div class=ts-pagebutton class=gotoPage data-page=1Page 1button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=1 data-page=1 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails1jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=2Page 2button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=2 data-page=2 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails2jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=3Page 3button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=3 data-page=3 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails3jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=4Page 4button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=4 data-page=4 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails4jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=5Page 5button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=5 data-page=5 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails5jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=6Page 6button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=6 data-page=6 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails6jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=7Page 7button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=7 data-page=7 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails7jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=8Page 8button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=8 data-page=8 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails8jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=9Page 9button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=9 data-page=9 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails9jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=10Page 10button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=10 data-page=10 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails10jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=11Page 11button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=11 data-page=11 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails11jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=12Page 12button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=12 data-page=12 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails12jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=13Page 13button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=13 data-page=13 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails13jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=14Page 14button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=14 data-page=14 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails14jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=15Page 15button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=15 data-page=15 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails15jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=16Page 16button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=16 data-page=16 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails16jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=17Page 17button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=17 data-page=17 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails17jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=18Page 18button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=18 data-page=18 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails18jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=19Page 19button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=19 data-page=19 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails19jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=20Page 20button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=20 data-page=20 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails20jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=21Page 21button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=21 data-page=21 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails21jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=22Page 22button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=22 data-page=22 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails22jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=23Page 23button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=23 data-page=23 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails23jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=24Page 24button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=24 data-page=24 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails24jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=25Page 25button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=25 data-page=25 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails25jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=26Page 26button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=26 data-page=26 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails26jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=27Page 27button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=27 data-page=27 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails27jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=28Page 28button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=28 data-page=28 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails28jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=29Page 29button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=29 data-page=29 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails29jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=30Page 30button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=30 data-page=30 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails30jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=31Page 31button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=31 data-page=31 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails31jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=32Page 32button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=32 data-page=32 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails32jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=33Page 33button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=33 data-page=33 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails33jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=34Page 34button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=34 data-page=34 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails34jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=35Page 35button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=35 data-page=35 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails35jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=36Page 36button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=36 data-page=36 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails36jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=37Page 37button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=37 data-page=37 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails37jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=38Page 38button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=38 data-page=38 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails38jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=39Page 39button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=39 data-page=39 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails39jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=40Page 40button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=40 data-page=40 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails40jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=41Page 41button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=41 data-page=41 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails41jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=42Page 42button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=42 data-page=42 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails42jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=43Page 43button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=43 data-page=43 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails43jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=44Page 44button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=44 data-page=44 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails44jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=45Page 45button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=45 data-page=45 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails45jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=46Page 46button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=46 data-page=46 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails46jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=47Page 47button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=47 data-page=47 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails47jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=48Page 48button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=48 data-page=48 class=ts-thumb lazyload alt=Page 48: · 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails48jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=49Page 49button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=49 data-page=49 class=ts-thumb lazyload alt=Page 49: · 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails49jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=50Page 50button div class=ts-imageimg data-url=annual-report-2002-03-05-21-27-29-introduction-other-factors-that-solidifiedhtmlpage=50 data-page=50 class=ts-thumb lazyload 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 loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220423085ed44d4032cdf32ab90456a0html5thumbnails50jpg width=140 height=200 divdiv
