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540.5 659.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 589.5 m 217.5 589.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 217.5 589.5 m 244.5 589.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 244.5 589.5 m 318.5 589.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 318.5 589.5 m 392.5 589.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 392.5 589.5 m 466.5 589.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 466.5 589.5 m 540.5 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 575.5 m 217.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 575.5 m 244.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 575.5 m 318.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 575.5 m 392.5 575.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 392.5 589.5 m 466.5 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 575.5 m 466.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 575.5 m 540.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 546.5 m 217.5 546.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 546.5 m 244.5 546.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 546.5 m 318.5 546.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 546.5 m 392.5 546.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 546.5 m 466.5 546.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 546.5 m 540.5 546.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 504.5 m 217.5 504.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 217.5 504.5 m 244.5 504.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 244.5 504.5 m 318.5 504.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 318.5 504.5 m 392.5 504.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 392.5 504.5 m 466.5 504.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 466.5 504.5 m 540.5 504.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 448.5 m 217.5 448.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 217.5 448.5 m 244.5 448.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 244.5 448.5 m 318.5 448.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 318.5 448.5 m 392.5 448.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 434.5 m 217.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 434.5 m 244.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 434.5 m 318.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 434.5 m 392.5 434.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 392.5 448.5 m 466.5 448.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 434.5 m 466.5 434.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 466.5 448.5 m 540.5 448.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 434.5 m 540.5 434.5 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 221.80 664.03 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 275.15 664.03 Td (T) Tj ET Q q 0 0 0 rg BT 279.48 664.03 Td (rust units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 321.45 664.03 Td (Retained earnings) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 414.05 692.08 Td (Accumulated ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 443.50 682.58 Td (other ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 405.80 673.08 Td (comprehensive ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.70 663.58 Td (income) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 493.80 664.03 Td (T) Tj ET Q q 0 0 0 rg BT 498.27 664.03 Td (otal equity) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 650.03 Td (December 31, 2017 ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 145.59 652.46 Td (\(1\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 247.00 650.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 287.20 650.03 Td (438,975) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 321.00 650.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 365.55 650.08 Td (45,564) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 395.00 650.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 455.60 650.03 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 469.00 650.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 509.20 650.03 Td (484,539) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 636.03 Td (Issuances, net of costs) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 226.15 635.98 Td (15) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 291.55 636.03 Td (92,984) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 381.60 636.08 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 455.60 636.03 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 513.55 636.03 Td (92,984) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 622.03 Td (Distributions) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 226.15 621.98 Td (16) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 307.60 622.03 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 362.95 622.03 Td (\(1) Tj ET Q q 0 0 0 rg BT 369.88 622.03 Td (1,478) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 389.40 622.03 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 455.60 622.03 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 510.95 622.03 Td (\(1) Tj ET Q q 0 0 0 rg BT 517.88 622.03 Td (1,478) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 537.40 622.03 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 608.03 Td (Units issued pursuant to DRIP) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 226.15 607.98 Td (15) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 302.40 608.03 Td (246) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 381.60 608.08 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 455.60 608.03 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 524.40 608.03 Td (246) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 594.03 Td (Net income and comprehensive income) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 307.60 594.03 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 369.90 594.03 Td (7,904) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 443.90 594.03 Td (1,734) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 517.90 594.03 Td (9,638) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 580.03 Td (March 31, 2018) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 247.00 580.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 287.20 580.03 Td (532,205) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 321.00 580.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 365.55 580.08 Td (41,990) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 395.00 580.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 443.90 580.03 Td (1,734) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 469.00 580.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 509.20 580.03 Td (575,929) Tj ET Q BT /F2 7.50 Tf ET BT /F2 4.87 Tf ET q 0 0 0 rg BT 75.00 567.50 Td (\(1\) ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 81.00 565.59 Td (Restated for the adoption of IFRS 9, ) Tj ET Q BT /F4 7.50 Tf ET q 0 0 0 rg BT 181.18 565.59 Td (Financial Instruments) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 239.64 565.59 Td (. Refer to Note 3 \(ii\).) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 221.80 509.03 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 275.15 509.03 Td (T) Tj ET Q q 0 0 0 rg BT 279.70 509.03 Td (rust units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 321.45 509.03 Td (Retained earnings) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 414.05 537.08 Td (Accumulated) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 443.50 527.58 Td (other) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 405.80 518.08 Td (comprehensive) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.70 508.58 Td (income) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 493.80 509.03 Td (T) Tj ET Q q 0 0 0 rg BT 497.99 509.03 Td (otal equity) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 495.03 Td (December 31, 2016) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 247.00 495.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 287.20 495.03 Td (310,201) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 321.00 495.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 365.55 495.08 Td (35,51) Tj ET Q q 0 0 0 rg BT 385.05 495.08 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 395.00 495.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.60 495.03 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 469.00 495.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 495.03 Td (345,712) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 481.03 Td (Distributions) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 226.15 480.98 Td (16) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 307.60 481.03 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 367.30 481.08 Td (\(7,645) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 389.40 481.03 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.60 481.03 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 481.03 Td (\(7,645) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 481.03 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 467.03 Td (Units issued pursuant to DRIP) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 226.15 466.98 Td (15) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 302.40 467.03 Td (296) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 381.60 467.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.60 467.03 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 467.03 Td (296) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 453.03 Td (Net income and comprehensive income) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 307.60 453.03 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 369.90 453.03 Td (8,442) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.60 453.03 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 453.03 Td (8,442) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 439.03 Td (March 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 247.00 439.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 287.20 439.03 Td (310,497) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 321.00 439.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 365.55 439.08 Td (36,308) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 395.00 439.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.60 439.03 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 469.00 439.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 439.03 Td (346,805) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 410.30 Td ( ) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 50.00 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 769.35 Td (SLA) Tj ET Q q 0 0 0 rg BT 94.61 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.50 752.55 Td (CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 217.05 752.55 Td (TED INTERIM ST) Tj ET Q q 0 0 0 rg BT 307.41 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 314.85 752.55 Td (TEMENTS OF CASH FLOWS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.50 740.55 Td (\(in thousands of Canadian dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.50 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.30 42.95 Td (Page 5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 132.00 21.35 Td (The accompanying notes are an integral part of these condensed consolidated interim financial statements) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 701.5 m 353.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 701.5 m 380.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 701.5 m 460.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 701.5 m 540.5 701.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 677.5 m 353.5 677.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 677.5 m 460.5 677.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 677.5 m 540.5 677.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 677.5 m 380.5 677.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 417.5 m 353.5 417.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 417.5 m 380.5 417.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 417.5 m 460.5 417.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 417.5 m 540.5 417.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 417.5 m 540.5 417.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 313.5 m 460.5 313.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 313.5 m 540.5 313.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 313.5 m 353.5 313.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 313.5 m 380.5 313.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 313.5 m 460.5 313.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 313.5 m 540.5 313.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 169.5 m 353.5 169.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 169.5 m 380.5 169.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 169.5 m 460.5 169.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 169.5 m 540.5 169.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 105.5 m 353.5 105.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 105.5 m 380.5 105.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 105.5 m 460.5 105.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 105.5 m 540.5 105.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 90.5 m 353.5 90.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 90.5 m 380.5 90.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 90.5 m 460.5 90.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 105.5 m 540.5 105.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 90.5 m 540.5 90.5 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.25 692.08 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 357.80 680.08 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 439.65 680.08 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 519.65 680.08 Td (2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 668.08 Td (Operating activities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 655.08 Td (Net income) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 655.08 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 655.08 Td (7,904) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 655.08 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 655.08 Td (8,442) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 642.08 Td (Items not af) Tj ET Q q 0 0 0 rg BT 115.65 642.08 Td (fecting cash:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 88.50 629.08 Td (Straight-line rent and other changes) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 629.08 Td (4) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 629.08 Td (\(1) Tj ET Q q 0 0 0 rg BT 448.73 629.08 Td (16) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 629.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 629.08 Td (\(450) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 629.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 88.50 616.08 Td (Change in fair value of financial instruments) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 616.08 Td (20) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 616.08 Td (\(5,048) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 616.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 616.08 Td (\(862) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 616.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 88.50 603.08 Td (Change in fair value of properties) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 603.08 Td (4) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 603.08 Td (9,230) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 603.08 Td (\(227) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 603.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 88.50 590.08 Td (Change in fair value of Class B LP) Tj ET Q q 0 0 0 rg BT 207.09 590.08 Td ( units) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 590.08 Td (13) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 590.08 Td (\(2,748) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 590.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 590.08 Td (740) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 88.50 577.08 Td (IFRIC 21 property tax adjustment) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 577.08 Td (4) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 577.08 Td (\(528) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 577.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 577.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 88.50 564.08 Td (Deferred income tax recovery) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 564.08 Td (25) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 564.08 Td (\(790) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 564.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 564.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 88.50 551.08 Td (Depreciation of hotel asset) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 551.08 Td (4) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 551.08 Td (222) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 551.08 Td (189) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 538.08 Td (Interest income) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 446.10 538.08 Td (\(37) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 538.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.10 538.08 Td (\(17) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 538.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 525.08 Td (Interest received) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.70 525.08 Td (37) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.70 525.08 Td (17) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 512.08 Td (Interest and finance costs) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 512.08 Td (19) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 512.08 Td (10,325) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 512.08 Td (5,210) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 499.08 Td (Interest paid) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 499.08 Td (19) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 499.08 Td (\(8,083) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 499.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 499.08 Td (\(5,005) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 499.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 486.08 Td (Subscription receipt equivalent amount paid) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 486.08 Td (19) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 486.08 Td (\(1,597) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 486.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 486.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 473.08 Td (Finance income on finance lease receivable) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 473.08 Td (7) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 473.08 Td (\(955) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 473.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 473.08 Td (\(990) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 473.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 460.08 Td (Finance interest payments received on finance lease receivable) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 460.08 Td (7) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 460.08 Td (955) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 460.08 Td (990) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 447.08 Td (Distributions to Class B LP) Tj ET Q q 0 0 0 rg BT 167.16 447.08 Td ( unitholders) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 447.08 Td (16) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 447.08 Td (991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 447.08 Td (991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 434.08 Td (Distributions paid to Class B LP) Tj ET Q q 0 0 0 rg BT 184.06 434.08 Td ( unitholders) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 434.08 Td (16) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 434.08 Td (\(991) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 434.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 434.08 Td (\(991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 434.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 421.08 Td (W) Tj ET Q q 0 0 0 rg BT 82.29 421.08 Td (orking capital items) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 421.08 Td (\(1,274) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 421.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 421.08 Td (\(191) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 421.08 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 408.08 Td (7,497) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 408.08 Td (7,846) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 395.08 Td (Investing activities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 382.08 Td (Acquisition of properties) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 382.08 Td (5) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 426.60 382.08 Td (\(220,935) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 382.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 382.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 369.08 Td (Deposits on properties) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 449.60 369.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 369.08 Td (\(7,700) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 369.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 356.08 Td (Principal payments received on finance lease receivable) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 356.08 Td (7) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 356.08 Td (569) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 356.08 Td (535) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 343.08 Td (Capital expenditures) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 343.08 Td (4) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 343.08 Td (\(1,563) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 343.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 343.08 Td (\(4,509) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 343.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 330.08 Td (Direct leasing costs) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 330.08 Td (4) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 330.08 Td (\(4,321) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 330.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 330.08 Td (\(7,313) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 330.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 317.08 Td (Proceeds from disposition of property) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 317.08 Td (6) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 317.08 Td (971) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 317.08 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 426.60 304.08 Td (\(225,279) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 304.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 510.95 304.08 Td (\(18,987) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 304.08 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 291.08 Td (Financing activities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 278.08 Td (Proceeds from issuance of units) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 278.08 Td (15) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 429.20 278.08 Td (103,508) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 278.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 265.08 Td (Unit issuance costs) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 265.08 Td (15) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 265.08 Td (\(4,774) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 265.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 265.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 252.08 Td (Debt financing advanced) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 252.08 Td (26) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 252.08 Td (68,321) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 252.08 Td (8,500) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 239.08 Td (Issuance of convertible debentures) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 239.08 Td (26) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 239.08 Td (28,750) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 239.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 226.08 Td (Cost of issuance of convertible debentures) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 226.08 Td (26) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 226.08 Td (\(1,320) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 226.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 226.08 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 213.08 Td (Debt principal payments) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 213.08 Td (26) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 213.08 Td (\(4,352) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 213.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 213.08 Td (\(1,180) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 213.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 200.08 Td (T) Tj ET Q q 0 0 0 rg BT 79.62 200.08 Td (ransaction costs on debt) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 200.08 Td (26) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 200.08 Td (\(1,488) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 200.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.10 200.08 Td (\(82) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 200.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 187.08 Td (Advances on revolving facilities, net) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 187.08 Td (26) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 187.08 Td (34,462) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 187.08 Td (9,500) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 174.03 Td (Distributions on REIT) Tj ET Q q 0 0 0 rg BT 148.54 174.03 Td ( units) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.15 173.98 Td (16) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 430.95 174.03 Td (\(10,432) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 174.03 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 174.03 Td (\(7,345) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 174.03 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 429.20 160.08 Td (212,675) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 160.08 Td (9,393) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 142.08 Td (Foreign exchange gain on cash held in foreign currencies) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 142.08 Td (\(200) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 142.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 142.08 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 124.08 Td (Decrease in cash) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 124.08 Td (\(5,307) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 124.08 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 124.08 Td (\(1,748) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 124.08 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 110.03 Td (Cash, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 110.03 Td (9,153) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 110.03 Td (4,252) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 95.03 Td (Cash, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 95.03 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 95.03 Td (3,846) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 95.03 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 95.03 Td (2,504) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.30 42.95 Td (Page 6) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 683.70 Td (1. ) Tj ET Q q 0 0 0 rg BT 80.67 683.70 Td ( ) Tj ET Q q 0 0 0 rg BT 82.83 683.70 Td ( ) Tj ET Q q 0 0 0 rg BT 85.00 683.70 Td ( ) Tj ET Q q 0 0 0 rg BT 87.17 683.70 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 683.70 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 683.70 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 683.70 Td (Description ) Tj ET Q q 0 0 0 rg BT 138.68 683.70 Td (of ) Tj ET Q q 0 0 0 rg BT 148.20 683.70 Td (the ) Tj ET Q q 0 0 0 rg BT 162.05 683.70 Td (REIT ) Tj ET Q q 0 0 0 rg BT 181.96 683.70 Td (and ) Tj ET Q q 0 0 0 rg BT 197.98 683.70 Td (operations) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 666.30 Td (Slate ) Tj ET Q q 0 0 0 rg BT 92.51 666.30 Td (Of) Tj ET Q q 0 0 0 rg BT 100.61 666.30 Td (fice ) Tj ET Q q 0 0 0 rg BT 115.49 666.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 133.10 666.30 Td ( ) Tj ET Q q 0 0 0 rg BT 135.86 666.30 Td (\(the ) Tj ET Q q 0 0 0 rg BT 152.04 666.30 Td (REIT\) ) Tj ET Q q 0 0 0 rg BT 180.32 666.30 Td (is ) Tj ET Q q 0 0 0 rg BT 188.70 666.30 Td (an ) Tj ET Q q 0 0 0 rg BT 200.12 666.30 Td (unincorporated, ) Tj ET Q q 0 0 0 rg BT 257.02 666.30 Td (open-ended ) Tj ET Q q 0 0 0 rg BT 301.36 666.30 Td (real ) Tj ET Q q 0 0 0 rg BT 317.11 666.30 Td (estate ) Tj ET Q q 0 0 0 rg BT 341.09 666.30 Td (investment ) Tj ET Q q 0 0 0 rg BT 381.53 666.30 Td (trust ) Tj ET Q q 0 0 0 rg BT 399.44 666.30 Td (governed ) Tj ET Q q 0 0 0 rg BT 434.68 666.30 Td (by ) Tj ET Q q 0 0 0 rg BT 445.67 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 459.25 666.30 Td (laws ) Tj ET Q q 0 0 0 rg BT 477.59 666.30 Td (of ) Tj ET Q q 0 0 0 rg BT 486.85 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 500.44 666.30 Td (Province ) Tj ET Q q 0 0 0 rg BT 533.50 666.30 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 654.90 Td (Ontario ) Tj ET Q q 0 0 0 rg BT 99.81 654.90 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 132.39 654.90 Td (to ) Tj ET Q q 0 0 0 rg BT 141.15 654.90 Td (an ) Tj ET Q q 0 0 0 rg BT 152.07 654.90 Td (amended ) Tj ET Q q 0 0 0 rg BT 186.82 654.90 Td (and ) Tj ET Q q 0 0 0 rg BT 202.07 654.90 Td (restated ) Tj ET Q q 0 0 0 rg BT 232.49 654.90 Td (Declaration ) Tj ET Q q 0 0 0 rg BT 274.15 654.90 Td (of ) Tj ET Q q 0 0 0 rg BT 282.77 654.90 Td (T) Tj ET Q q 0 0 0 rg BT 287.24 654.90 Td (rust ) Tj ET Q q 0 0 0 rg BT 302.49 654.90 Td (dated ) Tj ET Q q 0 0 0 rg BT 324.25 654.90 Td (December ) Tj ET Q q 0 0 0 rg BT 362.44 654.90 Td (17, ) Tj ET Q q 0 0 0 rg BT 375.53 654.90 Td (2014, ) Tj ET Q q 0 0 0 rg BT 397.29 654.90 Td (as ) Tj ET Q q 0 0 0 rg BT 407.78 654.90 Td (amended ) Tj ET Q q 0 0 0 rg BT 442.52 654.90 Td (on ) Tj ET Q q 0 0 0 rg BT 453.45 654.90 Td (May ) Tj ET Q q 0 0 0 rg BT 470.42 654.90 Td (25, ) Tj ET Q q 0 0 0 rg BT 483.52 654.90 Td (2015 ) Tj ET Q q 0 0 0 rg BT 503.11 654.90 Td (and ) Tj ET Q q 0 0 0 rg BT 518.36 654.90 Td (March ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 643.50 Td (21, ) Tj ET Q q 0 0 0 rg BT 84.41 643.50 Td (2016 ) Tj ET Q q 0 0 0 rg BT 103.32 643.50 Td (\(the ) Tj ET Q q 0 0 0 rg BT 118.32 643.50 Td ("Declaration ) Tj ET Q q 0 0 0 rg BT 162.06 643.50 Td (of ) Tj ET Q q 0 0 0 rg BT 170.04 643.50 Td (T) Tj ET Q q 0 0 0 rg BT 174.52 643.50 Td (rust"\). ) Tj ET Q q 0 0 0 rg BT 196.30 643.50 Td (At ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 205.23 643.50 Td (March31, ) Tj ET Q q 0 0 0 rg BT 241.45 643.50 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 258.78 643.50 Td (, ) Tj ET Q q 0 0 0 rg BT 262.53 643.50 Td (the ) Tj ET Q q 0 0 0 rg BT 274.94 643.50 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 299.65 643.50 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 328.94 643.50 Td (consists ) Tj ET Q q 0 0 0 rg BT 358.67 643.50 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 366.74 643.50 Td (45) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 375.41 643.50 Td ( ) Tj ET Q q 0 0 0 rg BT 376.99 643.50 Td (commercial ) Tj ET Q q 0 0 0 rg BT 418.39 643.50 Td (properties ) Tj ET Q q 0 0 0 rg BT 454.61 643.50 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ET q 0 0 0 rg BT 312.79 551.10 Td (. ) Tj ET Q q 0 0 0 rg BT 317.06 551.10 Td (Certain ) Tj ET Q q 0 0 0 rg BT 344.27 551.10 Td (information ) Tj ET Q q 0 0 0 rg BT 384.92 551.10 Td (and ) Tj ET Q q 0 0 0 rg BT 400.02 551.10 Td (note ) Tj ET Q q 0 0 0 rg BT 417.28 551.10 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 458.35 551.10 Td (normally ) Tj ET Q q 0 0 0 rg BT 489.89 551.10 Td (included ) Tj ET Q q 0 0 0 rg BT 521.02 551.10 Td (in ) Tj ET Q q 0 0 0 rg BT 529.18 551.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 539.70 Td (annual ) Tj ET Q q 0 0 0 rg BT 98.04 539.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 144.44 539.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 175.68 539.70 Td (statements ) Tj ET Q q 0 0 0 rg BT 216.44 539.70 Td (prepared ) Tj ET Q q 0 0 0 rg BT 250.27 539.70 Td (in ) Tj ET Q q 0 0 0 rg BT 258.98 539.70 Td (accordance ) Tj ET Q q 0 0 0 rg BT 301.91 539.70 Td (with ) Tj ET Q q 0 0 0 rg BT 318.41 539.70 Td (International ) Tj ET Q q 0 0 0 rg BT 363.94 539.70 Td 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Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 464.70 Td (iii. ) Tj ET Q q 0 0 0 rg BT 81.52 464.70 Td ( ) Tj ET Q q 0 0 0 rg BT 83.69 464.70 Td ( ) Tj ET Q q 0 0 0 rg BT 85.86 464.70 Td (Basis ) Tj ET Q q 0 0 0 rg BT 107.08 464.70 Td (of ) Tj ET Q q 0 0 0 rg BT 115.74 464.70 Td (measurement) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 447.30 Td (The ) Tj ET Q q 0 0 0 rg BT 87.80 447.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 133.92 447.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 164.87 447.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 205.36 447.30 Td (have ) Tj ET Q q 0 0 0 rg BT 224.63 447.30 Td (been ) Tj ET Q q 0 0 0 rg BT 244.33 447.30 Td (prepared ) Tj ET Q q 0 0 0 rg BT 277.88 447.30 Td (on ) Tj ET Q q 0 0 0 rg BT 288.92 447.30 Td (a ) Tj ET Q q 0 0 0 rg BT 295.63 447.30 Td (going ) Tj ET Q q 0 0 0 rg BT 317.06 447.30 Td (concern ) Tj ET Q q 0 0 0 rg BT 347.15 447.30 Td (basis ) Tj ET Q q 0 0 0 rg BT 367.71 447.30 Td (and ) Tj ET Q q 0 0 0 rg BT 383.08 447.30 Td (are ) Tj ET Q q 0 0 0 rg BT 396.71 447.30 Td (measured ) Tj ET Q q 0 0 0 rg BT 433.72 447.30 Td (at ) Tj ET Q q 0 0 0 rg BT 442.60 447.30 Td (historical ) Tj ET Q q 0 0 0 rg BT 475.71 447.30 Td (cost ) Tj ET Q q 0 0 0 rg BT 492.37 447.30 Td (except ) Tj ET Q q 0 0 0 rg BT 517.70 447.30 Td (for ) Tj ET Q q 0 0 0 rg BT 529.17 447.30 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 435.90 Td (following ) Tj ET Q q 0 0 0 rg BT 104.48 435.90 Td (items, ) Tj ET Q q 0 0 0 rg BT 127.43 435.90 Td (which ) Tj ET Q q 0 0 0 rg BT 149.51 435.90 Td (are ) Tj ET Q q 0 0 0 rg BT 162.93 435.90 Td (measured ) Tj ET Q q 0 0 0 rg BT 199.74 435.90 Td (at ) Tj ET Q q 0 0 0 rg BT 208.40 435.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 221.39 435.90 Td (value:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 418.50 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 418.50 Td (Investment ) Tj ET Q q 0 0 0 rg BT 130.28 418.50 Td (properties; ) Tj ET Q q 0 0 0 rg BT 169.25 418.50 Td (and) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 401.10 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 401.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 123.34 401.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 165.78 401.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 199.99 401.10 Td (as ) Tj ET Q q 0 0 0 rg BT 210.39 401.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 223.38 401.10 Td (value ) Tj ET Q q 0 0 0 rg BT 244.17 401.10 Td (through ) Tj ET Q q 0 0 0 rg BT 272.76 401.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 292.24 401.10 Td (or ) Tj ET Q q 0 0 0 rg BT 301.34 401.10 Td (loss.) 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Tj ET Q q 0 0 0 rg BT 382.99 366.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 402.32 366.30 Td (s ) Tj ET Q q 0 0 0 rg BT 408.89 366.30 Td (functional ) Tj ET Q q 0 0 0 rg BT 444.92 366.30 Td (currency ) Tj ET Q q 0 0 0 rg BT 477.47 366.30 Td (and ) Tj ET Q q 0 0 0 rg BT 493.14 366.30 Td (the ) Tj ET Q q 0 0 0 rg BT 506.64 366.30 Td (functional ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 354.90 Td (currency ) Tj ET Q q 0 0 0 rg BT 103.98 354.90 Td (of ) Tj ET Q q 0 0 0 rg BT 112.58 354.90 Td (all ) Tj ET Q q 0 0 0 rg BT 122.48 354.90 Td (of ) Tj ET Q q 0 0 0 rg BT 131.08 354.90 Td (its ) Tj ET Q q 0 0 0 rg BT 140.97 354.90 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 186.38 354.90 Td (except ) Tj ET Q q 0 0 0 rg BT 211.44 354.90 Td (for ) Tj ET Q q 0 0 0 rg BT 222.64 354.90 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 265.88 354.90 Td (directly ) Tj ET Q q 0 0 0 rg BT 292.66 354.90 Td (or ) Tj ET Q q 0 0 0 rg BT 301.69 354.90 Td (indirectly ) Tj ET Q q 0 0 0 rg BT 334.53 354.90 Td (holding ) Tj ET Q q 0 0 0 rg BT 361.76 354.90 Td (property ) Tj ET Q q 0 0 0 rg BT 392.44 354.90 Td (in ) Tj ET Q q 0 0 0 rg BT 400.61 354.90 Td (the ) Tj ET Q q 0 0 0 rg BT 413.54 354.90 Td (United ) Tj ET Q q 0 0 0 rg BT 438.16 354.90 Td (States ) Tj ET Q q 0 0 0 rg BT 462.35 354.90 Td (of ) Tj ET Q q 0 0 0 rg BT 470.54 354.90 Td (America ) Tj ET Q q 0 0 0 rg BT 501.21 354.90 Td (\(the ) Tj ET Q q 0 0 0 rg BT 516.74 354.90 Td ("U.S."\) ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 343.50 Td (for ) Tj ET Q q 0 0 0 rg BT 83.26 343.50 Td (which ) Tj ET Q q 0 0 0 rg BT 105.34 343.50 Td (the ) Tj ET Q q 0 0 0 rg BT 118.34 343.50 Td (functional ) Tj ET Q q 0 0 0 rg BT 153.86 343.50 Td (currency ) Tj ET Q q 0 0 0 rg BT 185.90 343.50 Td (is ) Tj ET Q q 0 0 0 rg BT 193.69 343.50 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 211.01 343.50 Td (dollars. ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 326.10 Td (3. ) Tj ET Q q 0 0 0 rg BT 80.67 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 82.83 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 85.00 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 87.17 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 326.10 Td (Significant ) Tj ET Q q 0 0 0 rg BT 135.66 326.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 179.38 326.10 Td (policies) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 308.70 Td (i. ) Tj ET Q q 0 0 0 rg BT 78.06 308.70 Td ( ) Tj ET Q q 0 0 0 rg BT 80.23 308.70 Td ( ) Tj ET Q q 0 0 0 rg BT 82.40 308.70 Td (Significant ) Tj ET Q q 0 0 0 rg BT 120.51 308.70 Td (accounting ) Tj ET Q q 0 0 0 rg BT 160.36 308.70 Td (policies) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 291.30 Td (These ) Tj ET Q q 0 0 0 rg BT 96.18 291.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 142.45 291.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 173.56 291.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 214.20 291.30 Td (have ) Tj ET Q q 0 0 0 rg BT 233.62 291.30 Td (been ) Tj ET Q q 0 0 0 rg BT 253.48 291.30 Td (prepared ) Tj ET Q q 0 0 0 rg BT 287.19 291.30 Td (using ) Tj ET Q q 0 0 0 rg BT 308.34 291.30 Td (the ) Tj ET Q q 0 0 0 rg BT 321.70 291.30 Td (same ) Tj ET Q q 0 0 0 rg BT 343.27 291.30 Td (accounting ) Tj ET Q q 0 0 0 rg BT 383.49 291.30 Td (policies ) Tj ET Q q 0 0 0 rg BT 411.99 291.30 Td (and ) Tj ET Q q 0 0 0 rg BT 427.52 291.30 Td (methods ) Tj ET Q q 0 0 0 rg BT 459.93 291.30 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 494.93 291.30 Td (in ) Tj ET Q q 0 0 0 rg BT 503.52 291.30 Td (the ) Tj ET Q q 0 0 0 rg BT 516.88 291.30 Td (REIT's ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 279.90 Td (annual ) Tj ET Q q 0 0 0 rg BT 97.66 279.90 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 143.68 279.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 174.53 279.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 214.91 279.90 Td (for ) Tj ET Q q 0 0 0 rg BT 226.28 279.90 Td (the ) Tj ET Q q 0 0 0 rg BT 239.38 279.90 Td (year ) Tj ET Q q 0 0 0 rg BT 256.80 279.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 280.73 279.90 Td (December ) Tj ET Q q 0 0 0 rg BT 318.93 279.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 332.03 279.90 Td (2017, ) Tj ET Q q 0 0 0 rg BT 353.80 279.90 Td (except ) Tj ET Q q 0 0 0 rg BT 379.02 279.90 Td (for ) Tj ET Q q 0 0 0 rg BT 390.39 279.90 Td (the ) Tj ET Q q 0 0 0 rg BT 403.49 279.90 Td (adoption ) Tj ET Q q 0 0 0 rg BT 435.65 279.90 Td (of ) Tj ET Q q 0 0 0 rg BT 444.42 279.90 Td (the ) Tj ET Q q 0 0 0 rg BT 457.52 279.90 Td (new ) Tj ET Q q 0 0 0 rg BT 474.07 279.90 Td (accounting ) Tj ET Q q 0 0 0 rg BT 514.03 279.90 Td (policies ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 268.50 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 106.87 268.50 Td (below) Tj ET Q q 0 0 0 rg BT 126.79 268.50 Td (. ) Tj ET Q q 0 0 0 rg BT 131.35 268.50 Td ( ) Tj ET Q q 0 0 0 rg BT 133.26 268.50 Td (Also ) Tj ET Q q 0 0 0 rg BT 150.81 268.50 Td (included ) Tj ET Q q 0 0 0 rg BT 182.21 268.50 Td (below ) Tj ET Q q 0 0 0 rg BT 204.95 268.50 Td (are ) Tj ET Q q 0 0 0 rg BT 218.60 268.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 258.67 268.50 Td (policies ) Tj ET Q q 0 0 0 rg BT 287.04 268.50 Td (not ) Tj ET Q q 0 0 0 rg BT 300.26 268.50 Td (described ) Tj ET Q q 0 0 0 rg BT 336.43 268.50 Td (in ) Tj ET Q q 0 0 0 rg BT 344.88 268.50 Td (the ) Tj ET Q q 0 0 0 rg BT 358.10 268.50 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 383.62 268.50 Td (annual ) Tj ET Q q 0 0 0 rg BT 409.40 268.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 455.53 268.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 486.51 268.50 Td (statements, ) Tj ET Q q 0 0 0 rg BT 529.17 268.50 Td (but ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 257.10 Td (which ) Tj ET Q q 0 0 0 rg BT 94.08 257.10 Td (are ) Tj ET Q q 0 0 0 rg BT 107.51 257.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 144.75 257.10 Td (to ) Tj ET Q q 0 0 0 rg BT 153.42 257.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 197.60 257.10 Td (occurring ) Tj ET Q q 0 0 0 rg BT 231.80 257.10 Td (for ) Tj ET Q q 0 0 0 rg BT 243.06 257.10 Td (the ) Tj ET Q q 0 0 0 rg BT 256.06 257.10 Td (first ) Tj ET Q q 0 0 0 rg BT 270.78 257.10 Td (time ) Tj ET Q q 0 0 0 rg BT 287.66 257.10 Td (in ) Tj ET Q q 0 0 0 rg BT 295.89 257.10 Td (2018.) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 239.70 Td (ii. ) Tj ET Q q 0 0 0 rg BT 79.79 239.70 Td (New ) Tj ET Q q 0 0 0 rg BT 97.54 239.70 Td (accounting ) Tj ET Q q 0 0 0 rg BT 137.39 239.70 Td (policies) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 222.30 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 222.30 Td (following ) Tj ET Q q 0 0 0 rg BT 120.07 222.30 Td (accounting ) Tj ET Q q 0 0 0 rg BT 159.92 222.30 Td (policies ) Tj ET Q q 0 0 0 rg BT 188.07 222.30 Td (have ) Tj ET Q q 0 0 0 rg BT 207.13 222.30 Td (been ) Tj ET Q q 0 0 0 rg BT 226.62 222.30 Td (adopted ) Tj ET Q q 0 0 0 rg BT 256.95 222.30 Td (by ) Tj ET Q q 0 0 0 rg BT 267.35 222.30 Td (the ) Tj ET Q q 0 0 0 rg BT 280.35 222.