods Properties

Hines REIT

Hirschler Fleischer

ING Investments

Inland Real Estate Group

J.W. Seligman & Company

John Hancock Financial Services

JP Morgan & Co.

K.G. Redding & Associates

Kathwood Advisors

KBC Financial Products USA

Keefe, Bruyette & Woods

KeyBank

Kilroy Realty Corporation

Lazard, Freres Real Estate Investors

Lehman Brothers, Inc.

LTC Acquisitions

Mackenzie Patterson Fuller

Maguire Properties

Marsh USA, Inc.

Melchor Corporation

Menta Capital

Merrill Lynch & Company

Mid-America Apartment Communities

Morgan Stanley & Company

Morningstar

NAREIT

National Beverage Properities

Nomura Realty Advisors, Inc.

Oak Hill Realty

OFI Institutional Asset Management

Osprey S.A.

Pennsylvania REIT

Pitcairn Financial Group

Principal Global Investors

ProLogis Trust

Raymond James Financial

Real Estate Management Services Group

Realty Income Corporation

REIT Management and Research

Resource America

RS Investment Management Company

Rothschild Realty

Scott's REIT

SEIU

SITQ-CDP Capital Real Estate

SL Green Realty

SSGA/The Tuckerman Group

State Farm

Stifel, Nicolaus & Company.

Storage USA.

Sun Life Financial

Suntrust Bank

Taberna Capital

Transwestern Securities Management

Trapeza Capital Management

UBS AG

United Dominion Realty Trust

Urdang Investment Management

U.S. Bancorp

UBS Investment Bank

Virginia Retirement System

Vornado Realty Trust

Wachovia Securities

Washington Real Estate Investment Trust

Wellington Management Company

Wells Fargo Securities Inc.

Wells Real Estate Investment Trust

W.P. Carey & Co.