Leading analysts debate what impact recent M&A activity will have on the publicly traded real estate industry The nation's infrastructure is crumbling...will you have to pay? Suits Them Fine An increasing number of companies are looking to build-to-suit projects instead of purely building on spec On the Move ProLogis Trust’s focus on the customer has kept the company out of cold storage   William Sanders: TAKING STOCK Get the Message Out: Real Estate—Compelling and Competitive EDITOR'S DESK Wheeling and dealing DEVELOPMENTS News and trends in REIT and publicly traded real estate TECHNOLOGY ROUNDUP Technology news for real estate applications ONE-ON-ONE AMB Property Corporation’s Hamid R. Moghadam is telling it like it is PROFESSIONAL PERSPECTIVES A few fundamentals about EPS POLICY WATCH Catching up on new developments regarding Regulation FD SECTOR SPOTLIGHT Regional malls BOARD ROOM Three tips for a successful leadership transition CAPITAL MARKETS Debating the merits of private equity ACCOUNTING Accounting for property costs turned upside-down NAMES TO NOTE People making news and moves in the REIT and publicly traded real state industry INDUSTRY AGENDA News from NAREIT

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Real Estate Portfolio® is the magazine for REITs and real estate investment. It is published bimonthly by the National Association of Real Estate Investment Trusts® (NAREIT), 1875 I Street, NW, Suite 600, Washington, DC 20006–5413. Phone 202-739-9400.