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 297.96 222.30 Td ( ) Tj ET Q q 0 0 0 rg BT 300.12 222.30 Td (in ) Tj ET Q q 0 0 0 rg BT 308.35 222.30 Td (the ) Tj ET Q q 0 0 0 rg BT 321.35 222.30 Td (current ) Tj ET Q q 0 0 0 rg BT 347.76 222.30 Td (period: ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 204.90 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 91.91 204.90 Td (9, ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 100.58 204.90 Td (Financial ) Tj ET Q q 0 0 0 rg BT 133.92 204.90 Td (Instruments) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 174.62 204.90 Td ( ) Tj ET Q q 0 0 0 rg BT 176.79 204.90 Td (\("IFRS ) Tj ET Q q 0 0 0 rg BT 202.06 204.90 Td (9"\) ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 187.05 Td (The ) Tj ET Q q 0 0 0 rg BT 87.47 187.05 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.08 187.05 Td ( ) Tj ET Q q 0 0 0 rg BT 107.13 187.05 Td (has ) Tj ET Q q 0 0 0 rg BT 121.74 187.05 Td (applied ) Tj ET Q q 0 0 0 rg BT 148.91 187.05 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 168.70 187.05 Td (9 ) Tj ET Q q 0 0 0 rg BT 175.08 187.05 Td (ef) Tj ET Q q 0 0 0 rg BT 181.44 187.05 Td (fective ) Tj ET Q q 0 0 0 rg BT 206.01 187.05 Td (January ) Tj ET Q q 0 0 0 rg BT 235.77 187.05 Td (1, ) Tj ET Q q 0 0 0 rg BT 244.32 187.05 Td (2018. ) Tj ET Q q 0 0 0 rg BT 265.86 187.05 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 285.65 187.05 Td (9 ) Tj ET Q q 0 0 0 rg BT 292.03 187.05 Td (replaces ) Tj ET Q q 0 0 0 rg BT 323.52 187.05 Td (IAS ) Tj ET Q q 0 0 0 rg BT 338.13 187.05 Td (39, ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 351.01 187.05 Td (Financial ) Tj ET Q q 0 0 0 rg BT 384.23 187.05 Td (Instruments: ) Tj ET Q q 0 0 0 rg BT 429.15 187.05 Td (Recognition ) Tj ET Q q 0 0 0 rg BT 472.34 187.05 Td (and ) Tj ET Q q 0 0 0 rg BT 487.38 187.05 Td (Measurement ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 175.65 Td (\("IAS ) Tj ET Q q 0 0 0 rg BT 91.53 175.65 Td (39"\) ) Tj ET Q q 0 0 0 rg BT 107.16 175.65 Td (and ) Tj ET Q q 0 0 0 rg BT 121.78 175.65 Td (provides ) Tj ET Q q 0 0 0 rg BT 152.84 175.65 Td (new ) Tj ET Q q 0 0 0 rg BT 168.74 175.65 Td (guidance ) Tj ET Q q 0 0 0 rg BT 201.97 175.65 Td (on ) Tj ET Q q 0 0 0 rg BT 212.25 175.65 Td (the ) Tj ET Q q 0 0 0 rg BT 224.69 175.65 Td (classification ) Tj ET Q q 0 0 0 rg BT 270.48 175.65 Td (and ) Tj ET Q q 0 0 0 rg BT 285.09 175.65 Td (measurement, ) Tj ET Q q 0 0 0 rg BT 336.50 175.65 Td (impairment ) Tj ET Q q 0 0 0 rg BT 376.64 175.65 Td (and ) Tj ET Q q 0 0 0 rg BT 391.25 175.65 Td (hedge ) Tj ET Q q 0 0 0 rg BT 414.53 175.65 Td (accounting ) Tj ET Q q 0 0 0 rg BT 453.83 175.65 Td (for ) Tj ET Q q 0 0 0 rg BT 464.53 175.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 494.73 175.65 Td (instruments ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 164.25 Td (in ) Tj ET Q q 0 0 0 rg BT 80.27 164.25 Td (addition ) Tj ET Q q 0 0 0 rg BT 109.77 164.25 Td (to ) Tj ET Q q 0 0 0 rg BT 118.48 164.25 Td (clarification ) Tj ET Q q 0 0 0 rg BT 159.66 164.25 Td (for ) Tj ET Q q 0 0 0 rg BT 170.96 164.25 Td (the ) Tj ET Q q 0 0 0 rg BT 184.00 164.25 Td (treatment ) Tj ET Q q 0 0 0 rg BT 219.12 164.25 Td (of ) Tj ET Q q 0 0 0 rg BT 227.83 164.25 Td (modifications ) Tj ET Q q 0 0 0 rg BT 275.51 164.25 Td (of ) Tj ET Q q 0 0 0 rg BT 284.22 164.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 315.01 164.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 346.66 164.25 Td (that ) Tj ET Q q 0 0 0 rg BT 361.87 164.25 Td (do ) Tj ET Q q 0 0 0 rg BT 372.74 164.25 Td (not ) Tj ET Q q 0 0 0 rg BT 385.78 164.25 Td (result ) Tj ET Q q 0 0 0 rg BT 407.05 164.25 Td (in ) Tj ET Q q 0 0 0 rg BT 415.32 164.25 Td (extinguishment. ) Tj ET Q q 0 0 0 rg BT 472.10 164.25 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 492.05 164.25 Td (9 ) Tj ET Q q 0 0 0 rg BT 498.59 164.25 Td (is ) Tj ET Q q 0 0 0 rg BT 506.43 164.25 Td (required ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 152.85 Td (to ) Tj ET Q q 0 0 0 rg BT 80.67 152.85 Td (be ) Tj ET Q q 0 0 0 rg BT 91.50 152.85 Td (adopted ) Tj ET Q q 0 0 0 rg BT 121.83 152.85 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 174.22 152.85 Td (with ) Tj ET Q q 0 0 0 rg BT 190.24 152.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 215.79 152.85 Td (available ) Tj ET Q q 0 0 0 rg BT 248.71 152.85 Td (transition ) Tj ET Q q 0 0 0 rg BT 282.49 152.85 Td (provisions.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 135.55 Td (Details ) Tj ET Q q 0 0 0 rg BT 97.55 135.55 Td (of ) Tj ET Q q 0 0 0 rg BT 105.79 135.55 Td (these ) Tj ET Q q 0 0 0 rg BT 126.59 135.55 Td (new ) Tj ET Q q 0 0 0 rg BT 142.61 135.55 Td (requirements ) Tj ET Q q 0 0 0 rg BT 189.82 135.55 Td (as ) Tj ET Q q 0 0 0 rg BT 199.79 135.55 Td (well ) Tj ET Q q 0 0 0 rg BT 214.94 135.55 Td (as ) Tj ET Q q 0 0 0 rg BT 224.91 135.55 Td (their ) Tj ET Q q 0 0 0 rg BT 241.80 135.55 Td (impact ) Tj ET Q q 0 0 0 rg BT 266.49 135.55 Td (on ) Tj ET Q q 0 0 0 rg BT 276.90 135.55 Td (the ) Tj ET Q q 0 0 0 rg BT 289.47 135.55 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 314.34 135.55 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 359.83 135.55 Td (financial ) Tj ET Q q 0 0 0 rg BT 390.15 135.55 Td (statements ) Tj ET Q q 0 0 0 rg BT 430.00 135.55 Td (are ) Tj ET Q q 0 0 0 rg BT 443.00 135.55 Td (described ) Tj ET Q q 0 0 0 rg BT 478.52 135.55 Td (below) Tj ET Q q 0 0 0 rg BT 498.44 135.55 Td (. ) Tj ET Q q 0 0 0 rg BT 502.24 135.55 Td (The ) Tj ET Q q 0 0 0 rg BT 517.40 135.55 Td (REIT) Tj ET Q q 0 0 0 rg BT 535.01 135.55 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 124.15 Td (has ) Tj ET Q q 0 0 0 rg BT 86.73 124.15 Td (applied ) Tj ET Q q 0 0 0 rg BT 114.02 124.15 Td (the ) Tj ET Q q 0 0 0 rg BT 127.02 124.15 Td (standard ) Tj ET Q q 0 0 0 rg BT 159.50 124.15 Td (on ) Tj ET Q q 0 0 0 rg BT 170.33 124.15 Td (a ) Tj ET Q q 0 0 0 rg BT 176.83 124.15 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 223.60 124.15 Td (basis ) Tj ET Q q 0 0 0 rg BT 243.96 124.15 Td (using ) Tj ET Q q 0 0 0 rg BT 264.75 124.15 Td (the ) Tj ET Q q 0 0 0 rg BT 277.74 124.15 Td (available ) Tj ET Q q 0 0 0 rg BT 310.66 124.15 Td (transitional ) Tj ET Q q 0 0 0 rg BT 350.50 124.15 Td (provisions ) Tj ET Q q 0 0 0 rg BT 387.75 124.15 Td (to ) Tj ET Q q 0 0 0 rg BT 396.41 124.15 Td (not ) Tj ET Q q 0 0 0 rg BT 409.41 124.15 Td (restate ) Tj ET Q q 0 0 0 rg BT 435.40 124.15 Td (comparatives.) Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.30 42.95 Td (Page 7) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (Classification ) Tj ET Q q 0 0 0 rg BT 120.06 695.10 Td (and ) Tj ET Q q 0 0 0 rg BT 135.23 695.10 Td (measurement) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 677.70 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 92.65 677.70 Td (9 ) Tj ET Q q 0 0 0 rg BT 99.89 677.70 Td (requires ) Tj ET Q q 0 0 0 rg BT 130.95 677.70 Td (the ) Tj ET Q q 0 0 0 rg BT 144.69 677.70 Td (classification ) Tj ET Q q 0 0 0 rg BT 191.77 677.70 Td (and ) Tj ET Q q 0 0 0 rg BT 207.67 677.70 Td (measurement ) Tj ET Q q 0 0 0 rg BT 258.21 677.70 Td (of ) Tj ET Q q 0 0 0 rg BT 267.62 677.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 299.12 677.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 324.55 677.70 Td (based ) Tj ET Q q 0 0 0 rg BT 348.68 677.70 Td (on ) Tj ET Q q 0 0 0 rg BT 360.26 677.70 Td (the ) Tj ET Q q 0 0 0 rg BT 374.00 677.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 393.34 677.70 Td (s ) Tj ET Q q 0 0 0 rg BT 400.14 677.70 Td (business ) Tj ET Q q 0 0 0 rg BT 433.80 677.70 Td (models ) Tj ET Q q 0 0 0 rg BT 461.82 677.70 Td (for ) Tj ET Q q 0 0 0 rg BT 473.83 677.70 Td (managing ) Tj ET Q q 0 0 0 rg BT 510.95 677.70 Td (these ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 666.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 102.75 666.30 Td (assets ) Tj ET Q q 0 0 0 rg BT 127.44 666.30 Td (and ) Tj ET Q q 0 0 0 rg BT 142.60 666.30 Td (their ) Tj ET Q q 0 0 0 rg BT 159.92 666.30 Td (contractual ) Tj ET Q q 0 0 0 rg BT 200.20 666.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 218.83 666.30 Td (flow ) Tj ET Q q 0 0 0 rg BT 234.85 666.30 Td (characteristics. ) Tj ET Q q 0 0 0 rg BT 288.84 666.30 Td (This ) Tj ET Q q 0 0 0 rg BT 305.72 666.30 Td (approach ) Tj ET Q q 0 0 0 rg BT 340.37 666.30 Td (is ) Tj ET Q q 0 0 0 rg BT 348.17 666.30 Td (summarized ) Tj ET Q q 0 0 0 rg BT 392.76 666.30 Td (as ) Tj ET Q q 0 0 0 rg BT 403.16 666.30 Td (follows: ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 648.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 648.90 Td (Assets ) Tj ET Q q 0 0 0 rg BT 116.03 648.90 Td (held ) Tj ET Q q 0 0 0 rg BT 133.41 648.90 Td (for ) Tj ET Q q 0 0 0 rg BT 145.16 648.90 Td (the ) Tj ET Q q 0 0 0 rg BT 158.64 648.90 Td (purpose ) Tj ET Q q 0 0 0 rg BT 189.44 648.90 Td (of ) Tj ET Q q 0 0 0 rg BT 198.59 648.90 Td (collecting ) Tj ET Q q 0 0 0 rg BT 233.72 648.90 Td (contractual ) Tj ET Q q 0 0 0 rg BT 274.49 648.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 293.60 648.90 Td (flows ) Tj ET Q q 0 0 0 rg BT 314.00 648.90 Td (that ) Tj ET Q q 0 0 0 rg BT 329.64 648.90 Td (represent ) Tj ET Q q 0 0 0 rg BT 365.21 648.90 Td (solely ) Tj ET Q q 0 0 0 rg BT 387.78 648.90 Td (payments ) Tj ET Q q 0 0 0 rg BT 424.21 648.90 Td (of ) Tj ET Q q 0 0 0 rg BT 433.36 648.90 Td (principal ) Tj ET Q q 0 0 0 rg BT 465.02 648.90 Td (and ) Tj ET Q q 0 0 0 rg BT 480.67 648.90 Td (interest ) Tj ET Q q 0 0 0 rg BT 508.87 648.90 Td (will ) Tj ET Q q 0 0 0 rg BT 522.33 648.90 Td (be ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 637.50 Td (measured ) Tj ET Q q 0 0 0 rg BT 126.81 637.50 Td (at ) Tj ET Q q 0 0 0 rg BT 135.47 637.50 Td (amortized ) Tj ET Q q 0 0 0 rg BT 171.85 637.50 Td (cost.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 620.10 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 620.10 Td (Assets ) Tj ET Q q 0 0 0 rg BT 115.56 620.10 Td (held ) Tj ET Q q 0 0 0 rg BT 132.46 620.10 Td (within ) Tj ET Q q 0 0 0 rg BT 154.54 620.10 Td (a ) Tj ET Q q 0 0 0 rg BT 161.05 620.10 Td (business ) Tj ET Q q 0 0 0 rg BT 193.97 620.10 Td (model ) Tj ET Q q 0 0 0 rg BT 217.36 620.10 Td (where ) Tj ET Q q 0 0 0 rg BT 240.75 620.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 265.44 620.10 Td (are ) Tj ET Q q 0 0 0 rg BT 278.87 620.10 Td (both ) Tj ET Q q 0 0 0 rg BT 296.21 620.10 Td (held ) Tj ET Q q 0 0 0 rg BT 313.11 620.10 Td (for ) Tj ET Q q 0 0 0 rg BT 324.38 620.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.38 620.10 Td (purpose ) Tj ET Q q 0 0 0 rg BT 367.71 620.10 Td (of ) Tj ET Q q 0 0 0 rg BT 376.38 620.10 Td (collecting ) Tj ET Q q 0 0 0 rg BT 411.03 620.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 451.32 620.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 469.95 620.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 489.87 620.10 Td (or ) Tj ET Q q 0 0 0 rg BT 498.97 620.10 Td (sold ) Tj ET Q q 0 0 0 rg BT 515.43 620.10 Td (prior ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 608.70 Td (to ) Tj ET Q q 0 0 0 rg BT 98.17 608.70 Td (maturity ) Tj ET Q q 0 0 0 rg BT 127.56 608.70 Td (and ) Tj ET Q q 0 0 0 rg BT 142.23 608.70 Td (the ) Tj ET Q q 0 0 0 rg BT 154.74 608.70 Td (contractual ) Tj ET Q q 0 0 0 rg BT 194.52 608.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 212.66 608.70 Td (flows ) Tj ET Q q 0 0 0 rg BT 232.08 608.70 Td (represent ) Tj ET Q q 0 0 0 rg BT 266.67 608.70 Td (solely ) Tj ET Q q 0 0 0 rg BT 288.26 608.70 Td (payments ) Tj ET Q q 0 0 0 rg BT 323.71 608.70 Td (of ) Tj ET Q q 0 0 0 rg BT 331.89 608.70 Td (principal ) Tj ET Q q 0 0 0 rg BT 362.57 608.70 Td (and ) Tj ET Q q 0 0 0 rg BT 377.25 608.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 404.47 608.70 Td (will ) Tj ET Q q 0 0 0 rg BT 416.96 608.70 Td (be ) Tj ET Q q 0 0 0 rg BT 427.30 608.70 Td (measured ) Tj ET Q q 0 0 0 rg BT 463.62 608.70 Td (at ) Tj ET Q q 0 0 0 rg BT 471.79 608.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 484.29 608.70 Td (value ) Tj ET Q q 0 0 0 rg BT 504.59 608.70 Td (through ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 597.30 Td (other ) Tj ET Q q 0 0 0 rg BT 109.92 597.30 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 164.92 597.30 Td (income ) Tj ET Q q 0 0 0 rg BT 192.20 597.30 Td (\(FVT) Tj ET Q q 0 0 0 rg BT 211.97 597.30 Td (OCI\).) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 579.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 579.90 Td (Assets ) Tj ET Q q 0 0 0 rg BT 114.94 579.90 Td (held ) Tj ET Q q 0 0 0 rg BT 131.23 579.90 Td (within ) Tj ET Q q 0 0 0 rg BT 152.70 579.90 Td (another ) Tj ET Q q 0 0 0 rg BT 180.68 579.90 Td (business ) Tj ET Q q 0 0 0 rg BT 212.98 579.90 Td (model ) Tj ET Q q 0 0 0 rg BT 235.76 579.90 Td (or ) Tj ET Q q 0 0 0 rg BT 244.24 579.90 Td (assets ) Tj ET Q q 0 0 0 rg BT 268.32 579.90 Td (that ) Tj ET Q q 0 0 0 rg BT 282.88 579.90 Td (do ) Tj ET Q q 0 0 0 rg BT 293.10 579.90 Td (not ) Tj ET Q q 0 0 0 rg BT 305.49 579.90 Td (have ) Tj ET Q q 0 0 0 rg BT 323.94 579.90 Td (contractual ) Tj ET Q q 0 0 0 rg BT 363.61 579.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 381.62 579.90 Td (flow ) Tj ET Q q 0 0 0 rg BT 397.03 579.90 Td (characteristics ) Tj ET Q q 0 0 0 rg BT 448.38 579.90 Td (that ) Tj ET Q q 0 0 0 rg BT 462.94 579.90 Td (are ) Tj ET Q q 0 0 0 rg BT 475.75 579.90 Td (solely ) Tj ET Q q 0 0 0 rg BT 497.23 579.90 Td (payments ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 568.50 Td (of ) Tj ET Q q 0 0 0 rg BT 98.67 568.50 Td (principal ) Tj ET Q q 0 0 0 rg BT 129.84 568.50 Td (and ) Tj ET Q q 0 0 0 rg BT 145.01 568.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 172.72 568.50 Td (will ) Tj ET Q q 0 0 0 rg BT 185.70 568.50 Td (be ) Tj ET Q q 0 0 0 rg BT 196.54 568.50 Td (measured ) Tj ET Q q 0 0 0 rg BT 233.34 568.50 Td (at ) Tj ET Q q 0 0 0 rg BT 242.01 568.50 Td (fair ) Tj ET Q q 0 0 0 rg BT 255.00 568.50 Td (value ) Tj ET Q q 0 0 0 rg BT 275.79 568.50 Td (through ) Tj ET Q q 0 0 0 rg BT 304.38 568.50 Td (profit ) Tj ET Q q 0 0 0 rg BT 323.87 568.50 Td (or ) Tj ET Q q 0 0 0 rg BT 332.96 568.50 Td (loss ) Tj ET Q q 0 0 0 rg BT 348.98 568.50 Td (\(FVTPL\).) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 551.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.46 551.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.07 551.10 Td ( ) Tj ET Q q 0 0 0 rg BT 107.10 551.10 Td (has ) Tj ET Q q 0 0 0 rg BT 121.69 551.10 Td (completed ) Tj ET Q q 0 0 0 rg BT 159.67 551.10 Td (its ) Tj ET Q q 0 0 0 rg BT 169.50 551.10 Td (review ) Tj ET Q q 0 0 0 rg BT 194.04 551.10 Td (of ) Tj ET Q q 0 0 0 rg BT 202.57 551.10 Td (its ) Tj ET Q q 0 0 0 rg BT 212.40 551.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 243.02 551.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 285.32 551.10 Td (including ) Tj ET Q q 0 0 0 rg BT 318.10 551.10 Td (performing ) Tj ET Q q 0 0 0 rg BT 357.37 551.10 Td (a ) Tj ET Q q 0 0 0 rg BT 363.74 551.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 382.23 551.10 Td (flow ) Tj ET Q q 0 0 0 rg BT 398.11 551.10 Td (and ) Tj ET Q q 0 0 0 rg BT 413.15 551.10 Td (business ) Tj ET Q q 0 0 0 rg BT 445.93 551.10 Td (model ) Tj ET Q q 0 0 0 rg BT 469.18 551.10 Td (assessment. ) Tj ET Q q 0 0 0 rg BT 514.55 551.10 Td (As ) Tj ET Q q 0 0 0 rg BT 525.68 551.10 Td (a ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 539.70 Td (result, ) Tj ET Q q 0 0 0 rg BT 95.08 539.70 Td (the ) Tj ET Q q 0 0 0 rg BT 107.76 539.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 125.37 539.70 Td ( ) Tj ET Q q 0 0 0 rg BT 127.23 539.70 Td (determined ) Tj ET Q q 0 0 0 rg BT 168.06 539.70 Td (that ) Tj ET Q q 0 0 0 rg BT 182.92 539.70 Td (cash, ) Tj ET Q q 0 0 0 rg BT 203.40 539.70 Td (restricted ) Tj ET Q q 0 0 0 rg BT 237.30 539.70 Td (cash, ) Tj ET Q q 0 0 0 rg BT 257.78 539.70 Td (accounts ) Tj ET Q q 0 0 0 rg BT 290.82 539.70 Td (receivable ) Tj ET Q q 0 0 0 rg BT 328.19 539.70 Td (and ) Tj ET Q q 0 0 0 rg BT 343.05 539.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 373.49 539.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 397.87 539.70 Td (within ) Tj ET Q q 0 0 0 rg BT 419.64 539.70 Td (other ) Tj ET Q q 0 0 0 rg BT 439.25 539.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 463.63 539.70 Td (currently ) Tj ET Q q 0 0 0 rg BT 495.36 539.70 Td (measured ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 528.30 Td (at ) Tj ET Q q 0 0 0 rg BT 80.67 528.30 Td (amortized ) Tj ET Q q 0 0 0 rg BT 117.04 528.30 Td (cost ) Tj ET Q q 0 0 0 rg BT 133.50 528.30 Td (will ) Tj ET Q q 0 0 0 rg BT 146.48 528.30 Td (continue ) Tj ET Q q 0 0 0 rg BT 178.10 528.30 Td (to ) Tj ET Q q 0 0 0 rg BT 186.77 528.30 Td (be ) Tj ET Q q 0 0 0 rg BT 197.60 528.30 Td (measured ) Tj ET Q q 0 0 0 rg BT 234.41 528.30 Td (at ) Tj ET Q q 0 0 0 rg BT 243.07 528.30 Td (amortized ) Tj ET Q q 0 0 0 rg BT 279.44 528.30 Td (cost ) Tj ET Q q 0 0 0 rg BT 295.90 528.30 Td (and ) Tj ET Q q 0 0 0 rg BT 311.07 528.30 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 350.47 528.30 Td (will ) Tj ET Q q 0 0 0 rg BT 363.45 528.30 Td (continue ) Tj ET Q q 0 0 0 rg BT 395.08 528.30 Td (to ) Tj ET Q q 0 0 0 rg BT 403.74 528.30 Td (be ) Tj ET Q q 0 0 0 rg BT 414.57 528.30 Td (measured ) Tj ET Q q 0 0 0 rg BT 451.38 528.30 Td (at ) Tj ET Q q 0 0 0 rg BT 460.05 528.30 Td (FVTPL.) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 510.90 Td (Impairment) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 493.55 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 92.00 493.55 Td (9 ) Tj ET Q q 0 0 0 rg BT 98.60 493.55 Td (requires ) Tj ET Q q 0 0 0 rg BT 129.00 493.55 Td (the ) Tj ET Q q 0 0 0 rg BT 142.10 493.55 Td (use ) Tj ET Q q 0 0 0 rg BT 156.92 493.55 Td (of ) Tj ET Q q 0 0 0 rg BT 165.68 493.55 Td (an ) Tj ET Q q 0 0 0 rg BT 176.61 493.55 Td (expected ) Tj ET Q q 0 0 0 rg BT 210.49 493.55 Td (credit ) Tj ET Q q 0 0 0 rg BT 231.81 493.55 Td (loss ) Tj ET Q q 0 0 0 rg BT 247.92 493.55 Td (\(ECL\) ) Tj ET Q q 0 0 0 rg BT 275.71 493.55 Td (impairment ) Tj ET Q q 0 0 0 rg BT 316.50 493.55 Td (model ) Tj ET Q q 0 0 0 rg BT 339.98 493.55 Td (for ) Tj ET Q q 0 0 0 rg BT 351.33 493.55 Td (financial ) Tj ET Q q 0 0 0 rg BT 382.18 493.55 Td (assets ) Tj ET Q q 0 0 0 rg BT 406.96 493.55 Td (measured ) Tj ET Q q 0 0 0 rg BT 443.87 493.55 Td (at ) Tj ET Q q 0 0 0 rg BT 452.63 493.55 Td (amortized ) Tj ET Q q 0 0 0 rg BT 489.10 493.55 Td (cost ) Tj ET Q q 0 0 0 rg BT 505.65 493.55 Td (or ) Tj ET Q q 0 0 0 rg BT 514.84 493.55 Td (debt ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 482.15 Td (instruments ) Tj ET Q q 0 0 0 rg BT 114.20 482.15 Td (measured ) Tj ET Q q 0 0 0 rg BT 150.78 482.15 Td (at ) Tj ET Q q 0 0 0 rg BT 159.22 482.15 Td (FVT) Tj ET Q q 0 0 0 rg BT 173.80 482.15 Td (OCI. ) Tj ET Q q 0 0 0 rg BT 191.63 482.15 Td (The ) Tj ET Q q 0 0 0 rg BT 206.99 482.15 Td (ECL) Tj ET Q q 0 0 0 rg BT 221.85 482.15 Td ( ) Tj ET Q q 0 0 0 rg BT 223.79 482.15 Td (model ) Tj ET Q q 0 0 0 rg BT 246.94 482.15 Td (uses ) Tj ET Q q 0 0 0 rg BT 265.34 482.15 Td (an ) Tj ET Q q 0 0 0 rg BT 275.94 482.15 Td (allowance ) Tj ET Q q 0 0 0 rg BT 312.51 482.15 Td (for ) Tj ET Q q 0 0 0 rg BT 323.54 482.15 Td (expected ) Tj ET Q q 0 0 0 rg BT 357.10 482.15 Td (credit ) Tj ET Q q 0 0 0 rg BT 378.08 482.15 Td (losses ) Tj ET Q q 0 0 0 rg BT 402.10 482.15 Td (regardless ) Tj ET Q q 0 0 0 rg BT 440.41 482.15 Td (of ) Tj ET Q q 0 0 0 rg BT 448.85 482.15 Td (whether ) Tj ET Q q 0 0 0 rg BT 478.49 482.15 Td (there ) Tj ET Q q 0 0 0 rg BT 498.19 482.15 Td (has ) Tj ET Q q 0 0 0 rg BT 512.68 482.15 Td (been ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 470.75 Td (an ) Tj ET Q q 0 0 0 rg BT 82.83 470.75 Td (actual ) Tj ET Q q 0 0 0 rg BT 105.79 470.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 121.81 470.75 Td (event. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 453.40 Td (The ) Tj ET Q q 0 0 0 rg BT 87.53 453.40 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.14 453.40 Td ( ) Tj ET Q q 0 0 0 rg BT 107.24 453.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 143.55 453.40 Td (the ) Tj ET Q q 0 0 0 rg BT 156.49 453.40 Td (loss ) Tj ET Q q 0 0 0 rg BT 172.45 453.40 Td (allowance ) Tj ET Q q 0 0 0 rg BT 209.20 453.40 Td (at ) Tj ET Q q 0 0 0 rg BT 217.80 453.40 Td (an ) Tj ET Q q 0 0 0 rg BT 228.57 453.40 Td (amount ) Tj ET Q q 0 0 0 rg BT 256.66 453.40 Td (equal ) Tj ET Q q 0 0 0 rg BT 277.83 453.40 Td (to ) Tj ET Q q 0 0 0 rg BT 286.43 453.40 Td (lifetime ) Tj ET Q q 0 0 0 rg BT 313.22 453.40 Td (ECL) Tj ET Q q 0 0 0 rg BT 328.08 453.40 Td ( ) Tj ET Q q 0 0 0 rg BT 330.19 453.40 Td (for ) Tj ET Q q 0 0 0 rg BT 341.39 453.40 Td (trade ) Tj ET Q q 0 0 0 rg BT 361.25 453.40 Td (receivables. ) Tj ET Q q 0 0 0 rg BT 404.80 453.40 Td (The ) Tj ET Q q 0 0 0 rg BT 420.33 453.40 Td (REIT) Tj ET Q q 0 0 0 rg BT 437.93 453.40 Td ( ) Tj ET Q q 0 0 0 rg BT 440.04 453.40 Td (evaluates ) Tj ET Q q 0 0 0 rg BT 475.50 453.40 Td (each ) Tj ET Q q 0 0 0 rg BT 494.50 453.40 Td (receivable ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 442.00 Td (on ) Tj ET Q q 0 0 0 rg BT 82.83 442.00 Td (a ) Tj ET Q q 0 0 0 rg BT 89.33 442.00 Td (specific ) Tj ET Q q 0 0 0 rg BT 117.48 442.00 Td (basis ) Tj ET Q q 0 0 0 rg BT 137.84 442.00 Td (for ) Tj ET Q q 0 0 0 rg BT 149.10 442.00 Td (collectability ) Tj ET Q q 0 0 0 rg BT 193.27 442.00 Td (using ) Tj ET Q q 0 0 0 rg BT 214.06 442.00 Td (historical ) Tj ET Q q 0 0 0 rg BT 246.97 442.00 Td (experience ) Tj ET Q q 0 0 0 rg BT 287.25 442.00 Td (in ) Tj ET Q q 0 0 0 rg BT 295.48 442.00 Td (addition ) Tj ET Q q 0 0 0 rg BT 324.94 442.00 Td (to ) Tj ET Q q 0 0 0 rg BT 333.60 442.00 Td (the ) Tj ET Q q 0 0 0 rg BT 346.60 442.00 Td (ECL) Tj ET Q q 0 0 0 rg BT 361.47 442.00 Td ( ) Tj ET Q q 0 0 0 rg BT 363.64 442.00 Td (in ) Tj ET Q q 0 0 0 rg BT 371.87 442.00 Td (general. ) Tj ET Q q 0 0 0 rg BT 402.05 442.00 Td (The ) Tj ET Q q 0 0 0 rg BT 417.65 442.00 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 442.95 442.00 Td (measurement ) Tj ET Q q 0 0 0 rg BT 492.75 442.00 Td (of ) Tj ET Q q 0 0 0 rg BT 501.41 442.00 Td (financial ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 430.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 96.69 430.60 Td (as ) Tj ET Q q 0 0 0 rg BT 107.08 430.60 Td (a ) Tj ET Q q 0 0 0 rg BT 113.58 430.60 Td (result ) Tj ET Q q 0 0 0 rg BT 134.80 430.60 Td (of ) Tj ET Q q 0 0 0 rg BT 143.47 430.60 Td (the ) Tj ET Q q 0 0 0 rg BT 156.46 430.60 Td (use ) Tj ET Q q 0 0 0 rg BT 171.19 430.60 Td (of ) Tj ET Q q 0 0 0 rg BT 179.86 430.60 Td (the ) Tj ET Q q 0 0 0 rg BT 192.86 430.60 Td (ECL) Tj ET Q q 0 0 0 rg BT 207.72 430.60 Td ( ) Tj ET Q q 0 0 0 rg BT 209.89 430.60 Td (resulted ) Tj ET Q q 0 0 0 rg BT 239.77 430.60 Td (in ) Tj ET Q q 0 0 0 rg BT 248.00 430.60 Td (a ) Tj ET Q q 0 0 0 rg BT 254.50 430.60 Td (reduction ) Tj ET Q q 0 0 0 rg BT 288.72 430.60 Td (of ) Tj ET Q q 0 0 0 rg BT 297.38 430.60 Td (retained ) Tj ET Q q 0 0 0 rg BT 327.70 430.60 Td (earnings ) Tj ET Q q 0 0 0 rg BT 359.75 430.60 Td (at ) Tj ET Q q 0 0 0 rg BT 368.42 430.60 Td (January ) Tj ET Q q 0 0 0 rg BT 398.30 430.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 406.96 430.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 426.46 430.60 Td (in ) Tj ET Q q 0 0 0 rg BT 434.69 430.60 Td (the ) Tj ET Q q 0 0 0 rg BT 447.69 430.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 475.84 430.60 Td (of ) Tj ET Q q 0 0 0 rg BT 484.51 430.60 Td ($9 ) Tj ET Q q 0 0 0 rg BT 495.34 430.60 Td (thousand. ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 413.25 Td (Hedge ) Tj ET Q q 0 0 0 rg BT 97.12 413.25 Td (accounting) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 395.90 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 91.84 395.90 Td (9 ) Tj ET Q q 0 0 0 rg BT 98.26 395.90 Td (also ) Tj ET Q q 0 0 0 rg BT 114.64 395.90 Td (introduces ) Tj ET Q q 0 0 0 rg BT 152.68 395.90 Td (a ) Tj ET Q q 0 0 0 rg BT 159.11 395.90 Td (new ) Tj ET Q q 0 0 0 rg BT 175.49 395.90 Td (hedge ) Tj ET Q q 0 0 0 rg BT 199.24 395.90 Td (accounting ) Tj ET Q q 0 0 0 rg BT 239.02 395.90 Td (model ) Tj ET Q q 0 0 0 rg BT 262.33 395.90 Td (that ) Tj ET Q q 0 0 0 rg BT 277.42 395.90 Td (expands ) Tj ET Q q 0 0 0 rg BT 308.97 395.90 Td (the ) Tj ET Q q 0 0 0 rg BT 321.89 395.90 Td (scope ) Tj ET Q q 0 0 0 rg BT 344.77 395.90 Td (of ) Tj ET Q q 0 0 0 rg BT 353.37 395.90 Td (hedge ) Tj ET Q q 0 0 0 rg BT 377.12 395.90 Td (items ) Tj ET Q q 0 0 0 rg BT 397.83 395.90 Td (and ) Tj ET Q q 0 0 0 rg BT 412.92 395.90 Td (risks ) Tj ET Q q 0 0 0 rg BT 431.02 395.90 Td (eligible ) Tj ET Q q 0 0 0 rg BT 457.37 395.90 Td (for ) Tj ET Q q 0 0 0 rg BT 468.55 395.90 Td (hedge ) Tj ET Q q 0 0 0 rg BT 492.31 395.90 Td (accounting ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 384.50 Td (and ) Tj ET Q q 0 0 0 rg BT 86.33 384.50 Td (aligns ) Tj ET Q q 0 0 0 rg BT 108.02 384.50 Td (hedge ) Tj ET Q q 0 0 0 rg BT 131.02 384.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 170.04 384.50 Td (more ) Tj ET Q q 0 0 0 rg BT 189.12 384.50 Td (closely ) Tj ET Q q 0 0 0 rg BT 214.27 384.50 Td (with ) Tj ET Q q 0 0 0 rg BT 229.45 384.50 Td (risk ) Tj ET Q q 0 0 0 rg BT 242.90 384.50 Td (management. ) Tj ET Q q 0 0 0 rg BT 291.88 384.50 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 310.96 384.50 Td (9 ) Tj ET Q q 0 0 0 rg BT 316.62 384.50 Td (did ) Tj ET Q q 0 0 0 rg BT 328.35 384.50 Td (not ) Tj ET Q q 0 0 0 rg BT 340.52 384.50 Td (fundamentally ) Tj ET Q q 0 0 0 rg BT 390.36 384.50 Td (change ) Tj ET Q q 0 0 0 rg BT 417.25 384.50 Td (the ) Tj ET Q q 0 0 0 rg BT 429.42 384.50 Td (types ) Tj ET Q q 0 0 0 rg BT 449.38 384.50 Td (of ) Tj ET Q q 0 0 0 rg BT 457.21 384.50 Td (hedging ) Tj ET Q q 0 0 0 rg BT 486.27 384.50 Td (relationships ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 373.10 Td (or ) Tj ET Q q 0 0 0 rg BT 82.00 373.10 Td (the ) Tj ET Q q 0 0 0 rg BT 95.91 373.10 Td (requirement ) Tj ET Q q 0 0 0 rg BT 140.55 373.10 Td (to ) Tj ET Q q 0 0 0 rg BT 150.13 373.10 Td (measure ) Tj ET Q q 0 0 0 rg BT 183.52 373.10 Td (and ) Tj ET Q q 0 0 0 rg BT 199.59 373.10 Td (recognize ) Tj ET Q q 0 0 0 rg BT 236.44 373.10 Td (inef) Tj ET Q q 0 0 0 rg BT 248.87 373.10 Td (fectiveness, ) Tj ET Q q 0 0 0 rg BT 293.09 373.10 Td (however) Tj ET Q q 0 0 0 rg BT 322.11 373.10 Td (, ) Tj ET Q q 0 0 0 rg BT 327.35 373.10 Td (it ) Tj ET Q q 0 0 0 rg BT 334.32 373.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 366.85 373.10 Td (more ) Tj ET Q q 0 0 0 rg BT 387.67 373.10 Td (hedging ) Tj ET Q q 0 0 0 rg BT 418.47 373.10 Td (strategies ) Tj ET Q q 0 0 0 rg BT 455.33 373.10 Td (that ) Tj ET Q q 0 0 0 rg BT 471.40 373.10 Td (are ) Tj ET Q q 0 0 0 rg BT 485.74 373.10 Td (used ) Tj ET Q q 0 0 0 rg BT 505.71 373.10 Td (for ) Tj ET Q q 0 0 0 rg BT 517.88 373.10 Td (risk ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 361.70 Td (management ) Tj ET Q q 0 0 0 rg BT 119.06 361.70 Td (to ) Tj ET Q q 0 0 0 rg BT 127.15 361.70 Td (qualify ) Tj ET Q q 0 0 0 rg BT 151.26 361.70 Td (for ) Tj ET Q q 0 0 0 rg BT 161.94 361.70 Td (hedge ) Tj ET Q q 0 0 0 rg BT 185.19 361.70 Td (accounting ) Tj ET Q q 0 0 0 rg BT 224.46 361.70 Td (and ) Tj ET Q q 0 0 0 rg BT 239.05 361.70 Td (introduces ) Tj ET Q q 0 0 0 rg BT 276.58 361.70 Td (more ) Tj ET Q q 0 0 0 rg BT 295.92 361.70 Td (judgment ) Tj ET Q q 0 0 0 rg BT 329.55 361.70 Td (to ) Tj ET Q q 0 0 0 rg BT 337.64 361.70 Td (assess ) Tj ET Q q 0 0 0 rg BT 363.48 361.70 Td (the ) Tj ET Q q 0 0 0 rg BT 375.90 361.70 Td (ef) Tj ET Q q 0 0 0 rg BT 382.26 361.70 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 422.83 361.70 Td (of ) Tj ET Q q 0 0 0 rg BT 430.92 361.70 Td (a ) Tj ET Q q 0 0 0 rg BT 436.84 361.70 Td (hedging ) Tj ET Q q 0 0 0 rg BT 466.15 361.70 Td (relationship. ) Tj ET Q q 0 0 0 rg BT 509.65 361.70 Td (There ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 350.30 Td (was ) Tj ET Q q 0 0 0 rg BT 88.02 350.30 Td (no ) Tj ET Q q 0 0 0 rg BT 98.85 350.30 Td (impact ) Tj ET Q q 0 0 0 rg BT 123.96 350.30 Td (from ) Tj ET Q q 0 0 0 rg BT 141.71 350.30 Td (the ) Tj ET Q q 0 0 0 rg BT 154.71 350.30 Td (adoption ) Tj ET Q q 0 0 0 rg BT 186.77 350.30 Td (of ) Tj ET Q q 0 0 0 rg BT 195.43 350.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 215.34 350.30 Td (9 ) Tj ET Q q 0 0 0 rg BT 221.84 350.30 Td (to ) Tj ET Q q 0 0 0 rg BT 230.51 350.30 Td (hedging ) Tj ET Q q 0 0 0 rg BT 260.40 350.30 Td (relationships ) Tj ET Q q 0 0 0 rg BT 306.31 350.30 Td (as ) Tj ET Q q 0 0 0 rg BT 316.70 350.30 Td (the ) Tj ET Q q 0 0 0 rg BT 329.70 350.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 347.31 350.30 Td ( ) Tj ET Q q 0 0 0 rg BT 349.48 350.30 Td (does ) Tj ET Q q 0 0 0 rg BT 368.54 350.30 Td (not ) Tj ET Q q 0 0 0 rg BT 381.53 350.30 Td (apply ) Tj ET Q q 0 0 0 rg BT 402.33 350.30 Td (hedge ) Tj ET Q q 0 0 0 rg BT 426.15 350.30 Td (accounting. ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 332.95 Td (Financial ) Tj ET Q q 0 0 0 rg BT 105.34 332.95 Td (liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 315.60 Td (Generally) Tj ET Q q 0 0 0 rg BT 104.77 315.60 Td (, ) Tj ET Q q 0 0 0 rg BT 108.90 315.60 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 128.60 315.60 Td (9 ) Tj ET Q q 0 0 0 rg BT 134.90 315.60 Td (does ) Tj ET Q q 0 0 0 rg BT 153.75 315.60 Td (not ) Tj ET Q q 0 0 0 rg BT 166.54 315.60 Td (introduce ) Tj ET Q q 0 0 0 rg BT 200.55 315.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 231.97 315.60 Td (to ) Tj ET Q q 0 0 0 rg BT 240.43 315.60 Td (the ) Tj ET Q q 0 0 0 rg BT 253.22 315.60 Td (classification ) Tj ET Q q 0 0 0 rg BT 299.35 315.60 Td (of ) Tj ET Q q 0 0 0 rg BT 307.81 315.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 338.36 315.60 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 371.80 315.60 Td (The ) Tj ET Q q 0 0 0 rg BT 387.19 315.60 Td (REIT) Tj ET Q q 0 0 0 rg BT 404.80 315.60 Td ( ) Tj ET Q q 0 0 0 rg BT 406.76 315.60 Td (will ) Tj ET Q q 0 0 0 rg BT 419.53 315.60 Td (continue ) Tj ET Q q 0 0 0 rg BT 450.95 315.60 Td (to ) Tj ET Q q 0 0 0 rg BT 459.41 315.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 491.68 315.60 Td (its ) Tj ET Q q 0 0 0 rg BT 501.43 315.60 Td (financial ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 304.20 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 103.61 304.20 Td (at ) Tj ET Q q 0 0 0 rg BT 112.28 304.20 Td (amortized ) Tj ET Q q 0 0 0 rg BT 148.65 304.20 Td (cost.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 286.85 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 91.60 286.85 Td (9 ) Tj ET Q q 0 0 0 rg BT 97.80 286.85 Td (requires ) Tj ET Q q 0 0 0 rg BT 127.80 286.85 Td (that ) Tj ET Q q 0 0 0 rg BT 142.66 286.85 Td (when ) Tj ET Q q 0 0 0 rg BT 163.14 286.85 Td (a ) Tj ET Q q 0 0 0 rg BT 169.33 286.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 199.77 286.85 Td (liability ) Tj ET Q q 0 0 0 rg BT 225.01 286.85 Td (measured ) Tj ET Q q 0 0 0 rg BT 261.52 286.85 Td (at ) Tj ET Q q 0 0 0 rg BT 269.87 286.85 Td (amortized ) Tj ET Q q 0 0 0 rg BT 305.94 286.85 Td (cost ) Tj ET Q q 0 0 0 rg BT 322.09 286.85 Td (is ) Tj ET Q q 0 0 0 rg BT 329.58 286.85 Td (modified ) Tj ET Q q 0 0 0 rg BT 360.89 286.85 Td (or ) Tj ET Q q 0 0 0 rg BT 369.67 286.85 Td (exchanged, ) Tj ET Q q 0 0 0 rg BT 411.82 286.85 Td (and ) Tj ET Q q 0 0 0 rg BT 426.68 286.85 Td (such ) Tj ET Q q 0 0 0 rg BT 444.99 286.85 Td (modification ) Tj ET Q q 0 0 0 rg BT 488.43 286.85 Td (or ) Tj ET Q q 0 0 0 rg BT 497.21 286.85 Td (exchange ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 275.45 Td (does ) Tj ET Q q 0 0 0 rg BT 91.19 275.45 Td (not ) Tj ET Q q 0 0 0 rg BT 104.31 275.45 Td (result ) Tj ET Q q 0 0 0 rg BT 125.66 275.45 Td (in ) Tj ET Q q 0 0 0 rg BT 134.01 275.45 Td (derecognition, ) Tj ET Q q 0 0 0 rg BT 185.25 275.45 Td (the ) Tj ET Q q 0 0 0 rg BT 198.38 275.45 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 238.78 275.45 Td (to ) Tj ET Q q 0 0 0 rg BT 247.57 275.45 Td (the ) Tj ET Q q 0 0 0 rg BT 260.70 275.45 Td (amortized ) Tj ET Q q 0 0 0 rg BT 297.20 275.45 Td (cost ) Tj ET Q q 0 0 0 rg BT 313.79 275.45 Td (of ) Tj ET Q q 0 0 0 rg BT 322.58 275.45 Td (the ) Tj ET Q q 0 0 0 rg BT 335.70 275.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 366.58 275.45 Td (liability ) Tj ET Q q 0 0 0 rg BT 392.25 275.45 Td (is ) Tj ET Q q 0 0 0 rg BT 400.17 275.45 Td (recognized ) Tj ET Q q 0 0 0 rg BT 440.58 275.45 Td (in ) Tj ET Q q 0 0 0 rg BT 448.94 275.45 Td (profit ) Tj ET Q q 0 0 0 rg BT 468.55 275.45 Td (or ) Tj ET Q q 0 0 0 rg BT 477.77 275.45 Td (loss ) Tj ET Q q 0 0 0 rg BT 493.92 275.45 Td (at ) Tj ET Q q 0 0 0 rg BT 502.71 275.45 Td (the ) Tj ET Q q 0 0 0 rg BT 515.84 275.45 Td (date ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 264.05 Td (of ) Tj ET Q q 0 0 0 rg BT 80.16 264.05 Td (modification. ) Tj ET Q q 0 0 0 rg BT 125.24 264.05 Td (All ) Tj ET Q q 0 0 0 rg BT 135.56 264.05 Td (of ) Tj ET Q q 0 0 0 rg BT 143.72 264.05 Td (the ) Tj ET Q q 0 0 0 rg BT 156.21 264.05 Td (modifications ) Tj ET Q q 0 0 0 rg BT 203.35 264.05 Td (to ) Tj ET Q q 0 0 0 rg BT 211.51 264.05 Td (the ) Tj ET Q q 0 0 0 rg BT 224.00 264.05 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 248.80 264.05 Td (financial ) Tj ET Q q 0 0 0 rg BT 279.05 264.05 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 310.15 264.05 Td (have ) Tj ET Q q 0 0 0 rg BT 328.71 264.05 Td (resulted ) Tj ET Q q 0 0 0 rg BT 358.09 264.05 Td (in ) Tj ET Q q 0 0 0 rg BT 365.82 264.05 Td (derecognition ) Tj ET Q q 0 0 0 rg BT 414.26 264.05 Td (which ) Tj ET Q q 0 0 0 rg BT 435.83 264.05 Td (is ) Tj ET Q q 0 0 0 rg BT 443.12 264.05 Td (consistent ) Tj ET Q q 0 0 0 rg BT 479.87 264.05 Td (with ) Tj ET Q q 0 0 0 rg BT 495.38 264.05 Td (the ) Tj ET Q q 0 0 0 rg BT 507.88 264.05 Td (REIT's ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 252.65 Td (determination ) Tj ET Q q 0 0 0 rg BT 121.37 252.65 Td (under ) Tj ET Q q 0 0 0 rg BT 143.46 252.65 Td (IAS ) Tj ET Q q 0 0 0 rg BT 158.18 252.65 Td (39.) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.30 42.95 Td (Page 8) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (Disclosures ) Tj ET Q q 0 0 0 rg BT 114.43 695.10 Td (in ) Tj ET Q q 0 0 0 rg BT 122.66 695.10 Td (relation ) Tj ET Q q 0 0 0 rg BT 150.37 695.10 Td (to ) Tj ET Q q 0 0 0 rg BT 159.04 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 172.04 695.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 191.96 695.10 Td (application ) Tj ET Q q 0 0 0 rg BT 231.37 695.10 Td (of ) Tj ET Q q 0 0 0 rg BT 240.04 695.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 259.95 695.10 Td (9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 677.70 Td (The ) Tj ET Q q 0 0 0 rg BT 87.43 677.70 Td (table ) Tj ET Q q 0 0 0 rg BT 106.33 677.70 Td (below ) Tj ET Q q 0 0 0 rg BT 128.69 677.70 Td (identifies ) Tj ET Q q 0 0 0 rg BT 161.44 677.70 Td (the ) Tj ET Q q 0 0 0 rg BT 174.28 677.70 Td (classification ) Tj ET Q q 0 0 0 rg BT 220.46 677.70 Td (and ) Tj ET Q q 0 0 0 rg BT 235.46 677.70 Td (measurement ) Tj ET Q q 0 0 0 rg BT 285.10 677.70 Td (of ) Tj ET Q q 0 0 0 rg BT 293.60 677.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 324.19 677.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 348.72 677.70 Td (and ) Tj ET Q q 0 0 0 rg BT 363.72 677.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 394.31 677.70 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 425.76 677.70 Td (under ) Tj ET Q q 0 0 0 rg BT 447.69 677.70 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 467.44 677.70 Td (9 ) Tj ET Q q 0 0 0 rg BT 473.78 677.70 Td (on ) Tj ET Q q 0 0 0 rg BT 484.45 677.70 Td (January ) Tj ET Q q 0 0 0 rg BT 514.17 677.70 Td (1, ) Tj ET Q q 0 0 0 rg BT 522.68 677.70 Td (2018 ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 666.30 Td (compared ) Tj ET Q q 0 0 0 rg BT 108.81 666.30 Td (to ) Tj ET Q q 0 0 0 rg BT 117.47 666.30 Td (IAS ) Tj ET Q q 0 0 0 rg BT 132.20 666.30 Td (39 ) Tj ET Q q 0 0 0 rg BT 143.03 666.30 Td (on ) Tj ET Q q 0 0 0 rg BT 153.86 666.30 Td (December ) Tj ET Q q 0 0 0 rg BT 191.96 666.30 Td (31, ) Tj ET Q q 0 0 0 rg BT 204.96 666.30 Td (2017:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 655.8 m 220.5 655.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 621.8 m 220.5 621.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 655.8 m 309.5 655.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 621.8 m 309.5 621.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 655.8 m 391.5 655.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 309.5 621.8 m 391.5 621.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 655.8 m 466.5 655.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 391.5 621.8 m 466.5 621.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 655.8 m 540.5 655.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 466.5 621.8 m 540.5 621.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 391.5 621.8 m 466.5 621.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 517.8 m 220.5 517.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 517.8 m 309.5 517.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 309.5 517.8 m 391.5 517.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 391.5 517.8 m 466.5 517.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 466.5 517.8 m 540.5 517.8 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 626.33 Td (Financial instrument) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 229.35 635.83 Td (IAS 39 measurement) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 273.50 626.33 Td (category) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 363.75 645.33 Td (IFRS 9) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 337.30 635.83 Td (measurement) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 355.50 626.33 Td (category) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 400.65 635.83 Td (Carrying amount) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 415.35 626.33 Td (under IAS 39) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 474.65 635.83 Td (Carrying amount) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 488.95 626.33 Td (under IFRS 9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 612.38 Td (Cash) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 228.00 612.38 Td (Loans and receivables) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 336.45 612.38 Td (Amortized cost) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 394.00 612.38 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 443.90 612.38 Td (9,153) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 469.00 612.38 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 612.38 Td (9,153) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 599.38 Td (Restricted cash) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 228.00 599.38 Td (Loans and receivables) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 336.45 599.38 Td (Amortized cost) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 450.40 599.38 Td (594) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 599.38 Td (594) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 586.38 Td (Accounts receivable) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 228.00 586.38 Td (Loans and receivables) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 336.45 586.38 Td (Amortized cost) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 443.90 586.38 Td (6,599) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 586.38 Td (6,590) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 573.38 Td (Other assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 228.00 573.38 Td (Loans and receivables) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 336.45 573.38 Td (Amortized cost) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 443.90 573.38 Td (5,252) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 573.38 Td (5,252) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 560.38 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 224.15 560.38 Td (Other financial liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 336.45 560.38 Td (Amortized cost) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 439.55 560.38 Td (33,762) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 560.38 Td (33,762) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 547.38 Td (Debt) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 224.15 547.38 Td (Other financial liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 336.45 547.38 Td (Amortized cost) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 435.20 547.38 Td (795,591) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 547.38 Td (795,591) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 534.38 Td (Derivatives) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 282.00 534.38 Td (FVTPL) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 364.00 534.38 Td (FVTPL) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 450.40 534.38 Td (538) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 534.38 Td (538) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 521.38 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 113.40 521.38 Td ( units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 282.00 521.38 Td (FVTPL) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 364.00 521.38 Td (FVTPL) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 394.00 521.38 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 439.55 521.38 Td (43,021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 469.00 521.38 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 521.38 Td (43,021) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 506.90 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 91.91 506.90 Td (15, ) Tj ET Q q 0 0 0 rg BT 104.91 506.90 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 138.26 506.90 Td (from ) Tj ET Q q 0 0 0 rg BT 156.00 506.90 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 191.51 506.90 Td (with ) Tj ET Q q 0 0 0 rg BT 207.53 506.90 Td (Customers) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 245.19 506.90 Td ( ) Tj ET Q q 0 0 0 rg BT 247.36 506.90 Td (\("IFRS ) Tj ET Q q 0 0 0 rg BT 272.62 506.90 Td (15"\) ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 489.50 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 91.89 489.50 Td (15 ) Tj ET Q q 0 0 0 rg BT 102.69 489.50 Td (replaces ) Tj ET Q q 0 0 0 rg BT 134.28 489.50 Td (IAS ) Tj ET Q q 0 0 0 rg BT 148.98 489.50 Td (18,) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 159.82 489.50 Td ( ) Tj ET Q q 0 0 0 rg BT 161.96 489.50 Td (Revenue,) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 195.31 489.50 Td ( ) Tj ET Q q 0 0 0 rg BT 197.45 489.50 Td (and ) Tj ET Q q 0 0 0 rg BT 212.59 489.50 Td (IAS ) Tj ET Q q 0 0 0 rg BT 227.29 489.50 Td (1) Tj ET Q q 0 0 0 rg BT 231.05 489.50 Td (1, ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 239.69 489.50 Td (Construction ) Tj ET Q q 0 0 0 rg BT 285.57 489.50 Td (contracts,) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 319.35 489.50 Td ( ) Tj ET Q q 0 0 0 rg BT 321.50 489.50 Td (and ) Tj ET Q q 0 0 0 rg BT 336.64 489.50 Td (is ) Tj ET Q q 0 0 0 rg BT 344.41 489.50 Td (ef) Tj ET Q q 0 0 0 rg BT 350.77 489.50 Td (fective ) Tj ET Q q 0 0 0 rg BT 375.43 489.50 Td (January ) Tj ET Q q 0 0 0 rg BT 405.29 489.50 Td (1, ) Tj ET Q q 0 0 0 rg BT 413.94 489.50 Td (2018. ) Tj ET Q q 0 0 0 rg BT 435.44 489.50 Td (The ) Tj ET Q q 0 0 0 rg BT 451.01 489.