div class=ts-pagebuttonPage 1button div class=ts-image amp-img class=ts-thumb alt=Page 1: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails1jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 2button div class=ts-image amp-img class=ts-thumb alt=Page 2: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails2jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 3button div class=ts-image amp-img class=ts-thumb alt=Page 3: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails3jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 4button div class=ts-image amp-img class=ts-thumb alt=Page 4: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails4jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 5button div class=ts-image amp-img class=ts-thumb alt=Page 5: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails5jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 6button div class=ts-image amp-img class=ts-thumb alt=Page 6: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails6jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 7button div class=ts-image amp-img class=ts-thumb alt=Page 7: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails7jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 8button div class=ts-image amp-img class=ts-thumb alt=Page 8: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails8jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 9button div class=ts-image amp-img class=ts-thumb alt=Page 9: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails9jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 10button div class=ts-image amp-img class=ts-thumb alt=Page 10: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails10jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 11button div class=ts-image amp-img class=ts-thumb alt=Page 11: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails11jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 12button div class=ts-image amp-img class=ts-thumb alt=Page 12: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails12jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 13button div class=ts-image amp-img class=ts-thumb alt=Page 13: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails13jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 14button div class=ts-image amp-img class=ts-thumb alt=Page 14: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails14jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 15button div class=ts-image amp-img class=ts-thumb alt=Page 15: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails15jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 16button div class=ts-image amp-img class=ts-thumb alt=Page 16: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails16jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 17button div class=ts-image amp-img class=ts-thumb alt=Page 17: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails17jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 18button div class=ts-image amp-img class=ts-thumb alt=Page 18: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails18jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 19button div class=ts-image amp-img class=ts-thumb alt=Page 19: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails19jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 20button div class=ts-image amp-img class=ts-thumb alt=Page 20: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails20jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 21button div class=ts-image amp-img class=ts-thumb alt=Page 21: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails21jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 22button div class=ts-image amp-img class=ts-thumb alt=Page 22: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails22jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 23button div class=ts-image amp-img class=ts-thumb alt=Page 23: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails23jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 24button div class=ts-image amp-img class=ts-thumb alt=Page 24: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails24jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 25button div class=ts-image amp-img class=ts-thumb alt=Page 25: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails25jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 26button div class=ts-image amp-img class=ts-thumb alt=Page 26: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails26jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 27button div class=ts-image amp-img class=ts-thumb alt=Page 27: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails27jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 28button div class=ts-image amp-img class=ts-thumb alt=Page 28: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails28jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 29button div class=ts-image amp-img class=ts-thumb alt=Page 29: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails29jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 30button div class=ts-image amp-img class=ts-thumb alt=Page 30: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails30jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 31button div class=ts-image amp-img class=ts-thumb alt=Page 31: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails31jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 32button div class=ts-image amp-img class=ts-thumb alt=Page 32: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails32jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 33button div class=ts-image amp-img class=ts-thumb alt=Page 33: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails33jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 34button div class=ts-image amp-img class=ts-thumb alt=Page 34: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails34jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 35button div class=ts-image amp-img class=ts-thumb alt=Page 35: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails35jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 36button div class=ts-image amp-img class=ts-thumb alt=Page 36: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails36jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 37button div class=ts-image amp-img class=ts-thumb alt=Page 37: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails37jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 38button div class=ts-image amp-img class=ts-thumb alt=Page 38: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails38jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 39button div class=ts-image amp-img class=ts-thumb alt=Page 39: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails39jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 40button div class=ts-image amp-img class=ts-thumb alt=Page 40: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails40jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 41button div class=ts-image amp-img class=ts-thumb alt=Page 41: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails41jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 42button div class=ts-image amp-img class=ts-thumb alt=Page 42: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails42jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 43button div class=ts-image amp-img class=ts-thumb alt=Page 43: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails43jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 44button div class=ts-image amp-img class=ts-thumb alt=Page 44: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails44jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 45button div class=ts-image amp-img class=ts-thumb alt=Page 45: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails45jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 46button div class=ts-image amp-img class=ts-thumb alt=Page 46: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails46jpg width=142 height=106 layout=responsive amp-img divdivdiv class=ts-pagebuttonPage 47button div class=ts-image amp-img class=ts-thumb alt=Page 47: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government 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divdivdiv class=ts-pagebuttonPage 50button div class=ts-image amp-img class=ts-thumb alt=Page 50: · Annual Report 2002 03 05 21 27 29 Introduction Other factors that solidified the real estate sectore positive outlook included htgher ail prices which enabled the government src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails50jpg width=142 height=106 layout=responsive amp-img divdiv