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 468.62 489.50 Td ( ) Tj ET Q q 0 0 0 rg BT 470.76 489.50 Td (has ) Tj ET Q q 0 0 0 rg BT 485.47 489.50 Td (elected ) Tj ET Q q 0 0 0 rg BT 512.73 489.50 Td (to ) Tj ET Q q 0 0 0 rg BT 521.38 489.50 Td (apply ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 85.00 478.10 Td (standard ) Tj ET Q q 0 0 0 rg BT 117.48 478.10 Td (on ) Tj ET Q q 0 0 0 rg BT 128.31 478.10 Td (a ) Tj ET Q q 0 0 0 rg BT 134.81 478.10 Td (modified ) Tj ET Q q 0 0 0 rg BT 166.43 478.10 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 213.20 478.10 Td (basis. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 235.72 478.10 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 460.70 Td (The ) Tj ET Q q 0 0 0 rg BT 87.50 460.70 Td (adoption ) Tj ET Q q 0 0 0 rg BT 119.47 460.70 Td (of ) Tj ET Q q 0 0 0 rg BT 128.05 460.70 Td (the ) Tj ET Q q 0 0 0 rg BT 140.95 460.70 Td (new ) Tj ET Q q 0 0 0 rg BT 157.32 460.70 Td (standard ) Tj ET Q q 0 0 0 rg BT 189.71 460.70 Td (did ) Tj ET Q q 0 0 0 rg BT 202.19 460.70 Td (not ) Tj ET Q q 0 0 0 rg BT 215.09 460.70 Td (have ) Tj ET Q q 0 0 0 rg BT 234.06 460.70 Td (a ) Tj ET Q q 0 0 0 rg BT 240.47 460.70 Td (material ) Tj ET Q q 0 0 0 rg BT 270.26 460.70 Td (impact ) Tj ET Q q 0 0 0 rg BT 295.28 460.70 Td (to ) Tj ET Q q 0 0 0 rg BT 303.86 460.70 Td (the ) Tj ET Q q 0 0 0 rg BT 316.77 460.70 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 341.98 460.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 387.80 460.70 Td (statements ) Tj ET Q q 0 0 0 rg BT 427.99 460.70 Td (of ) Tj ET Q q 0 0 0 rg BT 436.57 460.70 Td (income. ) Tj ET Q q 0 0 0 rg BT 465.79 460.70 Td (The ) Tj ET Q q 0 0 0 rg BT 481.29 460.70 Td (recovery ) Tj ET Q q 0 0 0 rg BT 513.25 460.70 Td (of ) Tj ET Q q 0 0 0 rg BT 521.82 460.70 Td (costs ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 449.30 Td (related ) Tj ET Q q 0 0 0 rg BT 97.95 449.30 Td (to ) Tj ET Q q 0 0 0 rg BT 106.57 449.30 Td (common ) Tj ET Q q 0 0 0 rg BT 138.57 449.30 Td (area ) Tj ET Q q 0 0 0 rg BT 156.29 449.30 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 203.02 449.30 Td (services ) Tj ET Q q 0 0 0 rg BT 233.72 449.30 Td (is ) Tj ET Q q 0 0 0 rg BT 241.47 449.30 Td (considered ) Tj ET Q q 0 0 0 rg BT 281.71 449.30 Td (within ) Tj ET Q q 0 0 0 rg BT 303.75 449.30 Td (the ) Tj ET Q q 0 0 0 rg BT 316.71 449.30 Td (scope ) Tj ET Q q 0 0 0 rg BT 339.63 449.30 Td (of ) Tj ET Q q 0 0 0 rg BT 348.25 449.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 368.12 449.30 Td (15 ) Tj ET Q q 0 0 0 rg BT 378.91 449.30 Td (and ) Tj ET Q q 0 0 0 rg BT 394.03 449.30 Td (the ) Tj ET Q q 0 0 0 rg BT 406.99 449.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 424.60 449.30 Td ( ) Tj ET Q q 0 0 0 rg BT 426.72 449.30 Td (has ) Tj ET Q q 0 0 0 rg BT 441.41 449.30 Td (concluded ) Tj ET Q q 0 0 0 rg BT 479.05 449.30 Td (that ) Tj ET Q q 0 0 0 rg BT 494.18 449.30 Td (the ) Tj ET Q q 0 0 0 rg BT 507.13 449.30 Td (pattern ) Tj ET Q q 0 0 0 rg BT 533.52 449.30 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 437.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 102.52 437.90 Td (recognition ) Tj ET Q q 0 0 0 rg BT 143.01 437.90 Td (remains ) Tj ET Q q 0 0 0 rg BT 173.09 437.90 Td (unchanged. ) Tj ET Q q 0 0 0 rg BT 215.71 437.90 Td (As ) Tj ET Q q 0 0 0 rg BT 227.18 437.90 Td (a ) Tj ET Q q 0 0 0 rg BT 233.88 437.90 Td (result ) Tj ET Q q 0 0 0 rg BT 255.31 437.90 Td (of ) Tj ET Q q 0 0 0 rg BT 264.18 437.90 Td (the ) Tj ET Q q 0 0 0 rg BT 277.38 437.90 Td (adoption ) Tj ET Q q 0 0 0 rg BT 309.64 437.90 Td (of ) Tj ET Q q 0 0 0 rg BT 318.51 437.90 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 338.63 437.90 Td (15, ) Tj ET Q q 0 0 0 rg BT 351.83 437.90 Td (the ) Tj ET Q q 0 0 0 rg BT 365.03 437.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 382.64 437.90 Td ( ) Tj ET Q q 0 0 0 rg BT 385.02 437.90 Td (discloses ) Tj ET Q q 0 0 0 rg BT 419.43 437.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 449.96 437.90 Td (recognized ) Tj ET Q q 0 0 0 rg BT 490.44 437.90 Td (from ) Tj ET Q q 0 0 0 rg BT 508.39 437.90 Td (contracts ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 426.50 Td (with ) Tj ET Q q 0 0 0 rg BT 87.60 426.50 Td (customers ) Tj ET Q q 0 0 0 rg BT 125.29 426.50 Td (related ) Tj ET Q q 0 0 0 rg BT 150.86 426.50 Td (to ) Tj ET Q q 0 0 0 rg BT 159.11 426.50 Td (common ) Tj ET Q q 0 0 0 rg BT 190.74 426.50 Td (area ) Tj ET Q q 0 0 0 rg BT 208.08 426.50 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 254.44 426.50 Td (recoveries ) Tj ET Q q 0 0 0 rg BT 292.13 426.50 Td (separately ) Tj ET Q q 0 0 0 rg BT 329.82 426.50 Td (from ) Tj ET Q q 0 0 0 rg BT 347.16 426.50 Td (other ) Tj ET Q q 0 0 0 rg BT 366.67 426.50 Td (sources ) Tj ET Q q 0 0 0 rg BT 395.70 426.50 Td (of ) Tj ET Q q 0 0 0 rg BT 403.95 426.50 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 436.02 426.50 Td (including ) Tj ET Q q 0 0 0 rg BT 468.52 426.50 Td (those ) Tj ET Q q 0 0 0 rg BT 489.33 426.50 Td (included ) Tj ET Q q 0 0 0 rg BT 520.10 426.50 Td (within ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 415.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 92.76 415.10 Td (leases.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 117.45 415.10 Td ( ) Tj ET Q q 0 0 0 rg BT 119.16 415.10 Td (Refer ) Tj ET Q q 0 0 0 rg BT 139.92 415.10 Td (to ) Tj ET Q q 0 0 0 rg BT 148.13 415.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 166.29 415.10 Td (17 ) Tj ET Q q 0 0 0 rg BT 176.67 415.10 Td (for ) Tj ET Q q 0 0 0 rg BT 187.47 415.10 Td (the ) Tj ET Q q 0 0 0 rg BT 200.01 415.10 Td (incremental ) Tj ET Q q 0 0 0 rg BT 241.99 415.10 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 282.67 415.10 Td (required ) Tj ET Q q 0 0 0 rg BT 312.96 415.10 Td (by ) Tj ET Q q 0 0 0 rg BT 322.90 415.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 342.35 415.10 Td (15. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 354.79 415.10 Td (There ) Tj ET Q q 0 0 0 rg BT 376.85 415.10 Td (was ) Tj ET Q q 0 0 0 rg BT 392.41 415.10 Td (no ) Tj ET Q q 0 0 0 rg BT 402.79 415.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 442.61 415.10 Td (to ) Tj ET Q q 0 0 0 rg BT 450.82 415.10 Td (opening ) Tj ET Q q 0 0 0 rg BT 480.26 415.10 Td (retained ) Tj ET Q q 0 0 0 rg BT 510.12 415.10 Td (earnings ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 403.70 Td (on ) Tj ET Q q 0 0 0 rg BT 82.83 403.70 Td (the ) Tj ET Q q 0 0 0 rg BT 95.83 403.70 Td (adoption ) Tj ET Q q 0 0 0 rg BT 127.89 403.70 Td (of ) Tj ET Q q 0 0 0 rg BT 136.55 403.70 Td (this ) Tj ET Q q 0 0 0 rg BT 150.85 403.70 Td (standard. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 185.50 403.70 Td ( ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 384.30 Td (iii. ) Tj ET Q q 0 0 0 rg BT 81.52 384.30 Td ( ) Tj ET Q q 0 0 0 rg BT 83.69 384.30 Td ( ) Tj ET Q q 0 0 0 rg BT 85.86 384.30 Td (Supplementary ) Tj ET Q q 0 0 0 rg BT 140.42 384.30 Td (accounting ) Tj ET Q q 0 0 0 rg BT 180.27 384.30 Td (policy ) Tj ET Q q 0 0 0 rg BT 202.36 384.30 Td (disclosure) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 366.90 Td (In ) Tj ET Q q 0 0 0 rg BT 80.65 366.90 Td (2018, ) Tj ET Q q 0 0 0 rg BT 102.29 366.90 Td (the ) Tj ET Q q 0 0 0 rg BT 115.27 366.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 132.88 366.90 Td ( ) Tj ET Q q 0 0 0 rg BT 135.03 366.90 Td (applied ) Tj ET Q q 0 0 0 rg BT 162.30 366.90 Td (accounting ) Tj ET Q q 0 0 0 rg BT 202.14 366.90 Td (policies ) Tj ET Q q 0 0 0 rg BT 230.27 366.90 Td (for ) Tj ET Q q 0 0 0 rg BT 241.51 366.90 Td (certain ) Tj ET Q q 0 0 0 rg BT 267.04 366.90 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 313.36 366.90 Td (events ) Tj ET Q q 0 0 0 rg BT 338.47 366.90 Td (and ) Tj ET Q q 0 0 0 rg BT 353.61 366.90 Td (conditions ) Tj ET Q q 0 0 0 rg BT 390.85 366.90 Td (that ) Tj ET Q q 0 0 0 rg BT 405.99 366.90 Td (dif) Tj ET Q q 0 0 0 rg BT 414.09 366.90 Td (fer ) Tj ET Q q 0 0 0 rg BT 425.33 366.90 Td (in ) Tj ET Q q 0 0 0 rg BT 433.54 366.90 Td (substance ) Tj ET Q q 0 0 0 rg BT 471.21 366.90 Td (or ) Tj ET Q q 0 0 0 rg BT 480.28 366.90 Td (that ) Tj ET Q q 0 0 0 rg BT 495.43 366.90 Td (did ) Tj ET Q q 0 0 0 rg BT 507.97 366.90 Td (not ) Tj ET Q q 0 0 0 rg BT 520.95 366.90 Td (occur ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 355.50 Td (in ) Tj ET Q q 0 0 0 rg BT 80.23 355.50 Td (periods ) Tj ET Q q 0 0 0 rg BT 107.95 355.50 Td (prior ) Tj ET Q q 0 0 0 rg BT 125.69 355.50 Td (to ) Tj ET Q q 0 0 0 rg BT 134.36 355.50 Td (2018. ) Tj ET Q q 0 0 0 rg BT 155.89 355.50 Td (The ) Tj ET Q q 0 0 0 rg BT 171.48 355.50 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 196.78 355.50 Td (significant ) Tj ET Q q 0 0 0 rg BT 233.59 355.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 273.44 355.50 Td (policies ) Tj ET Q q 0 0 0 rg BT 301.59 355.50 Td (related ) Tj ET Q q 0 0 0 rg BT 327.58 355.50 Td (thereto ) Tj ET Q q 0 0 0 rg BT 354.00 355.50 Td (are ) Tj ET Q q 0 0 0 rg BT 367.43 355.50 Td (described ) Tj ET Q q 0 0 0 rg BT 403.37 355.50 Td (below:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 425.89 355.50 Td ( ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 338.10 Td (T) Tj ET Q q 0 0 0 rg BT 75.71 338.10 Td (axation ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 320.70 Td (Current ) Tj ET Q q 0 0 0 rg BT 99.94 320.70 Td (income ) Tj ET Q q 0 0 0 rg BT 127.03 320.70 Td (tax ) Tj ET Q q 0 0 0 rg BT 139.39 320.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 163.88 320.70 Td (and ) Tj ET Q q 0 0 0 rg BT 178.85 320.70 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 210.26 320.70 Td (are ) Tj ET Q q 0 0 0 rg BT 223.49 320.70 Td (measured ) Tj ET Q q 0 0 0 rg BT 260.10 320.70 Td (at ) Tj ET Q q 0 0 0 rg BT 268.57 320.70 Td (the ) Tj ET Q q 0 0 0 rg BT 281.37 320.70 Td (amount ) Tj ET Q q 0 0 0 rg BT 309.33 320.70 Td (expected ) Tj ET Q q 0 0 0 rg BT 342.92 320.70 Td (to ) Tj ET Q q 0 0 0 rg BT 351.39 320.70 Td (be ) Tj ET Q q 0 0 0 rg BT 362.02 320.70 Td (received ) Tj ET Q q 0 0 0 rg BT 393.44 320.70 Td (from ) Tj ET Q q 0 0 0 rg BT 410.99 320.70 Td (or ) Tj ET Q q 0 0 0 rg BT 419.89 320.70 Td (paid ) Tj ET Q q 0 0 0 rg BT 436.59 320.70 Td (to ) Tj ET Q q 0 0 0 rg BT 445.05 320.70 Td (tax ) Tj ET Q q 0 0 0 rg BT 457.42 320.70 Td (authorities ) Tj ET Q q 0 0 0 rg BT 495.34 320.70 Td (based ) Tj ET Q q 0 0 0 rg BT 518.53 320.70 Td (on ) Tj ET Q q 0 0 0 rg BT 529.17 320.70 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 309.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 84.31 309.30 Td (rates ) Tj ET Q q 0 0 0 rg BT 103.55 309.30 Td (and ) Tj ET Q q 0 0 0 rg BT 118.47 309.30 Td (laws ) Tj ET Q q 0 0 0 rg BT 135.97 309.30 Td (enacted ) Tj ET Q q 0 0 0 rg BT 165.61 309.30 Td (or ) Tj ET Q q 0 0 0 rg BT 174.46 309.30 Td (substantively ) Tj ET Q q 0 0 0 rg BT 221.42 309.30 Td (enacted ) Tj ET Q q 0 0 0 rg BT 251.06 309.30 Td (at ) Tj ET Q q 0 0 0 rg BT 259.48 309.30 Td (the ) Tj ET Q q 0 0 0 rg BT 272.23 309.30 Td (date ) Tj ET Q q 0 0 0 rg BT 289.31 309.30 Td (of ) Tj ET Q q 0 0 0 rg BT 297.72 309.30 Td (the ) Tj ET Q q 0 0 0 rg BT 310.47 309.30 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 356.14 309.30 Td (statements ) Tj ET Q q 0 0 0 rg BT 396.17 309.30 Td (of ) Tj ET Q q 0 0 0 rg BT 404.59 309.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 435.09 309.30 Td (position. ) Tj ET Q q 0 0 0 rg BT 466.03 309.30 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 498.25 309.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 510.56 309.30 Td (liabilities ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 297.90 Td (are ) Tj ET Q q 0 0 0 rg BT 85.72 297.90 Td (measured ) Tj ET Q q 0 0 0 rg BT 122.82 297.90 Td (by ) Tj ET Q q 0 0 0 rg BT 133.51 297.90 Td (applying ) Tj ET Q q 0 0 0 rg BT 164.99 297.90 Td (the ) Tj ET Q q 0 0 0 rg BT 178.28 297.90 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 220.15 297.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 233.01 297.90 Td (rate ) Tj ET Q q 0 0 0 rg BT 248.90 297.90 Td (to ) Tj ET Q q 0 0 0 rg BT 257.86 297.90 Td (temporary ) Tj ET Q q 0 0 0 rg BT 295.39 297.90 Td (dif) Tj ET Q q 0 0 0 rg BT 303.48 297.90 Td (ferences ) Tj ET Q q 0 0 0 rg BT 335.82 297.90 Td (between ) Tj ET Q q 0 0 0 rg BT 367.73 297.90 Td (the ) Tj ET Q q 0 0 0 rg BT 381.03 297.90 Td (carrying ) Tj ET Q q 0 0 0 rg BT 411.19 297.90 Td (amounts ) Tj ET Q q 0 0 0 rg BT 443.54 297.90 Td (of ) Tj ET Q q 0 0 0 rg BT 452.50 297.90 Td (assets ) Tj ET Q q 0 0 0 rg BT 477.48 297.90 Td (and ) Tj ET Q q 0 0 0 rg BT 492.94 297.90 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 527.01 297.90 Td (and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 286.50 Td (their ) Tj ET Q q 0 0 0 rg BT 89.34 286.50 Td (respective ) Tj ET Q q 0 0 0 rg BT 127.03 286.50 Td (tax ) Tj ET Q q 0 0 0 rg BT 139.60 286.50 Td (basis. ) Tj ET Q q 0 0 0 rg BT 162.00 286.50 Td (The ) Tj ET Q q 0 0 0 rg BT 177.61 286.50 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 219.20 286.50 Td (tax ) Tj ET Q q 0 0 0 rg BT 231.78 286.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 247.38 286.50 Td (is ) Tj ET Q q 0 0 0 rg BT 255.19 286.50 Td (determined ) Tj ET Q q 0 0 0 rg BT 296.35 286.50 Td (by ) Tj ET Q q 0 0 0 rg BT 306.76 286.50 Td (reference ) Tj ET Q q 0 0 0 rg BT 341.85 286.50 Td (to ) Tj ET Q q 0 0 0 rg BT 350.53 286.50 Td (the ) Tj ET Q q 0 0 0 rg BT 363.55 286.50 Td (rates ) Tj ET Q q 0 0 0 rg BT 383.05 286.50 Td (that ) Tj ET Q q 0 0 0 rg BT 398.23 286.50 Td (are ) Tj ET Q q 0 0 0 rg BT 411.67 286.50 Td (expected ) Tj ET Q q 0 0 0 rg BT 445.47 286.50 Td (to ) Tj ET Q q 0 0 0 rg BT 454.15 286.50 Td (apply ) Tj ET Q q 0 0 0 rg BT 474.96 286.50 Td (to ) Tj ET Q q 0 0 0 rg BT 483.64 286.50 Td (the ) Tj ET Q q 0 0 0 rg BT 496.65 286.50 Td (year ) Tj ET Q q 0 0 0 rg BT 513.98 286.50 Td (and ) Tj ET Q q 0 0 0 rg BT 529.16 286.50 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 275.10 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 111.50 275.10 Td (in ) Tj ET Q q 0 0 0 rg BT 120.26 275.10 Td (which ) Tj ET Q q 0 0 0 rg BT 142.86 275.10 Td (the ) Tj ET Q q 0 0 0 rg BT 156.39 275.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 181.61 275.10 Td (are ) Tj ET Q q 0 0 0 rg BT 195.56 275.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 229.88 275.10 Td (to ) Tj ET Q q 0 0 0 rg BT 239.07 275.10 Td (be ) Tj ET Q q 0 0 0 rg BT 250.43 275.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 280.40 275.10 Td (or ) Tj ET Q q 0 0 0 rg BT 290.02 275.10 Td (the ) Tj ET Q q 0 0 0 rg BT 303.55 275.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 335.69 275.10 Td (settled. ) Tj ET Q q 0 0 0 rg BT 363.50 275.10 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 396.50 275.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 409.59 275.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 434.81 275.10 Td (are ) Tj ET Q q 0 0 0 rg BT 448.76 275.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 482.20 275.10 Td (for ) Tj ET Q q 0 0 0 rg BT 493.99 275.10 Td (all ) Tj ET Q q 0 0 0 rg BT 504.48 275.10 Td (deductible ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 263.70 Td (temporary ) Tj ET Q q 0 0 0 rg BT 109.01 263.70 Td (dif) Tj ET Q q 0 0 0 rg BT 117.10 263.70 Td (ferences, ) Tj ET Q q 0 0 0 rg BT 151.09 263.70 Td (carry ) Tj ET Q q 0 0 0 rg BT 170.34 263.70 Td (forward ) Tj ET Q q 0 0 0 rg BT 198.25 263.70 Td (of ) Tj ET Q q 0 0 0 rg BT 206.69 263.70 Td (unused ) Tj ET Q q 0 0 0 rg BT 234.18 263.70 Td (tax ) Tj ET Q q 0 0 0 rg BT 246.52 263.70 Td (credits ) Tj ET Q q 0 0 0 rg BT 271.40 263.70 Td (and ) Tj ET Q q 0 0 0 rg BT 286.34 263.70 Td (unused ) Tj ET Q q 0 0 0 rg BT 313.84 263.70 Td (tax ) Tj ET Q q 0 0 0 rg BT 326.17 263.70 Td (losses, ) Tj ET Q q 0 0 0 rg BT 352.36 263.70 Td (to ) Tj ET Q q 0 0 0 rg BT 360.80 263.70 Td (the ) Tj ET Q q 0 0 0 rg BT 373.57 263.70 Td (extent ) Tj ET Q q 0 0 0 rg BT 396.73 263.70 Td (that ) Tj ET Q q 0 0 0 rg BT 411.67 263.70 Td (it ) Tj ET Q q 0 0 0 rg BT 417.50 263.70 Td (is ) Tj ET Q q 0 0 0 rg BT 425.07 263.70 Td (probable ) Tj ET Q q 0 0 0 rg BT 457.32 263.70 Td (that ) Tj ET Q q 0 0 0 rg BT 472.26 263.70 Td (taxable ) Tj ET Q q 0 0 0 rg BT 499.32 263.70 Td (profit ) Tj ET Q q 0 0 0 rg BT 518.58 263.70 Td (will ) Tj ET Q q 0 0 0 rg BT 531.33 263.70 Td (be ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 252.30 Td (available ) Tj ET Q q 0 0 0 rg BT 103.98 252.30 Td (against ) Tj ET Q q 0 0 0 rg BT 130.33 252.30 Td (which ) Tj ET Q q 0 0 0 rg BT 151.48 252.30 Td (the ) Tj ET Q q 0 0 0 rg BT 163.54 252.30 Td (deductible ) Tj ET Q q 0 0 0 rg BT 200.28 252.30 Td (temporary ) Tj ET Q q 0 0 0 rg BT 236.58 252.30 Td (dif) Tj ET Q q 0 0 0 rg BT 244.68 252.30 Td (ferences, ) Tj ET Q q 0 0 0 rg BT 277.96 252.30 Td (unused ) Tj ET Q q 0 0 0 rg BT 304.74 252.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 316.37 252.30 Td (credits ) Tj ET Q q 0 0 0 rg BT 340.54 252.30 Td (and ) Tj ET Q q 0 0 0 rg BT 354.77 252.30 Td (unused ) Tj ET Q q 0 0 0 rg BT 381.56 252.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 393.18 252.30 Td (losses ) Tj ET Q q 0 0 0 rg BT 416.50 252.30 Td (can ) Tj ET Q q 0 0 0 rg BT 430.29 252.30 Td (be ) Tj ET Q q 0 0 0 rg BT 440.18 252.30 Td (utilized. ) Tj ET Q q 0 0 0 rg BT 467.83 252.30 Td (For ) Tj ET Q q 0 0 0 rg BT 480.74 252.30 Td (the ) Tj ET Q q 0 0 0 rg BT 492.80 252.30 Td (determination ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 240.90 Td (of ) Tj ET Q q 0 0 0 rg BT 80.79 240.90 Td (deferred ) Tj ET Q q 0 0 0 rg BT 112.11 240.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 124.80 240.90 Td (assets ) Tj ET Q q 0 0 0 rg BT 149.61 240.90 Td (and ) Tj ET Q q 0 0 0 rg BT 164.91 240.90 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 196.64 240.90 Td (for ) Tj ET Q q 0 0 0 rg BT 208.03 240.90 Td (property ) Tj ET Q q 0 0 0 rg BT 238.91 240.90 Td (measured ) Tj ET Q q 0 0 0 rg BT 275.84 240.90 Td (using ) Tj ET Q q 0 0 0 rg BT 296.76 240.90 Td (the ) Tj ET Q q 0 0 0 rg BT 309.89 240.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 323.01 240.90 Td (value ) Tj ET Q q 0 0 0 rg BT 343.93 240.90 Td (model, ) Tj ET Q q 0 0 0 rg BT 369.61 240.90 Td (the ) Tj ET Q q 0 0 0 rg BT 382.74 240.90 Td (presumption ) Tj ET Q q 0 0 0 rg BT 427.90 240.90 Td (is ) Tj ET Q q 0 0 0 rg BT 435.83 240.90 Td (that ) Tj ET Q q 0 0 0 rg BT 451.12 240.90 Td (the ) Tj ET Q q 0 0 0 rg BT 464.25 240.90 Td (carrying ) Tj ET Q q 0 0 0 rg BT 494.25 240.90 Td (amount ) Tj ET Q q 0 0 0 rg BT 522.53 240.90 Td (of ) Tj ET Q q 0 0 0 rg BT 531.33 240.90 Td (an ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 229.50 Td (investment ) Tj ET Q q 0 0 0 rg BT 113.06 229.50 Td (property ) Tj ET Q q 0 0 0 rg BT 145.02 229.50 Td (is ) Tj ET Q q 0 0 0 rg BT 154.03 229.50 Td (recovered ) Tj ET Q q 0 0 0 rg BT 192.06 229.50 Td (through ) Tj ET Q q 0 0 0 rg BT 221.87 229.50 Td (sale, ) Tj ET Q q 0 0 0 rg BT 241.71 229.50 Td (as ) Tj ET Q q 0 0 0 rg BT 253.32 229.50 Td (opposed ) Tj ET Q q 0 0 0 rg BT 286.60 229.50 Td (to ) Tj ET Q q 0 0 0 rg BT 296.48 229.50 Td (presuming ) Tj ET Q q 0 0 0 rg BT 336.24 229.50 Td (that ) Tj ET Q q 0 0 0 rg BT 352.62 229.50 Td (the ) Tj ET Q q 0 0 0 rg BT 366.83 229.50 Td (economic ) Tj ET Q q 0 0 0 rg BT 403.56 229.50 Td (benefits ) Tj ET Q q 0 0 0 rg BT 434.23 229.50 Td (of ) Tj ET Q q 0 0 0 rg BT 444.12 229.50 Td (investment ) Tj ET Q q 0 0 0 rg BT 485.18 229.50 Td (property ) Tj ET Q q 0 0 0 rg BT 517.14 229.50 Td (will ) Tj ET Q q 0 0 0 rg BT 531.34 229.50 Td (be ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 218.10 Td (substantially ) Tj ET Q q 0 0 0 rg BT 116.17 218.10 Td (consumed ) Tj ET Q q 0 0 0 rg BT 153.40 218.10 Td (through ) Tj ET Q q 0 0 0 rg BT 181.12 218.10 Td (use ) Tj ET Q q 0 0 0 rg BT 194.97 218.10 Td (over ) Tj ET Q q 0 0 0 rg BT 211.42 218.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 229.60 218.10 Td (Current ) Tj ET Q q 0 0 0 rg BT 256.86 218.10 Td (and ) Tj ET Q q 0 0 0 rg BT 271.15 218.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 301.46 218.10 Td (income ) Tj ET Q q 0 0 0 rg BT 327.86 218.10 Td (taxes ) Tj ET Q q 0 0 0 rg BT 347.78 218.10 Td (are ) Tj ET Q q 0 0 0 rg BT 360.33 218.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 399.73 218.10 Td (in ) Tj ET Q q 0 0 0 rg BT 407.08 218.10 Td (correlation ) Tj ET Q q 0 0 0 rg BT 444.75 218.10 Td (to ) Tj ET Q q 0 0 0 rg BT 452.54 218.10 Td (the ) Tj ET Q q 0 0 0 rg BT 464.66 218.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 501.90 218.10 Td (transaction ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 206.70 Td (either ) Tj ET Q q 0 0 0 rg BT 93.65 206.70 Td (in ) Tj ET Q q 0 0 0 rg BT 101.88 206.70 Td (OCI ) Tj ET Q q 0 0 0 rg BT 117.90 206.70 Td (or ) Tj ET Q q 0 0 0 rg BT 126.99 206.70 Td (directly ) Tj ET Q q 0 0 0 rg BT 153.84 206.70 Td (in ) Tj ET Q q 0 0 0 rg BT 162.07 206.70 Td (equity) Tj ET Q q 0 0 0 rg BT 182.29 206.70 Td (.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 184.46 206.70 Td ( ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 189.30 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 100.58 189.30 Td (exchange) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 171.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.82 171.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.43 171.90 Td ( ) Tj ET Q q 0 0 0 rg BT 107.83 171.90 Td (accounts ) Tj ET Q q 0 0 0 rg BT 141.41 171.90 Td (for ) Tj ET Q q 0 0 0 rg BT 152.90 171.90 Td (its ) Tj ET Q q 0 0 0 rg BT 163.09 171.90 Td (investment ) Tj ET Q q 0 0 0 rg BT 203.16 171.90 Td (in ) Tj ET Q q 0 0 0 rg BT 211.62 171.90 Td (its ) Tj ET Q q 0 0 0 rg BT 221.81 171.90 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 239.36 171.90 Td (wholly ) Tj ET Q q 0 0 0 rg BT 263.40 171.90 Td (owned ) Tj ET Q q 0 0 0 rg BT 288.75 171.90 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 332.29 171.90 Td (as ) Tj ET Q q 0 0 0 rg BT 342.91 171.90 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 360.46 171.90 Td (dollar ) Tj ET Q q 0 0 0 rg BT 381.91 171.90 Td (functional ) Tj ET Q q 0 0 0 rg BT 417.66 171.90 Td (currency ) Tj ET Q q 0 0 0 rg BT 449.93 171.90 Td (foreign ) Tj ET Q q 0 0 0 rg BT 476.15 171.90 Td (operations. ) Tj ET Q q 0 0 0 rg BT 516.62 171.90 Td (Assets ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 160.50 Td (and ) Tj ET Q q 0 0 0 rg BT 87.27 160.50 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 118.98 160.50 Td (of ) Tj ET Q q 0 0 0 rg BT 127.75 160.50 Td (foreign ) Tj ET Q q 0 0 0 rg BT 153.84 160.50 Td (operations ) Tj ET Q q 0 0 0 rg BT 192.49 160.50 Td (are ) Tj ET Q q 0 0 0 rg BT 206.02 160.50 Td (translated ) Tj ET Q q 0 0 0 rg BT 242.51 160.50 Td (into ) Tj ET Q q 0 0 0 rg BT 257.34 160.50 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 292.96 160.50 Td (dollars ) Tj ET Q q 0 0 0 rg BT 318.17 160.50 Td (at ) Tj ET Q q 0 0 0 rg BT 326.94 160.50 Td (the ) Tj ET Q q 0 0 0 rg BT 340.04 160.50 Td (exchange ) Tj ET Q q 0 0 0 rg BT 376.10 160.50 Td (rates ) Tj ET Q q 0 0 0 rg BT 395.69 160.50 Td (in ) Tj ET Q q 0 0 0 rg BT 404.03 160.50 Td (ef) Tj ET Q q 0 0 0 rg BT 410.39 160.50 Td (fect ) Tj ET Q q 0 0 0 rg BT 425.22 160.50 Td (at ) Tj ET Q q 0 0 0 rg BT 433.99 160.50 Td (the ) Tj ET Q q 0 0 0 rg BT 447.09 160.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 493.11 160.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 533.49 160.50 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 149.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 103.13 149.10 Td (position ) Tj ET Q q 0 0 0 rg BT 132.54 149.10 Td (dates ) Tj ET Q q 0 0 0 rg BT 154.15 149.10 Td (and ) Tj ET Q q 0 0 0 rg BT 169.70 149.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 200.40 149.10 Td (and ) Tj ET Q q 0 0 0 rg BT 215.95 149.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 251.85 149.10 Td (are ) Tj ET Q q 0 0 0 rg BT 265.66 149.10 Td (translated ) Tj ET Q q 0 0 0 rg BT 302.43 149.10 Td (at ) Tj ET Q q 0 0 0 rg BT 311.47 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 324.86 149.10 Td (average ) Tj ET Q q 0 0 0 rg BT 355.56 149.10 Td (exchange ) Tj ET Q q 0 0 0 rg BT 391.90 149.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 411.77 149.10 Td (for ) Tj ET Q q 0 0 0 rg BT 423.41 149.10 Td (the ) Tj ET Q q 0 0 0 rg BT 436.79 149.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 470.09 149.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 500.20 149.10 Td (The ) Tj ET Q q 0 0 0 rg BT 516.17 149.10 Td (foreign ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 137.70 Td (currency ) Tj ET Q q 0 0 0 rg BT 104.03 137.70 Td (translation ) Tj ET Q q 0 0 0 rg BT 142.14 137.70 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 182.41 137.70 Td (is ) Tj ET Q q 0 0 0 rg BT 190.19 137.70 Td (recorded ) Tj ET Q q 0 0 0 rg BT 223.10 137.70 Td (as ) Tj ET Q q 0 0 0 rg BT 233.48 137.70 Td (a ) Tj ET Q q 0 0 0 rg BT 239.97 137.70 Td (separate ) Tj ET Q q 0 0 0 rg BT 272.45 137.70 Td (component ) Tj ET Q q 0 0 0 rg BT 313.16 137.70 Td (of ) Tj ET Q q 0 0 0 rg BT 321.81 137.70 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 368.15 137.70 Td (other ) Tj ET Q q 0 0 0 rg BT 388.06 137.70 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 443.05 137.70 Td (income ) Tj ET Q q 0 0 0 rg BT 470.32 137.70 Td (\(loss\) ) Tj ET Q q 0 0 0 rg BT 491.52 137.70 Td (until ) Tj ET Q q 0 0 0 rg BT 507.98 137.70 Td (there ) Tj ET Q q 0 0 0 rg BT 527.89 137.70 Td (is ) Tj ET Q q 0 0 0 rg BT 535.68 137.70 Td (a ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 126.30 Td (reduction ) Tj ET Q q 0 0 0 rg BT 106.24 126.30 Td (in ) Tj ET Q q 0 0 0 rg BT 114.50 126.30 Td (the ) Tj ET Q q 0 0 0 rg BT 127.53 126.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 146.87 126.30 Td (s ) Tj ET Q q 0 0 0 rg BT 152.96 126.30 Td (net ) Tj ET Q q 0 0 0 rg BT 165.98 126.30 Td (investment ) Tj ET Q q 0 0 0 rg BT 205.86 126.30 Td (in ) Tj ET Q q 0 0 0 rg BT 214.11 126.30 Td (the ) Tj ET Q q 0 0 0 rg BT 227.14 126.30 Td (foreign ) Tj ET Q q 0 0 0 rg BT 253.16 126.30 Td (operations. ) Tj ET Q q 0 0 0 rg BT 293.76 126.30 Td (The ) Tj ET Q q 0 0 0 rg BT 309.38 126.30 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 355.75 126.30 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 393.89 126.30 Td (gains ) Tj ET Q q 0 0 0 rg BT 414.71 126.30 Td (or ) Tj ET Q q 0 0 0 rg BT 423.83 126.30 Td (losses ) Tj ET Q q 0 0 0 rg BT 448.11 126.30 Td (arising ) Tj ET Q q 0 0 0 rg BT 473.25 126.30 Td (from ) Tj ET Q q 0 0 0 rg BT 491.03 126.30 Td (the ) Tj ET Q q 0 0 0 rg BT 504.06 126.30 Td (translation ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 114.90 Td (of ) Tj ET Q q 0 0 0 rg BT 80.42 114.90 Td (these ) Tj ET Q q 0 0 0 rg BT 101.41 114.90 Td (obligations ) Tj ET Q q 0 0 0 rg BT 140.58 114.90 Td (are ) Tj ET Q q 0 0 0 rg BT 153.77 114.90 Td (recorded ) Tj ET Q q 0 0 0 rg BT 186.44 114.90 Td (as ) Tj ET Q q 0 0 0 rg BT 196.59 114.90 Td (a ) Tj ET Q q 0 0 0 rg BT 202.85 114.90 Td (foreign ) Tj ET Q q 0 0 0 rg BT 228.60 114.90 Td (currency ) Tj ET Q q 0 0 0 rg BT 260.40 114.90 Td (translation ) Tj ET Q q 0 0 0 rg BT 298.27 114.90 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 338.31 114.90 Td (in ) Tj ET Q q 0 0 0 rg BT 346.29 114.90 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 392.39 114.90 Td (other ) Tj ET Q q 0 0 0 rg BT 412.08 114.90 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 466.83 114.90 Td (income ) Tj ET Q q 0 0 0 rg BT 493.87 114.90 Td (\(loss\). ) Tj ET Q q 0 0 0 rg BT 516.63 114.90 Td (Assets ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 103.50 Td (and ) Tj ET Q q 0 0 0 rg BT 87.63 103.50 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 119.71 103.50 Td (denominated ) Tj ET Q q 0 0 0 rg BT 167.39 103.50 Td (in ) Tj ET Q q 0 0 0 rg BT 176.09 103.50 Td (a ) Tj ET Q q 0 0 0 rg BT 183.05 103.50 Td (currency ) Tj ET Q q 0 0 0 rg BT 215.56 103.50 Td (other ) Tj ET Q q 0 0 0 rg BT 235.95 103.50 Td (than ) Tj ET Q q 0 0 0 rg BT 253.75 103.50 Td (the ) Tj ET Q q 0 0 0 rg BT 267.22 103.50 Td (functional ) Tj ET Q q 0 0 0 rg BT 303.21 103.50 Td (currency ) Tj ET Q q 0 0 0 rg BT 335.71 103.50 Td (are ) Tj ET Q q 0 0 0 rg BT 349.61 103.50 Td (translated ) Tj ET Q q 0 0 0 rg BT 386.46 103.50 Td (into ) Tj ET Q q 0 0 0 rg BT 401.65 103.50 Td (the ) Tj ET Q q 0 0 0 rg BT 415.12 103.50 Td (functional ) Tj ET Q q 0 0 0 rg BT 451.11 103.50 Td (currency ) Tj ET Q q 0 0 0 rg BT 483.61 103.50 Td (at ) Tj ET Q q 0 0 0 rg BT 492.75 103.50 Td (the ) Tj ET Q q 0 0 0 rg BT 506.21 103.50 Td (exchange ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 92.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 91.35 92.10 Td (in ) Tj ET Q q 0 0 0 rg BT 99.45 92.10 Td (ef) Tj ET Q q 0 0 0 rg BT 105.81 92.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 120.40 92.10 Td (at ) Tj ET Q q 0 0 0 rg BT 128.93 92.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.80 92.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 187.58 92.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 227.72 92.10 Td (of ) Tj ET Q q 0 0 0 rg BT 236.25 92.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 266.87 92.10 Td (position ) Tj ET Q q 0 0 0 rg BT 295.75 92.10 Td (dates ) Tj ET Q q 0 0 0 rg BT 316.84 92.10 Td (and ) Tj ET Q q 0 0 0 rg BT 331.87 92.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 362.06 92.10 Td (and ) Tj ET Q q 0 0 0 rg BT 377.08 92.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 412.47 92.10 Td (are ) Tj ET Q q 0 0 0 rg BT 425.76 92.10 Td (translated ) Tj ET Q q 0 0 0 rg BT 462.00 92.10 Td (at ) Tj ET Q q 0 0 0 rg BT 470.53 92.10 Td (the ) Tj ET Q q 0 0 0 rg BT 483.40 92.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 506.22 92.10 Td (exchange ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 80.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 87.59 80.70 Td (on ) Tj ET Q q 0 0 0 rg BT 98.42 80.70 Td (the ) Tj ET Q q 0 0 0 rg BT 111.42 80.70 Td (date ) Tj ET Q q 0 0 0 rg BT 128.75 80.70 Td (incurred, ) Tj ET Q q 0 0 0 rg BT 161.23 80.70 Td (with ) Tj ET Q q 0 0 0 rg BT 177.25 80.70 Td (any ) Tj ET Q q 0 0 0 rg BT 191.97 80.70 Td (gain ) Tj ET Q q 0 0 0 rg BT 208.87 80.70 Td (\(loss\) ) Tj ET Q q 0 0 0 rg BT 230.08 80.70 Td (recorded ) Tj ET Q q 0 0 0 rg BT 262.99 80.70 Td (in ) Tj ET Q q 0 0 0 rg BT 271.22 80.70 Td (net ) Tj ET Q q 0 0 0 rg BT 284.22 80.70 Td (income, ) Tj ET Q q 0 0 0 rg BT 313.66 80.70 Td (unless ) Tj ET Q q 0 0 0 rg BT 338.35 80.70 Td (the ) Tj ET Q q 0 0 0 rg BT 351.35 80.70 Td (asset ) Tj ET Q q 0 0 0 rg BT 372.14 80.70 Td (or ) Tj ET Q q 0 0 0 rg BT 381.23 80.70 Td (liability ) Tj ET Q q 0 0 0 rg BT 406.78 80.70 Td (is ) Tj ET Q q 0 0 0 rg BT 414.57 80.70 Td (designated ) Tj ET Q q 0 0 0 rg BT 454.86 80.70 Td (as ) Tj ET Q q 0 0 0 rg BT 465.26 80.70 Td (a ) Tj ET Q q 0 0 0 rg BT 471.76 80.70 Td (hedge.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 495.58 80.70 Td ( ) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.30 42.95 Td (Page 9) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (Levies) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 677.70 Td (Under ) Tj ET Q q 0 0 0 rg BT 94.76 677.70 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 114.04 677.70 Td (Interpretations ) Tj ET Q q 0 0 0 rg BT 165.39 677.70 Td (Committee ) Tj ET Q q 0 0 0 rg BT 204.60 677.70 Td (Interpretation ) Tj ET Q q 0 0 0 rg BT 252.05 677.70 Td (21, ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 264.42 677.70 Td (Levies) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 286.94 677.70 Td ( ) Tj ET Q q 0 0 0 rg BT 288.49 677.70 Td (\(IFRIC ) Tj ET Q q 0 0 0 rg BT 315.55 677.70 Td (21\) ) Tj ET Q q 0 0 0 rg BT 330.95 677.70 Td (realty ) Tj ET Q q 0 0 0 rg BT 351.54 677.70 Td (taxes ) Tj ET Q q 0 0 0 rg BT 371.71 677.70 Td (payable ) Tj ET Q q 0 0 0 rg BT 400.54 677.70 Td (by ) Tj ET Q q 0 0 0 rg BT 410.31 677.70 Td (the ) Tj ET Q q 0 0 0 rg BT 422.68 677.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 440.29 677.70 Td ( ) Tj ET Q q 0 0 0 rg BT 441.84 677.70 Td (are ) Tj ET Q q 0 0 0 rg BT 454.64 677.70 Td (considered ) Tj ET Q q 0 0 0 rg BT 494.29 677.70 Td (levies. ) Tj ET Q q 0 0 0 rg BT 517.92 677.70 Td (Based ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 666.30 Td (on ) Tj ET Q q 0 0 0 rg BT 83.02 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 96.21 666.30 Td (guidance ) Tj ET Q q 0 0 0 rg BT 130.18 666.30 Td (of ) Tj ET Q q 0 0 0 rg BT 139.04 666.30 Td (IFRIC ) Tj ET Q q 0 0 0 rg BT 161.73 666.30 Td (21, ) Tj ET Q q 0 0 0 rg BT 174.92 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 188.10 666.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 205.71 666.30 Td ( ) Tj ET Q q 0 0 0 rg BT 208.07 666.30 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 248.10 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 261.28 666.30 Td (full ) Tj ET Q q 0 0 0 rg BT 273.60 666.30 Td (amount ) Tj ET Q q 0 0 0 rg BT 301.94 666.30 Td (of ) Tj ET Q q 0 0 0 rg BT 310.79 666.30 Td (annual ) Tj ET Q q 0 0 0 rg BT 336.54 666.30 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 354.05 666.30 Td (realty ) Tj ET Q q 0 0 0 rg BT 375.45 666.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 388.20 666.30 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 420.00 666.30 Td (at ) Tj ET Q q 0 0 0 rg BT 428.86 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 442.04 666.30 Td (point ) Tj ET Q q 0 0 0 rg BT 461.29 666.30 Td (in ) Tj ET Q q 0 0 0 rg BT 469.71 666.30 Td (time ) Tj ET Q q 0 0 0 rg BT 486.78 666.30 Td (when ) Tj ET Q q 0 0 0 rg BT 507.76 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 520.95 666.30 Td (realty ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 654.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 84.56 654.90 Td (obligation ) Tj ET Q q 0 0 0 rg BT 120.08 654.90 Td (is ) Tj ET Q q 0 0 0 rg BT 127.88 654.90 Td (imposed. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 161.65 654.90 Td ( ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 637.50 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 113.57 637.50 Td (debentures) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 620.10 Td (Convertible ) Tj ET Q q 0 0 0 rg BT 113.47 620.10 Td (debentures ) Tj ET Q q 0 0 0 rg BT 154.53 620.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 179.12 620.10 Td (by ) Tj ET Q q 0 0 0 rg BT 189.42 620.10 Td (the ) Tj ET Q q 0 0 0 rg BT 202.32 620.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 219.93 620.10 Td ( ) Tj ET Q q 0 0 0 rg BT 222.00 620.10 Td (are ) Tj ET Q q 0 0 0 rg BT 235.33 620.10 Td (convertible ) Tj ET Q q 0 0 0 rg BT 275.07 620.10 Td (into ) Tj ET Q q 0 0 0 rg BT 289.71 620.10 Td (a ) Tj ET Q q 0 0 0 rg BT 296.11 620.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 314.64 620.10 Td (number ) Tj ET Q q 0 0 0 rg BT 343.12 620.10 Td (of ) Tj ET Q q 0 0 0 rg BT 351.69 620.10 Td (units ) Tj ET Q q 0 0 0 rg BT 370.22 620.10 Td (at ) Tj ET Q q 0 0 0 rg BT 378.79 620.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.69 620.10 Td (option ) Tj ET Q q 0 0 0 rg BT 414.99 620.10 Td (of ) Tj ET Q q 0 0 0 rg BT 423.56 620.10 Td (the ) Tj ET Q q 0 0 0 rg BT 436.46 620.10 Td (holder ) Tj ET Q q 0 0 0 rg BT 460.18 620.10 Td (and ) Tj ET Q q 0 0 0 rg BT 475.25 620.10 Td (are ) Tj ET Q q 0 0 0 rg BT 488.58 620.10 Td (redeemable ) Tj ET Q q 0 0 0 rg BT 531.79 620.10 Td (by ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 608.70 Td (the ) Tj ET Q q 0 0 0 rg BT 84.62 608.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 102.23 608.70 Td ( ) Tj ET Q q 0 0 0 rg BT 104.02 608.70 Td (under ) Tj ET Q q 0 0 0 rg BT 125.73 608.70 Td (certain ) Tj ET Q q 0 0 0 rg BT 150.90 608.70 Td (conditions. ) Tj ET Q q 0 0 0 rg BT 189.82 608.70 Td (The ) Tj ET Q q 0 0 0 rg BT 205.04 608.70 Td (convertible ) Tj ET Q q 0 0 0 rg BT 244.50 608.70 Td (debentures ) Tj ET Q q 0 0 0 rg BT 285.27 608.70 Td (are ) Tj ET Q q 0 0 0 rg BT 298.32 608.70 Td (separated ) Tj ET Q q 0 0 0 rg BT 334.76 608.70 Td (into ) Tj ET Q q 0 0 0 rg BT 349.11 608.70 Td (their ) Tj ET Q q 0 0 0 rg BT 366.05 608.70 Td (debt ) Tj ET Q q 0 0 0 rg BT 383.00 608.70 Td (component ) Tj ET Q q 0 0 0 rg BT 423.34 608.70 Td (and ) Tj ET Q q 0 0 0 rg BT 438.12 608.70 Td (embedded ) Tj ET Q q 0 0 0 rg BT 476.73 608.70 Td (derivative ) Tj ET Q q 0 0 0 rg BT 511.86 608.70 Td (features ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 597.30 Td (and ) Tj ET Q q 0 0 0 rg BT 87.33 597.30 Td (accounted ) Tj ET Q q 0 0 0 rg BT 125.62 597.30 Td (for ) Tj ET Q q 0 0 0 rg BT 137.05 597.30 Td (separately) Tj ET Q q 0 0 0 rg BT 172.43 597.30 Td (. ) Tj ET Q q 0 0 0 rg BT 176.78 597.30 Td (The ) Tj ET Q q 0 0 0 rg BT 192.54 597.30 Td (debt ) Tj ET Q q 0 0 0 rg BT 210.04 597.30 Td (component ) Tj ET Q q 0 0 0 rg BT 250.93 597.30 Td (of ) Tj ET Q q 0 0 0 rg BT 259.76 597.30 Td (the ) Tj ET Q q 0 0 0 rg BT 272.93 597.30 Td (convertible ) Tj ET Q q 0 0 0 rg BT 312.94 597.30 Td (debentures ) Tj ET Q q 0 0 0 rg BT 354.26 597.30 Td (is ) Tj ET Q q 0 0 0 rg BT 362.23 597.30 Td (recognized ) Tj ET Q q 0 0 0 rg BT 402.67 597.30 Td (initially ) Tj ET Q q 0 0 0 rg BT 428.39 597.30 Td (at ) Tj ET Q q 0 0 0 rg BT 437.23 597.30 Td (the ) Tj ET Q q 0 0 0 rg BT 450.39 597.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 463.55 597.30 Td (value ) Tj ET Q q 0 0 0 rg BT 484.51 597.30 Td (of ) Tj ET Q q 0 0 0 rg BT 493.35 597.30 Td (a ) Tj ET Q q 0 0 0 rg BT 500.02 597.30 Td (similar ) Tj ET Q q 0 0 0 rg BT 524.85 597.30 Td (debt ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 585.90 Td (instrument ) Tj ET Q q 0 0 0 rg BT 110.12 585.90 Td (without ) Tj ET Q q 0 0 0 rg BT 136.55 585.90 Td (the ) Tj ET Q q 0 0 0 rg BT 149.13 585.90 Td (embedded ) Tj ET Q q 0 0 0 rg BT 187.70 585.90 Td (derivative ) Tj ET Q q 0 0 0 rg BT 222.79 585.90 Td (features. ) Tj ET Q q 0 0 0 rg BT 254.85 585.90 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 298.19 585.90 Td (to ) Tj ET Q q 0 0 0 rg BT 306.43 585.90 Td (initial ) Tj ET Q q 0 0 0 rg BT 325.93 585.90 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 367.96 585.90 Td (the ) Tj ET Q q 0 0 0 rg BT 380.54 585.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 397.45 585.90 Td (component ) Tj ET Q q 0 0 0 rg BT 437.75 585.90 Td (is ) Tj ET Q q 0 0 0 rg BT 445.12 585.90 Td (measured ) Tj ET Q q 0 0 0 rg BT 481.51 585.90 Td (at ) Tj ET Q q 0 0 0 rg BT 489.76 585.90 Td (amortized ) Tj ET Q q 0 0 0 rg BT 525.71 585.90 Td (cost ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 574.50 Td (using ) Tj ET Q q 0 0 0 rg BT 93.71 574.50 Td (the ) Tj ET Q q 0 0 0 rg BT 107.63 574.50 Td (ef) Tj ET Q q 0 0 0 rg BT 113.99 574.50 Td (fective ) Tj ET Q q 0 0 0 rg BT 139.60 574.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 168.23 574.50 Td (method. ) Tj ET Q q 0 0 0 rg BT 199.28 574.50 Td (The ) Tj ET Q q 0 0 0 rg BT 215.79 574.50 Td (embedded ) Tj ET Q q 0 0 0 rg BT 255.69 574.50 Td (derivative ) Tj ET Q q 0 0 0 rg BT 292.12 574.50 Td (features ) Tj ET Q q 0 0 0 rg BT 323.36 574.50 Td (include ) Tj ET Q q 0 0 0 rg BT 351.13 574.50 Td (a ) Tj ET Q q 0 0 0 rg BT 358.55 574.50 Td (holder ) Tj ET Q q 0 0 0 rg BT 383.29 574.50 Td (conversion ) Tj ET Q q 0 0 0 rg BT 424.05 574.50 Td (option ) Tj ET Q q 0 0 0 rg BT 448.36 574.50 Td (at ) Tj ET Q q 0 0 0 rg BT 457.94 574.50 Td (any ) Tj ET Q q 0 0 0 rg BT 473.59 574.50 Td (time ) Tj ET Q q 0 0 0 rg BT 491.39 574.50 Td (and ) Tj ET Q q 0 0 0 rg BT 507.48 574.50 Td (an ) Tj ET Q q 0 0 0 rg BT 519.23 574.50 Td (issuer ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 563.10 Td (redemption ) Tj ET Q q 0 0 0 rg BT 113.93 563.10 Td (option ) Tj ET Q q 0 0 0 rg BT 138.10 563.10 Td (under ) Tj ET Q q 0 0 0 rg BT 160.98 563.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 187.31 563.10 Td (conditions. ) Tj ET Q q 0 0 0 rg BT 227.33 563.10 Td (The ) Tj ET Q q 0 0 0 rg BT 243.70 563.10 Td (multiple ) Tj ET Q q 0 0 0 rg BT 273.50 563.10 Td (embedded ) Tj ET Q q 0 0 0 rg BT 313.26 563.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 349.56 563.10 Td (features ) Tj ET Q q 0 0 0 rg BT 380.66 563.10 Td (are ) Tj ET Q q 0 0 0 rg BT 394.87 563.10 Td (treated ) Tj ET Q q 0 0 0 rg BT 422.08 563.10 Td (as ) Tj ET Q q 0 0 0 rg BT 433.26 563.10 Td (a ) Tj ET Q q 0 0 0 rg BT 440.54 563.10 Td (single ) Tj ET Q q 0 0 0 rg BT 463.84 563.10 Td (compound ) Tj ET Q q 0 0 0 rg BT 503.18 563.10 Td (embedded ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 551.70 Td (derivative ) Tj ET Q q 0 0 0 rg BT 107.05 551.70 Td (liability ) Tj ET Q q 0 0 0 rg BT 132.13 551.70 Td (and ) Tj ET Q q 0 0 0 rg BT 146.83 551.70 Td (initially ) Tj ET Q q 0 0 0 rg BT 171.91 551.70 Td (recognized ) Tj ET Q q 0 0 0 rg BT 211.72 551.70 Td (at ) Tj ET Q q 0 0 0 rg BT 219.93 551.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 232.45 551.70 Td (value. ) Tj ET Q q 0 0 0 rg BT 254.94 551.70 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 298.23 551.70 Td (to ) Tj ET Q q 0 0 0 rg BT 306.43 551.70 Td (initial ) Tj ET Q q 0 0 0 rg BT 325.89 551.70 Td (recognition, ) Tj ET Q q 0 0 0 rg BT 367.87 551.70 Td (changes ) Tj ET Q q 0 0 0 rg BT 399.03 551.70 Td (in ) Tj ET Q q 0 0 0 rg BT 406.79 551.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 419.32 551.70 Td (value ) Tj ET Q q 0 0 0 rg BT 439.64 551.70 Td (are ) Tj ET Q q 0 0 0 rg BT 452.60 551.70 Td (recognized ) Tj ET Q q 0 0 0 rg BT 492.42 551.70 Td (in ) Tj ET Q q 0 0 0 rg BT 500.18 551.70 Td (net ) Tj ET Q q 0 0 0 rg BT 512.72 551.70 Td (income. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 540.30 Td (Upon ) Tj ET Q q 0 0 0 rg BT 92.71 540.30 Td (issuance, ) Tj ET Q q 0 0 0 rg BT 127.71 540.30 Td (any ) Tj ET Q q 0 0 0 rg BT 142.36 540.30 Td (directly ) Tj ET Q q 0 0 0 rg BT 169.13 540.30 Td (attributable ) Tj ET Q q 0 0 0 rg BT 209.77 540.30 Td (costs ) Tj ET Q q 0 0 0 rg BT 230.04 540.30 Td (are ) Tj ET Q q 0 0 0 rg BT 243.39 540.30 Td (allocated ) Tj ET Q q 0 0 0 rg BT 276.67 540.30 Td (to ) Tj ET Q q 0 0 0 rg BT 285.25 540.30 Td (the ) Tj ET Q q 0 0 0 rg BT 298.17 540.30 Td (debt ) Tj ET Q q 0 0 0 rg BT 315.43 540.30 Td (component ) Tj ET Q q 0 0 0 rg BT 356.06 540.30 Td (and ) Tj ET Q q 0 0 0 rg BT 371.15 540.30 Td (embedded ) Tj ET Q q 0 0 0 rg BT 410.05 540.30 Td (derivative ) Tj ET Q q 0 0 0 rg BT 445.49 540.30 Td (liability ) Tj ET Q q 0 0 0 rg BT 470.95 540.30 Td (in ) Tj ET Q q 0 0 0 rg BT 479.11 540.30 Td (proportion ) Tj ET Q q 0 0 0 rg BT 516.27 540.30 Td (to ) Tj ET Q q 0 0 0 rg BT 524.86 540.30 Td (their ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 528.90 Td (initial ) Tj ET Q q 0 0 0 rg BT 91.79 528.90 Td (carrying ) Tj ET Q q 0 0 0 rg BT 121.53 528.90 Td (amounts. ) Tj ET Q q 0 0 0 rg BT 155.61 528.90 Td (For ) Tj ET Q q 0 0 0 rg BT 169.33 528.90 Td (the ) Tj ET Q q 0 0 0 rg BT 182.20 528.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 199.40 528.90 Td (component, ) Tj ET Q q 0 0 0 rg BT 242.14 528.90 Td (the ) Tj ET Q q 0 0 0 rg BT 255.01 528.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 295.16 528.90 Td (costs ) Tj ET Q q 0 0 0 rg BT 315.38 528.90 Td (are ) Tj ET Q q 0 0 0 rg BT 328.67 528.90 Td (reflected ) Tj ET Q q 0 0 0 rg BT 360.59 528.90 Td (in ) Tj ET Q q 0 0 0 rg BT 368.69 528.90 Td (the ) Tj ET Q q 0 0 0 rg BT 381.55 528.90 Td (determination ) Tj ET Q q 0 0 0 rg BT 430.79 528.90 Td (of ) Tj ET Q q 0 0 0 rg BT 439.32 528.90 Td (the ) Tj ET Q q 0 0 0 rg BT 452.19 528.90 Td (ef) Tj ET Q q 0 0 0 rg BT 458.55 528.90 Td (fective ) Tj ET Q q 0 0 0 rg BT 483.11 528.90 Td (interest ) Tj ET Q q 0 0 0 rg BT 510.69 528.90 Td (rate. ) Tj ET Q q 0 0 0 rg BT 528.32 528.90 Td (For ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 517.50 Td (the ) Tj ET Q q 0 0 0 rg BT 85.81 517.50 Td (embedded ) Tj ET Q q 0 0 0 rg BT 125.61 517.50 Td (derivative ) Tj ET Q q 0 0 0 rg BT 161.93 517.50 Td (liability) Tj ET Q q 0 0 0 rg BT 184.74 517.50 Td (, ) Tj ET Q q 0 0 0 rg BT 189.89 517.50 Td (the ) Tj ET Q q 0 0 0 rg BT 203.70 517.50 Td (transaction ) Tj ET Q q 0 0 0 rg BT 244.79 517.50 Td (costs ) Tj ET Q q 0 0 0 rg BT 265.95 517.50 Td (are ) Tj ET Q q 0 0 0 rg BT 280.19 517.50 Td (immediately ) Tj ET Q q 0 0 0 rg BT 324.73 517.50 Td (expensed. ) Tj ET Q q 0 0 0 rg BT 363.67 517.50 Td (Upon ) Tj ET Q q 0 0 0 rg BT 385.27 517.50 Td (conversion, ) Tj ET Q q 0 0 0 rg BT 428.09 517.50 Td (the ) Tj ET Q q 0 0 0 rg BT 441.90 517.50 Td (carrying ) Tj ET Q q 0 0 0 rg BT 472.59 517.50 Td (amount ) Tj ET Q q 0 0 0 rg BT 501.55 517.50 Td (of ) Tj ET Q q 0 0 0 rg BT 511.03 517.50 Td (the ) Tj ET Q q 0 0 0 rg BT 524.84 517.50 Td (debt ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 506.10 Td (component ) Tj ET Q q 0 0 0 rg BT 112.59 506.10 Td (and ) Tj ET Q q 0 0 0 rg BT 127.64 506.10 Td (the ) Tj ET Q q 0 0 0 rg BT 140.51 506.10 Td (related ) Tj ET Q q 0 0 0 rg BT 166.38 506.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 179.25 506.10 Td (value ) Tj ET Q q 0 0 0 rg BT 199.92 506.10 Td (of ) Tj ET Q q 0 0 0 rg BT 208.46 506.10 Td (the ) Tj ET Q q 0 0 0 rg BT 221.34 506.10 Td (derivative ) Tj ET Q q 0 0 0 rg BT 256.73 506.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 282.16 506.10 Td (as ) Tj ET Q q 0 0 0 rg BT 292.43 506.10 Td (of ) Tj ET Q q 0 0 0 rg BT 300.98 506.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.86 506.10 Td (date ) Tj ET Q q 0 0 0 rg BT 331.07 506.10 Td (of ) Tj ET Q q 0 0 0 rg BT 339.61 506.10 Td (conversion ) Tj ET Q q 0 0 0 rg BT 379.33 506.10 Td (are ) Tj ET Q q 0 0 0 rg BT 392.64 506.10 Td (transferred ) Tj ET Q q 0 0 0 rg BT 432.35 506.10 Td (to ) Tj ET Q q 0 0 0 rg BT 440.90 506.10 Td (equity) Tj ET Q q 0 0 0 rg BT 461.12 506.10 Td (. ) Tj ET Q q 0 0 0 rg BT 465.33 506.10 Td (Upon ) Tj ET Q q 0 0 0 rg BT 486.00 506.10 Td (redemption, ) Tj ET Q q 0 0 0 rg BT 529.19 506.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 494.70 Td (redemption ) Tj ET Q q 0 0 0 rg BT 113.20 494.70 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 147.47 494.70 Td (are ) Tj ET Q q 0 0 0 rg BT 160.95 494.70 Td (compared ) Tj ET Q q 0 0 0 rg BT 197.81 494.70 Td (to ) Tj ET Q q 0 0 0 rg BT 206.53 494.70 Td (the ) Tj ET Q q 0 0 0 rg BT 219.58 494.70 Td (carrying ) Tj ET Q q 0 0 0 rg BT 249.51 494.70 Td (amount ) Tj ET Q q 0 0 0 rg BT 277.72 494.70 Td (of ) Tj ET Q q 0 0 0 rg BT 286.44 494.70 Td (the ) Tj ET Q q 0 0 0 rg BT 299.50 494.70 Td (debt ) Tj ET Q q 0 0 0 rg BT 316.88 494.70 Td (component ) Tj ET Q q 0 0 0 rg BT 357.65 494.70 Td (and ) Tj ET Q q 0 0 0 rg BT 372.87 494.70 Td (the ) Tj ET Q q 0 0 0 rg BT 385.92 494.70 Td (related ) Tj ET Q q 0 0 0 rg BT 411.97 494.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 425.01 494.70 Td (value ) Tj ET Q q 0 0 0 rg BT 445.86 494.70 Td (of ) Tj ET Q q 0 0 0 rg BT 454.58 494.70 Td (the ) Tj ET Q q 0 0 0 rg BT 467.63 494.70 Td (embedded ) Tj ET Q q 0 0 0 rg BT 506.67 494.70 Td (derivative ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 483.30 Td (extinguished ) Tj ET Q q 0 0 0 rg BT 117.91 483.30 Td (as ) Tj ET Q q 0 0 0 rg BT 128.31 483.30 Td (of ) Tj ET Q q 0 0 0 rg BT 136.98 483.30 Td (the ) Tj ET Q q 0 0 0 rg BT 149.97 483.30 Td (date ) Tj ET Q q 0 0 0 rg BT 167.30 483.30 Td (of ) Tj ET Q q 0 0 0 rg BT 175.97 483.30 Td (redemption, ) Tj ET Q q 0 0 0 rg BT 219.28 483.30 Td (and ) Tj ET Q q 0 0 0 rg BT 234.44 483.30 Td (any ) Tj ET Q q 0 0 0 rg BT 249.17 483.30 Td (gain ) Tj ET Q q 0 0 0 rg BT 266.06 483.30 Td (or ) Tj ET Q q 0 0 0 rg BT 275.16 483.30 Td (loss ) Tj ET Q q 0 0 0 rg BT 291.18 483.30 Td (on ) Tj ET Q q 0 0 0 rg BT 302.01 483.30 Td (redemption ) Tj ET Q q 0 0 0 rg BT 343.15 483.30 Td (is ) Tj ET Q q 0 0 0 rg BT 350.95 483.30 Td (recognized ) Tj ET Q q 0 0 0 rg BT 391.22 483.30 Td (in ) Tj ET Q q 0 0 0 rg BT 399.45 483.30 Td (net ) Tj ET Q q 0 0 0 rg BT 412.45 483.30 Td (income.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 439.73 483.30 Td ( ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 465.90 Td (iv) Tj ET Q q 0 0 0 rg BT 76.92 465.90 Td (. ) Tj ET Q q 0 0 0 rg BT 81.25 465.90 Td (Future ) Tj ET Q q 0 0 0 rg BT 105.94 465.90 Td (accounting ) Tj ET Q q 0 0 0 rg BT 145.79 465.90 Td (policies) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 448.50 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 91.91 448.50 Td (16, ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 104.91 448.50 Td (Leases ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 132.20 448.50 Td (\("IFRS ) Tj ET Q q 0 0 0 rg BT 157.46 448.50 Td (16"\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 431.10 Td (This ) Tj ET Q q 0 0 0 rg BT 89.10 431.10 Td (standard ) Tj ET Q q 0 0 0 rg BT 121.81 431.10 Td (introduces ) Tj ET Q q 0 0 0 rg BT 160.14 431.10 Td (a ) Tj ET Q q 0 0 0 rg BT 166.86 431.10 Td (single ) Tj ET Q q 0 0 0 rg BT 189.60 431.10 Td (lessee ) Tj ET Q q 0 0 0 rg BT 214.50 431.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 254.57 431.10 Td (model ) Tj ET Q q 0 0 0 rg BT 278.18 431.10 Td (and ) Tj ET Q q 0 0 0 rg BT 293.56 431.10 Td (requires ) Tj ET Q q 0 0 0 rg BT 324.09 431.10 Td (a ) Tj ET Q q 0 0 0 rg BT 330.81 431.10 Td (lessee ) Tj ET Q q 0 0 0 rg BT 355.71 431.10 Td (to ) Tj ET Q q 0 0 0 rg BT 364.60 431.10 Td (recognize ) Tj ET Q q 0 0 0 rg BT 400.76 431.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 425.67 431.10 Td (and ) Tj ET Q q 0 0 0 rg BT 441.05 431.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 472.88 431.10 Td (for ) Tj ET Q q 0 0 0 rg BT 484.36 431.10 Td (all ) Tj ET Q q 0 0 0 rg BT 494.54 431.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 519.44 431.10 Td (with ) Tj ET Q q 0 0 0 rg BT 535.68 431.10 Td (a ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 419.70 Td (term ) Tj ET Q q 0 0 0 rg BT 90.63 419.70 Td (of ) Tj ET Q q 0 0 0 rg BT 100.18 419.70 Td (more ) Tj ET Q q 0 0 0 rg BT 120.98 419.70 Td (than ) Tj ET Q q 0 0 0 rg BT 139.20 419.70 Td (twelve ) Tj ET Q q 0 0 0 rg BT 164.33 419.70 Td (months, ) Tj ET Q q 0 0 0 rg BT 195.10 419.70 Td (unless ) Tj ET Q q 0 0 0 rg BT 220.67 419.70 Td (the ) Tj ET Q q 0 0 0 rg BT 234.56 419.70 Td (underlying ) Tj ET Q q 0 0 0 rg BT 273.55 419.70 Td (asset ) Tj ET Q q 0 0 0 rg BT 295.23 419.70 Td (is ) Tj ET Q q 0 0 0 rg BT 303.91 419.70 Td (of ) Tj ET Q q 0 0 0 rg BT 313.46 419.70 Td (low ) Tj ET Q q 0 0 0 rg BT 328.20 419.70 Td (value. ) Tj ET Q q 0 0 0 rg BT 351.44 419.70 Td (A) Tj ET Q q 0 0 0 rg BT 356.21 419.70 Td ( ) Tj ET Q q 0 0 0 rg BT 359.26 419.70 Td (lessee ) Tj ET Q q 0 0 0 rg BT 384.83 419.70 Td (is ) Tj ET Q q 0 0 0 rg BT 393.51 419.70 Td (required ) Tj ET Q q 0 0 0 rg BT 425.14 419.70 Td (to ) Tj ET Q q 0 0 0 rg BT 434.69 419.70 Td (recognize ) Tj ET Q q 0 0 0 rg BT 471.52 419.70 Td (a ) Tj ET Q q 0 0 0 rg BT 478.91 419.70 Td (right-of-use ) Tj ET Q q 0 0 0 rg BT 521.36 419.70 Td (asset ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 408.30 Td (representing ) Tj ET Q q 0 0 0 rg BT 117.73 408.30 Td (its ) Tj ET Q q 0 0 0 rg BT 127.95 408.30 Td (right ) Tj ET Q q 0 0 0 rg BT 145.53 408.30 Td (to ) Tj ET Q q 0 0 0 rg BT 154.45 408.30 Td (use ) Tj ET Q q 0 0 0 rg BT 169.44 408.30 Td (the ) Tj ET Q q 0 0 0 rg BT 182.70 408.30 Td (underlying ) Tj ET Q q 0 0 0 rg BT 221.07 408.30 Td (asset ) Tj ET Q q 0 0 0 rg BT 242.12 408.30 Td (and ) Tj ET Q q 0 0 0 rg BT 257.54 408.30 Td (a ) Tj ET Q q 0 0 0 rg BT 264.30 408.30 Td (lease ) Tj ET Q q 0 0 0 rg BT 285.35 408.30 Td (liability ) Tj ET Q q 0 0 0 rg BT 311.15 408.30 Td (representing ) Tj ET Q q 0 0 0 rg BT 356.88 408.30 Td (its ) Tj ET Q q 0 0 0 rg BT 367.10 408.30 Td (obligation ) Tj ET Q q 0 0 0 rg BT 402.88 408.30 Td (to ) Tj ET Q q 0 0 0 rg BT 411.80 408.30 Td (make ) Tj ET Q q 0 0 0 rg BT 433.28 408.30 Td (lease ) Tj ET Q q 0 0 0 rg BT 454.33 408.30 Td (payments. ) Tj ET Q q 0 0 0 rg BT 492.55 408.30 Td (This ) Tj ET Q q 0 0 0 rg BT 509.69 408.30 Td (standard ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 396.90 Td (substantially ) Tj ET Q q 0 0 0 rg BT 117.08 396.90 Td (carries ) Tj ET Q q 0 0 0 rg BT 142.67 396.90 Td (forward ) Tj ET Q q 0 0 0 rg BT 170.85 396.90 Td (the ) Tj ET Q q 0 0 0 rg BT 183.89 396.90 Td (lessor ) Tj ET Q q 0 0 0 rg BT 206.88 396.90 Td (accounting ) Tj ET Q q 0 0 0 rg BT 246.77 396.90 Td (requirements ) Tj ET Q q 0 0 0 rg BT 294.44 396.90 Td (of ) Tj ET Q q 0 0 0 rg BT 303.15 396.90 Td (IAS ) Tj ET Q q 0 0 0 rg BT 317.91 396.90 Td (17, ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 330.95 396.90 Td (Leases) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 356.07 396.90 Td (, ) Tj ET Q q 0 0 0 rg BT 360.45 396.90 Td (while ) Tj ET Q q 0 0 0 rg BT 380.40 396.90 Td (requiring ) Tj ET Q q 0 0 0 rg BT 412.92 396.90 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 449.35 396.90 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 490.53 396.90 Td (to ) Tj ET Q q 0 0 0 rg BT 499.24 396.90 Td (be ) Tj ET Q q 0 0 0 rg BT 510.11 396.90 Td (provided ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 385.50 Td (by ) Tj ET Q q 0 0 0 rg BT 81.79 385.50 Td (lessors. ) Tj ET Q q 0 0 0 rg BT 110.19 385.50 Td (Other ) Tj ET Q q 0 0 0 rg BT 131.23 385.50 Td (areas ) Tj ET Q q 0 0 0 rg BT 152.28 385.50 Td (of ) Tj ET Q q 0 0 0 rg BT 160.33 385.50 Td (the ) Tj ET Q q 0 0 0 rg BT 172.72 385.50 Td (lease ) Tj ET Q q 0 0 0 rg BT 192.90 385.50 Td (accounting ) Tj ET Q q 0 0 0 rg BT 232.15 385.50 Td (model ) Tj ET Q q 0 0 0 rg BT 254.92 385.50 Td (have ) Tj ET Q q 0 0 0 rg BT 273.37 385.50 Td (been ) Tj ET Q q 0 0 0 rg BT 292.26 385.50 Td (impacted, ) Tj ET Q q 0 0 0 rg BT 327.60 385.50 Td (including ) Tj ET Q q 0 0 0 rg BT 359.90 385.50 Td (the ) Tj ET Q q 0 0 0 rg BT 372.29 385.50 Td (definition ) Tj ET Q q 0 0 0 rg BT 405.04 385.50 Td (of ) Tj ET Q q 0 0 0 rg BT 413.09 385.50 Td (a ) Tj ET Q q 0 0 0 rg BT 418.98 385.50 Td (lease. ) Tj ET Q q 0 0 0 rg BT 441.23 385.50 Td (The ) Tj ET Q q 0 0 0 rg BT 456.22 385.50 Td (new ) Tj ET Q q 0 0 0 rg BT 472.06 385.50 Td (standard ) Tj ET Q q 0 0 0 rg BT 503.94 385.50 Td (is ) Tj ET Q q 0 0 0 rg BT 511.12 385.50 Td (ef) Tj ET Q q 0 0 0 rg BT 517.48 385.50 Td (fective ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 374.10 Td (for ) Tj ET Q q 0 0 0 rg BT 83.48 374.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 109.26 374.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 137.20 374.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 173.38 374.10 Td (on ) Tj ET Q q 0 0 0 rg BT 184.44 374.10 Td (or ) Tj ET Q q 0 0 0 rg BT 193.75 374.10 Td (after ) Tj ET Q q 0 0 0 rg BT 211.73 374.10 Td (January ) Tj ET Q q 0 0 0 rg BT 241.84 374.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 250.73 374.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 272.61 374.10 Td (which ) Tj ET Q q 0 0 0 rg BT 294.92 374.10 Td (is ) Tj ET Q q 0 0 0 rg BT 302.94 374.10 Td (when ) Tj ET Q q 0 0 0 rg BT 323.94 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.17 374.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 354.77 374.10 Td ( ) Tj ET Q q 0 0 0 rg BT 357.16 374.10 Td (intends ) Tj ET Q q 0 0 0 rg BT 384.68 374.10 Td (to ) Tj ET Q q 0 0 0 rg BT 393.57 374.10 Td (adopt ) Tj ET Q q 0 0 0 rg BT 415.45 374.10 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 435.58 374.10 Td (16 ) Tj ET Q q 0 0 0 rg BT 446.64 374.10 Td (in ) Tj ET Q q 0 0 0 rg BT 455.09 374.10 Td (its ) Tj ET Q q 0 0 0 rg BT 465.28 374.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 511.41 374.10 Td (financial ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 362.70 Td (statements. ) Tj ET Q q 0 0 0 rg BT 114.31 362.70 Td (The ) Tj ET Q q 0 0 0 rg BT 129.90 362.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 147.51 362.70 Td ( ) Tj ET Q q 0 0 0 rg BT 149.68 362.70 Td (is ) Tj ET Q q 0 0 0 rg BT 157.47 362.70 Td (assessing ) Tj ET Q q 0 0 0 rg BT 194.28 362.70 Td (the ) Tj ET Q q 0 0 0 rg BT 207.28 362.70 Td (impact ) Tj ET Q q 0 0 0 rg BT 232.40 362.70 Td (of ) Tj ET Q q 0 0 0 rg BT 241.06 362.70 Td (this ) Tj ET Q q 0 0 0 rg BT 255.35 362.70 Td (new ) Tj ET Q q 0 0 0 rg BT 271.81 362.70 Td (standard ) Tj ET Q q 0 0 0 rg BT 304.29 362.70 Td (on ) Tj ET Q q 0 0 0 rg BT 315.12 362.70 Td (its ) Tj ET Q q 0 0 0 rg BT 325.08 362.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 371.00 362.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 401.75 362.70 Td (statements.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 442.03 362.70 Td ( ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 345.30 Td (4. ) Tj ET Q q 0 0 0 rg BT 80.67 345.30 Td ( ) Tj ET Q q 0 0 0 rg BT 82.83 345.30 Td ( ) Tj ET Q q 0 0 0 rg BT 85.00 345.30 Td ( ) Tj ET Q q 0 0 0 rg BT 87.17 345.30 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 345.30 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 345.30 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 345.30 Td (Properties) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 327.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 327.90 Td (change ) Tj ET Q q 0 0 0 rg BT 115.32 327.90 Td (in ) Tj ET Q q 0 0 0 rg BT 123.55 327.90 Td (the ) Tj ET Q q 0 0 0 rg BT 136.54 327.90 Td (carrying ) Tj ET Q q 0 0 0 rg BT 166.42 327.90 Td (value ) Tj ET Q q 0 0 0 rg BT 187.21 327.90 Td (of ) Tj ET Q q 0 0 0 rg BT 195.87 327.90 Td (the ) Tj ET Q q 0 0 0 rg BT 208.87 327.90 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 234.17 327.90 Td (properties ) Tj ET Q q 0 0 0 rg BT 270.98 327.90 Td (is ) Tj ET Q q 0 0 0 rg BT 278.77 327.90 Td (as ) Tj ET Q q 0 0 0 rg BT 289.17 327.90 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 314.4 m 353.5 314.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 314.4 m 380.5 314.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 314.4 m 460.5 314.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 314.4 m 540.5 314.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 286.4 m 353.5 286.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 286.4 m 380.5 286.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 286.4 m 460.5 286.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 286.4 m 540.5 286.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 286.4 m 460.5 286.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 286.4 m 540.5 286.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 146.39999999999998 m 460.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 146.39999999999998 m 540.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 146.39999999999998 m 353.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 132.39999999999998 m 353.5 132.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 146.39999999999998 m 380.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 132.39999999999998 m 380.5 132.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 146.39999999999998 m 460.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 132.39999999999998 m 460.5 132.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 146.39999999999998 m 540.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 132.39999999999998 m 540.5 132.39999999999998 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.25 304.93 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 359.65 290.93 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 439.65 290.93 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 519.65 290.93 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 276.93 Td (Balance, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 276.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 422.70 276.93 Td (1,279,509) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 276.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 276.93 Td (946,939) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 262.93 Td (Acquisitions ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 118.74 265.36 Td (\(1\)) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 262.88 Td (5) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 429.20 262.93 Td (301,180) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 262.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 248.93 Td (Capital expenditures) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 248.93 Td (1,563) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 248.93 Td (4,509) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 234.93 Td (Direct leasing costs) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 234.93 Td (4,321) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 234.93 Td (7,313) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 220.93 Td (Dispositions) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 364.30 220.88 Td (6) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 220.93 Td (\(1,025) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 220.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 220.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 206.93 Td (Depreciation of hotel asset) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 206.93 Td (\(222) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 206.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 206.93 Td (\(189) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 206.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 192.93 Td (Foreign exchange) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 192.93 Td (5,257) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 192.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 178.93 Td (Change in fair value) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 178.93 Td (\(9,230) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 178.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 178.93 Td (227) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 164.93 Td (IFRIC 21 property tax adjustment) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 164.93 Td (528) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 164.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 150.93 Td (Straight line rent and other changes) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 150.93 Td (1) Tj ET Q q 0 0 0 rg BT 448.73 150.93 Td (16) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 150.93 Td (450) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 136.93 Td (Balance, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 136.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 422.70 136.93 Td (1,581,997) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 136.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 136.93 Td (959,249) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 123.90 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 81.23 123.90 Td (Represents ) Tj ET Q q 0 0 0 rg BT 114.39 123.90 Td (the ) Tj ET Q q 0 0 0 rg BT 124.65 123.90 Td (purchase ) Tj ET Q q 0 0 0 rg BT 151.66 123.90 Td (price, ) Tj ET Q q 0 0 0 rg BT 168.41 123.90 Td (transaction ) Tj ET Q q 0 0 0 rg BT 200.21 123.90 Td (costs ) Tj ET Q q 0 0 0 rg BT 216.28 123.90 Td (and ) Tj ET Q q 0 0 0 rg BT 228.25 123.90 Td (adjustments.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 106.50 Td (Properties ) Tj ET Q q 0 0 0 rg BT 109.44 106.50 Td (at ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 117.88 106.50 Td (March31, ) Tj ET Q q 0 0 0 rg BT 154.46 106.50 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 171.79 106.50 Td ( ) Tj ET Q q 0 0 0 rg BT 173.73 106.50 Td (are ) Tj ET Q q 0 0 0 rg BT 186.93 106.50 Td (comprised ) Tj ET Q q 0 0 0 rg BT 224.81 106.50 Td (of ) Tj ET Q q 0 0 0 rg BT 233.24 106.50 Td (the ) Tj ET Q q 0 0 0 rg BT 246.01 106.50 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 271.09 106.50 Td (interests ) Tj ET Q q 0 0 0 rg BT 302.47 106.50 Td (in ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 310.47 106.50 Td (45) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 319.14 106.50 Td ( ) Tj ET Q q 0 0 0 rg BT 321.08 106.50 Td (properties, ) Tj ET Q q 0 0 0 rg BT 359.83 106.50 Td (which ) Tj ET Q q 0 0 0 rg BT 381.68 106.50 Td (includes ) Tj ET Q q 0 0 0 rg BT 412.20 106.50 Td (one ) Tj ET Q q 0 0 0 rg BT 427.14 106.50 Td (mixed-use ) Tj ET Q q 0 0 0 rg BT 465.01 106.50 Td (hotel ) Tj ET Q q 0 0 0 rg BT 483.85 106.50 Td (and ) Tj ET Q q 0 0 0 rg BT 498.78 106.50 Td (of) Tj ET Q q 0 0 0 rg BT 505.15 106.50 Td (fice ) Tj ET Q q 0 0 0 rg BT 519.21 106.50 Td (asset. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 95.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.20 95.10 Td (hotel ) Tj ET Q q 0 0 0 rg BT 105.87 95.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 131.47 95.10 Td (of ) Tj ET Q q 0 0 0 rg BT 139.75 95.10 Td (the ) Tj ET Q q 0 0 0 rg BT 152.36 95.10 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 177.27 95.10 Td (mixed-use ) Tj ET Q q 0 0 0 rg BT 214.98 95.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 235.38 95.10 Td (does ) Tj ET Q q 0 0 0 rg BT 254.05 95.10 Td (not ) Tj ET Q q 0 0 0 rg BT 266.66 95.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 285.76 95.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.37 95.10 Td (definition ) Tj ET Q q 0 0 0 rg BT 331.33 95.10 Td (of ) Tj ET Q q 0 0 0 rg BT 339.61 95.10 Td (an ) Tj ET Q q 0 0 0 rg BT 350.05 95.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 389.51 95.10 Td (property ) Tj ET Q q 0 0 0 rg BT 419.86 95.10 Td (under ) Tj ET Q q 0 0 0 rg BT 441.56 95.10 Td (IAS ) Tj ET Q q 0 0 0 rg BT 455.90 95.10 Td (40,) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 466.73 95.10 Td ( ) Tj ET Q q 0 0 0 rg BT 468.51 95.10 Td (Investment ) Tj ET Q q 0 0 0 rg BT 508.40 95.10 Td (Property) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.84 95.10 Td (, ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 83.70 Td (and ) Tj ET Q q 0 0 0 rg BT 86.48 83.70 Td (accordingly ) Tj ET Q q 0 0 0 rg BT 127.38 83.70 Td (is ) Tj ET Q q 0 0 0 rg BT 134.49 83.70 Td (measured ) Tj ET Q q 0 0 0 rg BT 170.62 83.70 Td (at ) Tj ET Q q 0 0 0 rg BT 178.60 83.70 Td (cost ) Tj ET Q q 0 0 0 rg BT 194.38 83.70 Td (less ) Tj ET Q q 0 0 0 rg BT 209.72 83.70 Td (depreciation, ) Tj ET Q q 0 0 0 rg BT 255.82 83.70 Td (with ) Tj ET Q q 0 0 0 rg BT 271.16 83.70 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 315.09 83.70 Td (charged ) Tj ET Q q 0 0 0 rg BT 344.73 83.70 Td (to ) Tj ET Q q 0 0 0 rg BT 352.71 83.70 Td (income ) Tj ET Q q 0 0 0 rg BT 379.32 83.70 Td (over ) Tj ET Q q 0 0 0 rg BT 395.96 83.70 Td (the ) Tj ET Q q 0 0 0 rg BT 408.27 83.70 Td (estimated ) Tj ET Q q 0 0 0 rg BT 443.54 83.70 Td (useful ) Tj ET Q q 0 0 0 rg BT 465.82 83.70 Td (life ) Tj ET Q q 0 0 0 rg BT 477.26 83.70 Td (of ) Tj ET Q q 0 0 0 rg BT 485.25 83.70 Td (the ) Tj ET Q q 0 0 0 rg BT 497.57 83.70 Td (components ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 72.30 Td (of ) Tj ET Q q 0 0 0 rg BT 80.67 72.30 Td (the ) Tj ET Q q 0 0 0 rg BT 93.66 72.30 Td (hotel ) Tj ET Q q 0 0 0 rg BT 112.72 72.30 Td (asset. ) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 10) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 695.10 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 112.89 695.10 Td (properties ) Tj ET Q q 0 0 0 rg BT 149.70 695.10 Td (are ) Tj ET Q q 0 0 0 rg BT 163.12 695.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 197.34 695.10 Td (into ) Tj ET Q q 0 0 0 rg BT 212.06 695.10 Td (income ) Tj ET Q q 0 0 0 rg BT 239.35 695.10 Td (producing ) Tj ET Q q 0 0 0 rg BT 275.73 695.10 Td (and ) Tj ET Q q 0 0 0 rg BT 290.89 695.10 Td (development ) Tj ET Q q 0 0 0 rg BT 337.67 695.10 Td (as ) Tj ET Q q 0 0 0 rg BT 348.06 695.10 Td (follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 678.6 m 379.5 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 664.6 m 379.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 678.6 m 459.5 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 664.6 m 459.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 678.6 m 539.5 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 664.6 m 539.5 664.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 636.6 m 379.5 636.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 636.6 m 459.5 636.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 636.6 m 539.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 622.6 m 379.5 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 622.6 m 459.5 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 622.6 m 539.5 622.6 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 400.55 669.13 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.55 669.13 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 655.13 Td (Income producing) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 655.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 421.70 655.13 Td (1,550,451) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 655.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 501.70 655.13 Td (1,247,967) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 641.13 Td (Development) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 432.55 641.13 Td (31,546) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 641.13 Td (31,542) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 627.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 421.70 627.13 Td (1,581,997) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 627.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 501.70 627.13 Td (1,279,509) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 605.70 Td (The change in the carrying value of the REIT's development properties is as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 589.2 m 379.5 589.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 556.2 m 379.5 556.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 589.2 m 459.5 589.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 556.2 m 459.5 556.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 589.2 m 539.5 589.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 556.2 m 539.5 556.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 556.2 m 459.5 556.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 556.2 m 539.5 556.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 451.2 m 379.5 451.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 436.2 m 379.5 436.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 451.2 m 459.5 451.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 436.2 m 459.5 436.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 451.2 m 539.5 451.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 436.2 m 539.5 436.2 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 404.45 579.73 Td (Three months) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 394.90 570.23 Td (ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 438.65 560.73 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.40 570.23 Td (Y) Tj ET Q q 0 0 0 rg BT 500.88 570.23 Td (ear ended) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.55 560.73 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 545.73 Td (Balance, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 545.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 432.55 545.73 Td (31,542) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 545.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 545.73 Td (39,596) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 530.73 Td (Capital expenditures) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.60 530.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 530.73 Td (9,331) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 515.73 Td (Direct leasing costs) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 452.05 515.73 Td (4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 515.73 Td (6,570) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 500.73 Td (Change in fair value) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.60 500.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 520.80 500.73 Td (\(828) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 536.40 500.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 485.73 Td (Straight line rent and other changes) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.60 485.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 523.40 485.73 Td (707) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 470.73 Td (T) Tj ET Q q 0 0 0 rg BT 78.62 470.73 Td (ransfer of 2285 Speakman Drive to income producing properties) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.60 470.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.95 470.73 Td (\(43,302) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 536.40 470.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 455.73 Td (T) Tj ET Q q 0 0 0 rg BT 78.48 455.73 Td (ransfer of 2599 Speakman Drive from income producing properties) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.60 455.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 455.73 Td (19,468) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 74.00 440.73 Td (Balance, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 440.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 432.55 440.73 Td (31,546) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 440.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 440.73 Td (31,542) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 419.30 Td (The ) Tj ET Q q 0 0 0 rg BT 87.82 419.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.43 419.30 Td ( ) Tj ET Q q 0 0 0 rg BT 107.82 419.30 Td (determines ) Tj ET Q q 0 0 0 rg BT 148.75 419.30 Td (the ) Tj ET Q q 0 0 0 rg BT 161.98 419.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 175.19 419.30 Td (value ) Tj ET Q q 0 0 0 rg BT 196.21 419.30 Td (of ) Tj ET Q q 0 0 0 rg BT 205.10 419.30 Td (properties ) Tj ET Q q 0 0 0 rg BT 242.14 419.30 Td (based ) Tj ET Q q 0 0 0 rg BT 265.76 419.30 Td (upon ) Tj ET Q q 0 0 0 rg BT 285.48 419.30 Td (either ) Tj ET Q q 0 0 0 rg BT 307.36 419.30 Td (the ) Tj ET Q q 0 0 0 rg BT 320.59 419.30 Td (overall ) Tj ET Q q 0 0 0 rg BT 345.93 419.30 Td (income ) Tj ET Q q 0 0 0 rg BT 373.43 419.30 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 420.87 419.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 436.69 419.30 Td (method, ) Tj ET Q q 0 0 0 rg BT 467.23 419.30 Td (discounted ) Tj ET Q q 0 0 0 rg BT 507.31 419.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 526.16 419.30 Td (flow ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 407.90 Td (method, ) Tj ET Q q 0 0 0 rg BT 102.20 407.90 Td (direct ) Tj ET Q q 0 0 0 rg BT 123.29 407.90 Td (comparison ) Tj ET Q q 0 0 0 rg BT 165.61 407.90 Td (approach ) Tj ET Q q 0 0 0 rg BT 200.14 407.90 Td (or ) Tj ET Q q 0 0 0 rg BT 209.11 407.90 Td (through ) Tj ET Q q 0 0 0 rg BT 237.58 407.90 Td (a ) Tj ET Q q 0 0 0 rg BT 243.95 407.90 Td (combination ) Tj ET Q q 0 0 0 rg BT 288.01 407.90 Td (of ) Tj ET Q q 0 0 0 rg BT 296.55 407.90 Td (methods. ) Tj ET Q q 0 0 0 rg BT 330.24 407.90 Td (All ) Tj ET Q q 0 0 0 rg BT 340.94 407.90 Td (methods ) Tj ET Q q 0 0 0 rg BT 372.87 407.90 Td (are ) Tj ET Q q 0 0 0 rg BT 386.17 407.90 Td (generally ) Tj ET Q q 0 0 0 rg BT 419.83 407.90 Td (accepted ) Tj ET Q q 0 0 0 rg BT 453.50 407.90 Td (appraisal ) Tj ET Q q 0 0 0 rg BT 487.16 407.90 Td (methodologies. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 396.50 Td (The ) Tj ET Q q 0 0 0 rg BT 87.60 396.50 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 129.19 396.50 Td (methodology ) Tj ET Q q 0 0 0 rg BT 175.98 396.50 Td (is ) Tj ET Q q 0 0 0 rg BT 183.79 396.50 Td (selected ) Tj ET Q q 0 0 0 rg BT 214.98 396.50 Td (by ) Tj ET Q q 0 0 0 rg BT 225.39 396.50 Td (management ) Tj ET Q q 0 0 0 rg BT 273.04 396.50 Td (considering ) Tj ET Q q 0 0 0 rg BT 315.06 396.50 Td (the ) Tj ET Q q 0 0 0 rg BT 328.07 396.50 Td (nature ) Tj ET Q q 0 0 0 rg BT 352.34 396.50 Td (of ) Tj ET Q q 0 0 0 rg BT 361.02 396.50 Td (the ) Tj ET Q q 0 0 0 rg BT 374.03 396.50 Td (property ) Tj ET Q q 0 0 0 rg BT 404.79 396.50 Td (and ) Tj ET Q q 0 0 0 rg BT 419.96 396.50 Td (availability ) Tj ET Q q 0 0 0 rg BT 458.08 396.50 Td (of ) Tj ET Q q 0 0 0 rg BT 466.76 396.50 Td (information. ) Tj ET Q q 0 0 0 rg BT 509.64 396.50 Td ( ) Tj ET Q q 0 0 0 rg BT 511.82 396.50 Td (If ) Tj ET Q q 0 0 0 rg BT 518.33 396.50 Td (a ) Tj ET Q q 0 0 0 rg BT 524.84 396.50 Td (third ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 385.10 Td (party ) Tj ET Q q 0 0 0 rg BT 91.13 385.10 Td (appraisal ) Tj ET Q q 0 0 0 rg BT 124.56 385.10 Td (is ) Tj ET Q q 0 0 0 rg BT 132.00 385.10 Td (not ) Tj ET Q q 0 0 0 rg BT 144.65 385.10 Td (obtained ) Tj ET Q q 0 0 0 rg BT 176.35 385.10 Td (for ) Tj ET Q q 0 0 0 rg BT 187.26 385.10 Td (a ) Tj ET Q q 0 0 0 rg BT 193.40 385.10 Td (property) Tj ET Q q 0 0 0 rg BT 221.41 385.10 Td (, ) Tj ET Q q 0 0 0 rg BT 225.39 385.10 Td (management ) Tj ET Q q 0 0 0 rg BT 272.68 385.10 Td (uses ) Tj ET Q q 0 0 0 rg BT 290.95 385.10 Td (one ) Tj ET Q q 0 0 0 rg BT 305.76 385.10 Td (or ) Tj ET Q q 0 0 0 rg BT 314.50 385.10 Td (a ) Tj ET Q q 0 0 0 rg BT 320.64 385.10 Td (combination ) Tj ET Q q 0 0 0 rg BT 364.46 385.10 Td (of ) Tj ET Q q 0 0 0 rg BT 372.78 385.10 Td (the ) Tj ET Q q 0 0 0 rg BT 385.42 385.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 410.18 385.10 Td (income ) Tj ET Q q 0 0 0 rg BT 437.11 385.10 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 483.96 385.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 499.20 385.10 Td (method ) Tj ET Q q 0 0 0 rg BT 527.00 385.10 Td (and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 373.70 Td (the ) Tj ET Q q 0 0 0 rg BT 85.50 373.70 Td (discounted ) Tj ET Q q 0 0 0 rg BT 125.84 373.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 144.97 373.70 Td (flow ) Tj ET Q q 0 0 0 rg BT 161.48 373.70 Td (method. ) Tj ET Q q 0 0 0 rg BT 192.30 373.70 Td (In ) Tj ET Q q 0 0 0 rg BT 201.46 373.70 Td (certain ) Tj ET Q q 0 0 0 rg BT 227.51 373.70 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 279.96 373.70 Td (the ) Tj ET Q q 0 0 0 rg BT 293.46 373.70 Td (direct ) Tj ET Q q 0 0 0 rg BT 315.17 373.70 Td (comparison ) Tj ET Q q 0 0 0 rg BT 358.11 373.70 Td (approach ) Tj ET Q q 0 0 0 rg BT 393.25 373.70 Td (is ) Tj ET Q q 0 0 0 rg BT 401.55 373.70 Td (used ) Tj ET Q q 0 0 0 rg BT 421.10 373.70 Td (by ) Tj ET Q q 0 0 0 rg BT 432.00 373.70 Td (comparing ) Tj ET Q q 0 0 0 rg BT 471.03 373.70 Td (properties ) Tj ET Q q 0 0 0 rg BT 508.34 373.70 Td (to ) Tj ET Q q 0 0 0 rg BT 517.50 373.70 Td (similar ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 362.30 Td (properties ) Tj ET Q q 0 0 0 rg BT 108.63 362.30 Td (that ) Tj ET Q q 0 0 0 rg BT 123.62 362.30 Td (have ) Tj ET Q q 0 0 0 rg BT 142.50 362.30 Td (sold, ) Tj ET Q q 0 0 0 rg BT 160.95 362.30 Td (but ) Tj ET Q q 0 0 0 rg BT 173.77 362.30 Td (adjusting ) Tj ET Q q 0 0 0 rg BT 206.95 362.30 Td (for ) Tj ET Q q 0 0 0 rg BT 218.03 362.30 Td (dif) Tj ET Q q 0 0 0 rg BT 226.13 362.30 Td (ferences ) Tj ET Q q 0 0 0 rg BT 258.00 362.30 Td (in ) Tj ET Q q 0 0 0 rg BT 266.05 362.30 Td (the ) Tj ET Q q 0 0 0 rg BT 278.87 362.30 Td (nature ) Tj ET Q q 0 0 0 rg BT 302.95 362.30 Td (and ) Tj ET Q q 0 0 0 rg BT 317.94 362.30 Td (location ) Tj ET Q q 0 0 0 rg BT 346.78 362.30 Td (of ) Tj ET Q q 0 0 0 rg BT 355.27 362.30 Td (the ) Tj ET Q q 0 0 0 rg BT 368.09 362.30 Td (properties. ) Tj ET Q q 0 0 0 rg BT 406.89 362.30 Td (Under ) Tj ET Q q 0 0 0 rg BT 430.10 362.30 Td (the ) Tj ET Q q 0 0 0 rg BT 442.92 362.30 Td (overall ) Tj ET Q q 0 0 0 rg BT 467.85 362.30 Td (income ) Tj ET Q q 0 0 0 rg BT 494.96 362.30 Td (capitalization ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 350.90 Td (rate ) Tj ET Q q 0 0 0 rg BT 87.20 350.90 Td (method, ) Tj ET Q q 0 0 0 rg BT 117.12 350.90 Td (year ) Tj ET Q q 0 0 0 rg BT 134.05 350.90 Td (one ) Tj ET Q q 0 0 0 rg BT 148.82 350.90 Td (income ) Tj ET Q q 0 0 0 rg BT 175.71 350.90 Td (is ) Tj ET Q q 0 0 0 rg BT 183.11 350.90 Td (stabilized ) Tj ET Q q 0 0 0 rg BT 217.36 350.90 Td (and ) Tj ET Q q 0 0 0 rg BT 232.13 350.90 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 270.72 350.90 Td (at ) Tj ET Q q 0 0 0 rg BT 278.99 350.90 Td (a ) Tj ET Q q 0 0 0 rg BT 285.10 350.90 Td (rate ) Tj ET Q q 0 0 0 rg BT 300.29 350.90 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 341.48 350.90 Td (for ) Tj ET Q q 0 0 0 rg BT 352.34 350.90 Td (each ) Tj ET Q q 0 0 0 rg BT 371.01 350.90 Td (property) Tj ET Q q 0 0 0 rg BT 399.02 350.90 Td (. ) Tj ET Q q 0 0 0 rg BT 402.96 350.90 Td (Under ) Tj ET Q q 0 0 0 rg BT 425.95 350.90 Td (the ) Tj ET Q q 0 0 0 rg BT 438.55 350.90 Td (discounted ) Tj ET Q q 0 0 0 rg BT 478.01 350.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 496.24 350.90 Td (flow ) Tj ET Q q 0 0 0 rg BT 511.86 350.90 Td (method, ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 339.50 Td (fair ) Tj ET Q q 0 0 0 rg BT 84.86 339.50 Td (values ) Tj ET Q q 0 0 0 rg BT 109.41 339.50 Td (are ) Tj ET Q q 0 0 0 rg BT 122.71 339.50 Td (primarily ) Tj ET Q q 0 0 0 rg BT 154.17 339.50 Td (determined ) Tj ET Q q 0 0 0 rg BT 195.18 339.50 Td (by ) Tj ET Q q 0 0 0 rg BT 205.45 339.50 Td (discounting ) Tj ET Q q 0 0 0 rg BT 246.90 339.50 Td (the ) Tj ET Q q 0 0 0 rg BT 259.76 339.50 Td (expected ) Tj ET Q q 0 0 0 rg BT 293.42 339.50 Td (future ) Tj ET Q q 0 0 0 rg BT 315.38 339.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 333.87 339.50 Td (flows, ) Tj ET Q q 0 0 0 rg BT 355.82 339.50 Td (generally ) Tj ET Q q 0 0 0 rg BT 389.47 339.50 Td (over ) Tj ET Q q 0 0 0 rg BT 406.66 339.50 Td (a ) Tj ET Q q 0 0 0 rg BT 413.03 339.50 Td (term ) Tj ET Q q 0 0 0 rg BT 430.65 339.50 Td (of ) Tj ET Q q 0 0 0 rg BT 439.18 339.50 Td (10 ) Tj ET Q q 0 0 0 rg BT 449.88 339.50 Td (years, ) Tj ET Q q 0 0 0 rg BT 473.13 339.50 Td (including ) Tj ET Q q 0 0 0 rg BT 505.92 339.50 Td (a ) Tj ET Q q 0 0 0 rg BT 512.29 339.50 Td (terminal ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 328.10 Td (value ) Tj ET Q q 0 0 0 rg BT 93.03 328.10 Td (based ) Tj ET Q q 0 0 0 rg BT 116.67 328.10 Td (on ) Tj ET Q q 0 0 0 rg BT 127.75 328.10 Td (the ) Tj ET Q q 0 0 0 rg BT 140.99 328.10 Td (application ) Tj ET Q q 0 0 0 rg BT 180.65 328.10 Td (of ) Tj ET Q q 0 0 0 rg BT 189.55 328.10 Td (a ) Tj ET Q q 0 0 0 rg BT 196.30 328.10 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 243.75 328.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 259.58 328.10 Td (to ) Tj ET Q q 0 0 0 rg BT 268.49 328.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 304.68 328.10 Td (year ) Tj ET Q q 0 0 0 rg BT 322.25 328.10 Td (1) Tj ET Q q 0 0 0 rg BT 326.01 328.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 332.75 328.10 Td (net ) Tj ET Q q 0 0 0 rg BT 345.99 328.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 380.89 328.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 410.58 328.10 Td ( ) Tj ET Q q 0 0 0 rg BT 412.99 328.10 Td (Capitalization ) Tj ET Q q 0 0 0 rg BT 462.17 328.10 Td (and ) Tj ET Q q 0 0 0 rg BT 477.57 328.10 Td (discount ) Tj ET Q q 0 0 0 rg BT 509.00 328.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 528.73 328.10 Td (are ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 316.70 Td (the ) Tj ET Q q 0 0 0 rg BT 85.40 316.70 Td (most ) Tj ET Q q 0 0 0 rg BT 104.85 316.70 Td (significant ) Tj ET Q q 0 0 0 rg BT 142.06 316.70 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 188.37 316.70 Td (in ) Tj ET Q q 0 0 0 rg BT 197.00 316.70 Td (determining ) Tj ET Q q 0 0 0 rg BT 240.27 316.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 253.66 316.70 Td (value. ) Tj ET Q q 0 0 0 rg BT 276.86 316.70 Td (The ) Tj ET Q q 0 0 0 rg BT 292.85 316.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 310.46 316.70 Td ( ) Tj ET Q q 0 0 0 rg BT 313.02 316.70 Td (uses ) Tj ET Q q 0 0 0 rg BT 332.05 316.70 Td (leasing ) Tj ET Q q 0 0 0 rg BT 359.30 316.70 Td (history) Tj ET Q q 0 0 0 rg BT 381.68 316.70 Td (, ) Tj ET Q q 0 0 0 rg BT 386.41 316.70 Td (market ) Tj ET Q q 0 0 0 rg BT 412.79 316.70 Td (reports, ) Tj ET Q q 0 0 0 rg BT 441.77 316.70 Td (tenant ) Tj ET Q q 0 0 0 rg BT 466.00 316.70 Td (profiles ) Tj ET Q q 0 0 0 rg BT 493.68 316.70 Td (and ) Tj ET Q q 0 0 0 rg BT 509.24 316.70 Td (available ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 305.30 Td (appraisals, ) Tj ET Q q 0 0 0 rg BT 111.84 305.30 Td (among ) Tj ET Q q 0 0 0 rg BT 137.83 305.30 Td (other ) Tj ET Q q 0 0 0 rg BT 157.75 305.30 Td (evidence, ) Tj ET Q q 0 0 0 rg BT 193.27 305.30 Td (in ) Tj ET Q q 0 0 0 rg BT 201.50 305.30 Td (determining ) Tj ET Q q 0 0 0 rg BT 244.37 305.30 Td (the ) Tj ET Q q 0 0 0 rg BT 257.37 305.30 Td (most ) Tj ET Q q 0 0 0 rg BT 276.42 305.30 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 318.00 305.30 Td (assumptions. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 287.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.13 287.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 99.65 287.90 Td (values ) Tj ET Q q 0 0 0 rg BT 123.87 287.90 Td (of ) Tj ET Q q 0 0 0 rg BT 132.08 287.90 Td (properties ) Tj ET Q q 0 0 0 rg BT 168.42 287.90 Td (are ) Tj ET Q q 0 0 0 rg BT 181.38 287.90 Td (measured ) Tj ET Q q 0 0 0 rg BT 217.73 287.90 Td (individually ) Tj ET Q q 0 0 0 rg BT 257.54 287.90 Td (without ) Tj ET Q q 0 0 0 rg BT 283.92 287.90 Td (consideration ) Tj ET Q q 0 0 0 rg BT 331.96 287.90 Td (to ) Tj ET Q q 0 0 0 rg BT 340.17 287.90 Td (their ) Tj ET Q q 0 0 0 rg BT 357.02 287.90 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 393.81 287.90 Td (value ) Tj ET Q q 0 0 0 rg BT 414.14 287.90 Td (on ) Tj ET Q q 0 0 0 rg BT 424.51 287.90 Td (a ) Tj ET Q q 0 0 0 rg BT 430.54 287.90 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 459.96 287.90 Td (basis. ) Tj ET Q q 0 0 0 rg BT 482.02 287.90 Td (No ) Tj ET Q q 0 0 0 rg BT 493.67 287.90 Td (consideration ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 276.50 Td (is ) Tj ET Q q 0 0 0 rg BT 79.18 276.50 Td (given ) Tj ET Q q 0 0 0 rg BT 99.36 276.50 Td (to ) Tj ET Q q 0 0 0 rg BT 107.41 276.50 Td (diversification ) Tj ET Q q 0 0 0 rg BT 156.16 276.50 Td (benefits ) Tj ET Q q 0 0 0 rg BT 185.00 276.50 Td (related ) Tj ET Q q 0 0 0 rg BT 210.38 276.50 Td (to ) Tj ET Q q 0 0 0 rg BT 218.43 276.50 Td (single ) Tj ET Q q 0 0 0 rg BT 240.34 276.50 Td (property ) Tj ET Q q 0 0 0 rg BT 270.47 276.50 Td (tenant ) Tj ET Q q 0 0 0 rg BT 293.69 276.50 Td (risk ) Tj ET Q q 0 0 0 rg BT 307.35 276.50 Td (and ) Tj ET Q q 0 0 0 rg BT 321.90 276.50 Td (geography) Tj ET Q q 0 0 0 rg BT 358.15 276.50 Td (, ) Tj ET Q q 0 0 0 rg BT 361.87 276.50 Td (the ) Tj ET Q q 0 0 0 rg BT 374.26 276.50 Td (value ) Tj ET Q q 0 0 0 rg BT 394.43 276.50 Td (of ) Tj ET Q q 0 0 0 rg BT 402.48 276.50 Td (assembling ) Tj ET Q q 0 0 0 rg BT 443.44 276.50 Td (a ) Tj ET Q q 0 0 0 rg BT 449.33 276.50 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 478.60 276.50 Td (or ) Tj ET Q q 0 0 0 rg BT 487.08 276.50 Td (to ) Tj ET Q q 0 0 0 rg BT 495.13 276.50 Td (the ) Tj ET Q q 0 0 0 rg BT 507.51 276.50 Td (utilization ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 265.10 Td (of ) Tj ET Q q 0 0 0 rg BT 80.87 265.10 Td (a ) Tj ET Q q 0 0 0 rg BT 87.58 265.10 Td (common ) Tj ET Q q 0 0 0 rg BT 119.82 265.10 Td (management ) Tj ET Q q 0 0 0 rg BT 167.67 265.10 Td (platform, ) Tj ET Q q 0 0 0 rg BT 200.35 265.10 Td (amongst ) Tj ET Q q 0 0 0 rg BT 232.61 265.10 Td (other ) Tj ET Q q 0 0 0 rg BT 252.74 265.10 Td (benefits. ) Tj ET Q q 0 0 0 rg BT 284.10 265.10 Td (As ) Tj ET Q q 0 0 0 rg BT 295.56 265.10 Td (a ) Tj ET Q q 0 0 0 rg BT 302.27 265.10 Td (result, ) Tj ET Q q 0 0 0 rg BT 325.86 265.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.06 265.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 352.26 265.10 Td (value ) Tj ET Q q 0 0 0 rg BT 373.26 265.10 Td (of ) Tj ET Q q 0 0 0 rg BT 382.13 265.10 Td (the ) Tj ET Q q 0 0 0 rg BT 395.33 265.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 414.67 265.10 Td (s ) Tj ET Q q 0 0 0 rg BT 420.94 265.10 Td (properties ) Tj ET Q q 0 0 0 rg BT 457.95 265.10 Td (taken ) Tj ET Q q 0 0 0 rg BT 479.39 265.10 Td (in ) Tj ET Q q 0 0 0 rg BT 487.82 265.10 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 525.28 265.10 Td (may ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 253.70 Td (dif) Tj ET Q q 0 0 0 rg BT 80.09 253.70 Td (fer ) Tj ET Q q 0 0 0 rg BT 90.86 253.70 Td (from ) Tj ET Q q 0 0 0 rg BT 108.12 253.70 Td (the ) Tj ET Q q 0 0 0 rg BT 120.63 253.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 133.12 253.70 Td (value ) Tj ET Q q 0 0 0 rg BT 153.42 253.70 Td (of ) Tj ET Q q 0 0 0 rg BT 161.60 253.70 Td (properties ) Tj ET Q q 0 0 0 rg BT 197.91 253.70 Td (measured ) Tj ET Q q 0 0 0 rg BT 234.23 253.70 Td (individually ) Tj ET Q q 0 0 0 rg BT 274.01 253.70 Td (in ) Tj ET Q q 0 0 0 rg BT 281.75 253.70 Td (the ) Tj ET Q q 0 0 0 rg BT 294.26 253.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 313.60 253.70 Td (s ) Tj ET Q q 0 0 0 rg BT 319.17 253.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 364.59 253.70 Td (statements ) Tj ET Q q 0 0 0 rg BT 404.38 253.70 Td (of ) Tj ET Q q 0 0 0 rg BT 412.55 253.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 442.81 253.70 Td (position. ) Tj ET Q q 0 0 0 rg BT 473.51 253.70 Td (Under ) Tj ET Q q 0 0 0 rg BT 496.39 253.70 Td (the ) Tj ET Q q 0 0 0 rg BT 508.90 253.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 521.40 253.70 Td (value ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 242.30 Td (hierarchy) Tj ET Q q 0 0 0 rg BT 103.47 242.30 Td (, ) Tj ET Q q 0 0 0 rg BT 107.80 242.30 Td (the ) Tj ET Q q 0 0 0 rg BT 120.80 242.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 133.79 242.30 Td (value ) Tj ET Q q 0 0 0 rg BT 154.58 242.30 Td (of ) Tj ET Q q 0 0 0 rg BT 163.25 242.30 Td (the ) Tj ET Q q 0 0 0 rg BT 176.24 242.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 195.58 242.30 Td (s ) Tj ET Q q 0 0 0 rg BT 201.65 242.30 Td (properties ) Tj ET Q q 0 0 0 rg BT 238.46 242.30 Td (is ) Tj ET Q q 0 0 0 rg BT 246.25 242.30 Td (determined ) Tj ET Q q 0 0 0 rg BT 287.39 242.30 Td (using ) Tj ET Q q 0 0 0 rg BT 308.18 242.30 Td (the ) Tj ET Q q 0 0 0 rg BT 321.18 242.30 Td (methodology ) Tj ET Q q 0 0 0 rg BT 367.96 242.30 Td (described ) Tj ET Q q 0 0 0 rg BT 403.90 242.30 Td (above ) Tj ET Q q 0 0 0 rg BT 427.30 242.30 Td (and ) Tj ET Q q 0 0 0 rg BT 442.46 242.30 Td (using ) Tj ET Q q 0 0 0 rg BT 463.25 242.30 Td (level ) Tj ET Q q 0 0 0 rg BT 481.44 242.30 Td (3 ) Tj ET Q q 0 0 0 rg BT 487.94 242.30 Td (inputs.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 224.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.69 224.90 Td (following ) Tj ET Q q 0 0 0 rg BT 120.27 224.90 Td (table ) Tj ET Q q 0 0 0 rg BT 139.43 224.90 Td (presents ) Tj ET Q q 0 0 0 rg BT 171.58 224.90 Td (a ) Tj ET Q q 0 0 0 rg BT 178.17 224.90 Td (summary ) Tj ET Q q 0 0 0 rg BT 212.47 224.90 Td (of ) Tj ET Q q 0 0 0 rg BT 221.24 224.90 Td (the ) Tj ET Q q 0 0 0 rg BT 234.33 224.90 Td (discount, ) Tj ET Q q 0 0 0 rg BT 267.79 224.90 Td (terminal ) Tj ET Q q 0 0 0 rg BT 297.76 224.90 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 345.07 224.90 Td (and ) Tj ET Q q 0 0 0 rg BT 360.33 224.90 Td (stabilized ) Tj ET Q q 0 0 0 rg BT 395.08 224.90 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 442.39 224.90 Td (rates ) Tj ET Q q 0 0 0 rg BT 461.98 224.90 Td (for ) Tj ET Q q 0 0 0 rg BT 473.34 224.90 Td (the ) Tj ET Q q 0 0 0 rg BT 486.43 224.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 499.52 224.90 Td (value ) Tj ET Q q 0 0 0 rg BT 520.41 224.90 Td (of ) Tj ET Q q 0 0 0 rg BT 529.18 224.90 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 213.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 91.34 213.50 Td (s ) Tj ET Q q 0 0 0 rg BT 97.40 213.50 Td (properties:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 197 m 142.5 197 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 183 m 142.5 183 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 197 m 208.5 197 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 142.5 183 m 208.5 183 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 197 m 274.5 197 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 208.5 183 m 274.5 183 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 197 m 340.5 197 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 274.5 183 m 340.5 183 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 197 m 406.5 197 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 340.5 183 m 406.5 183 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 197 m 472.5 197 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 183 m 472.5 183 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 197 m 538.5 197 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 472.5 183 m 538.5 183 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 150 m 142.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 142.5 150 m 208.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 208.5 150 m 274.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 274.5 150 m 340.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 340.5 150 m 406.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 150 m 472.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 472.5 150 m 538.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 142.5 150 m 208.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 208.5 150 m 274.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 274.5 150 m 340.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 340.5 150 m 406.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 150 m 472.5 150 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 472.5 150 m 538.5 150 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 109 m 142.5 109 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 109 m 208.5 109 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 109 m 274.5 109 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 109 m 340.5 109 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 109 m 406.5 109 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 109 m 472.5 109 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 109 m 538.5 109 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 213.25 187.53 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 404.75 187.53 Td (December 31, 2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 171.65 164.03 Td (Discount) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 190.70 154.53 Td (rate) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 239.05 173.53 Td (T) Tj ET Q q 0 0 0 rg BT 243.24 173.53 Td (erminal) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 221.60 164.03 Td (capitalization) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 256.70 154.53 Td (rate) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 286.35 164.03 Td (Capitalization) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 314.35 154.53 Td (rate ) Tj ET Q BT /F3 9.50 Tf ET BT /F3 6.17 Tf ET q 0 0 0 rg BT 330.80 156.96 Td (\(1\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 372.65 164.03 Td (Discount) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 389.55 154.53 Td (rate) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 439.55 173.53 Td (T) Tj ET Q q 0 0 0 rg BT 443.45 173.53 Td (erminal) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 423.95 164.03 Td (capitalization) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.55 154.53 Td (rate) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 488.20 164.03 Td (Capitalization) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.20 154.53 Td (rate ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 528.79 156.96 Td (\(1\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 140.58 Td (Minimum) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 185.85 140.58 Td (6.25) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 201.05 140.58 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 251.85 140.58 Td (6.25) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 267.05 140.58 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 317.85 140.58 Td (4.35) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 333.05 140.58 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.85 140.58 Td (6.25) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.05 140.58 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.85 140.58 Td (6.25) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 465.05 140.58 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.85 140.58 Td (4.37) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 531.05 140.58 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 127.58 Td (Maximum) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 181.55 127.63 Td (1) Tj ET Q q 0 0 0 rg BT 185.88 127.63 Td (1.00) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 201.05 127.58 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 251.85 127.58 Td (9.00) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 267.05 127.58 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 313.55 127.58 Td (1) Tj ET Q q 0 0 0 rg BT 317.88 127.58 Td (1.82) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 333.05 127.58 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 379.55 127.58 Td (1) Tj ET Q q 0 0 0 rg BT 383.88 127.58 Td (1.00) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.05 127.58 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.85 127.58 Td (9.00) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 465.05 127.58 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 511.55 127.58 Td (1) Tj ET Q q 0 0 0 rg BT 515.88 127.58 Td (1.85) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 531.05 127.58 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 113.53 Td (W) Tj ET Q q 0 0 0 rg BT 82.22 113.53 Td (eighted average) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 185.85 113.53 Td (7.30) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 201.05 113.53 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 251.85 113.53 Td (6.76) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 267.05 113.53 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 317.85 113.53 Td (6.35) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 333.05 113.53 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.85 113.53 Td (7.27) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.05 113.53 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.85 113.53 Td (6.81) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 465.05 113.53 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.85 113.53 Td (6.21) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 531.05 113.53 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 100.50 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 81.29 100.50 Td ( ) Tj ET Q q 0 0 0 rg BT 83.06 100.50 Td (Represents ) Tj ET Q q 0 0 0 rg BT 116.29 100.50 Td (the ) Tj ET Q q 0 0 0 rg BT 126.61 100.50 Td (going-in ) Tj ET Q q 0 0 0 rg BT 150.27 100.50 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 187.60 100.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 199.98 100.50 Td (on ) Tj ET Q q 0 0 0 rg BT 208.59 100.50 Td (the ) Tj ET Q q 0 0 0 rg BT 218.92 100.50 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 238.95 100.50 Td (properties ) Tj ET Q q 0 0 0 rg BT 268.08 100.50 Td (based ) Tj ET Q q 0 0 0 rg BT 286.61 100.50 Td (on ) Tj ET Q q 0 0 0 rg BT 295.22 100.50 Td (management's ) Tj ET Q q 0 0 0 rg BT 337.15 100.50 Td (estimate ) Tj ET Q q 0 0 0 rg BT 362.17 100.50 Td (of ) Tj ET Q q 0 0 0 rg BT 369.08 100.50 Td (twelve-month ) Tj ET Q q 0 0 0 rg BT 407.43 100.50 Td (forward ) Tj ET Q q 0 0 0 rg BT 429.71 100.50 Td (NOI. ) Tj ET Q q 0 0 0 rg BT 444.02 100.50 Td (The ) Tj ET Q q 0 0 0 rg BT 456.39 100.50 Td (figures ) Tj ET Q q 0 0 0 rg BT 476.62 100.50 Td (presented ) Tj ET Q q 0 0 0 rg BT 505.75 100.50 Td (are ) Tj ET Q q 0 0 0 rg BT 516.42 100.50 Td (inclusive ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 91.50 Td (of ) Tj ET Q q 0 0 0 rg BT 78.58 91.50 Td (both ) Tj ET Q q 0 0 0 rg BT 92.00 91.50 Td (those ) Tj ET Q q 0 0 0 rg BT 108.49 91.50 Td (properties ) Tj ET Q q 0 0 0 rg BT 137.29 91.50 Td (where ) Tj ET Q q 0 0 0 rg BT 155.48 91.50 Td (the ) Tj ET Q q 0 0 0 rg BT 165.48 91.50 Td (direct ) Tj ET Q q 0 0 0 rg BT 181.96 91.50 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 218.97 91.50 Td (approach ) Tj ET Q q 0 0 0 rg BT 246.06 91.50 Td (has ) Tj ET Q q 0 0 0 rg BT 257.43 91.50 Td (been ) Tj ET Q q 0 0 0 rg BT 272.55 91.50 Td (used ) Tj ET Q q 0 0 0 rg BT 287.34 91.50 Td (as ) Tj ET Q q 0 0 0 rg BT 295.28 91.50 Td (well ) Tj ET Q q 0 0 0 rg BT 307.32 91.50 Td (as ) Tj ET Q q 0 0 0 rg BT 315.26 91.50 Td (those ) Tj ET Q q 0 0 0 rg BT 331.75 91.50 Td (properties ) Tj ET Q q 0 0 0 rg BT 360.55 91.50 Td (where ) Tj ET Q q 0 0 0 rg BT 378.74 91.50 Td (the ) Tj ET Q q 0 0 0 rg BT 388.74 91.50 Td (primary ) Tj ET Q q 0 0 0 rg BT 410.69 91.50 Td (valuation ) Tj ET Q q 0 0 0 rg BT 436.76 91.50 Td (methodology ) Tj ET Q q 0 0 0 rg BT 473.42 91.50 Td (was ) Tj ET Q q 0 0 0 rg BT 485.80 91.50 Td (the ) Tj ET Q q 0 0 0 rg BT 495.80 91.50 Td (discounted ) Tj ET Q q 0 0 0 rg BT 527.00 91.50 Td (cash ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 82.50 Td (flow ) Tj ET Q q 0 0 0 rg BT 84.65 82.50 Td (approach. ) Tj ET Q q 0 0 0 rg BT 113.71 82.50 Td ( ) Tj ET Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.50 42.95 Td (Page 1) Tj ET Q q 0 0 0 rg BT 324.35 42.95 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (At ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 82.03 695.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 119.33 695.10 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 136.66 695.10 Td (, ) Tj ET Q q 0 0 0 rg BT 141.49 695.10 Td (a ) Tj ET Q q 0 0 0 rg BT 148.49 695.10 Td (25 ) Tj ET Q q 0 0 0 rg BT 159.82 695.10 Td (basis-point ) Tj ET Q q 0 0 0 rg BT 200.16 695.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 232.27 695.10 Td (in ) Tj ET Q q 0 0 0 rg BT 241.00 695.10 Td (discount, ) Tj ET Q q 0 0 0 rg BT 274.85 695.10 Td (terminal ) Tj ET Q q 0 0 0 rg BT 305.22 695.10 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 352.93 695.10 Td (and ) Tj ET Q q 0 0 0 rg BT 368.59 695.10 Td (stabilized ) Tj ET Q q 0 0 0 rg BT 403.74 695.10 Td (capitalization ) Tj ET Q q 0 0 0 rg BT 451.45 695.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 471.43 695.10 Td (would ) Tj ET Q q 0 0 0 rg BT 494.45 695.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 529.16 695.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 683.70 Td (estimated ) Tj ET Q q 0 0 0 rg BT 107.95 683.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 120.94 683.70 Td (value ) Tj ET Q q 0 0 0 rg BT 141.73 683.70 Td (of ) Tj ET Q q 0 0 0 rg BT 150.39 683.70 Td (the ) Tj ET Q q 0 0 0 rg BT 163.39 683.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 182.73 683.70 Td (s ) Tj ET Q q 0 0 0 rg BT 188.79 683.70 Td (properties ) Tj ET Q q 0 0 0 rg BT 225.60 683.70 Td (by ) Tj ET Q q 0 0 0 rg BT 236.00 683.70 Td (approximately ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 286.66 683.70 Td ($63.6 ) Tj ET Q q 0 0 0 rg BT 308.32 683.70 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.40 683.70 Td ( ) Tj ET Q q 0 0 0 rg BT 332.57 683.70 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 335.16 683.70 Td (December31, ) Tj ET Q q 0 0 0 rg BT 386.26 683.70 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 403.59 683.70 Td ( ) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 405.75 683.70 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 412.88 683.70 Td ($50.6 ) Tj ET Q q 0 0 0 rg BT 434.54 683.70 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 456.62 683.70 Td (\). ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 666.30 Td (The ) Tj ET Q q 0 0 0 rg BT 87.44 666.30 Td (following ) Tj ET Q q 0 0 0 rg BT 119.76 666.30 Td (table ) Tj ET Q q 0 0 0 rg BT 138.67 666.30 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 182.67 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 195.51 666.30 Td (number ) Tj ET Q q 0 0 0 rg BT 223.94 666.30 Td (of ) Tj ET Q q 0 0 0 rg BT 232.45 666.30 Td (external ) Tj ET Q q 0 0 0 rg BT 262.18 666.30 Td (appraisals ) Tj ET Q q 0 0 0 rg BT 299.70 666.30 Td (obtained ) Tj ET Q q 0 0 0 rg BT 331.60 666.30 Td (and ) Tj ET Q q 0 0 0 rg BT 346.61 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 359.46 666.30 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 396.56 666.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 409.39 666.30 Td (value ) Tj ET Q q 0 0 0 rg BT 430.03 666.30 Td (represented ) Tj ET Q q 0 0 0 rg BT 473.62 666.30 Td (by ) Tj ET Q q 0 0 0 rg BT 483.86 666.30 Td (such ) Tj ET Q q 0 0 0 rg BT 502.33 666.30 Td (appraisals:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 649.8 m 370.5 649.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 635.8 m 370.5 635.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 649.8 m 458.5 649.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 370.5 635.8 m 458.5 635.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 649.8 m 539.5 649.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 458.5 635.8 m 539.5 635.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 579.8 m 370.5 579.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 579.8 m 458.5 579.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 579.8 m 539.5 579.8 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 375.75 640.33 Td (Number of properties) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 499.15 640.33 Td (Fair V) Tj ET Q q 0 0 0 rg BT 520.37 640.33 Td (alue) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 626.33 Td (June 30, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 446.70 626.38 Td (1) Tj ET Q q 0 0 0 rg BT 451.03 626.38 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 461.00 626.38 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 626.38 Td (462,459) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 612.38 Td (September 30, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 451.05 612.33 Td (2) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 612.33 Td (83,700) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 598.38 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 451.05 598.33 Td (5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 598.33 Td (58,700) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 584.38 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 451.05 584.33 Td (5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 584.33 Td (195,700) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 562.90 Td (5. ) Tj ET Q q 0 0 0 rg BT 80.67 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 82.83 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 85.00 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 87.17 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 562.90 Td ( ) Tj ET Q q 0 0 0 rg BT 93.38 562.90 Td (Acquisitions) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 545.50 Td (On ) Tj ET Q q 0 0 0 rg BT 83.82 545.50 Td (February ) Tj ET Q q 0 0 0 rg BT 116.42 545.50 Td (1, ) Tj ET Q q 0 0 0 rg BT 124.34 545.50 Td (2018, ) Tj ET Q q 0 0 0 rg BT 145.26 545.50 Td (the ) Tj ET Q q 0 0 0 rg BT 157.51 545.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 175.12 545.50 Td ( ) Tj ET Q q 0 0 0 rg BT 176.55 545.50 Td (acquired ) Tj ET Q q 0 0 0 rg BT 207.85 545.50 Td (a ) Tj ET Q q 0 0 0 rg BT 213.61 545.50 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 262.22 545.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 289.20 545.50 Td (in ) Tj ET Q q 0 0 0 rg BT 296.69 545.50 Td (an ) Tj ET Q q 0 0 0 rg BT 306.77 545.50 Td (of) Tj ET Q q 0 0 0 rg BT 313.14 545.50 Td (fice ) Tj ET Q q 0 0 0 rg BT 326.69 545.50 Td (building ) Tj ET Q q 0 0 0 rg BT 354.97 545.50 Td (located ) Tj ET Q q 0 0 0 rg BT 381.51 545.50 Td (at ) Tj ET Q q 0 0 0 rg BT 389.44 545.50 Td (20 ) Tj ET Q q 0 0 0 rg BT 399.52 545.50 Td (South ) Tj ET Q q 0 0 0 rg BT 421.31 545.50 Td (Clark ) Tj ET Q q 0 0 0 rg BT 440.91 545.50 Td (Street, ) Tj ET Q q 0 0 0 rg BT 465.28 545.50 Td (in ) Tj ET Q q 0 0 0 rg BT 472.77 545.50 Td (downtown ) Tj ET Q q 0 0 0 rg BT 509.27 545.50 Td (Chicago, ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 534.10 Td (IL, ) Tj ET Q q 0 0 0 rg BT 82.83 534.10 Td (\("20 ) Tj ET Q q 0 0 0 rg BT 99.02 534.10 Td (South ) Tj ET Q q 0 0 0 rg BT 121.55 534.10 Td (Clark"\) ) Tj ET Q q 0 0 0 rg BT 147.25 534.10 Td (for ) Tj ET Q q 0 0 0 rg BT 158.51 534.10 Td (a ) Tj ET Q q 0 0 0 rg BT 165.00 534.10 Td (price ) Tj ET Q q 0 0 0 rg BT 184.06 534.10 Td (of ) Tj ET Q q 0 0 0 rg BT 192.72 534.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 210.04 534.10 Td ($85.6 ) Tj ET Q q 0 0 0 rg BT 231.70 534.10 Td (million, ) Tj ET Q q 0 0 0 rg BT 258.11 534.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 275.86 534.10 Td (to ) Tj ET Q q 0 0 0 rg BT 284.53 534.10 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 328.70 534.10 Td (and ) Tj ET Q q 0 0 0 rg BT 343.86 534.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 384.14 534.10 Td (costs. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 516.70 Td (On ) Tj ET Q q 0 0 0 rg BT 85.18 516.70 Td (March ) Tj ET Q q 0 0 0 rg BT 109.61 516.70 Td (27, ) Tj ET Q q 0 0 0 rg BT 123.23 516.70 Td (2018, ) Tj ET Q q 0 0 0 rg BT 145.51 516.70 Td (the ) Tj ET Q q 0 0 0 rg BT 159.13 516.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 176.73 516.70 Td ( ) Tj ET Q q 0 0 0 rg BT 179.52 516.70 Td (acquired ) Tj ET Q q 0 0 0 rg BT 212.19 516.70 Td (seven ) Tj ET Q q 0 0 0 rg BT 235.76 516.70 Td (of) Tj ET Q q 0 0 0 rg BT 242.13 516.70 Td (fice ) Tj ET Q q 0 0 0 rg BT 257.04 516.70 Td (properties ) Tj ET Q q 0 0 0 rg BT 294.47 516.70 Td (located ) Tj ET Q q 0 0 0 rg BT 322.38 516.70 Td (in ) Tj ET Q q 0 0 0 rg BT 331.22 516.70 Td (the ) Tj ET Q q 0 0 0 rg BT 344.84 516.70 Td (Greater ) Tj ET Q q 0 0 0 rg BT 373.87 516.70 Td (T) Tj ET Q q 0 0 0 rg BT 377.76 516.70 Td (oronto ) Tj ET Q q 0 0 0 rg BT 402.09 516.70 Td (Area ) Tj ET Q q 0 0 0 rg BT 421.33 516.70 Td (and ) Tj ET Q q 0 0 0 rg BT 436.56 516.70 Td (Atlantic ) Tj ET Q q 0 0 0 rg BT 464.90 516.70 Td (Canada ) Tj ET Q q 0 0 0 rg BT 494.97 516.70 Td (\(the ) Tj ET Q q 0 0 0 rg BT 511.18 516.70 Td ("7 ) Tj ET Q q 0 0 0 rg BT 520.51 516.70 Td (Asset ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 505.30 Td (Portfolio"\) ) Tj ET Q q 0 0 0 rg BT 107.81 505.30 Td (for ) Tj ET Q q 0 0 0 rg BT 118.77 505.30 Td (an ) Tj ET Q q 0 0 0 rg BT 129.30 505.30 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 166.26 505.30 Td (purchase ) Tj ET Q q 0 0 0 rg BT 200.17 505.30 Td (price ) Tj ET Q q 0 0 0 rg BT 218.93 505.30 Td (of ) Tj ET Q q 0 0 0 rg BT 227.29 505.30 Td ($191.4 ) Tj ET Q q 0 0 0 rg BT 252.99 505.30 Td (million ) Tj ET Q q 0 0 0 rg BT 276.94 505.30 Td (prior ) Tj ET Q q 0 0 0 rg BT 294.39 505.30 Td (to ) Tj ET Q q 0 0 0 rg BT 302.75 505.30 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 346.63 505.30 Td (and ) Tj ET Q q 0 0 0 rg BT 361.50 505.30 Td (transaction ) Tj ET Q q 0 0 0 rg BT 401.48 505.30 Td (costs, ) Tj ET Q q 0 0 0 rg BT 423.70 505.30 Td (satisfied ) Tj ET Q q 0 0 0 rg BT 454.15 505.30 Td (in ) Tj ET Q q 0 0 0 rg BT 462.08 505.30 Td (part ) Tj ET Q q 0 0 0 rg BT 477.38 505.30 Td (by ) Tj ET Q q 0 0 0 rg BT 487.47 505.30 Td (the ) Tj ET Q q 0 0 0 rg BT 500.17 505.30 Td (assumption ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 493.90 Td (of ) Tj ET Q q 0 0 0 rg BT 80.67 493.90 Td ($80.0 ) Tj ET Q q 0 0 0 rg BT 102.33 493.90 Td (million ) Tj ET Q q 0 0 0 rg BT 126.57 493.90 Td (of ) Tj ET Q q 0 0 0 rg BT 135.24 493.90 Td (mortgage ) Tj ET Q q 0 0 0 rg BT 170.32 493.90 Td (debt, ) Tj ET Q q 0 0 0 rg BT 189.81 493.90 Td (net ) Tj ET Q q 0 0 0 rg BT 202.81 493.90 Td (of ) Tj ET Q q 0 0 0 rg BT 211.48 493.90 Td (mark-to-market ) Tj ET Q q 0 0 0 rg BT 266.45 493.90 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 310.63 493.90 Td (of ) Tj ET Q q 0 0 0 rg BT 319.29 493.90 Td ($2.1 ) Tj ET Q q 0 0 0 rg BT 336.62 493.90 Td (million. ) Tj ET Q q 0 0 0 rg BT 363.03 493.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 476.50 Td (A) Tj ET Q q 0 0 0 rg BT 76.77 476.50 Td ( summary of these acquisitions are as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 466 m 300.5 466 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 452 m 300.5 452 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 466 m 380.5 466 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 452 m 380.5 452 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 466 m 460.5 466 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 452 m 460.5 452 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 466 m 540.5 466 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 452 m 540.5 452 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 452 m 380.5 452 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 452 m 460.5 452 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 452 m 540.5 452 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 340 m 300.5 340 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 340 m 380.5 340 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 340 m 460.5 340 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 340 m 540.5 340 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 326 m 300.5 326 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 340 m 380.5 340 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 326 m 380.5 326 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 340 m 460.5 340 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 326 m 460.5 326 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 326 m 540.5 326 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 314.10 456.53 Td (20 South Clark ) Tj ET Q BT /F3 9.50 Tf ET BT /F3 6.17 Tf ET q 0 0 0 rg BT 370.81 458.96 Td (\(1\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 395.35 456.53 Td (7 ) Tj ET Q q 0 0 0 rg BT 401.71 456.53 Td (Asset Portfolio) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 518.95 456.53 Td (T) Tj ET Q q 0 0 0 rg BT 523.14 456.53 Td (otal) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 442.53 Td (REIT) Tj ET Q q 0 0 0 rg BT 94.41 442.53 Td (s interest) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 360.05 442.53 Td (100) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 373.05 442.53 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 440.05 442.53 Td (100) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 453.05 442.53 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 428.53 Td (Location) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 337.85 428.53 Td (Chicago, IL) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 422.80 428.53 Td (V) Tj ET Q q 0 0 0 rg BT 427.43 428.53 Td (arious ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 450.81 430.96 Td (\(2\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 414.53 Td (Number of properties) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 368.70 414.53 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 448.70 414.53 Td (7) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 533.05 414.53 Td (8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 400.53 Td (Acquisition date) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 317.65 400.53 Td (February 1, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 402.85 400.53 Td (March 27, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 386.53 Td (Purchase price) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.00 386.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 344.85 386.53 Td (105,247) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.00 386.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 424.85 386.53 Td (191,400) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 463.00 386.53 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 509.20 386.53 Td (296,647) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 372.53 Td (T) Tj ET Q q 0 0 0 rg BT 79.62 372.53 Td (ransaction costs) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.55 372.53 Td (2,930) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 433.55 372.53 Td (7,672) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 513.55 372.53 Td (10,602) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 358.53 Td (Adjustments) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.45 358.53 Td (\(404) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 373.05 358.53 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 430.95 358.53 Td (\(1,242) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 453.05 358.53 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 515.30 358.53 Td (\(1,646) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 537.40 358.53 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 344.53 Td (Debt principal amount assumed) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 365.25 344.53 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 426.60 344.53 Td (\(82,159) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 453.05 344.53 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 510.95 344.53 Td (\(82,159) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 537.40 344.53 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 330.53 Td (Net investment) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.00 330.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 344.85 330.53 Td (107,773) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.00 330.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 424.85 330.53 Td (1) Tj ET Q q 0 0 0 rg BT 429.18 330.53 Td (15,671) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 463.00 330.53 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 509.20 330.53 Td (223,444) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 317.50 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 80.89 317.50 Td (Amounts converted to Canadian dollars using the prevailing exchange rate on the date of acquisition.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 308.50 Td (\(2\) Four assets are located in the Greater ) Tj ET Q q 0 0 0 rg BT 186.43 308.50 Td (T) Tj ET Q q 0 0 0 rg BT 189.51 308.50 Td (oronto ) Tj ET Q q 0 0 0 rg BT 208.32 308.50 Td (Area and three assets are located in ) Tj ET Q q 0 0 0 rg BT 308.52 308.50 Td (Atlantic Canada.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 288.10 Td (The net investment in acquisitions has been allocated as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 277.6 m 299.5 277.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 277.6 m 379.5 277.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 277.6 m 459.5 277.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 277.6 m 539.5 277.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 263.6 m 299.5 263.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 299.5 263.6 m 379.5 263.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 263.6 m 459.5 263.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 263.6 m 539.5 263.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 207.60000000000002 m 299.5 207.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 299.5 207.60000000000002 m 379.5 207.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 207.60000000000002 m 459.5 207.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 207.60000000000002 m 539.5 207.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 193.60000000000002 m 299.5 193.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 193.60000000000002 m 379.5 193.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 193.60000000000002 m 459.5 193.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 193.60000000000002 m 539.5 193.60000000000002 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 313.10 268.13 Td (20 South Clark ) Tj ET Q BT /F3 9.50 Tf ET BT /F3 6.17 Tf ET q 0 0 0 rg BT 369.81 270.56 Td (\(1\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 394.35 268.13 Td (7 ) Tj ET Q q 0 0 0 rg BT 400.71 268.13 Td (Asset Portfolio) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 517.95 268.13 Td (T) Tj ET Q q 0 0 0 rg BT 522.14 268.13 Td (otal) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 254.13 Td (Properties) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 302.00 254.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 348.20 254.13 Td (107,154) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 382.00 254.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.20 254.13 Td (194,026) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 462.00 254.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 508.20 254.13 Td (301,180) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 240.13 Td (W) Tj ET Q q 0 0 0 rg BT 81.22 240.13 Td (orking capital) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 363.40 240.13 Td (619) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 440.80 240.13 Td (\(614) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 456.40 240.13 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 532.05 240.13 Td (5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 226.13 Td (Income supplement ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 144.16 228.56 Td (\(2\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 368.60 226.18 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 436.90 226.13 Td (2,270) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 516.90 226.13 Td (2,270) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 212.13 Td (Debt ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 92.62 214.56 Td (\(3\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 368.60 212.18 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 429.95 212.13 Td (\(80,01) Tj ET Q q 0 0 0 rg BT 452.04 212.13 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 456.40 212.13 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 509.95 212.13 Td (\(80,01) Tj ET Q q 0 0 0 rg BT 532.04 212.13 Td (1) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 536.40 212.13 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 74.00 198.13 Td (Net assets acquired) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 302.00 198.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 348.20 198.13 Td (107,773) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 382.00 198.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.20 198.13 Td (1) Tj ET Q q 0 0 0 rg BT 432.53 198.13 Td (15,671) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 462.00 198.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 508.20 198.13 Td (223,444) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 185.10 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 80.89 185.10 Td (Amounts converted to Canadian dollars using the prevailing exchange rate on the date of acquisition.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 176.10 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 81.00 176.10 Td (The ) Tj ET Q q 0 0 0 rg BT 93.18 176.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 107.08 176.10 Td ( ) Tj ET Q q 0 0 0 rg BT 108.66 176.10 Td (was ) Tj ET Q q 0 0 0 rg BT 121.17 176.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 146.34 176.10 Td (an ) Tj ET Q q 0 0 0 rg BT 154.77 176.10 Td (income ) Tj ET Q q 0 0 0 rg BT 176.17 176.10 Td (supplement ) Tj ET Q q 0 0 0 rg BT 209.55 176.10 Td (in ) Tj ET Q q 0 0 0 rg BT 215.92 176.10 Td (the ) Tj ET Q q 0 0 0 rg BT 226.05 176.10 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 255.33 176.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 277.43 176.10 Td (of ) Tj ET Q q 0 0 0 rg BT 284.14 176.10 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 297.69 176.10 Td (million ) Tj ET Q q 0 0 0 rg BT 316.70 176.10 Td (to ) Tj ET Q q 0 0 0 rg BT 323.41 176.10 Td (be ) Tj ET Q q 0 0 0 rg BT 331.83 176.10 Td (received ) Tj ET Q q 0 0 0 rg BT 356.66 176.10 Td (in ) Tj ET Q q 0 0 0 rg BT 363.02 176.10 Td (equal ) Tj ET Q q 0 0 0 rg BT 379.65 176.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 405.16 176.10 Td (installments ) Tj ET Q q 0 0 0 rg BT 439.22 176.10 Td (in ) Tj ET Q q 0 0 0 rg BT 445.58 176.10 Td (each ) Tj ET Q q 0 0 0 rg BT 460.50 176.10 Td (of ) Tj ET Q q 0 0 0 rg BT 467.21 176.10 Td (the ) Tj ET Q q 0 0 0 rg BT 477.34 176.10 Td (eight ) Tj ET Q q 0 0 0 rg BT 492.26 176.10 Td (calendar ) Tj ET Q q 0 0 0 rg BT 517.43 176.10 Td (quarters ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 167.10 Td (following ) Tj ET Q q 0 0 0 rg BT 97.25 167.10 Td (the ) Tj ET Q q 0 0 0 rg BT 107.11 167.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 137.49 167.10 Td (of ) Tj ET Q q 0 0 0 rg BT 143.94 167.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.81 167.10 Td (7 ) Tj ET Q q 0 0 0 rg BT 158.29 167.10 Td (Asset ) Tj ET Q q 0 0 0 rg BT 174.99 167.10 Td (Portfolio ) Tj ET Q q 0 0 0 rg BT 198.87 167.10 Td (by ) Tj ET Q q 0 0 0 rg BT 206.68 167.10 Td (Slate ) Tj ET Q q 0 0 0 rg BT 222.02 167.10 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 249.66 167.10 Td (Real ) Tj ET Q q 0 0 0 rg BT 263.63 167.10 Td (Estate ) Tj ET Q q 0 0 0 rg BT 282.38 167.10 Td (Opportunity ) Tj ET Q q 0 0 0 rg BT 315.50 167.10 Td (Fund ) Tj ET Q q 0 0 0 rg BT 330.83 167.10 Td (I ) Tj ET Q q 0 0 0 rg BT 333.86 167.10 Td (L.P) Tj ET Q q 0 0 0 rg BT 342.31 167.10 Td (. ) Tj ET Q q 0 0 0 rg BT 345.33 167.10 Td (\("SCREO ) Tj ET Q q 0 0 0 rg BT 372.75 167.10 Td (I ) Tj ET Q q 0 0 0 rg BT 375.78 167.10 Td (L.P) Tj ET Q q 0 0 0 rg BT 384.22 167.10 Td (."\) ) Tj ET Q q 0 0 0 rg BT 391.48 167.10 Td (\(see ) Tj ET Q q 0 0 0 rg BT 404.76 167.10 Td (also ) Tj ET Q q 0 0 0 rg BT 417.36 167.10 Td (note ) Tj ET Q q 0 0 0 rg BT 430.65 167.10 Td (21\). ) Tj ET Q q 0 0 0 rg BT 442.56 167.10 Td ( ) Tj ET Q q 0 0 0 rg BT 443.80 167.10 Td (The ) Tj ET Q q 0 0 0 rg BT 455.71 167.10 Td (income ) Tj ET Q q 0 0 0 rg BT 476.86 167.10 Td (supplement ) Tj ET Q q 0 0 0 rg BT 509.97 167.10 Td (is ) Tj ET Q q 0 0 0 rg BT 515.73 167.10 Td (recorded ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 158.10 Td (as ) Tj ET Q q 0 0 0 rg BT 80.21 158.10 Td (an ) Tj ET Q q 0 0 0 rg BT 88.76 158.10 Td (other ) Tj ET Q q 0 0 0 rg BT 104.49 158.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 120.90 158.10 Td (on ) Tj ET Q q 0 0 0 rg BT 129.45 158.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.71 158.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 175.96 158.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 204.69 158.10 Td (of ) Tj ET Q q 0 0 0 rg BT 211.53 158.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 235.81 158.10 Td (position ) Tj ET Q q 0 0 0 rg BT 258.72 158.10 Td (and ) Tj ET Q q 0 0 0 rg BT 270.69 158.10 Td (initially ) Tj ET Q q 0 0 0 rg BT 290.86 158.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 319.92 158.10 Td (at ) Tj ET Q q 0 0 0 rg BT 326.76 158.10 Td (its ) Tj ET Q q 0 0 0 rg BT 334.62 158.10 Td (present ) Tj ET Q q 0 0 0 rg BT 356.85 158.10 Td (value. ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 149.10 Td (\(3\) Includes the impact of mark-to-market adjustments. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 131.70 Td (Consideration for each acquisition during the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 228.35 131.70 Td (three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.96 131.70 Td ( was comprised of cash. ) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 12) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (6. ) Tj ET Q q 0 0 0 rg BT 80.67 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 82.83 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 85.00 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 87.17 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 695.10 Td (Disposition) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 677.70 Td (During the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 110.11 677.70 Td (three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 235.72 677.70 Td (, the REIT) Tj ET Q q 0 0 0 rg BT 270.66 677.70 Td ( made the following property disposition: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 664.2 m 422.5 664.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 650.2 m 422.5 650.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 664.2 m 539.5 664.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 422.5 650.2 m 539.5 650.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 422.5 650.2 m 539.5 650.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 422.5 594.2 m 539.5 594.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 594.2 m 422.5 594.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 580.2 m 422.5 580.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 422.5 594.2 m 539.5 594.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 580.2 m 539.5 580.2 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 483.85 654.73 Td (35 Martin W) Tj ET Q q 0 0 0 rg BT 527.43 654.73 Td (ay) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 640.73 Td (Disposition date) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 473.60 640.73 Td (January 15, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 626.73 Td (Location) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 493.85 626.73 Td (Brooks, ) Tj ET Q q 0 0 0 rg BT 524.73 626.73 Td (AB) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 612.73 Td (Sale price) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 425.00 612.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 516.90 612.73 Td (1,025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 598.73 Td (Disposition costs) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 525.10 598.73 Td (\(54) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 536.40 598.73 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 74.00 584.73 Td (Net proceeds) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 425.00 584.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 523.40 584.73 Td (971) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 560.30 Td (7. ) Tj ET Q q 0 0 0 rg BT 80.67 560.30 Td ( ) Tj ET Q q 0 0 0 rg BT 82.83 560.30 Td ( ) Tj ET Q q 0 0 0 rg BT 85.00 560.30 Td ( ) Tj ET Q q 0 0 0 rg BT 87.17 560.30 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 560.30 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 560.30 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 560.30 Td (Finance ) Tj ET Q q 0 0 0 rg BT 125.27 560.30 Td (lease ) Tj ET Q q 0 0 0 rg BT 146.94 560.30 Td (receivable) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 542.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.81 542.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.42 542.90 Td ( ) Tj ET Q q 0 0 0 rg BT 107.80 542.90 Td (owns ) Tj ET Q q 0 0 0 rg BT 128.37 542.90 Td (a ) Tj ET Q q 0 0 0 rg BT 135.09 542.90 Td (fully ) Tj ET Q q 0 0 0 rg BT 151.33 542.90 Td (leased ) Tj ET Q q 0 0 0 rg BT 176.67 542.90 Td (data ) Tj ET Q q 0 0 0 rg BT 194.22 542.90 Td (centre ) Tj ET Q q 0 0 0 rg BT 218.25 542.90 Td (in ) Tj ET Q q 0 0 0 rg BT 226.70 542.90 Td (Winnipeg, ) Tj ET Q q 0 0 0 rg BT 263.73 542.90 Td (MB ) Tj ET Q q 0 0 0 rg BT 277.80 542.90 Td (\(the ) Tj ET Q q 0 0 0 rg BT 293.61 542.90 Td ("Data ) Tj ET Q q 0 0 0 rg BT 315.21 542.90 Td (Centre"\). ) Tj ET Q q 0 0 0 rg BT 348.35 542.90 Td (The ) Tj ET Q q 0 0 0 rg BT 364.16 542.90 Td (tenant ) Tj ET Q q 0 0 0 rg BT 388.21 542.90 Td (occupying ) Tj ET Q q 0 0 0 rg BT 425.67 542.90 Td (the ) Tj ET Q q 0 0 0 rg BT 438.89 542.90 Td (Data ) Tj ET Q q 0 0 0 rg BT 457.73 542.90 Td (Centre ) Tj ET Q q 0 0 0 rg BT 483.49 542.90 Td (has ) Tj ET Q q 0 0 0 rg BT 498.44 542.90 Td (a ) Tj ET Q q 0 0 0 rg BT 505.15 542.90 Td (lease ) Tj ET Q q 0 0 0 rg BT 526.16 542.90 Td (with ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 531.50 Td (an ) Tj ET Q q 0 0 0 rg BT 83.02 531.50 Td (initial ) Tj ET Q q 0 0 0 rg BT 103.13 531.50 Td (term ) Tj ET Q q 0 0 0 rg BT 121.07 531.50 Td (to ) Tj ET Q q 0 0 0 rg BT 129.93 531.50 Td (maturity ) Tj ET Q q 0 0 0 rg BT 160.00 531.50 Td (of ) Tj ET Q q 0 0 0 rg BT 168.85 531.50 Td (15 ) Tj ET Q q 0 0 0 rg BT 179.88 531.50 Td (years, ) Tj ET Q q 0 0 0 rg BT 203.45 531.50 Td (which ) Tj ET Q q 0 0 0 rg BT 225.72 531.50 Td (commenced ) Tj ET Q q 0 0 0 rg BT 270.52 531.50 Td (on ) Tj ET Q q 0 0 0 rg BT 281.54 531.50 Td (June ) Tj ET Q q 0 0 0 rg BT 300.79 531.50 Td (5, ) Tj ET Q q 0 0 0 rg BT 309.65 531.50 Td (2015, ) Tj ET Q q 0 0 0 rg BT 331.50 531.50 Td (with ) Tj ET Q q 0 0 0 rg BT 347.71 531.50 Td (the ) Tj ET Q q 0 0 0 rg BT 360.90 531.50 Td (option ) Tj ET Q q 0 0 0 rg BT 384.49 531.50 Td (to ) Tj ET Q q 0 0 0 rg BT 393.34 531.50 Td (extend ) Tj ET Q q 0 0 0 rg BT 419.10 531.50 Td (for ) Tj ET Q q 0 0 0 rg BT 430.55 531.50 Td (three ) Tj ET Q q 0 0 0 rg BT 450.66 531.50 Td (additional ) Tj ET Q q 0 0 0 rg BT 486.37 531.50 Td (five ) Tj ET Q q 0 0 0 rg BT 500.86 531.50 Td (year ) Tj ET Q q 0 0 0 rg BT 518.37 531.50 Td (terms. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 520.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.67 520.10 Td (tenant ) Tj ET Q q 0 0 0 rg BT 111.58 520.10 Td (has ) Tj ET Q q 0 0 0 rg BT 126.39 520.10 Td (a ) Tj ET Q q 0 0 0 rg BT 132.96 520.10 Td (one-time ) Tj ET Q q 0 0 0 rg BT 165.52 520.10 Td (option ) Tj ET Q q 0 0 0 rg BT 188.99 520.10 Td (to ) Tj ET Q q 0 0 0 rg BT 197.74 520.10 Td (acquire ) Tj ET Q q 0 0 0 rg BT 225.53 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 238.61 520.10 Td (property ) Tj ET Q q 0 0 0 rg BT 269.44 520.10 Td (after ) Tj ET Q q 0 0 0 rg BT 287.27 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 300.35 520.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 320.35 520.10 Td (term ) Tj ET Q q 0 0 0 rg BT 338.18 520.10 Td (of ) Tj ET Q q 0 0 0 rg BT 346.92 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 360.00 520.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 380.87 520.10 Td (for ) Tj ET Q q 0 0 0 rg BT 392.21 520.10 Td ($12.0 ) Tj ET Q q 0 0 0 rg BT 413.95 520.10 Td (million. ) Tj ET Q q 0 0 0 rg BT 439.99 520.10 Td (At ) Tj ET Q q 0 0 0 rg BT 449.60 520.10 Td (its ) Tj ET Q q 0 0 0 rg BT 459.64 520.10 Td (inception ) Tj ET Q q 0 0 0 rg BT 493.07 520.10 Td (the ) Tj ET Q q 0 0 0 rg BT 506.15 520.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 527.02 520.10 Td (met ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 508.70 Td (the ) Tj ET Q q 0 0 0 rg BT 84.79 508.70 Td (requirements ) Tj ET Q q 0 0 0 rg BT 132.22 508.70 Td (for ) Tj ET Q q 0 0 0 rg BT 143.27 508.70 Td (classification ) Tj ET Q q 0 0 0 rg BT 189.41 508.70 Td (as ) Tj ET Q q 0 0 0 rg BT 199.60 508.70 Td (a ) Tj ET Q q 0 0 0 rg BT 205.89 508.70 Td (finance ) Tj ET Q q 0 0 0 rg BT 232.97 508.70 Td (lease ) Tj ET Q q 0 0 0 rg BT 253.56 508.70 Td (as ) Tj ET Q q 0 0 0 rg BT 263.75 508.70 Td (the ) Tj ET Q q 0 0 0 rg BT 276.54 508.70 Td (minimum ) Tj ET Q q 0 0 0 rg BT 310.10 508.70 Td (lease ) Tj ET Q q 0 0 0 rg BT 330.69 508.70 Td (payments ) Tj ET Q q 0 0 0 rg BT 366.43 508.70 Td (amounted ) Tj ET Q q 0 0 0 rg BT 403.04 508.70 Td (to ) Tj ET Q q 0 0 0 rg BT 411.50 508.70 Td (substantially ) Tj ET Q q 0 0 0 rg BT 456.34 508.70 Td (all ) Tj ET Q q 0 0 0 rg BT 466.09 508.70 Td (of ) Tj ET Q q 0 0 0 rg BT 474.55 508.70 Td (the ) Tj ET Q q 0 0 0 rg BT 487.35 508.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 500.13 508.70 Td (value ) Tj ET Q q 0 0 0 rg BT 520.72 508.70 Td (of ) Tj ET Q q 0 0 0 rg BT 529.18 508.70 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 497.30 Td (leased ) Tj ET Q q 0 0 0 rg BT 97.63 497.30 Td (asset ) Tj ET Q q 0 0 0 rg BT 118.93 497.30 Td (and ) Tj ET Q q 0 0 0 rg BT 134.60 497.30 Td (the ) Tj ET Q q 0 0 0 rg BT 148.11 497.30 Td (tenant ) Tj ET Q q 0 0 0 rg BT 172.45 497.30 Td (has ) Tj ET Q q 0 0 0 rg BT 187.68 497.30 Td (the ) Tj ET Q q 0 0 0 rg BT 201.19 497.30 Td (right ) Tj ET Q q 0 0 0 rg BT 219.02 497.30 Td (to ) Tj ET Q q 0 0 0 rg BT 228.19 497.30 Td (acquire ) Tj ET Q q 0 0 0 rg BT 256.41 497.30 Td (the ) Tj ET Q q 0 0 0 rg BT 269.92 497.30 Td (Data ) Tj ET Q q 0 0 0 rg BT 289.05 497.30 Td (Centre ) Tj ET Q q 0 0 0 rg BT 315.10 497.30 Td (for ) Tj ET Q q 0 0 0 rg BT 326.87 497.30 Td (a ) Tj ET Q q 0 0 0 rg BT 333.88 497.30 Td (price ) Tj ET Q q 0 0 0 rg BT 353.44 497.30 Td (expected ) Tj ET Q q 0 0 0 rg BT 387.73 497.30 Td (to ) Tj ET Q q 0 0 0 rg BT 396.90 497.30 Td (be ) Tj ET Q q 0 0 0 rg BT 408.24 497.30 Td (below ) Tj ET Q q 0 0 0 rg BT 431.27 497.30 Td (the ) Tj ET Q q 0 0 0 rg BT 444.77 497.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 458.27 497.30 Td (value ) Tj ET Q q 0 0 0 rg BT 479.57 497.30 Td (of ) Tj ET Q q 0 0 0 rg BT 488.74 497.30 Td (the ) Tj ET Q q 0 0 0 rg BT 502.25 497.30 Td (property ) Tj ET Q q 0 0 0 rg BT 533.50 497.30 Td (at ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 485.90 Td (maturity) Tj ET Q q 0 0 0 rg BT 99.14 485.90 Td (.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 468.50 Td (A) Tj ET Q q 0 0 0 rg BT 76.77 468.50 Td ( reconciliation of the change in the finance lease receivable is as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 458 m 380.5 458 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 444 m 380.5 444 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 458 m 460.5 458 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 444 m 460.5 444 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 458 m 540.5 458 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 444 m 540.5 444 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 402 m 380.5 402 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 388 m 380.5 388 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 402 m 460.5 402 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 388 m 460.5 388 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 402 m 540.5 402 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 388 m 540.5 388 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 448.58 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 448.53 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 434.53 Td (Balance, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 434.58 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 434.58 Td (60,965) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 434.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 434.53 Td (63,156) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 420.58 Td (Lease payments received) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 435.30 420.53 Td (\(1,524) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 420.53 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.30 420.53 Td (\(6,099) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 420.53 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 406.58 Td (Finance income on finance lease receivable) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 406.53 Td (955) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 406.53 Td (3,908) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 392.58 Td (Balance, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 392.53 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 392.53 Td (60,396) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 392.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 392.53 Td (60,965) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 371.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.13 371.10 Td (following ) Tj ET Q q 0 0 0 rg BT 119.14 371.10 Td (is ) Tj ET Q q 0 0 0 rg BT 126.47 371.10 Td (a ) Tj ET Q q 0 0 0 rg BT 132.50 371.10 Td (summary ) Tj ET Q q 0 0 0 rg BT 166.24 371.10 Td (of ) Tj ET Q q 0 0 0 rg BT 174.44 371.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.97 371.10 Td (undiscounted ) Tj ET Q q 0 0 0 rg BT 235.02 371.10 Td (future ) Tj ET Q q 0 0 0 rg BT 256.65 371.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 289.95 371.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 310.27 371.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 345.75 371.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 382.97 371.10 Td (and ) Tj ET Q q 0 0 0 rg BT 397.67 371.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.20 371.10 Td (imputed ) Tj ET Q q 0 0 0 rg BT 439.62 371.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 466.87 371.10 Td (and ) Tj ET Q q 0 0 0 rg BT 481.57 371.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 512.28 371.10 Td (portions ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 359.70 Td (thereof. ) Tj ET Q q 0 0 0 rg BT 101.03 359.70 Td (The ) Tj ET Q q 0 0 0 rg BT 117.23 359.70 Td (principal ) Tj ET Q q 0 0 0 rg BT 149.01 359.70 Td (portion ) Tj ET Q q 0 0 0 rg BT 175.61 359.70 Td (represents ) Tj ET Q q 0 0 0 rg BT 215.19 359.70 Td (the ) Tj ET Q q 0 0 0 rg BT 228.80 359.70 Td (amount ) Tj ET Q q 0 0 0 rg BT 257.56 359.70 Td (recorded ) Tj ET Q q 0 0 0 rg BT 291.08 359.70 Td (on ) Tj ET Q q 0 0 0 rg BT 302.53 359.70 Td (the ) Tj ET Q q 0 0 0 rg BT 316.13 359.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 362.66 359.70 Td (statements ) Tj ET Q q 0 0 0 rg BT 403.55 359.70 Td (of ) Tj ET Q q 0 0 0 rg BT 412.82 359.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 444.18 359.70 Td (position ) Tj ET Q q 0 0 0 rg BT 473.81 359.70 Td (at ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 483.09 359.70 Td (March31, ) Tj ET Q q 0 0 0 rg BT 520.50 359.70 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.83 359.70 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 349.20000000000005 m 300.5 349.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 349.20000000000005 m 380.5 349.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 349.20000000000005 m 460.5 349.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 349.20000000000005 m 540.5 349.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 316.20000000000005 m 300.5 316.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 316.20000000000005 m 380.5 316.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 316.20000000000005 m 460.5 316.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 316.20000000000005 m 540.5 316.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 274.20000000000005 m 300.5 274.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 260.20000000000005 m 300.5 260.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 274.20000000000005 m 380.5 274.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 260.20000000000005 m 380.5 260.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 274.20000000000005 m 460.5 274.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 260.20000000000005 m 460.5 260.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 274.20000000000005 m 540.5 274.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 260.20000000000005 m 540.5 260.20000000000005 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 320.70 330.23 Td (Future minimum ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 322.40 320.73 Td (lease payments) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 396.35 339.73 Td (Interest portion of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 404.60 330.23 Td (minimum lease ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 423.20 320.73 Td (payments) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 472.45 339.73 Td (Principal portion of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 484.60 330.23 Td (minimum lease ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 503.20 320.73 Td (payments) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 306.73 Td (Less than one year) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.00 306.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.90 306.73 Td (6,099) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.00 306.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 437.90 306.73 Td (3,729) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 306.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 306.73 Td (2,370) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 292.73 Td (Greater than one year but less than 5 years) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.55 292.78 Td (25,302) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 433.55 292.73 Td (13,199) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 292.73 Td (12,103) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 278.73 Td (Greater than 5 years) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.55 278.78 Td (59,773) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 433.55 278.73 Td (13,850) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 278.73 Td (45,923) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 463.00 264.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 513.55 264.73 Td (60,396) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 243.30 Td (8. ) Tj ET Q q 0 0 0 rg BT 80.67 243.30 Td ( ) Tj ET Q q 0 0 0 rg BT 82.83 243.30 Td ( ) Tj ET Q q 0 0 0 rg BT 85.00 243.30 Td ( ) Tj ET Q q 0 0 0 rg BT 87.17 243.30 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 243.30 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 243.30 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 243.30 Td (Other ) Tj ET Q q 0 0 0 rg BT 116.61 243.30 Td (assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 225.90 Td (Other assets are comprised of the following: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 209.39999999999998 m 357.5 209.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 195.39999999999998 m 357.5 195.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 209.39999999999998 m 383.5 209.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 195.39999999999998 m 383.5 195.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 209.39999999999998 m 460.5 209.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383.5 195.39999999999998 m 460.5 195.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 209.39999999999998 m 539.5 209.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 195.39999999999998 m 539.5 195.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 195.39999999999998 m 539.5 195.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 125.39999999999998 m 357.5 125.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 125.39999999999998 m 383.5 125.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383.5 125.39999999999998 m 460.5 125.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 125.39999999999998 m 539.5 125.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 111.39999999999998 m 357.5 111.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 111.39999999999998 m 383.5 111.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 111.39999999999998 m 460.5 111.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 111.39999999999998 m 539.5 111.39999999999998 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 361.30 199.93 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 199.93 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.55 199.93 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 185.93 Td (Prepaid expenses) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 386.00 185.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 185.93 Td (3,077) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 185.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 185.93 Td (2,492) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 171.93 Td (Other assets) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 171.93 Td (159) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 523.40 171.93 Td (160) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 157.93 Td (Interest rate subsidy) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 157.93 Td (1,615) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 157.93 Td (1,723) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 143.93 Td (Investment tax credit receivable) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 143.93 Td (894) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 523.40 143.98 Td (877) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 129.93 Td (Income supplement) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 129.93 Td (2,270) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.60 129.93 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 386.00 115.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 115.93 Td (8,015) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 115.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 115.93 Td (5,252) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 13) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 93.65 695.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 118.34 695.10 Td (have ) Tj ET Q q 0 0 0 rg BT 137.40 695.10 Td (been ) Tj ET Q q 0 0 0 rg BT 156.90 695.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 191.11 695.10 Td (between ) Tj ET Q q 0 0 0 rg BT 222.73 695.10 Td (current ) Tj ET Q q 0 0 0 rg BT 249.14 695.10 Td (and ) Tj ET Q q 0 0 0 rg BT 264.31 695.10 Td (non-current ) Tj ET Q q 0 0 0 rg BT 306.31 695.10 Td (as ) Tj ET Q q 0 0 0 rg BT 316.71 695.10 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72 678.6 m 383 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72 664.6 m 383 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 678.6 m 460 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383 664.6 m 460 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460 678.6 m 539 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460 664.6 m 539 664.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383 664.6 m 460 664.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460 664.6 m 539 664.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72 636.6 m 383 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72 622.6 m 383 622.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383 636.6 m 460 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 622.6 m 460 622.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460 636.6 m 539 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460 622.6 m 539 622.6 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.05 669.13 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.05 669.13 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.50 655.13 Td (Current) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 385.50 655.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.40 655.13 Td (4,983) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.50 655.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.40 655.13 Td (3,018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.50 641.13 Td (Non-current) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.40 641.13 Td (3,032) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.40 641.13 Td (2,234) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 385.50 627.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.40 627.13 Td (8,015) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.50 627.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.40 627.13 Td (5,252) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 605.70 Td (In ) Tj ET Q q 0 0 0 rg BT 81.30 605.70 Td (connection ) Tj ET Q q 0 0 0 rg BT 121.80 605.70 Td (with ) Tj ET Q q 0 0 0 rg BT 138.45 605.70 Td (the ) Tj ET Q q 0 0 0 rg BT 152.09 605.70 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 191.71 605.70 Td (of ) Tj ET Q q 0 0 0 rg BT 201.01 605.70 Td (the ) Tj ET Q q 0 0 0 rg BT 214.65 605.70 Td (Gateway ) Tj ET Q q 0 0 0 rg BT 248.20 605.70 Td (Complex ) Tj ET Q q 0 0 0 rg BT 281.74 605.70 Td (on ) Tj ET Q q 0 0 0 rg BT 293.21 605.70 Td (June ) Tj ET Q q 0 0 0 rg BT 312.91 605.70 Td (30, ) Tj ET Q q 0 0 0 rg BT 326.55 605.70 Td (2016, ) Tj ET Q q 0 0 0 rg BT 348.85 605.70 Td (the ) Tj ET Q q 0 0 0 rg BT 362.49 605.70 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 402.11 605.70 Td (agreement ) Tj ET Q q 0 0 0 rg BT 442.16 605.70 Td (provided ) Tj ET Q q 0 0 0 rg BT 474.85 605.70 Td (for ) Tj ET Q q 0 0 0 rg BT 486.75 605.70 Td (an ) Tj ET Q q 0 0 0 rg BT 498.22 605.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 526.57 605.70 Td (rate ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 594.30 Td (subsidy ) Tj ET Q q 0 0 0 rg BT 100.72 594.30 Td (in ) Tj ET Q q 0 0 0 rg BT 109.08 594.30 Td (the ) Tj ET Q q 0 0 0 rg BT 122.21 594.30 Td (initial ) Tj ET Q q 0 0 0 rg BT 142.26 594.30 Td (amount ) Tj ET Q q 0 0 0 rg BT 170.55 594.30 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 179.34 594.30 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 196.81 594.30 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 218.88 594.30 Td ( ) Tj ET Q q 0 0 0 rg BT 221.18 594.30 Td (in ) Tj ET Q q 0 0 0 rg BT 229.54 594.30 Td (favour ) Tj ET Q q 0 0 0 rg BT 253.50 594.30 Td (of ) Tj ET Q q 0 0 0 rg BT 262.29 594.30 Td (the ) Tj ET Q q 0 0 0 rg BT 275.42 594.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 292.31 594.30 Td (. ) Tj ET Q q 0 0 0 rg BT 296.63 594.30 Td (This ) Tj ET Q q 0 0 0 rg BT 313.65 594.30 Td (subsidy ) Tj ET Q q 0 0 0 rg BT 342.36 594.30 Td (is ) Tj ET Q q 0 0 0 rg BT 350.29 594.30 Td (to ) Tj ET Q q 0 0 0 rg BT 359.08 594.30 Td (be ) Tj ET Q q 0 0 0 rg BT 370.05 594.30 Td (held ) Tj ET Q q 0 0 0 rg BT 387.08 594.30 Td (in ) Tj ET Q q 0 0 0 rg BT 395.44 594.30 Td (escrow ) Tj ET Q q 0 0 0 rg BT 422.41 594.30 Td (and ) Tj ET Q q 0 0 0 rg BT 437.71 594.30 Td (released ) Tj ET Q q 0 0 0 rg BT 469.89 594.30 Td (to ) Tj ET Q q 0 0 0 rg BT 478.69 594.30 Td (the ) Tj ET Q q 0 0 0 rg BT 491.82 594.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 509.42 594.30 Td ( ) Tj ET Q q 0 0 0 rg BT 511.72 594.30 Td (over ) Tj ET Q q 0 0 0 rg BT 529.18 594.30 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 582.90 Td (term ) Tj ET Q q 0 0 0 rg BT 89.26 582.90 Td (to ) Tj ET Q q 0 0 0 rg BT 97.43 582.90 Td (maturity ) Tj ET Q q 0 0 0 rg BT 126.82 582.90 Td (of ) Tj ET Q q 0 0 0 rg BT 134.99 582.90 Td (the ) Tj ET Q q 0 0 0 rg BT 147.50 582.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 164.34 582.90 Td (assumed ) Tj ET Q q 0 0 0 rg BT 197.63 582.90 Td (on ) Tj ET Q q 0 0 0 rg BT 207.97 582.90 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 246.46 582.90 Td (in ) Tj ET Q q 0 0 0 rg BT 254.20 582.90 Td (order ) Tj ET Q q 0 0 0 rg BT 274.06 582.90 Td (to ) Tj ET Q q 0 0 0 rg BT 282.23 582.90 Td (compensate ) Tj ET Q q 0 0 0 rg BT 326.35 582.90 Td (the ) Tj ET Q q 0 0 0 rg BT 338.86 582.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 356.47 582.90 Td ( ) Tj ET Q q 0 0 0 rg BT 358.14 582.90 Td (for ) Tj ET Q q 0 0 0 rg BT 368.91 582.90 Td (the ) Tj ET Q q 0 0 0 rg BT 381.42 582.90 Td (assumption ) Tj ET Q q 0 0 0 rg BT 422.94 582.90 Td (of ) Tj ET Q q 0 0 0 rg BT 431.11 582.90 Td (an ) Tj ET Q q 0 0 0 rg BT 441.45 582.90 Td (above ) Tj ET Q q 0 0 0 rg BT 464.35 582.90 Td (market ) Tj ET Q q 0 0 0 rg BT 489.84 582.90 Td (rate ) Tj ET Q q 0 0 0 rg BT 504.94 582.90 Td (mortgage. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 565.50 Td (The ) Tj ET Q q 0 0 0 rg BT 88.07 565.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.68 565.50 Td ( ) Tj ET Q q 0 0 0 rg BT 108.33 565.50 Td (is ) Tj ET Q q 0 0 0 rg BT 116.61 565.50 Td (eligible ) Tj ET Q q 0 0 0 rg BT 143.51 565.50 Td (for ) Tj ET Q q 0 0 0 rg BT 155.25 565.50 Td (a ) Tj ET Q q 0 0 0 rg BT 162.24 565.50 Td (Manitoba ) Tj ET Q q 0 0 0 rg BT 196.94 565.50 Td (data ) Tj ET Q q 0 0 0 rg BT 214.75 565.50 Td (processing ) Tj ET Q q 0 0 0 rg BT 255.08 565.50 Td (investment ) Tj ET Q q 0 0 0 rg BT 295.40 565.50 Td (tax ) Tj ET Q q 0 0 0 rg BT 308.45 565.50 Td (credit ) Tj ET Q q 0 0 0 rg BT 330.15 565.50 Td (as ) Tj ET Q q 0 0 0 rg BT 341.03 565.50 Td (a ) Tj ET Q q 0 0 0 rg BT 348.01 565.50 Td (result ) Tj ET Q q 0 0 0 rg BT 369.71 565.50 Td (of ) Tj ET Q q 0 0 0 rg BT 378.86 565.50 Td (its ) Tj ET Q q 0 0 0 rg BT 389.30 565.50 Td (development ) Tj ET Q q 0 0 0 rg BT 436.56 565.50 Td (of ) Tj ET Q q 0 0 0 rg BT 445.71 565.50 Td (the ) Tj ET Q q 0 0 0 rg BT 459.19 565.50 Td (Data ) Tj ET Q q 0 0 0 rg BT 478.30 565.50 Td (Centre. ) Tj ET Q q 0 0 0 rg BT 506.33 565.50 Td (The ) Tj ET Q q 0 0 0 rg BT 522.40 565.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 540.01 565.50 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 554.10 Td (expects ) Tj ET Q q 0 0 0 rg BT 101.06 554.10 Td (to ) Tj ET Q q 0 0 0 rg BT 109.77 554.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 137.10 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 150.14 554.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 162.75 554.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 184.01 554.10 Td (in ) Tj ET Q q 0 0 0 rg BT 192.29 554.10 Td (installments ) Tj ET Q q 0 0 0 rg BT 235.63 554.10 Td (through ) Tj ET Q q 0 0 0 rg BT 264.27 554.10 Td (to ) Tj ET Q q 0 0 0 rg BT 272.98 554.10 Td (2029. ) Tj ET Q q 0 0 0 rg BT 294.68 554.10 Td (Half ) Tj ET Q q 0 0 0 rg BT 310.75 554.10 Td (of ) Tj ET Q q 0 0 0 rg BT 319.46 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 332.50 554.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 345.11 554.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 366.37 554.10 Td (is ) Tj ET Q q 0 0 0 rg BT 374.21 554.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 403.71 554.10 Td (to ) Tj ET Q q 0 0 0 rg BT 412.42 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.46 554.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 444.12 554.10 Td (Centre ) Tj ET Q q 0 0 0 rg BT 469.71 554.10 Td (tenant ) Tj ET Q q 0 0 0 rg BT 493.59 554.10 Td (as ) Tj ET Q q 0 0 0 rg BT 504.03 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 517.07 554.10 Td (credits ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 542.70 Td (are ) Tj ET Q q 0 0 0 rg BT 85.42 542.70 Td (received. ) Tj ET Q q 0 0 0 rg BT 119.20 542.70 Td ( ) Tj ET Q q 0 0 0 rg BT 121.24 542.70 Td (The ) Tj ET Q q 0 0 0 rg BT 136.83 542.70 Td (tax ) Tj ET Q q 0 0 0 rg BT 149.39 542.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 170.61 542.70 Td (payable ) Tj ET Q q 0 0 0 rg BT 200.06 542.70 Td (is ) Tj ET Q q 0 0 0 rg BT 207.86 542.70 Td (included ) Tj ET Q q 0 0 0 rg BT 239.04 542.70 Td (in ) Tj ET Q q 0 0 0 rg BT 247.27 542.70 Td (other ) Tj ET Q q 0 0 0 rg BT 267.20 542.70 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 298.81 542.70 Td (\(note ) Tj ET Q q 0 0 0 rg BT 318.73 542.70 Td (1) Tj ET Q q 0 0 0 rg BT 322.49 542.70 Td (1\). ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 525.30 Td (As ) Tj ET Q q 0 0 0 rg BT 83.38 525.30 Td (part ) Tj ET Q q 0 0 0 rg BT 99.08 525.30 Td (of ) Tj ET Q q 0 0 0 rg BT 107.87 525.30 Td (the ) Tj ET Q q 0 0 0 rg BT 120.98 525.30 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 146.40 525.30 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 185.50 525.30 Td (of ) Tj ET Q q 0 0 0 rg BT 194.28 525.30 Td (the ) Tj ET Q q 0 0 0 rg BT 207.39 525.30 Td (7 ) Tj ET Q q 0 0 0 rg BT 213.56 525.30 Td (Asset ) Tj ET Q q 0 0 0 rg BT 235.33 525.30 Td (Portfolio ) Tj ET Q q 0 0 0 rg BT 266.20 525.30 Td (on ) Tj ET Q q 0 0 0 rg BT 277.14 525.30 Td (March ) Tj ET Q q 0 0 0 rg BT 301.07 525.30 Td (27, ) Tj ET Q q 0 0 0 rg BT 314.19 525.30 Td (2018 ) Tj ET Q q 0 0 0 rg BT 333.80 525.30 Td (\(see ) Tj ET Q q 0 0 0 rg BT 351.24 525.30 Td (note ) Tj ET Q q 0 0 0 rg BT 368.69 525.30 Td (5\), ) Tj ET Q q 0 0 0 rg BT 380.06 525.30 Td (the ) Tj ET Q q 0 0 0 rg BT 393.18 525.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 410.79 525.30 Td ( ) Tj ET Q q 0 0 0 rg BT 413.07 525.30 Td (was ) Tj ET Q q 0 0 0 rg BT 429.21 525.30 Td (provided ) Tj ET Q q 0 0 0 rg BT 461.37 525.30 Td (an ) Tj ET Q q 0 0 0 rg BT 472.32 525.30 Td (income ) Tj ET Q q 0 0 0 rg BT 499.72 525.30 Td (supplement ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 513.90 Td (in ) Tj ET Q q 0 0 0 rg BT 80.26 513.90 Td (the ) Tj ET Q q 0 0 0 rg BT 93.29 513.90 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 130.57 513.90 Td (amount ) Tj ET Q q 0 0 0 rg BT 158.76 513.90 Td (of ) Tj ET Q q 0 0 0 rg BT 167.45 513.90 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 184.81 513.90 Td (million ) Tj ET Q q 0 0 0 rg BT 209.09 513.90 Td (to ) Tj ET Q q 0 0 0 rg BT 217.79 513.90 Td (be ) Tj ET Q q 0 0 0 rg BT 228.65 513.90 Td (received ) Tj ET Q q 0 0 0 rg BT 260.29 513.90 Td (in ) Tj ET Q q 0 0 0 rg BT 268.55 513.90 Td (equal ) Tj ET Q q 0 0 0 rg BT 289.81 513.90 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 322.32 513.90 Td (installments ) Tj ET Q q 0 0 0 rg BT 365.65 513.90 Td (in ) Tj ET Q q 0 0 0 rg BT 373.91 513.90 Td (each ) Tj ET Q q 0 0 0 rg BT 393.00 513.90 Td (of ) Tj ET Q q 0 0 0 rg BT 401.70 513.90 Td (the ) Tj ET Q q 0 0 0 rg BT 414.73 513.90 Td (eight ) Tj ET Q q 0 0 0 rg BT 433.82 513.90 Td (calendar ) Tj ET Q q 0 0 0 rg BT 465.90 513.90 Td (quarters ) Tj ET Q q 0 0 0 rg BT 496.68 513.90 Td (following ) Tj ET Q q 0 0 0 rg BT 529.18 513.90 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 502.50 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 110.23 502.50 Td (of ) Tj ET Q q 0 0 0 rg BT 118.15 502.50 Td (the ) Tj ET Q q 0 0 0 rg BT 130.39 502.50 Td (7 ) Tj ET Q q 0 0 0 rg BT 135.86 502.50 Td (Asset ) Tj ET Q q 0 0 0 rg BT 156.77 502.50 Td (Portfolio ) Tj ET Q q 0 0 0 rg BT 186.76 502.50 Td (by ) Tj ET Q q 0 0 0 rg BT 196.41 502.50 Td (SCREO ) Tj ET Q q 0 0 0 rg BT 225.52 502.50 Td (I ) Tj ET Q q 0 0 0 rg BT 229.11 502.50 Td (L.P) Tj ET Q q 0 0 0 rg BT 239.80 502.50 Td (. ) Tj ET Q q 0 0 0 rg BT 243.39 502.50 Td (\(see ) Tj ET Q q 0 0 0 rg BT 259.96 502.50 Td (note ) Tj ET Q q 0 0 0 rg BT 276.54 502.50 Td (21\). ) Tj ET Q q 0 0 0 rg BT 291.38 502.50 Td ( ) Tj ET Q q 0 0 0 rg BT 292.71 502.50 Td (The ) Tj ET Q q 0 0 0 rg BT 307.55 502.50 Td (income ) Tj ET Q q 0 0 0 rg BT 334.08 502.50 Td (supplement ) Tj ET Q q 0 0 0 rg BT 375.77 502.50 Td (is ) Tj ET Q q 0 0 0 rg BT 382.82 502.50 Td (recorded ) Tj ET Q q 0 0 0 rg BT 414.98 502.50 Td (as ) Tj ET Q q 0 0 0 rg BT 424.63 502.50 Td (an ) Tj ET Q q 0 0 0 rg BT 434.71 502.50 Td (other ) Tj ET Q q 0 0 0 rg BT 453.88 502.50 Td (asset ) Tj ET Q q 0 0 0 rg BT 473.92 502.50 Td (on ) Tj ET Q q 0 0 0 rg BT 484.00 502.50 Td (the ) Tj ET Q q 0 0 0 rg BT 496.25 502.50 Td (consolidated ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 491.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 112.28 491.10 Td (of ) Tj ET Q q 0 0 0 rg BT 120.94 491.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 151.70 491.10 Td (position ) Tj ET Q q 0 0 0 rg BT 180.72 491.10 Td (at ) Tj ET Q q 0 0 0 rg BT 189.38 491.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 225.75 491.10 Td (cost. ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 473.70 Td (9. ) Tj ET Q q 0 0 0 rg BT 80.67 473.70 Td ( ) Tj ET Q q 0 0 0 rg BT 82.83 473.70 Td ( ) Tj ET Q q 0 0 0 rg BT 85.00 473.70 Td ( ) Tj ET Q q 0 0 0 rg BT 87.17 473.70 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 473.70 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 473.70 Td ( ) Tj ET Q q 0 0 0 rg BT 93.38 473.70 Td (Accounts ) Tj ET Q q 0 0 0 rg BT 131.04 473.70 Td (receivable) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 456.30 Td (Accounts receivable is comprised of the following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 439.8 m 380.5 439.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 425.8 m 380.5 425.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 439.8 m 460.5 439.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 425.8 m 460.5 425.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 439.8 m 540.5 439.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 425.8 m 540.5 425.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 425.8 m 460.5 425.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 425.8 m 540.5 425.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 369.8 m 380.5 369.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 355.8 m 380.5 355.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 369.8 m 460.5 369.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 355.8 m 460.5 355.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 369.8 m 540.5 369.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 355.8 m 540.5 355.8 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 430.33 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 430.33 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 416.33 Td (Rent receivable) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 416.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 416.33 Td (1,934) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 416.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 416.33 Td (3,405) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 402.33 Td (Accrued recovery income) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 402.33 Td (796) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 402.33 Td (482) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 388.33 Td (Other amounts receivable) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 388.33 Td (2,268) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 388.33 Td (2,874) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 374.33 Td (Allowance) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 446.10 374.33 Td (\(98) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 374.33 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 374.33 Td (\(171) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 374.33 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 360.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 360.33 Td (4,900) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 360.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 360.33 Td (6,590) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 338.90 Td (Rent ) Tj ET Q q 0 0 0 rg BT 91.05 338.90 Td (receivable ) Tj ET Q q 0 0 0 rg BT 129.15 338.90 Td (consists ) Tj ET Q q 0 0 0 rg BT 159.90 338.90 Td (of ) Tj ET Q q 0 0 0 rg BT 168.99 338.90 Td (base ) Tj ET Q q 0 0 0 rg BT 188.48 338.90 Td (rent ) Tj ET Q q 0 0 0 rg BT 204.50 338.90 Td (and ) Tj ET Q q 0 0 0 rg BT 220.09 338.90 Td (operating ) Tj ET Q q 0 0 0 rg BT 255.17 338.90 Td (expense ) Tj ET Q q 0 0 0 rg BT 287.22 338.90 Td (recoveries ) Tj ET Q q 0 0 0 rg BT 325.75 338.90 Td (receivable ) Tj ET Q q 0 0 0 rg BT 363.86 338.90 Td (from ) Tj ET Q q 0 0 0 rg BT 382.03 338.90 Td (tenants. ) Tj ET Q q 0 0 0 rg BT 411.84 338.90 Td (Accrued ) Tj ET Q q 0 0 0 rg BT 443.02 338.90 Td (recovery ) Tj ET Q q 0 0 0 rg BT 475.48 338.90 Td (income ) Tj ET Q q 0 0 0 rg BT 503.19 338.90 Td (represents ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 327.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 104.05 327.50 Td (that ) Tj ET Q q 0 0 0 rg BT 119.21 327.50 Td (have ) Tj ET Q q 0 0 0 rg BT 138.27 327.50 Td (not ) Tj ET Q q 0 0 0 rg BT 151.27 327.50 Td (been ) Tj ET Q q 0 0 0 rg BT 170.77 327.50 Td (billed ) Tj ET Q q 0 0 0 rg BT 191.12 327.50 Td (to ) Tj ET Q q 0 0 0 rg BT 199.79 327.50 Td (tenants ) Tj ET Q q 0 0 0 rg BT 227.52 327.50 Td (and ) Tj ET Q q 0 0 0 rg BT 242.68 327.50 Td (are ) Tj ET Q q 0 0 0 rg BT 256.10 327.50 Td (generally ) Tj ET Q q 0 0 0 rg BT 289.88 327.50 Td (billed ) Tj ET Q q 0 0 0 rg BT 310.24 327.50 Td (and ) Tj ET Q q 0 0 0 rg BT 325.40 327.50 Td (paid ) Tj ET Q q 0 0 0 rg BT 342.30 327.50 Td (in ) Tj ET Q q 0 0 0 rg BT 350.53 327.50 Td (the ) Tj ET Q q 0 0 0 rg BT 363.53 327.50 Td (period ) Tj ET Q q 0 0 0 rg BT 387.35 327.50 Td (following ) Tj ET Q q 0 0 0 rg BT 419.82 327.50 Td (the ) Tj ET Q q 0 0 0 rg BT 432.82 327.50 Td (period ) Tj ET Q q 0 0 0 rg BT 456.64 327.50 Td (to ) Tj ET Q q 0 0 0 rg BT 465.31 327.50 Td (which ) Tj ET Q q 0 0 0 rg BT 487.39 327.50 Td (they ) Tj ET Q q 0 0 0 rg BT 504.28 327.50 Td (relate.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 310.10 Td (Included ) Tj ET Q q 0 0 0 rg BT 103.54 310.10 Td (in ) Tj ET Q q 0 0 0 rg BT 111.68 310.10 Td (other ) Tj ET Q q 0 0 0 rg BT 131.52 310.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 163.48 310.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 201.07 310.10 Td (is ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 208.78 310.10 Td ($0.3 ) Tj ET Q q 0 0 0 rg BT 226.03 310.10 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 248.10 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 250.19 310.10 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 252.78 310.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 303.79 310.10 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 321.12 310.10 Td ( ) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 323.20 310.10 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 327.95 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 330.03 310.10 Td ($0.3 ) Tj ET Q q 0 0 0 rg BT 347.28 310.10 Td (million\) ) Tj ET Q q 0 0 0 rg BT 374.03 310.10 Td (due ) Tj ET Q q 0 0 0 rg BT 389.11 310.10 Td (from ) Tj ET Q q 0 0 0 rg BT 406.77 310.10 Td (Slate ) Tj ET Q q 0 0 0 rg BT 426.61 310.10 Td (\(as ) Tj ET Q q 0 0 0 rg BT 439.51 310.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 467.15 310.10 Td (in ) Tj ET Q q 0 0 0 rg BT 475.30 310.10 Td (note ) Tj ET Q q 0 0 0 rg BT 492.54 310.10 Td (21\) ) Tj ET Q q 0 0 0 rg BT 505.88 310.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 533.51 310.10 Td (to ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 298.70 Td (a ) Tj ET Q q 0 0 0 rg BT 78.45 298.70 Td (prior ) Tj ET Q q 0 0 0 rg BT 96.16 298.70 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 135.09 298.70 Td (for ) Tj ET Q q 0 0 0 rg BT 146.31 298.70 Td (future ) Tj ET Q q 0 0 0 rg BT 168.35 298.70 Td (free ) Tj ET Q q 0 0 0 rg BT 183.90 298.70 Td (rent ) Tj ET Q q 0 0 0 rg BT 199.45 298.70 Td (adjustments, ) Tj ET Q q 0 0 0 rg BT 245.75 298.70 Td (tenant ) Tj ET Q q 0 0 0 rg BT 269.53 298.70 Td (inducements ) Tj ET Q q 0 0 0 rg BT 315.83 298.70 Td (and ) Tj ET Q q 0 0 0 rg BT 330.95 298.70 Td (leasing ) Tj ET Q q 0 0 0 rg BT 357.76 298.70 Td (commissions. ) Tj ET Q q 0 0 0 rg BT 407.07 298.70 Td ( ) Tj ET Q q 0 0 0 rg BT 409.06 298.70 Td (The ) Tj ET Q q 0 0 0 rg BT 424.61 298.70 Td (receivable ) Tj ET Q q 0 0 0 rg BT 462.24 298.70 Td (will ) Tj ET Q q 0 0 0 rg BT 475.17 298.70 Td (be ) Tj ET Q q 0 0 0 rg BT 485.96 298.70 Td (collected ) Tj ET Q q 0 0 0 rg BT 518.83 298.70 Td (as ) Tj ET Q q 0 0 0 rg BT 529.18 298.70 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 287.30 Td (related ) Tj ET Q q 0 0 0 rg BT 97.79 287.30 Td (items ) Tj ET Q q 0 0 0 rg BT 118.37 287.30 Td (are ) Tj ET Q q 0 0 0 rg BT 131.60 287.30 Td (paid ) Tj ET Q q 0 0 0 rg BT 148.30 287.30 Td (or ) Tj ET Q q 0 0 0 rg BT 157.19 287.30 Td (incurred ) Tj ET Q q 0 0 0 rg BT 187.30 287.30 Td (in ) Tj ET Q q 0 0 0 rg BT 195.34 287.30 Td (connection ) Tj ET Q q 0 0 0 rg BT 234.99 287.30 Td (with ) Tj ET Q q 0 0 0 rg BT 250.81 287.30 Td (the ) Tj ET Q q 0 0 0 rg BT 263.61 287.30 Td (tenant ) Tj ET Q q 0 0 0 rg BT 287.24 287.30 Td (lease ) Tj ET Q q 0 0 0 rg BT 307.84 287.30 Td (agreements. ) Tj ET Q q 0 0 0 rg BT 353.11 287.30 Td ( ) Tj ET Q q 0 0 0 rg BT 354.96 287.30 Td (The ) Tj ET Q q 0 0 0 rg BT 370.35 287.30 Td (receivable ) Tj ET Q q 0 0 0 rg BT 407.83 287.30 Td (is ) Tj ET Q q 0 0 0 rg BT 415.43 287.30 Td (non-interest ) Tj ET Q q 0 0 0 rg BT 458.54 287.30 Td (bearing ) Tj ET Q q 0 0 0 rg BT 486.49 287.30 Td (and ) Tj ET Q q 0 0 0 rg BT 501.46 287.30 Td (unsecured. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 269.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 269.90 Td (change ) Tj ET Q q 0 0 0 rg BT 115.32 269.90 Td (in ) Tj ET Q q 0 0 0 rg BT 123.55 269.90 Td (allowance ) Tj ET Q q 0 0 0 rg BT 160.35 269.90 Td (for ) Tj ET Q q 0 0 0 rg BT 171.61 269.90 Td (doubtful ) Tj ET Q q 0 0 0 rg BT 201.51 269.90 Td (accounts ) Tj ET Q q 0 0 0 rg BT 234.86 269.90 Td (is ) Tj ET Q q 0 0 0 rg BT 242.65 269.90 Td (as ) Tj ET Q q 0 0 0 rg BT 253.05 269.90 Td (follows ) Tj ET Q q 0 0 0 rg BT 279.02 269.90 Td (for ) Tj ET Q q 0 0 0 rg BT 290.28 269.90 Td (the ) Tj ET Q q 0 0 0 rg BT 303.28 269.90 Td (three ) Tj ET Q q 0 0 0 rg BT 323.21 269.90 Td (months ) Tj ET Q q 0 0 0 rg BT 350.92 269.90 Td (ended:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 253.39999999999998 m 380.5 253.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 253.39999999999998 m 460.5 253.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 239.39999999999998 m 460.5 239.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 253.39999999999998 m 540.5 253.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 239.39999999999998 m 540.5 239.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 239.39999999999998 m 380.5 239.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 239.39999999999998 m 460.5 239.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 239.39999999999998 m 540.5 239.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 183.39999999999998 m 380.5 183.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 169.39999999999998 m 380.5 169.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 183.39999999999998 m 460.5 183.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 169.39999999999998 m 460.5 169.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 183.39999999999998 m 540.5 183.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 169.39999999999998 m 540.5 169.39999999999998 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 243.93 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 243.93 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 229.93 Td (Balance, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 229.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 229.93 Td (\(171) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 229.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 229.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.10 229.93 Td (\(97) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 229.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 215.93 Td (Change in allowance) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 215.93 Td (\(126) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 215.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 215.93 Td (\(203) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 215.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 201.93 Td (Bad debt write-of) Tj ET Q q 0 0 0 rg BT 133.83 201.93 Td (f) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 201.93 Td (179) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.70 201.93 Td (94) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 187.93 Td (Bad debt recovery) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.70 187.93 Td (20) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.70 187.93 Td (35) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 173.93 Td (Balance, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 173.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 446.10 173.93 Td (\(98) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 173.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 173.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 173.93 Td (\(171) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 173.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 152.50 Td (The REIT) Tj ET Q q 0 0 0 rg BT 105.20 152.50 Td ( measures the allowance at an amount equal to lifetime expected losses by taking into account past default experience and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 141.10 Td (considering both current and potential bankruptcy) Tj ET Q q 0 0 0 rg BT 242.08 141.10 Td (, abandonment by tenants and certain tenant disputes.) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 14) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (The aging analysis of rents receivable past due but not impaired, net of allowance is as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 684.6 m 380.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 684.6 m 460.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 670.6 m 460.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 684.6 m 540.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 670.6 m 540.5 670.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 670.6 m 380.5 670.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 670.6 m 460.5 670.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 670.6 m 540.5 670.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 628.6 m 380.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 614.6 m 380.5 614.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 628.6 m 460.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 614.6 m 460.5 614.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 628.6 m 540.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 614.6 m 540.5 614.6 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 675.13 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 675.13 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 661.13 Td (Current to 30 days) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 661.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 661.13 Td (1,141) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 661.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 661.13 Td (2,070) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 647.13 Td (31 to 90 days) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 647.13 Td (395) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 647.13 Td (480) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 633.13 Td (Greater than 90 days) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 633.13 Td (300) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 633.13 Td (684) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 619.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 619.13 Td (1,836) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 619.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 619.13 Td (3,234) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 597.70 Td (10. ) Tj ET Q q 0 0 0 rg BT 85.00 597.70 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 597.70 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 597.70 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 597.70 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 597.70 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 597.70 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 597.70 Td (Debt) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 580.30 Td (Debt held by the REIT) Tj ET Q q 0 0 0 rg BT 148.52 580.30 Td ( at ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 159.35 580.30 Td (March31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 213.49 580.30 Td ( is as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 566.8 m 173.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 523.8 m 173.5 523.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 566.8 m 227.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 173.5 523.8 m 227.5 523.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 566.8 m 280.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 227.5 523.8 m 280.5 523.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 566.8 m 329.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 523.8 m 329.5 523.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 566.8 m 371.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 523.8 m 371.5 523.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 566.8 m 413.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 371.5 523.8 m 413.5 523.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 566.8 m 455.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 523.8 m 455.5 523.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 566.8 m 497.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455.5 523.8 m 497.5 523.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 566.8 m 539.5 566.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 497.5 523.8 m 539.5 523.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 523.8 m 329.5 523.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 523.8 m 371.5 523.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 411.8 m 173.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 397.8 m 173.5 397.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 173.5 411.8 m 227.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 397.8 m 227.5 397.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 227.5 411.8 m 280.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 397.8 m 280.5 397.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 411.8 m 329.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 397.8 m 329.5 397.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 411.8 m 371.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 397.8 m 371.5 397.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 371.5 411.8 m 413.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 397.8 m 413.5 397.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 411.8 m 455.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 397.8 m 455.5 397.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455.5 411.8 m 497.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 397.8 m 497.5 397.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 497.5 411.8 m 539.5 411.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 397.8 m 539.5 397.8 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 184.85 528.33 Td (Maturity) Tj ET Q BT /F3 9.50 Tf ET BT /F3 6.17 Tf ET q 0 0 0 rg BT 215.15 530.76 Td ( ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 234.60 528.33 Td (Coupon ) Tj ET Q BT /F3 9.50 Tf ET BT /F3 6.17 Tf ET q 0 0 0 rg BT 266.18 530.76 Td (\(4\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 285.20 547.33 Td (Properties) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 288.05 537.83 Td (provided) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 284.10 528.33 Td (as security) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 353.70 547.33 Td (Fair) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 338.55 537.83 Td (value of) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 338.10 528.33 Td (security) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 374.05 537.83 Td (Maximum) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 377.05 528.33 Td (available) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 419.05 528.33 Td (Principal) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 458.50 537.83 Td (Letters of) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 472.75 528.33 Td (credit) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 502.05 547.33 Td (A) Tj ET Q q 0 0 0 rg BT 507.39 547.33 Td (vailable ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 517.35 537.83 Td (to be ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 504.70 528.33 Td (drawn ) Tj ET Q BT /F3 9.50 Tf ET BT /F3 6.17 Tf ET q 0 0 0 rg BT 529.81 530.76 Td (\(5\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 514.33 Td (Mortgages ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 112.98 516.76 Td (\(1\)\(2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 189.10 514.03 Td (V) Tj ET Q q 0 0 0 rg BT 192.99 514.03 Td (arious ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.60 514.03 Td (V) Tj ET Q q 0 0 0 rg BT 246.49 514.03 Td (arious) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 300.60 514.11 Td (22) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 332.00 514.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 343.25 514.11 Td (863,922) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 374.00 514.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 385.25 514.11 Td (577,500) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 416.00 514.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 427.25 514.11 Td (577,500) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 458.00 514.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.50 514.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 500.00 514.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 529.50 514.11 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 500.33 Td (Revolving facility) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 132.02 502.76 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 133.43 500.33 Td (- CAD ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 156.80 502.76 Td (\(3\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.55 500.03 Td (Feb. 1, 2021) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.50 500.03 Td (BA+200 bps) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 302.55 500.11 Td (7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 343.25 500.11 Td (271,539) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 385.25 500.11 Td (172,000) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 427.25 500.11 Td (171,900) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.50 500.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 524.85 500.11 Td (100) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 486.33 Td (Revolving facility - USD ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 157.55 488.76 Td (\(3\)\(7\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.55 486.03 Td (Feb. 1, 2021) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.05 486.03 Td (L+200 bps) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 302.55 486.11 Td (1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 343.25 486.11 Td (109,590) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.15 486.11 Td (72,206) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 431.15 486.11 Td (71,691) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.50 486.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 524.85 486.11 Td (515) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 472.33 Td (Revolving credit facility ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 155.41 474.76 Td (\(3\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 179.80 472.03 Td (Nov) Tj ET Q q 0 0 0 rg BT 190.98 472.03 Td (. 30, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.50 472.03 Td (BA+200 bps) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 302.55 472.11 Td (8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 343.25 472.11 Td (131,738) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.15 472.11 Td (82,000) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 431.15 472.11 Td (37,500) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 482.85 472.11 Td (197) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 515.15 472.11 Td (44,303) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 458.33 Td (Construction facility) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.90 458.03 Td (May 4, 2021) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 230.25 458.03 Td (CDOR+300 bps) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 302.55 458.11 Td (1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 347.15 458.11 Td (40,065) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.15 458.11 Td (19,000) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.50 458.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.50 458.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 515.15 458.11 Td (19,000) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 444.33 Td (T) Tj ET Q q 0 0 0 rg BT 78.33 444.33 Td (erm loan) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 180.10 444.03 Td (Jun. 30, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.50 444.03 Td (BA+213 bps) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 302.55 444.11 Td (5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 343.25 444.11 Td (162,908) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 385.25 444.11 Td (120,000) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 427.25 444.11 Td (120,000) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.50 444.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 529.50 444.11 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 430.33 Td (Other ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 95.65 432.76 Td (\(6\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 182.10 430.03 Td (Oct. 1, 2025) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.15 430.03 Td (4.27%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 302.55 430.11 Td (1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 347.15 430.11 Td (60,965) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 393.00 430.11 Td (2,51) Tj ET Q q 0 0 0 rg BT 406.57 430.11 Td (1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 435.00 430.11 Td (2,51) Tj ET Q q 0 0 0 rg BT 448.57 430.11 Td (1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.50 430.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 529.50 430.11 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 416.33 Td (Convertible debentures) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.55 416.03 Td (Feb. 2, 2023) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.15 416.03 Td (5.25%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 301.00 416.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 361.50 416.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.15 416.11 Td (28,750) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 431.15 416.11 Td (28,750) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.50 416.11 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 529.50 416.11 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 300.35 402.20 Td (45) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 332.00 402.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.65 402.20 Td (1,640,727) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 374.00 402.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.65 402.20 Td (1,073,967) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 402.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.65 402.20 Td (1,009,852) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 458.00 402.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 482.15 402.20 Td (197) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.00 402.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.90 402.20 Td (63,918) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 389.30 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 80.89 389.30 Td (At ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 88.41 389.30 Td (March31, ) Tj ET Q q 0 0 0 rg BT 117.47 389.30 Td (2018) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 131.15 389.30 Td (, ) Tj ET Q q 0 0 0 rg BT 134.57 389.30 Td (the ) Tj ET Q q 0 0 0 rg BT 144.84 389.30 Td (weighted ) Tj ET Q q 0 0 0 rg BT 171.16 389.30 Td (average ) Tj ET Q q 0 0 0 rg BT 195.10 389.30 Td (remaining ) Tj ET Q q 0 0 0 rg BT 223.81 389.30 Td (term ) Tj ET Q q 0 0 0 rg BT 237.83 389.30 Td (to ) Tj ET Q q 0 0 0 rg BT 244.67 389.30 Td (maturity ) Tj ET Q q 0 0 0 rg BT 268.25 389.30 Td (of ) Tj ET Q q 0 0 0 rg BT 275.10 389.30 Td (mortgages ) Tj ET Q q 0 0 0 rg BT 305.87 389.30 Td (is ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 312.02 389.30 Td (4.7) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 320.57 389.30 Td ( ) Tj ET Q q 0 0 0 rg BT 322.28 389.30 Td (years ) Tj ET Q q 0 0 0 rg BT 339.03 389.30 Td (with ) Tj ET Q q 0 0 0 rg BT 351.68 389.30 Td (maturities ) Tj ET Q q 0 0 0 rg BT 380.05 389.30 Td (ranging ) Tj ET Q q 0 0 0 rg BT 402.27 389.30 Td (from ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 416.29 389.30 Td (1.7) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 424.84 389.30 Td ( ) Tj ET Q q 0 0 0 rg BT 426.55 389.30 Td (to ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 433.39 389.30 Td (12.6) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 445.36 389.30 Td ( ) Tj ET Q q 0 0 0 rg BT 447.07 389.30 Td (years. ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 380.30 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 80.89 380.30 Td (At ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 88.41 380.30 Td (March31, ) Tj ET Q q 0 0 0 rg BT 117.47 380.30 Td (2018) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 131.15 380.30 Td (, ) Tj ET Q q 0 0 0 rg BT 134.57 380.30 Td (the ) Tj ET Q q 0 0 0 rg BT 144.84 380.30 Td (weighted ) Tj ET Q q 0 0 0 rg BT 171.16 380.30 Td (average ) Tj ET Q q 0 0 0 rg BT 195.10 380.30 Td (interest ) Tj ET Q q 0 0 0 rg BT 216.98 380.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 229.29 380.30 Td (of ) Tj ET Q q 0 0 0 rg BT 236.13 380.30 Td (mortgages ) Tj ET Q q 0 0 0 rg BT 266.90 380.30 Td (is ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 273.05 380.30 Td (3.71%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 290.49 380.30 Td ( ) Tj ET Q q 0 0 0 rg BT 292.20 380.30 Td (with ) Tj ET Q q 0 0 0 rg BT 304.85 380.30 Td (coupons ) Tj ET Q q 0 0 0 rg BT 329.82 380.30 Td (ranging ) Tj ET Q q 0 0 0 rg BT 352.04 380.30 Td (from ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 366.05 380.30 Td (2.65%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 383.49 380.30 Td ( ) Tj ET Q q 0 0 0 rg BT 385.20 380.30 Td (to ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 392.04 380.30 Td (7.75%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.48 380.30 Td (.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 371.30 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 81.23 371.30 Td (Stand-by ) Tj ET Q q 0 0 0 rg BT 107.55 371.30 Td (fees ) Tj ET Q q 0 0 0 rg BT 120.89 371.30 Td (incurred ) Tj ET Q q 0 0 0 rg BT 144.82 371.30 Td (on ) Tj ET Q q 0 0 0 rg BT 153.37 371.30 Td (the ) Tj ET Q q 0 0 0 rg BT 163.63 371.30 Td (unutilized ) Tj ET Q q 0 0 0 rg BT 191.33 371.30 Td (portion ) Tj ET Q q 0 0 0 rg BT 211.85 371.30 Td (of ) Tj ET Q q 0 0 0 rg BT 218.69 371.30 Td (on ) Tj ET Q q 0 0 0 rg BT 227.24 371.30 Td (the ) Tj ET Q q 0 0 0 rg BT 237.50 371.30 Td (revolving ) Tj ET Q q 0 0 0 rg BT 263.83 371.30 Td (operating ) Tj ET Q q 0 0 0 rg BT 291.18 371.30 Td (facility ) Tj ET Q q 0 0 0 rg BT 309.99 371.30 Td (and ) Tj ET Q q 0 0 0 rg BT 321.96 371.30 Td (the ) Tj ET Q q 0 0 0 rg BT 332.22 371.30 Td (revolving ) Tj ET Q q 0 0 0 rg BT 358.54 371.30 Td (credit ) Tj ET Q q 0 0 0 rg BT 375.29 371.30 Td (facility ) Tj ET Q q 0 0 0 rg BT 394.10 371.30 Td (are ) Tj ET Q q 0 0 0 rg BT 404.70 371.30 Td (each ) Tj ET Q q 0 0 0 rg BT 419.74 371.30 Td (0.40%, ) Tj ET Q q 0 0 0 rg BT 440.60 371.30 Td (charged ) Tj ET Q q 0 0 0 rg BT 464.54 371.30 Td (and ) Tj ET Q q 0 0 0 rg BT 476.51 371.30 Td (paid ) Tj ET Q q 0 0 0 rg BT 489.85 371.30 Td (quarterly) Tj ET Q q 0 0 0 rg BT 513.33 371.30 Td (.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 362.30 Td (\(4\) ) Tj ET Q q 0 0 0 rg BT 80.96 362.30 Td ("BA" ) Tj ET Q q 0 0 0 rg BT 94.98 362.30 Td (means ) Tj ET Q q 0 0 0 rg BT 114.89 362.30 Td (the ) Tj ET Q q 0 0 0 rg BT 124.88 362.30 Td (one-month ) Tj ET Q q 0 0 0 rg BT 155.74 362.30 Td (Bankers' ) Tj ET Q q 0 0 0 rg BT 180.64 362.30 Td (Acceptances ) Tj ET Q q 0 0 0 rg BT 217.31 362.30 Td (rate; ) Tj ET Q q 0 0 0 rg BT 231.06 362.30 Td ("L" ) Tj ET Q q 0 0 0 rg BT 240.29 362.30 Td (means ) Tj ET Q q 0 0 0 rg BT 260.20 362.30 Td (the ) Tj ET Q q 0 0 0 rg BT 270.20 362.30 Td (one ) Tj ET Q q 0 0 0 rg BT 281.91 362.30 Td (month ) Tj ET Q q 0 0 0 rg BT 300.45 362.30 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 313.86 362.30 Td (London ) Tj ET Q q 0 0 0 rg BT 335.83 362.30 Td (Interbank ) Tj ET Q q 0 0 0 rg BT 362.92 362.30 Td (Of) Tj ET Q q 0 0 0 rg BT 369.31 362.30 Td (fering ) Tj ET Q q 0 0 0 rg BT 386.15 362.30 Td (Rate; ) Tj ET Q q 0 0 0 rg BT 402.29 362.30 Td ("CDOR" ) Tj ET Q q 0 0 0 rg BT 426.21 362.30 Td (means ) Tj ET Q q 0 0 0 rg BT 446.12 362.30 Td (the ) Tj ET Q q 0 0 0 rg BT 456.12 362.30 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 483.89 362.30 Td (Dealer ) Tj ET Q q 0 0 0 rg BT 503.45 362.30 Td (Of) Tj ET Q q 0 0 0 rg BT 509.84 362.30 Td (fered ) Tj ET Q q 0 0 0 rg BT 525.31 362.30 Td (Rate; ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 353.30 Td (and ) Tj ET Q q 0 0 0 rg BT 83.97 353.30 Td ("bps" ) Tj ET Q q 0 0 0 rg BT 99.96 353.30 Td (means ) Tj ET Q q 0 0 0 rg BT 120.14 353.30 Td (basis ) Tj ET Q q 0 0 0 rg BT 136.21 353.30 Td (point ) Tj ET Q q 0 0 0 rg BT 151.25 353.30 Td (or ) Tj ET Q q 0 0 0 rg BT 158.43 353.30 Td (1/100th ) Tj ET Q q 0 0 0 rg BT 180.67 353.30 Td (of ) Tj ET Q q 0 0 0 rg BT 187.51 353.30 Td (one ) Tj ET Q q 0 0 0 rg BT 199.48 353.30 Td (percent. ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 344.30 Td (\(5\)) Tj ET Q BT /F2 7.50 Tf ET BT /F2 4.87 Tf ET q 0 0 0 rg BT 79.52 346.22 Td ( ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 80.63 344.30 Td (Debt ) Tj ET Q q 0 0 0 rg BT 95.33 344.30 Td (is ) Tj ET Q q 0 0 0 rg BT 101.48 344.30 Td (only ) Tj ET Q q 0 0 0 rg BT 114.47 344.30 Td (available ) Tj ET Q q 0 0 0 rg BT 140.46 344.30 Td (to ) Tj ET Q q 0 0 0 rg BT 147.30 344.30 Td (be ) Tj ET Q q 0 0 0 rg BT 155.85 344.30 Td (drawn ) Tj ET Q q 0 0 0 rg BT 174.31 344.30 Td (subject ) Tj ET Q q 0 0 0 rg BT 195.51 344.30 Td (to ) Tj ET Q q 0 0 0 rg BT 202.35 344.30 Td (certain ) Tj ET Q q 0 0 0 rg BT 222.52 344.30 Td (covenants ) Tj ET Q q 0 0 0 rg BT 252.28 344.30 Td (and ) Tj ET Q q 0 0 0 rg BT 264.25 344.30 Td (other ) Tj ET Q q 0 0 0 rg BT 279.98 344.30 Td (requirements.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 335.30 Td (\(6\) ) Tj ET Q q 0 0 0 rg BT 81.04 335.30 Td (Secured ) Tj ET Q q 0 0 0 rg BT 105.47 335.30 Td (by ) Tj ET Q q 0 0 0 rg BT 113.49 335.30 Td (the ) Tj ET Q q 0 0 0 rg BT 123.56 335.30 Td (Data ) Tj ET Q q 0 0 0 rg BT 138.07 335.30 Td (Centre, ) Tj ET Q q 0 0 0 rg BT 159.76 335.30 Td (which ) Tj ET Q q 0 0 0 rg BT 177.01 335.30 Td (is ) Tj ET Q q 0 0 0 rg BT 182.97 335.30 Td (accounted ) Tj ET Q q 0 0 0 rg BT 212.88 335.30 Td (for ) Tj ET Q q 0 0 0 rg BT 221.58 335.30 Td (as ) Tj ET Q q 0 0 0 rg BT 229.60 335.30 Td (a ) Tj ET Q q 0 0 0 rg BT 234.54 335.30 Td (finance ) Tj ET Q q 0 0 0 rg BT 255.90 335.30 Td (lease ) Tj ET Q q 0 0 0 rg BT 272.12 335.30 Td (receivable ) Tj ET Q q 0 0 0 rg BT 301.68 335.30 Td (and ) Tj ET Q q 0 0 0 rg BT 313.46 335.30 Td (not ) Tj ET Q q 0 0 0 rg BT 323.54 335.30 Td (included ) Tj ET Q q 0 0 0 rg BT 347.97 335.30 Td (in ) Tj ET Q q 0 0 0 rg BT 354.28 335.30 Td (the ) Tj ET Q q 0 0 0 rg BT 364.35 335.30 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 384.14 335.30 Td (properties. ) Tj ET Q q 0 0 0 rg BT 414.63 335.30 Td (The ) Tj ET Q q 0 0 0 rg BT 426.75 335.30 Td (value ) Tj ET Q q 0 0 0 rg BT 442.97 335.30 Td (above ) Tj ET Q q 0 0 0 rg BT 461.25 335.30 Td (represents ) Tj ET Q q 0 0 0 rg BT 491.84 335.30 Td (the ) Tj ET Q q 0 0 0 rg BT 501.91 335.30 Td (carrying ) Tj ET Q q 0 0 0 rg BT 525.31 335.30 Td (value ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 326.30 Td (of ) Tj ET Q q 0 0 0 rg BT 78.84 326.30 Td (the ) Tj ET Q q 0 0 0 rg BT 89.10 326.30 Td (finance ) Tj ET Q q 0 0 0 rg BT 110.65 326.30 Td (lease ) Tj ET Q q 0 0 0 rg BT 127.06 326.30 Td (receivable.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 317.30 Td (\(7\) ) Tj ET Q q 0 0 0 rg BT 80.89 317.30 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 106.87 317.30 Td (have ) Tj ET Q q 0 0 0 rg BT 121.92 317.30 Td (been ) Tj ET Q q 0 0 0 rg BT 137.31 317.30 Td (translated ) Tj ET Q q 0 0 0 rg BT 166.04 317.30 Td (from ) Tj ET Q q 0 0 0 rg BT 180.05 317.30 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 193.72 317.30 Td (to ) Tj ET Q q 0 0 0 rg BT 200.56 317.30 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 228.60 317.30 Td (dollars ) Tj ET Q q 0 0 0 rg BT 248.43 317.30 Td (using ) Tj ET Q q 0 0 0 rg BT 264.84 317.30 Td (the ) Tj ET Q q 0 0 0 rg BT 275.10 317.30 Td (prevailing ) Tj ET Q q 0 0 0 rg BT 303.14 317.30 Td (exchange ) Tj ET Q q 0 0 0 rg BT 331.52 317.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 343.83 317.30 Td (on ) Tj ET Q q 0 0 0 rg BT 352.38 317.30 Td (March ) Tj ET Q q 0 0 0 rg BT 371.18 317.30 Td (31, ) Tj ET Q q 0 0 0 rg BT 381.44 317.30 Td (2018.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 296.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 296.90 Td (carrying ) Tj ET Q q 0 0 0 rg BT 117.46 296.90 Td (value ) Tj ET Q q 0 0 0 rg BT 138.26 296.90 Td (of ) Tj ET Q q 0 0 0 rg BT 146.92 296.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 164.25 296.90 Td (held ) Tj ET Q q 0 0 0 rg BT 181.15 296.90 Td (by ) Tj ET Q q 0 0 0 rg BT 191.54 296.90 Td (the ) Tj ET Q q 0 0 0 rg BT 204.54 296.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 222.15 296.90 Td ( ) Tj ET Q q 0 0 0 rg BT 224.32 296.90 Td (at ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 232.98 296.90 Td (March31, ) Tj ET Q q 0 0 0 rg BT 269.79 296.90 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 287.12 296.90 Td ( ) Tj ET Q q 0 0 0 rg BT 289.29 296.90 Td (is ) Tj ET Q q 0 0 0 rg BT 297.08 296.90 Td (as ) Tj ET Q q 0 0 0 rg BT 307.48 296.90 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 280.4 m 203.5 280.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 217.39999999999998 m 203.5 217.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 280.4 m 259.5 280.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 203.5 217.39999999999998 m 259.5 217.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 280.4 m 315.5 280.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 217.39999999999998 m 315.5 217.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 280.4 m 371.5 280.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 315.5 217.39999999999998 m 371.5 217.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 280.4 m 427.5 280.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 371.5 217.39999999999998 m 427.5 217.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 280.4 m 483.5 280.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 427.5 217.39999999999998 m 483.5 217.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 280.4 m 539.5 280.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 483.5 217.39999999999998 m 539.5 217.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 119.39999999999998 m 203.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 203.5 119.39999999999998 m 259.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 119.39999999999998 m 315.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 315.5 119.39999999999998 m 371.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 371.5 119.39999999999998 m 427.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 427.5 119.39999999999998 m 483.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 483.5 119.39999999999998 m 539.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 105.39999999999998 m 203.5 105.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 203.5 119.39999999999998 m 259.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 105.39999999999998 m 259.5 105.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 119.39999999999998 m 315.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 105.39999999999998 m 315.5 105.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 315.5 119.39999999999998 m 371.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 105.39999999999998 m 371.5 105.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 371.5 119.39999999999998 m 427.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 105.39999999999998 m 427.5 105.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 427.5 119.39999999999998 m 483.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 105.39999999999998 m 483.5 105.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 483.5 119.39999999999998 m 539.5 119.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 105.39999999999998 m 539.5 105.39999999999998 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 220.90 221.93 Td ( Principal) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 279.10 259.93 Td ( Mark-to-) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 286.45 250.43 Td (market) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 281.65 240.93 Td (\("MTM"\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 266.10 231.43 Td (adjustments) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 275.60 221.93 Td (and costs) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 319.05 269.43 Td (Accumulated) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 321.65 259.93 Td (amortization) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 340.70 250.43 Td (of MTM) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 319.90 240.93 Td (adjustments,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 331.60 231.43 Td (costs and) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 348.50 221.93 Td (other) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 389.80 231.43 Td ( Carrying) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 395.85 221.93 Td (amount) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 451.85 221.93 Td (Current) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 489.25 221.93 Td ( Non-current) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 207.93 Td (Mortgages) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 206.00 207.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 228.20 207.93 Td (577,500) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 262.00 207.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 290.30 207.98 Td (\(2,890) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 312.40 207.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 318.00 207.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 355.40 207.93 Td (249) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 374.00 207.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 396.20 207.93 Td (574,859) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 430.00 207.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 456.55 207.93 Td (1) Tj ET Q q 0 0 0 rg BT 460.88 207.93 Td (1,763) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 486.00 207.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 207.93 Td (563,096) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 193.93 Td (Revolving facility - CAD) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 228.20 193.93 Td (171,900) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 290.30 193.98 Td (\(2,769) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 312.40 193.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 348.90 193.93 Td (2,043) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 396.20 193.93 Td (171,174) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 472.60 193.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 193.93 Td (171,174) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 179.93 Td (Revolving facility - USD) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 232.50 179.93 Td (71,691) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 296.80 179.98 Td (\(507) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 312.40 179.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 359.70 179.93 Td (30) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 400.55 179.93 Td (71,214) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 472.60 179.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 179.93 Td (71,214) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 165.93 Td (Revolving credit facility) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 232.50 165.93 Td (37,500) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 296.80 165.98 Td (\(390) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 312.40 165.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 359.70 165.93 Td (59) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 400.55 165.93 Td (37,169) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 472.60 165.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 165.93 Td (37,169) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 151.93 Td (T) Tj ET Q q 0 0 0 rg BT 78.33 151.93 Td (erm loan) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 228.20 151.93 Td (120,000) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 296.80 151.98 Td (\(666) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 312.40 151.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 355.40 151.93 Td (247) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 396.20 151.93 Td (1) Tj ET Q q 0 0 0 rg BT 400.53 151.93 Td (19,581) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 472.60 151.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 151.93 Td (1) Tj ET Q q 0 0 0 rg BT 512.53 151.93 Td (19,581) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 137.93 Td (Other facility) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 236.90 137.98 Td (2,51) Tj ET Q q 0 0 0 rg BT 252.06 137.98 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 301.10 137.98 Td (\(36) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 312.40 137.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 364.05 137.98 Td (9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 404.90 137.93 Td (2,484) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.40 137.93 Td (154) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 137.93 Td (2,330) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 123.93 Td (Convertible debentures ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 156.72 126.36 Td (\(1\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 232.50 123.93 Td (28,750) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 290.30 123.98 Td (\(1,320) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 312.40 123.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 359.70 123.93 Td (40) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 400.55 123.93 Td (27,470) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 472.60 123.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 123.93 Td (27,470) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 206.00 109.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 221.70 109.93 Td (1,009,852) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 262.00 109.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 290.30 109.98 Td (\(8,578) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 312.40 109.93 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 318.00 109.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 348.90 109.93 Td (2,677) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 374.00 109.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 389.70 109.93 Td (1,003,951) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 430.00 109.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 456.55 109.93 Td (1) Tj ET Q q 0 0 0 rg BT 460.88 109.93 Td (1,917) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 486.00 109.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 508.20 109.93 Td (992,034) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 96.90 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 80.81 96.90 Td (Represents ) Tj ET Q q 0 0 0 rg BT 113.56 96.90 Td (the ) Tj ET Q q 0 0 0 rg BT 123.41 96.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 136.67 96.90 Td (component ) Tj ET Q q 0 0 0 rg BT 168.40 96.90 Td (of ) Tj ET Q q 0 0 0 rg BT 174.83 96.90 Td (the ) Tj ET Q q 0 0 0 rg BT 184.68 96.90 Td (convertible ) Tj ET Q q 0 0 0 rg BT 215.72 96.90 Td (debentures. ) Tj ET Q q 0 0 0 rg BT 249.50 96.90 Td ( ) Tj ET Q q 0 0 0 rg BT 250.72 96.90 Td (The ) Tj ET Q q 0 0 0 rg BT 262.61 96.90 Td (embedded ) Tj ET Q q 0 0 0 rg BT 292.98 96.90 Td (derivative ) Tj ET Q q 0 0 0 rg BT 320.60 96.90 Td (features, ) Tj ET Q q 0 0 0 rg BT 345.83 96.90 Td (which ) Tj ET Q q 0 0 0 rg BT 362.85 96.90 Td (are ) Tj ET Q q 0 0 0 rg BT 373.03 96.90 Td (the ) Tj ET Q q 0 0 0 rg BT 382.88 96.90 Td (holder ) Tj ET Q q 0 0 0 rg BT 401.27 96.90 Td (conversion ) Tj ET Q q 0 0 0 rg BT 432.31 96.90 Td (option ) Tj ET Q q 0 0 0 rg BT 450.37 96.90 Td (and ) Tj ET Q q 0 0 0 rg BT 461.92 96.90 Td (the ) Tj ET Q q 0 0 0 rg BT 471.77 96.90 Td (issuer ) Tj ET Q q 0 0 0 rg BT 489.47 96.90 Td (redemption ) Tj ET Q q 0 0 0 rg BT 521.54 96.90 Td (option, ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 87.90 Td (originally ) Tj ET Q q 0 0 0 rg BT 97.75 87.90 Td (recorded ) Tj ET Q q 0 0 0 rg BT 123.50 87.90 Td (in ) Tj ET Q q 0 0 0 rg BT 129.77 87.90 Td (the ) Tj ET Q q 0 0 0 rg BT 139.80 87.90 Td (amount 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(consolidated ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 78.90 Td (statements ) Tj ET Q q 0 0 0 rg BT 103.80 78.90 Td (of ) Tj ET Q q 0 0 0 rg BT 110.64 78.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 134.92 78.90 Td (position. ) Tj ET Q q 0 0 0 rg BT 159.54 78.90 Td ( ) Tj ET Q q 0 0 0 rg BT 161.25 78.90 Td ( ) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless 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rg BT 402.94 695.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 411.73 695.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 433.53 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 446.65 695.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 464.26 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 466.56 695.10 Td (renewed ) Tj ET Q q 0 0 0 rg BT 498.73 695.10 Td (its ) Tj ET Q q 0 0 0 rg BT 508.82 695.10 Td (revolving ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 683.70 Td (operating ) Tj ET Q q 0 0 0 rg BT 106.92 683.70 Td (facility) Tj ET Q q 0 0 0 rg BT 128.00 683.70 Td (, ) Tj ET Q q 0 0 0 rg BT 132.60 683.70 Td (extending ) Tj ET Q q 0 0 0 rg BT 168.82 683.70 Td (the ) Tj ET Q q 0 0 0 rg BT 182.08 683.70 Td (maturity ) Tj ET Q q 0 0 0 rg BT 212.23 683.70 Td (to ) Tj ET Q q 0 0 0 rg BT 221.16 683.70 Td (February ) Tj ET Q q 0 0 0 rg BT 254.76 683.70 Td (1, ) Tj ET Q q 0 0 0 rg BT 263.69 683.70 Td (2021 ) Tj ET Q q 0 0 0 rg BT 283.46 683.70 Td (and ) Tj ET Q q 0 0 0 rg BT 298.89 683.70 Td (providing ) Tj ET Q q 0 0 0 rg BT 332.94 683.70 Td 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Q q 0 0 0 rg BT 321.93 672.30 Td (and ) Tj ET Q q 0 0 0 rg BT 336.87 672.30 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 353.95 672.30 Td ($56.0 ) Tj ET Q q 0 0 0 rg BT 375.38 672.30 Td (million. ) Tj ET Q q 0 0 0 rg BT 401.56 672.30 Td ( ) Tj ET Q q 0 0 0 rg BT 403.49 672.30 Td (20 ) Tj ET Q q 0 0 0 rg BT 414.09 672.30 Td (South ) Tj ET Q q 0 0 0 rg BT 436.38 672.30 Td (Clark ) Tj ET Q q 0 0 0 rg BT 456.49 672.30 Td (was ) Tj ET Q q 0 0 0 rg BT 472.27 672.30 Td (added ) Tj ET Q q 0 0 0 rg BT 495.87 672.30 Td (to ) Tj ET Q q 0 0 0 rg BT 504.30 672.30 Td (this ) Tj ET Q q 0 0 0 rg BT 518.36 672.30 Td (facility ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 660.90 Td (as ) Tj ET Q q 0 0 0 rg BT 82.02 660.90 Td (a ) Tj ET Q q 0 0 0 rg BT 88.14 660.90 Td (secured ) Tj ET Q q 0 0 0 rg BT 117.65 660.90 Td (property ) Tj ET Q q 0 0 0 rg BT 148.01 660.90 Td (and ) Tj ET Q q 0 0 0 rg BT 162.80 660.90 Td (the ) Tj ET Q q 0 0 0 rg BT 175.42 660.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 193.03 660.90 Td ( ) Tj ET Q q 0 0 0 rg BT 194.82 660.90 Td (was ) Tj ET Q q 0 0 0 rg BT 210.46 660.90 Td (advanced ) Tj ET Q q 0 0 0 rg BT 246.04 660.90 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 262.98 660.90 Td ($55.6 ) Tj ET Q q 0 0 0 rg BT 284.26 660.90 Td (million ) Tj ET Q q 0 0 0 rg BT 308.13 660.90 Td (of ) Tj ET Q q 0 0 0 rg BT 316.42 660.90 Td (the ) Tj ET Q q 0 0 0 rg BT 329.04 660.90 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 345.98 660.90 Td (dollar ) Tj ET Q q 0 0 0 rg BT 366.82 660.90 Td (capacity ) Tj ET Q q 0 0 0 rg BT 397.19 660.90 Td (which ) Tj ET Q q 0 0 0 rg BT 418.89 660.90 Td (was ) Tj ET Q q 0 0 0 rg BT 434.53 660.90 Td (used ) Tj ET Q q 0 0 0 rg BT 453.22 660.90 Td (to ) Tj ET Q q 0 0 0 rg BT 461.50 660.90 Td (finance ) Tj ET Q q 0 0 0 rg BT 488.42 660.90 Td (the ) Tj ET Q q 0 0 0 rg BT 501.04 660.90 Td (acquisition. ) Tj ET Q q 0 0 0 rg BT 542.18 660.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 643.50 Td (Additionally) Tj ET Q q 0 0 0 rg BT 111.27 643.50 Td (, ) Tj ET Q q 0 0 0 rg BT 115.76 643.50 Td (in ) Tj ET Q q 0 0 0 rg BT 124.14 643.50 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 165.87 643.50 Td (with ) Tj ET Q q 0 0 0 rg BT 182.04 643.50 Td (the ) Tj ET Q q 0 0 0 rg BT 195.19 643.50 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 234.32 643.50 Td (of ) Tj ET Q q 0 0 0 rg BT 243.13 643.50 Td (the ) Tj ET Q q 0 0 0 rg BT 256.28 643.50 Td (7 ) Tj ET Q q 0 0 0 rg BT 262.47 643.50 Td (Asset ) Tj ET Q q 0 0 0 rg BT 284.28 643.50 Td (Portfolio ) Tj ET Q q 0 0 0 rg BT 315.17 643.50 Td (on ) Tj ET Q q 0 0 0 rg BT 326.16 643.50 Td (March ) Tj ET Q q 0 0 0 rg BT 350.12 643.50 Td (27, ) Tj ET Q q 0 0 0 rg BT 363.27 643.50 Td (2018, ) Tj ET Q q 0 0 0 rg BT 385.08 643.50 Td (the ) Tj ET Q q 0 0 0 rg BT 398.23 643.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 415.84 643.50 Td ( ) Tj ET Q q 0 0 0 rg BT 418.15 643.50 Td (assumed ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 452.08 643.50 Td ($82.1 ) Tj ET Q q 0 0 0 rg BT 473.90 643.50 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 495.97 643.50 Td ( ) Tj ET Q q 0 0 0 rg BT 498.29 643.50 Td (of ) Tj ET Q q 0 0 0 rg BT 507.11 643.50 Td (mortgage ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 632.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 89.33 632.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 117.05 632.10 Td (to ) Tj ET Q q 0 0 0 rg BT 125.71 632.10 Td (four ) Tj ET Q q 0 0 0 rg BT 141.30 632.10 Td (of ) Tj ET Q q 0 0 0 rg BT 149.97 632.10 Td (the ) Tj ET Q q 0 0 0 rg BT 162.97 632.10 Td (acquired ) Tj ET Q q 0 0 0 rg BT 195.02 632.10 Td (properties. ) Tj ET Q q 0 0 0 rg BT 233.99 632.10 Td (Maturities ) Tj ET Q q 0 0 0 rg BT 269.93 632.10 Td (of ) Tj ET Q q 0 0 0 rg BT 278.60 632.10 Td (the ) Tj ET Q q 0 0 0 rg BT 291.59 632.10 Td (assumed ) Tj ET Q q 0 0 0 rg BT 325.37 632.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 342.70 632.10 Td (range ) Tj ET Q q 0 0 0 rg BT 364.79 632.10 Td (from ) Tj ET Q q 0 0 0 rg BT 382.12 632.10 Td (April ) Tj ET Q q 0 0 0 rg BT 399.86 632.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 412.86 632.10 Td (2021 ) Tj ET Q q 0 0 0 rg BT 432.36 632.10 Td (to ) Tj ET Q q 0 0 0 rg BT 441.02 632.10 Td (September ) Tj ET Q q 0 0 0 rg BT 481.30 632.10 Td (30, ) Tj ET Q q 0 0 0 rg BT 494.30 632.10 Td (2026.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 614.70 Td (Future ) Tj ET Q q 0 0 0 rg BT 97.59 614.70 Td (principal ) Tj ET Q q 0 0 0 rg BT 129.68 614.70 Td (payments ) Tj ET Q q 0 0 0 rg BT 166.54 614.70 Td (and ) Tj ET Q q 0 0 0 rg BT 182.61 614.70 Td (maturities, ) Tj ET Q q 0 0 0 rg BT 221.63 614.70 Td (excluding ) Tj ET Q q 0 0 0 rg BT 257.62 614.70 Td (amortization ) Tj ET Q q 0 0 0 rg BT 303.13 614.70 Td (of ) Tj ET Q q 0 0 0 rg BT 312.71 614.70 Td (mark-to-market ) Tj ET Q q 0 0 0 rg BT 368.60 614.70 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 413.68 614.70 Td (and ) Tj ET Q q 0 0 0 rg BT 429.76 614.70 Td (transaction ) Tj ET Q q 0 0 0 rg BT 470.95 614.70 Td (costs ) Tj ET Q q 0 0 0 rg BT 492.21 614.70 Td (on ) Tj ET Q q 0 0 0 rg BT 503.95 614.70 Td (debt ) Tj ET Q q 0 0 0 rg BT 522.20 614.70 Td (as ) Tj ET Q q 0 0 0 rg BT 533.50 614.70 Td (at ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 603.30 Td (March31, ) Tj ET Q q 0 0 0 rg BT 108.81 603.30 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 126.14 603.30 Td ( ) Tj ET Q q 0 0 0 rg BT 128.31 603.30 Td (are ) Tj ET Q q 0 0 0 rg BT 141.73 603.30 Td (as ) Tj ET Q q 0 0 0 rg BT 152.13 603.30 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 586.8 m 485.5 586.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 586.8 m 539.5 586.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 496.8 m 485.5 496.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 496.8 m 539.5 496.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 481.8 m 485.5 481.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 481.8 m 539.5 481.8 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 576.33 Td (Remainder of 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 488.00 576.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 576.33 Td (9,1) Tj ET Q q 0 0 0 rg BT 527.73 576.33 Td (1) Tj ET Q q 0 0 0 rg BT 532.06 576.33 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 561.33 Td (2019) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 561.33 Td (180,207) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 546.33 Td (2020) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 546.33 Td (1) Tj ET Q q 0 0 0 rg BT 512.53 546.33 Td (13,215) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 531.33 Td (2021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 531.33 Td (522,990) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 516.33 Td (2022) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 516.33 Td (7,659) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 501.33 Td (Thereafter) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 508.20 501.33 Td (176,670) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 488.00 486.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 501.70 486.33 Td (1,009,852) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 461.90 Td (Convertible Debentures) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 444.50 Td (On ) Tj ET Q q 0 0 0 rg BT 84.56 444.50 Td (January ) Tj ET Q q 0 0 0 rg BT 114.44 444.50 Td (26, ) Tj ET Q q 0 0 0 rg BT 127.44 444.50 Td (2018, ) Tj ET Q q 0 0 0 rg BT 149.11 444.50 Td (the ) Tj ET Q q 0 0 0 rg BT 162.10 444.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 179.71 444.50 Td ( ) Tj ET Q q 0 0 0 rg BT 181.88 444.50 Td (issued ) Tj ET Q q 0 0 0 rg BT 206.57 444.50 Td ($28.8 ) Tj ET Q q 0 0 0 rg BT 228.23 444.50 Td (million ) Tj ET Q q 0 0 0 rg BT 252.47 444.50 Td (of ) Tj ET Q q 0 0 0 rg BT 261.14 444.50 Td (5.25% ) Tj ET Q q 0 0 0 rg BT 285.40 444.50 Td (convertible ) Tj ET Q q 0 0 0 rg BT 325.24 444.50 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 363.79 444.50 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 411.00 444.50 Td (debentures ) Tj ET Q q 0 0 0 rg BT 452.15 444.50 Td (of ) Tj ET Q q 0 0 0 rg BT 460.81 444.50 Td (the ) Tj ET Q q 0 0 0 rg BT 473.81 444.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 490.69 444.50 Td (. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 427.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.54 427.10 Td (convertible ) Tj ET Q q 0 0 0 rg BT 127.34 427.10 Td (debentures ) Tj ET Q q 0 0 0 rg BT 168.44 427.10 Td (are ) Tj ET Q q 0 0 0 rg BT 181.82 427.10 Td (convertible ) Tj ET Q q 0 0 0 rg BT 221.62 427.10 Td (into ) Tj ET Q q 0 0 0 rg BT 236.30 427.10 Td (freely ) Tj ET Q q 0 0 0 rg BT 257.47 427.10 Td (tradeable ) Tj ET Q q 0 0 0 rg BT 292.08 427.10 Td (units ) Tj ET Q q 0 0 0 rg BT 310.66 427.10 Td (at ) Tj ET Q q 0 0 0 rg BT 319.28 427.10 Td (the ) Tj ET Q q 0 0 0 rg BT 332.23 427.10 Td (option ) Tj ET Q q 0 0 0 rg BT 355.58 427.10 Td (of ) Tj ET Q q 0 0 0 rg BT 364.19 427.10 Td (the ) Tj ET Q q 0 0 0 rg BT 377.15 427.10 Td (holder ) Tj ET Q q 0 0 0 rg BT 400.92 427.10 Td (at ) Tj ET Q q 0 0 0 rg BT 409.54 427.10 Td (any ) Tj ET Q q 0 0 0 rg BT 424.22 427.10 Td (time ) Tj ET Q q 0 0 0 rg BT 441.06 427.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 458.76 427.10 Td (to ) Tj ET Q q 0 0 0 rg BT 467.38 427.10 Td (the ) Tj ET Q q 0 0 0 rg BT 480.33 427.10 Td (close ) Tj ET Q q 0 0 0 rg BT 500.64 427.10 Td (of ) Tj ET Q q 0 0 0 rg BT 509.26 427.10 Td (business ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 415.70 Td (on ) Tj ET Q q 0 0 0 rg BT 82.32 415.70 Td (the ) Tj ET Q q 0 0 0 rg BT 94.80 415.70 Td (earliest ) Tj ET Q q 0 0 0 rg BT 121.57 415.70 Td (of; ) Tj ET Q q 0 0 0 rg BT 131.88 415.70 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 140.45 415.70 Td (the ) Tj ET Q q 0 0 0 rg BT 152.93 415.70 Td (last ) Tj ET Q q 0 0 0 rg BT 166.71 415.70 Td (business ) Tj ET Q q 0 0 0 rg BT 199.11 415.70 Td (day ) Tj ET Q q 0 0 0 rg BT 213.33 415.70 Td (before ) Tj ET Q q 0 0 0 rg BT 237.07 415.70 Td (February ) Tj ET Q q 0 0 0 rg BT 269.89 415.70 Td (28, ) Tj ET Q q 0 0 0 rg BT 282.37 415.70 Td (2023; ) Tj ET Q q 0 0 0 rg BT 303.52 415.70 Td (or ) Tj ET Q q 0 0 0 rg BT 312.10 415.70 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 322.40 415.70 Td (if ) Tj ET Q q 0 0 0 rg BT 327.95 415.70 Td (called ) Tj ET Q q 0 0 0 rg BT 349.95 415.70 Td (for ) Tj ET Q q 0 0 0 rg BT 360.70 415.70 Td (redemption, ) Tj ET Q q 0 0 0 rg BT 403.49 415.70 Td (the ) Tj ET Q q 0 0 0 rg BT 415.97 415.70 Td (business ) Tj ET Q q 0 0 0 rg BT 448.37 415.70 Td (day ) Tj ET Q q 0 0 0 rg BT 462.59 415.70 Td (immediately ) Tj ET Q q 0 0 0 rg BT 505.80 415.70 Td (preceding ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 404.30 Td (the ) Tj ET Q q 0 0 0 rg BT 84.13 404.30 Td (date ) Tj ET Q q 0 0 0 rg BT 100.59 404.30 Td (specified ) Tj ET Q q 0 0 0 rg BT 132.64 404.30 Td (by ) Tj ET Q q 0 0 0 rg BT 142.17 404.30 Td (the ) Tj ET Q q 0 0 0 rg BT 154.30 404.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 171.91 404.30 Td ( ) Tj ET Q q 0 0 0 rg BT 173.21 404.30 Td (for ) Tj ET Q q 0 0 0 rg BT 183.60 404.30 Td (redemption ) Tj ET Q q 0 0 0 rg BT 223.87 404.30 Td (of ) Tj ET Q q 0 0 0 rg BT 231.67 404.30 Td (the ) Tj ET Q q 0 0 0 rg BT 243.80 404.30 Td (debentures, ) Tj ET Q q 0 0 0 rg BT 286.25 404.30 Td (at ) Tj ET Q q 0 0 0 rg BT 294.05 404.30 Td (a ) Tj ET Q q 0 0 0 rg BT 299.68 404.30 Td (conversion ) Tj ET Q q 0 0 0 rg BT 338.65 404.30 Td (price ) Tj ET Q q 0 0 0 rg BT 356.84 404.30 Td (of ) Tj ET Q q 0 0 0 rg BT 364.64 404.30 Td ($10.53 ) Tj ET Q q 0 0 0 rg BT 389.76 404.30 Td (per ) Tj ET Q q 0 0 0 rg BT 402.32 404.30 Td (unit ) Tj ET Q q 0 0 0 rg BT 416.18 404.30 Td (\(the ) Tj ET Q q 0 0 0 rg BT 430.91 404.30 Td (Conversion ) Tj ET Q q 0 0 0 rg BT 474.20 404.30 Td (Price\). ) Tj ET Q q 0 0 0 rg BT 500.60 404.30 Td (Convertible ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 392.90 Td (debenture ) Tj ET Q q 0 0 0 rg BT 109.77 392.90 Td (holders ) Tj ET Q q 0 0 0 rg BT 138.00 392.90 Td (converting ) Tj ET Q q 0 0 0 rg BT 176.63 392.90 Td (their ) Tj ET Q q 0 0 0 rg BT 194.46 392.90 Td (debentures ) Tj ET Q q 0 0 0 rg BT 236.13 392.90 Td (will, ) Tj ET Q q 0 0 0 rg BT 251.79 392.90 Td (in ) Tj ET Q q 0 0 0 rg BT 260.53 392.90 Td (addition ) Tj ET Q q 0 0 0 rg BT 290.50 392.90 Td (to ) Tj ET Q q 0 0 0 rg BT 299.68 392.90 Td (the ) Tj ET Q q 0 0 0 rg BT 313.19 392.90 Td (applicable ) Tj ET Q q 0 0 0 rg BT 350.96 392.90 Td (number ) Tj ET Q q 0 0 0 rg BT 380.05 392.90 Td (of ) Tj ET Q q 0 0 0 rg BT 389.23 392.90 Td (units ) Tj ET Q q 0 0 0 rg BT 408.37 392.90 Td (to ) Tj ET Q q 0 0 0 rg BT 417.55 392.90 Td (be ) Tj ET Q q 0 0 0 rg BT 428.89 392.90 Td (received ) Tj ET Q q 0 0 0 rg BT 461.02 392.90 Td (on ) Tj ET Q q 0 0 0 rg BT 472.37 392.90 Td (conversion, ) Tj ET Q q 0 0 0 rg BT 514.89 392.90 Td (receive ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 381.50 Td (accrued ) Tj ET Q q 0 0 0 rg BT 101.80 381.50 Td (and ) Tj ET Q q 0 0 0 rg BT 116.88 381.50 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 142.36 381.50 Td (interest, ) Tj ET Q q 0 0 0 rg BT 172.16 381.50 Td (if ) Tj ET Q q 0 0 0 rg BT 178.14 381.50 Td (any) Tj ET Q q 0 0 0 rg BT 190.13 381.50 Td (, ) Tj ET Q q 0 0 0 rg BT 194.38 381.50 Td (for ) Tj ET Q q 0 0 0 rg BT 205.56 381.50 Td (the ) Tj ET Q q 0 0 0 rg BT 218.47 381.50 Td (period ) Tj ET Q q 0 0 0 rg BT 242.21 381.50 Td (from ) Tj ET Q q 0 0 0 rg BT 259.88 381.50 Td (the ) Tj ET Q q 0 0 0 rg BT 272.79 381.50 Td (last ) Tj ET Q q 0 0 0 rg BT 287.00 381.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 314.64 381.50 Td (payment ) Tj ET Q q 0 0 0 rg BT 346.61 381.50 Td (date ) Tj ET Q q 0 0 0 rg BT 363.85 381.50 Td (on ) Tj ET Q q 0 0 0 rg BT 374.60 381.50 Td (their ) Tj ET Q q 0 0 0 rg BT 391.84 381.50 Td (convertible ) Tj ET Q q 0 0 0 rg BT 431.60 381.50 Td (debentures ) Tj ET Q q 0 0 0 rg BT 472.67 381.50 Td (to ) Tj ET Q q 0 0 0 rg BT 481.25 381.50 Td (and ) Tj ET Q q 0 0 0 rg BT 496.33 381.50 Td (including ) Tj ET Q q 0 0 0 rg BT 529.17 381.50 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 370.10 Td (last ) Tj ET Q q 0 0 0 rg BT 86.39 370.10 Td (record ) Tj ET Q q 0 0 0 rg BT 110.73 370.10 Td (date ) Tj ET Q q 0 0 0 rg BT 128.16 370.10 Td (set ) Tj ET Q q 0 0 0 rg BT 140.82 370.10 Td (by ) Tj ET Q q 0 0 0 rg BT 151.31 370.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.40 370.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 182.01 370.10 Td ( ) Tj ET Q q 0 0 0 rg BT 184.27 370.10 Td (occurring ) Tj ET Q q 0 0 0 rg BT 218.58 370.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 236.42 370.10 Td (to ) Tj ET Q q 0 0 0 rg BT 245.18 370.10 Td (the ) Tj ET Q q 0 0 0 rg BT 258.28 370.10 Td (date ) Tj ET Q q 0 0 0 rg BT 275.70 370.10 Td (of ) Tj ET Q q 0 0 0 rg BT 284.47 370.10 Td (conversion ) Tj ET Q q 0 0 0 rg BT 324.40 370.10 Td (for ) Tj ET Q q 0 0 0 rg BT 335.76 370.10 Td (determining ) Tj ET Q q 0 0 0 rg BT 378.73 370.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.82 370.10 Td (unitholders ) Tj ET Q q 0 0 0 rg BT 432.20 370.10 Td (entitled ) Tj ET Q q 0 0 0 rg BT 459.58 370.10 Td (to ) Tj ET Q q 0 0 0 rg BT 468.35 370.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 495.72 370.10 Td (a ) Tj ET Q q 0 0 0 rg BT 502.32 370.10 Td (distribution ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 358.70 Td (on ) Tj ET Q q 0 0 0 rg BT 82.83 358.70 Td (the ) Tj ET Q q 0 0 0 rg BT 95.83 358.70 Td (Units.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 341.30 Td (The ) Tj ET Q q 0 0 0 rg BT 87.72 341.30 Td (convertible ) Tj ET Q q 0 0 0 rg BT 127.69 341.30 Td (debentures ) Tj ET Q q 0 0 0 rg BT 168.97 341.30 Td (may ) Tj ET Q q 0 0 0 rg BT 185.99 341.30 Td (not ) Tj ET Q q 0 0 0 rg BT 199.12 341.30 Td (be ) Tj ET Q q 0 0 0 rg BT 210.08 341.30 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 247.45 341.30 Td (by ) Tj ET Q q 0 0 0 rg BT 257.98 341.30 Td (the ) Tj ET Q q 0 0 0 rg BT 271.11 341.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 288.71 341.30 Td ( ) Tj ET Q q 0 0 0 rg BT 291.01 341.30 Td (prior ) Tj ET Q q 0 0 0 rg BT 308.89 341.30 Td (to ) Tj ET Q q 0 0 0 rg BT 317.69 341.30 Td (February ) Tj ET Q q 0 0 0 rg BT 351.15 341.30 Td (28, ) Tj ET Q q 0 0 0 rg BT 364.28 341.30 Td (2021. ) Tj ET Q q 0 0 0 rg BT 386.07 341.30 Td (On ) Tj ET Q q 0 0 0 rg BT 398.77 341.30 Td (and ) Tj ET Q q 0 0 0 rg BT 414.06 341.30 Td (from ) Tj ET Q q 0 0 0 rg BT 431.94 341.30 Td (February ) Tj ET Q q 0 0 0 rg BT 465.41 341.30 Td (28, ) Tj ET Q q 0 0 0 rg BT 478.54 341.30 Td (2021, ) Tj ET Q q 0 0 0 rg BT 500.33 341.30 Td (and ) Tj ET Q q 0 0 0 rg BT 515.62 341.30 Td (prior ) Tj ET Q q 0 0 0 rg BT 533.50 341.30 Td (to ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 329.90 Td (February ) Tj ET Q q 0 0 0 rg BT 105.18 329.90 Td (28, ) Tj ET Q q 0 0 0 rg BT 118.02 329.90 Td (2022, ) Tj ET Q q 0 0 0 rg BT 139.53 329.90 Td (the ) Tj ET Q q 0 0 0 rg BT 152.37 329.90 Td (convertible ) Tj ET Q q 0 0 0 rg BT 192.06 329.90 Td (debentures ) Tj ET Q q 0 0 0 rg BT 233.05 329.90 Td (may ) Tj ET Q q 0 0 0 rg BT 249.78 329.90 Td (be ) Tj ET Q q 0 0 0 rg BT 260.45 329.90 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 297.54 329.90 Td (by ) Tj ET Q q 0 0 0 rg BT 307.78 329.90 Td (the ) Tj ET Q q 0 0 0 rg BT 320.62 329.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 337.50 329.90 Td (, ) Tj ET Q q 0 0 0 rg BT 341.68 329.90 Td (in ) Tj ET Q q 0 0 0 rg BT 349.75 329.90 Td (whole ) Tj ET Q q 0 0 0 rg BT 372.11 329.90 Td (at ) Tj ET Q q 0 0 0 rg BT 380.62 329.90 Td (any ) Tj ET Q q 0 0 0 rg BT 395.19 329.90 Td (time, ) Tj ET Q q 0 0 0 rg BT 414.09 329.90 Td (or ) Tj ET Q q 0 0 0 rg BT 423.02 329.90 Td (in ) Tj ET Q q 0 0 0 rg BT 431.10 329.90 Td (part ) Tj ET Q q 0 0 0 rg BT 446.53 329.90 Td (from ) Tj ET Q q 0 0 0 rg BT 464.12 329.90 Td (time ) Tj ET Q q 0 0 0 rg BT 480.85 329.90 Td (to ) Tj ET Q q 0 0 0 rg BT 489.36 329.90 Td (time, ) Tj ET Q q 0 0 0 rg BT 508.25 329.90 Td (at ) Tj ET Q q 0 0 0 rg BT 516.76 329.90 Td (a ) Tj ET Q q 0 0 0 rg BT 523.11 329.90 Td (price ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 318.50 Td (equal ) Tj ET Q q 0 0 0 rg BT 93.21 318.50 Td (to ) Tj ET Q q 0 0 0 rg BT 101.85 318.50 Td (the ) Tj ET Q q 0 0 0 rg BT 114.83 318.50 Td (principal ) Tj ET Q q 0 0 0 rg BT 145.98 318.50 Td (amount ) Tj ET Q q 0 0 0 rg BT 174.12 318.50 Td (thereof ) Tj ET Q q 0 0 0 rg BT 200.52 318.50 Td (plus ) Tj ET Q q 0 0 0 rg BT 216.96 318.50 Td (accrued ) Tj ET Q q 0 0 0 rg BT 246.82 318.50 Td (and ) Tj ET Q q 0 0 0 rg BT 261.96 318.50 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 287.50 318.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 315.20 318.50 Td (on ) Tj ET Q q 0 0 0 rg BT 326.01 318.50 Td (not ) Tj ET Q q 0 0 0 rg BT 338.98 318.50 Td (more ) Tj ET Q q 0 0 0 rg BT 358.88 318.50 Td (than ) Tj ET Q q 0 0 0 rg BT 376.19 318.50 Td (60 ) Tj ET Q q 0 0 0 rg BT 387.00 318.50 Td (days) Tj ET Q q 0 0 0 rg BT 404.90 318.50 Td ( ) Tj ET Q q 0 0 0 rg BT 407.05 318.50 Td (and ) Tj ET Q q 0 0 0 rg BT 422.19 318.50 Td (not ) Tj ET Q q 0 0 0 rg BT 435.17 318.50 Td (less ) Tj ET Q q 0 0 0 rg BT 451.17 318.50 Td (than ) Tj ET Q q 0 0 0 rg BT 468.48 318.50 Td (30 ) Tj ET Q q 0 0 0 rg BT 479.29 318.50 Td (days) Tj ET Q q 0 0 0 rg BT 497.19 318.50 Td ( ) Tj ET Q q 0 0 0 rg BT 499.34 318.50 Td (prior ) Tj ET Q q 0 0 0 rg BT 517.07 318.50 Td (written ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 307.10 Td (notice, ) Tj ET Q q 0 0 0 rg BT 97.27 307.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 129.46 307.10 Td (that ) Tj ET Q q 0 0 0 rg BT 144.76 307.10 Td (the ) Tj ET Q q 0 0 0 rg BT 157.90 307.10 Td (volume ) Tj ET Q q 0 0 0 rg BT 185.32 307.10 Td (weighted-average ) Tj ET Q q 0 0 0 rg BT 249.56 307.10 Td (trading ) Tj ET Q q 0 0 0 rg BT 275.69 307.10 Td (price ) Tj ET Q q 0 0 0 rg BT 294.88 307.10 Td (of ) Tj ET Q q 0 0 0 rg BT 303.69 307.10 Td (the ) Tj ET Q q 0 0 0 rg BT 316.83 307.10 Td (Units ) Tj ET Q q 0 0 0 rg BT 336.88 307.10 Td (on ) Tj ET Q q 0 0 0 rg BT 347.86 307.10 Td (the ) Tj ET Q q 0 0 0 rg BT 360.85 307.10 Td (TSX ) Tj ET Q q 0 0 0 rg BT 378.31 307.10 Td (for ) Tj ET Q q 0 0 0 rg BT 389.71 307.10 Td (the ) Tj ET Q q 0 0 0 rg BT 402.85 307.10 Td (20 ) Tj ET Q q 0 0 0 rg BT 413.83 307.10 Td (consecutive ) Tj ET Q q 0 0 0 rg BT 457.28 307.10 Td (trading ) Tj ET Q q 0 0 0 rg BT 483.41 307.10 Td (days ) Tj ET Q q 0 0 0 rg BT 502.17 307.10 Td (ending ) Tj ET Q q 0 0 0 rg BT 527.87 307.10 Td (five ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 295.70 Td (trading ) Tj ET Q q 0 0 0 rg BT 97.33 295.70 Td (days ) Tj ET Q q 0 0 0 rg BT 115.30 295.70 Td (preceding ) Tj ET Q q 0 0 0 rg BT 151.02 295.70 Td (the ) Tj ET Q q 0 0 0 rg BT 163.36 295.70 Td (date ) Tj ET Q q 0 0 0 rg BT 180.04 295.70 Td (on ) Tj ET Q q 0 0 0 rg BT 190.21 295.70 Td (which ) Tj ET Q q 0 0 0 rg BT 211.64 295.70 Td (notice ) Tj ET Q q 0 0 0 rg BT 233.94 295.70 Td (of ) Tj ET Q q 0 0 0 rg BT 241.95 295.70 Td (redemption ) Tj ET Q q 0 0 0 rg BT 282.43 295.70 Td (is ) Tj ET Q q 0 0 0 rg BT 289.57 295.70 Td (given ) Tj ET Q q 0 0 0 rg BT 309.70 295.70 Td (is ) Tj ET Q q 0 0 0 rg BT 316.84 295.70 Td (not ) Tj ET Q q 0 0 0 rg BT 329.18 295.70 Td (less ) Tj ET Q q 0 0 0 rg BT 344.55 295.70 Td (than ) Tj ET Q q 0 0 0 rg BT 361.22 295.70 Td (125% ) Tj ET Q q 0 0 0 rg BT 382.65 295.70 Td (of ) Tj ET Q q 0 0 0 rg BT 390.66 295.70 Td (the ) Tj ET Q q 0 0 0 rg BT 403.00 295.70 Td (Conversion ) Tj ET Q q 0 0 0 rg BT 443.91 295.70 Td (Price. ) Tj ET Q q 0 0 0 rg BT 465.34 295.70 Td (On ) Tj ET Q q 0 0 0 rg BT 477.24 295.70 Td (and ) Tj ET Q q 0 0 0 rg BT 491.75 295.70 Td (from ) Tj ET Q q 0 0 0 rg BT 508.84 295.70 Td (February ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 284.30 Td (28, ) Tj ET Q q 0 0 0 rg BT 85.03 284.30 Td (2022, ) Tj ET Q q 0 0 0 rg BT 106.72 284.30 Td (and ) Tj ET Q q 0 0 0 rg BT 121.91 284.30 Td (prior ) Tj ET Q q 0 0 0 rg BT 139.68 284.30 Td (to ) Tj ET Q q 0 0 0 rg BT 148.38 284.30 Td (February ) Tj ET Q q 0 0 0 rg BT 181.74 284.30 Td (28, ) Tj ET Q q 0 0 0 rg BT 194.77 284.30 Td (2023, ) Tj ET Q q 0 0 0 rg BT 216.46 284.30 Td (the ) Tj ET Q q 0 0 0 rg BT 229.48 284.30 Td (convertible ) Tj ET Q q 0 0 0 rg BT 269.35 284.30 Td (debentures ) Tj ET Q q 0 0 0 rg BT 310.53 284.30 Td (may ) Tj ET Q q 0 0 0 rg BT 327.44 284.30 Td (be ) Tj ET Q q 0 0 0 rg BT 338.30 284.30 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 375.57 284.30 Td (by ) Tj ET Q q 0 0 0 rg BT 386.00 284.30 Td (the ) Tj ET Q q 0 0 0 rg BT 399.02 284.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 415.90 284.30 Td (, ) Tj ET Q q 0 0 0 rg BT 420.26 284.30 Td (in ) Tj ET Q q 0 0 0 rg BT 428.52 284.30 Td (whole ) Tj ET Q q 0 0 0 rg BT 451.06 284.30 Td (at ) Tj ET Q q 0 0 0 rg BT 459.76 284.30 Td (any ) Tj ET Q q 0 0 0 rg BT 474.51 284.30 Td (time ) Tj ET Q q 0 0 0 rg BT 491.43 284.30 Td (or ) Tj ET Q q 0 0 0 rg BT 500.55 284.30 Td (in ) Tj ET Q q 0 0 0 rg BT 508.80 284.30 Td (part ) Tj ET Q q 0 0 0 rg BT 524.42 284.30 Td (from ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 272.90 Td (time ) Tj ET Q q 0 0 0 rg BT 88.67 272.90 Td (to ) Tj ET Q q 0 0 0 rg BT 97.12 272.90 Td (time, ) Tj ET Q q 0 0 0 rg BT 115.96 272.90 Td (at ) Tj ET Q q 0 0 0 rg BT 124.41 272.90 Td (a ) Tj ET Q q 0 0 0 rg BT 130.70 272.90 Td (price ) Tj ET Q q 0 0 0 rg BT 149.54 272.90 Td (equal ) Tj ET Q q 0 0 0 rg BT 170.55 272.90 Td (to ) Tj ET Q q 0 0 0 rg BT 179.00 272.90 Td (the ) Tj ET Q q 0 0 0 rg BT 191.79 272.90 Td (principal ) Tj ET Q q 0 0 0 rg BT 222.75 272.90 Td (amount ) Tj ET Q q 0 0 0 rg BT 250.69 272.90 Td (thereof ) Tj ET Q q 0 0 0 rg BT 276.90 272.90 Td (plus ) Tj ET Q q 0 0 0 rg BT 293.14 272.90 Td (accrued ) Tj ET Q q 0 0 0 rg BT 322.81 272.90 Td (and ) Tj ET Q q 0 0 0 rg BT 337.76 272.90 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 363.11 272.90 Td (interest ) Tj ET Q q 0 0 0 rg BT 390.61 272.90 Td (on ) Tj ET Q q 0 0 0 rg BT 401.23 272.90 Td (not ) Tj ET Q q 0 0 0 rg BT 414.01 272.90 Td (more ) Tj ET Q q 0 0 0 rg BT 433.71 272.90 Td (than ) Tj ET Q q 0 0 0 rg BT 450.83 272.90 Td (60 ) Tj ET Q q 0 0 0 rg BT 461.45 272.90 Td (days) Tj ET Q q 0 0 0 rg BT 479.35 272.90 Td ( ) Tj ET Q q 0 0 0 rg BT 481.31 272.90 Td (and ) Tj ET Q q 0 0 0 rg BT 496.26 272.90 Td (not ) Tj ET Q q 0 0 0 rg BT 509.04 272.90 Td (less ) Tj ET Q q 0 0 0 rg BT 524.85 272.90 Td (than ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 261.50 Td (30 ) Tj ET Q q 0 0 0 rg BT 82.83 261.50 Td (days) Tj ET Q q 0 0 0 rg BT 100.74 261.50 Td ( ) Tj ET Q q 0 0 0 rg BT 102.90 261.50 Td (prior ) Tj ET Q q 0 0 0 rg BT 120.65 261.50 Td (written ) Tj ET Q q 0 0 0 rg BT 145.76 261.50 Td (notice.) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 244.10 Td (1) Tj ET Q q 0 0 0 rg BT 75.91 244.10 Td (1. ) Tj ET Q q 0 0 0 rg BT 84.57 244.10 Td ( ) Tj ET Q q 0 0 0 rg BT 86.74 244.10 Td ( ) Tj ET Q q 0 0 0 rg BT 88.90 244.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.07 244.10 Td ( ) Tj ET Q q 0 0 0 rg BT 93.24 244.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.40 244.10 Td ( ) Tj ET Q q 0 0 0 rg BT 97.57 244.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 120.51 244.10 Td (liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 226.70 Td (Other liabilities are comprised of the following: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 216.20000000000005 m 340.5 216.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 202.20000000000005 m 340.5 202.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 216.20000000000005 m 380.5 216.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 340.5 202.20000000000005 m 380.5 202.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 216.20000000000005 m 460.5 216.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 202.20000000000005 m 460.5 202.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 216.20000000000005 m 540.5 216.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 202.20000000000005 m 540.5 202.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 202.20000000000005 m 460.5 202.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 202.20000000000005 m 540.5 202.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 146.20000000000005 m 340.5 146.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 340.5 146.20000000000005 m 380.5 146.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 146.20000000000005 m 460.5 146.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 146.20000000000005 m 540.5 146.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 132.20000000000005 m 340.5 132.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 132.20000000000005 m 380.5 132.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 132.20000000000005 m 460.5 132.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 132.20000000000005 m 540.5 132.20000000000005 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 351.30 206.73 Td (Note ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 206.73 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 206.73 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 192.73 Td (Security deposits) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 192.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 192.73 Td (6,383) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 192.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 192.73 Td (5,326) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 178.73 Td (Provisions) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 178.73 Td (865) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 178.73 Td (865) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 164.73 Td (Deferred unit liability) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 355.65 164.68 Td (15) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 164.73 Td (559) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 164.73 Td (491) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 150.73 Td (Investment tax credit payable) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 150.73 Td (448) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 150.73 Td (439) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 136.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 136.73 Td (8,255) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 136.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 136.73 Td (7,121) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 16) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (Other liabilities have been classified between current and non-current as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 678.6 m 379.5 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 664.6 m 379.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 678.6 m 459.5 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 664.6 m 459.5 664.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 678.6 m 539.5 678.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 664.6 m 539.5 664.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 664.6 m 459.5 664.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 664.6 m 539.5 664.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 636.6 m 379.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 622.6 m 379.5 622.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 636.6 m 459.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 622.6 m 459.5 622.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 636.6 m 539.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 622.6 m 539.5 622.6 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 400.55 669.13 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.55 669.13 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 655.13 Td (Current) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 655.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.90 655.13 Td (3,230) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 655.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 655.13 Td (2,548) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 641.13 Td (Non-current) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.90 641.13 Td (5,025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 641.13 Td (4,573) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 627.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.90 627.13 Td (8,255) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 627.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 627.13 Td (7,121) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 605.70 Td (The ) Tj ET Q q 0 0 0 rg BT 87.75 605.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.36 605.70 Td ( ) Tj ET Q q 0 0 0 rg BT 107.69 605.70 Td (is ) Tj ET Q q 0 0 0 rg BT 115.65 605.70 Td (eligible ) Tj ET Q q 0 0 0 rg BT 142.23 605.70 Td (to ) Tj ET Q q 0 0 0 rg BT 151.06 605.70 Td (receive ) Tj ET Q q 0 0 0 rg BT 178.50 605.70 Td (a ) Tj ET Q q 0 0 0 rg BT 185.17 605.70 Td (Manitoba ) Tj ET Q q 0 0 0 rg BT 219.54 605.70 Td (data ) Tj ET Q q 0 0 0 rg BT 237.04 605.70 Td (processing ) Tj ET Q q 0 0 0 rg BT 277.04 605.70 Td (investment ) Tj ET Q q 0 0 0 rg BT 317.05 605.70 Td (tax ) Tj ET Q q 0 0 0 rg BT 329.77 605.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 351.16 605.70 Td (in ) Tj ET Q q 0 0 0 rg BT 359.55 605.70 Td (connection ) Tj ET Q q 0 0 0 rg BT 399.56 605.70 Td (with ) Tj ET Q q 0 0 0 rg BT 415.74 605.70 Td (the ) Tj ET Q q 0 0 0 rg BT 428.90 605.70 Td (development ) Tj ET Q q 0 0 0 rg BT 475.85 605.70 Td (of ) Tj ET Q q 0 0 0 rg BT 484.67 605.70 Td (the ) Tj ET Q q 0 0 0 rg BT 497.83 605.70 Td (Data ) Tj ET Q q 0 0 0 rg BT 516.62 605.70 Td (Centre ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 594.30 Td (\(note ) Tj ET Q q 0 0 0 rg BT 92.27 594.30 Td (8\). ) Tj ET Q q 0 0 0 rg BT 103.87 594.30 Td (Half ) Tj ET Q q 0 0 0 rg BT 120.24 594.30 Td (of ) Tj ET Q q 0 0 0 rg BT 129.25 594.30 Td (the ) Tj ET Q q 0 0 0 rg BT 142.59 594.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 155.50 594.30 Td (credit ) Tj ET Q q 0 0 0 rg BT 177.06 594.30 Td (to ) Tj ET Q q 0 0 0 rg BT 186.08 594.30 Td (be ) Tj ET Q q 0 0 0 rg BT 197.25 594.30 Td (received ) Tj ET Q q 0 0 0 rg BT 229.21 594.30 Td (is ) Tj ET Q q 0 0 0 rg BT 237.35 594.30 Td (payable ) Tj ET Q q 0 0 0 rg BT 267.15 594.30 Td (to ) Tj ET Q q 0 0 0 rg BT 276.16 594.30 Td (the ) Tj ET Q q 0 0 0 rg BT 289.51 594.30 Td (tenant ) Tj ET Q q 0 0 0 rg BT 313.68 594.30 Td (of ) Tj ET Q q 0 0 0 rg BT 322.69 594.30 Td (the ) Tj ET Q q 0 0 0 rg BT 336.04 594.30 Td (Data ) Tj ET Q q 0 0 0 rg BT 355.00 594.30 Td (Centre, ) Tj ET Q q 0 0 0 rg BT 383.06 594.30 Td (the ) Tj ET Q q 0 0 0 rg BT 396.41 594.30 Td (amount ) Tj ET Q q 0 0 0 rg BT 424.90 594.30 Td (for ) Tj ET Q q 0 0 0 rg BT 436.51 594.30 Td (which ) Tj ET Q q 0 0 0 rg BT 458.94 594.30 Td (is ) Tj ET Q q 0 0 0 rg BT 467.07 594.30 Td (recorded ) Tj ET Q q 0 0 0 rg BT 500.33 594.30 Td (as ) Tj ET Q q 0 0 0 rg BT 511.07 594.30 Td (an ) Tj ET Q q 0 0 0 rg BT 522.25 594.30 Td (other ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 582.90 Td (liability) Tj ET Q q 0 0 0 rg BT 94.81 582.90 Td (. ) Tj ET Q q 0 0 0 rg BT 98.46 582.90 Td (The ) Tj ET Q q 0 0 0 rg BT 113.46 582.90 Td (credit ) Tj ET Q q 0 0 0 rg BT 134.09 582.90 Td (is ) Tj ET Q q 0 0 0 rg BT 141.29 582.90 Td (expected ) Tj ET Q q 0 0 0 rg BT 174.49 582.90 Td (to ) Tj ET Q q 0 0 0 rg BT 182.57 582.90 Td (be ) Tj ET Q q 0 0 0 rg BT 192.81 582.90 Td (received ) Tj ET Q q 0 0 0 rg BT 223.83 582.90 Td (through ) Tj ET Q q 0 0 0 rg BT 251.83 582.90 Td (to ) Tj ET Q q 0 0 0 rg BT 259.91 582.90 Td (2029 ) Tj ET Q q 0 0 0 rg BT 278.81 582.90 Td (and ) Tj ET Q q 0 0 0 rg BT 293.39 582.90 Td (has ) Tj ET Q q 0 0 0 rg BT 307.53 582.90 Td (been ) Tj ET Q q 0 0 0 rg BT 326.44 582.90 Td (recorded ) Tj ET Q q 0 0 0 rg BT 358.76 582.90 Td (in ) Tj ET Q q 0 0 0 rg BT 366.40 582.90 Td (other ) Tj ET Q q 0 0 0 rg BT 385.73 582.90 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 416.75 582.90 Td (at ) Tj ET Q q 0 0 0 rg BT 424.83 582.90 Td (its ) Tj ET Q q 0 0 0 rg BT 434.20 582.90 Td (discounted ) Tj ET Q q 0 0 0 rg BT 473.46 582.90 Td (amount ) Tj ET Q q 0 0 0 rg BT 501.03 582.90 Td (determined ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 571.50 Td (upon ) Tj ET Q q 0 0 0 rg BT 91.50 571.50 Td (establishment ) Tj ET Q q 0 0 0 rg BT 141.73 571.50 Td (of ) Tj ET Q q 0 0 0 rg BT 150.40 571.50 Td (the ) Tj ET Q q 0 0 0 rg BT 163.40 571.50 Td (liability) Tj ET Q q 0 0 0 rg BT 186.21 571.50 Td (. ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 554.10 Td (12. ) Tj ET Q q 0 0 0 rg BT 85.00 554.10 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 554.10 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 554.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 554.10 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 554.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 554.10 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 554.10 Td (Derivatives) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 536.70 Td (Derivatives ) Tj ET Q q 0 0 0 rg BT 111.73 536.70 Td (include ) Tj ET Q q 0 0 0 rg BT 137.62 536.70 Td (the ) Tj ET Q q 0 0 0 rg BT 149.66 536.70 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 174.00 536.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 200.75 536.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 215.38 536.70 Td (protection ) Tj ET Q q 0 0 0 rg BT 250.80 536.70 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 294.44 536.70 Td (including ) Tj ET Q q 0 0 0 rg BT 326.39 536.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 353.15 536.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 367.78 536.70 Td (swaps ) Tj ET Q q 0 0 0 rg BT 391.06 536.70 Td (and ) Tj ET Q q 0 0 0 rg BT 405.26 536.70 Td (caps, ) Tj ET Q q 0 0 0 rg BT 425.09 536.70 Td (and ) Tj ET Q q 0 0 0 rg BT 439.29 536.70 Td (derivative ) Tj ET Q q 0 0 0 rg BT 473.84 536.70 Td (features ) Tj ET Q q 0 0 0 rg BT 503.19 536.70 Td (embedded ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 525.30 Td (in ) Tj ET Q q 0 0 0 rg BT 79.89 525.30 Td (the ) Tj ET Q q 0 0 0 rg BT 92.55 525.30 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 117.51 525.30 Td (convertible ) Tj ET Q q 0 0 0 rg BT 157.02 525.30 Td (debentures, ) Tj ET Q q 0 0 0 rg BT 200.00 525.30 Td (which ) Tj ET Q q 0 0 0 rg BT 221.74 525.30 Td (include ) Tj ET Q q 0 0 0 rg BT 248.25 525.30 Td (the ) Tj ET Q q 0 0 0 rg BT 260.91 525.30 Td (convertible ) Tj ET Q q 0 0 0 rg BT 300.42 525.30 Td (debenture ) Tj ET Q q 0 0 0 rg BT 337.33 525.30 Td (holder ) Tj ET Q q 0 0 0 rg BT 360.81 525.30 Td (conversion ) Tj ET Q q 0 0 0 rg BT 400.32 525.30 Td (option ) Tj ET Q q 0 0 0 rg BT 423.37 525.30 Td (and ) Tj ET Q q 0 0 0 rg BT 438.20 525.30 Td (the ) Tj ET Q q 0 0 0 rg BT 450.86 525.30 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 475.82 525.30 Td (redemption ) Tj ET Q q 0 0 0 rg BT 516.62 525.30 Td (option. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 507.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 507.90 Td (following ) Tj ET Q q 0 0 0 rg BT 120.07 507.90 Td (is ) Tj ET Q q 0 0 0 rg BT 127.86 507.90 Td (a ) Tj ET Q q 0 0 0 rg BT 134.36 507.90 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 182.00 507.90 Td (of ) Tj ET Q q 0 0 0 rg BT 190.66 507.90 Td (the ) Tj ET Q q 0 0 0 rg BT 203.66 507.90 Td (change ) Tj ET Q q 0 0 0 rg BT 231.39 507.90 Td (in ) Tj ET Q q 0 0 0 rg BT 239.61 507.90 Td (the ) Tj ET Q q 0 0 0 rg BT 252.61 507.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 265.60 507.90 Td (value ) Tj ET Q q 0 0 0 rg BT 286.39 507.90 Td (of ) Tj ET Q q 0 0 0 rg BT 295.06 507.90 Td (derivatives:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 491.4 m 380.5 491.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 491.4 m 460.5 491.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 491.4 m 540.5 491.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 463.4 m 380.5 463.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 463.4 m 460.5 463.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 463.4 m 540.5 463.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 463.4 m 460.5 463.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 463.4 m 540.5 463.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 393.4 m 380.5 393.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 379.4 m 380.5 379.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 393.4 m 460.5 393.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 379.4 m 460.5 379.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 393.4 m 540.5 393.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 379.4 m 540.5 379.4 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.25 481.93 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 439.65 467.93 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 519.65 467.93 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 453.93 Td (Balance, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 453.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 453.93 Td (538) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 453.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 453.93 Td (2,482) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 439.93 Td (Initial recognition of embedded derivatives on issuance of convertible debentures) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 439.93 Td (170) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 439.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 425.93 Td (Fair value change of convertible debenture embedded derivatives) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 446.10 425.93 Td (\(94) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 425.93 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 425.93 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 411.93 Td (Fair value change of interest rate swaps) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 411.93 Td (434) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.70 411.93 Td (1) Tj ET Q q 0 0 0 rg BT 533.03 411.93 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 397.93 Td (Fair value change of interest rate cap) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 453.05 397.93 Td (6) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 533.05 397.93 Td (9) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 383.93 Td (Balance, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 383.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 383.93 Td (1,054) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 383.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 383.93 Td (2,502) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 362.50 Td (Interest ) Tj ET Q q 0 0 0 rg BT 100.15 362.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 115.74 362.50 Td (protection ) Tj ET Q q 0 0 0 rg BT 152.13 362.50 Td (instruments) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 345.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 345.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.20 345.10 Td ( ) Tj ET Q q 0 0 0 rg BT 107.37 345.10 Td (has ) Tj ET Q q 0 0 0 rg BT 122.09 345.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 150.68 345.10 Td (into ) Tj ET Q q 0 0 0 rg BT 165.41 345.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 193.13 345.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 208.72 345.10 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 248.13 345.10 Td (to ) Tj ET Q q 0 0 0 rg BT 256.79 345.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 282.78 345.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.78 345.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 320.89 345.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.56 345.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 357.27 345.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 372.87 345.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 387.15 345.10 Td (of ) Tj ET Q q 0 0 0 rg BT 395.81 345.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 421.37 345.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 438.70 345.10 Td (with ) Tj ET Q q 0 0 0 rg BT 454.71 345.10 Td (floating ) Tj ET Q q 0 0 0 rg BT 482.00 345.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 509.72 345.10 Td (rates. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 327.70 Td (The ) Tj ET Q q 0 0 0 rg BT 87.14 327.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 104.75 327.70 Td ( ) Tj ET Q q 0 0 0 rg BT 106.47 327.70 Td (currently ) Tj ET Q q 0 0 0 rg BT 138.06 327.70 Td (has ) Tj ET Q q 0 0 0 rg BT 152.34 327.70 Td (in ) Tj ET Q q 0 0 0 rg BT 160.12 327.70 Td (place ) Tj ET Q q 0 0 0 rg BT 180.46 327.70 Td (certain ) Tj ET Q q 0 0 0 rg BT 205.56 327.70 Td (pay-fix ) Tj ET Q q 0 0 0 rg BT 230.23 327.70 Td (receive-float ) Tj ET Q q 0 0 0 rg BT 274.38 327.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 301.65 327.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 316.80 327.70 Td (swaps ) Tj ET Q q 0 0 0 rg BT 340.59 327.70 Td (and ) Tj ET Q q 0 0 0 rg BT 355.31 327.70 Td (an ) Tj ET Q q 0 0 0 rg BT 365.69 327.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 392.96 327.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 408.10 327.70 Td (cap. ) Tj ET Q q 0 0 0 rg BT 424.44 327.70 Td (The ) Tj ET Q q 0 0 0 rg BT 439.58 327.70 Td (swaps ) Tj ET Q q 0 0 0 rg BT 463.38 327.70 Td (are ) Tj ET Q q 0 0 0 rg BT 476.36 327.70 Td (derivative ) Tj ET Q q 0 0 0 rg BT 511.42 327.70 Td (financial ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 316.30 Td (instruments ) Tj ET Q q 0 0 0 rg BT 114.36 316.30 Td (that ) Tj ET Q q 0 0 0 rg BT 129.44 316.30 Td (require ) Tj ET Q q 0 0 0 rg BT 155.78 316.30 Td (a ) Tj ET Q q 0 0 0 rg BT 162.20 316.30 Td (periodic ) Tj ET Q q 0 0 0 rg BT 191.57 316.30 Td (exchange ) Tj ET Q q 0 0 0 rg BT 227.45 316.30 Td (of ) Tj ET Q q 0 0 0 rg BT 236.03 316.30 Td (payments ) Tj ET Q q 0 0 0 rg BT 271.90 316.30 Td (with ) Tj ET Q q 0 0 0 rg BT 287.84 316.30 Td (counter-parties ) Tj ET Q q 0 0 0 rg BT 341.89 316.30 Td (without ) Tj ET Q q 0 0 0 rg BT 368.67 316.30 Td (the ) Tj ET Q q 0 0 0 rg BT 381.58 316.30 Td (exchange ) Tj ET Q q 0 0 0 rg BT 417.46 316.30 Td (of ) Tj ET Q q 0 0 0 rg BT 426.05 316.30 Td (the ) Tj ET Q q 0 0 0 rg BT 438.97 316.30 Td (notional ) Tj ET Q q 0 0 0 rg BT 468.35 316.30 Td (amount ) Tj ET Q q 0 0 0 rg BT 496.42 316.30 Td (on ) Tj ET Q q 0 0 0 rg BT 507.18 316.30 Td (which ) Tj ET Q q 0 0 0 rg BT 529.18 316.30 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 304.90 Td (payments ) Tj ET Q q 0 0 0 rg BT 108.15 304.90 Td (are ) Tj ET Q q 0 0 0 rg BT 121.77 304.90 Td (based. ) Tj ET Q q 0 0 0 rg BT 147.39 304.90 Td (The ) Tj ET Q q 0 0 0 rg BT 163.18 304.90 Td (recorded ) Tj ET Q q 0 0 0 rg BT 196.29 304.90 Td (interest ) Tj ET Q q 0 0 0 rg BT 224.21 304.90 Td (expense ) Tj ET Q q 0 0 0 rg BT 256.03 304.90 Td (on ) Tj ET Q q 0 0 0 rg BT 267.07 304.90 Td (the ) Tj ET Q q 0 0 0 rg BT 280.27 304.90 Td (underlying ) Tj ET Q q 0 0 0 rg BT 318.58 304.90 Td (mortgages ) Tj ET Q q 0 0 0 rg BT 357.75 304.90 Td (payable ) Tj ET Q q 0 0 0 rg BT 387.41 304.90 Td (reflects ) Tj ET Q q 0 0 0 rg BT 414.89 304.90 Td (payments ) Tj ET Q q 0 0 0 rg BT 451.04 304.90 Td (made ) Tj ET Q q 0 0 0 rg BT 472.90 304.90 Td (and ) Tj ET Q q 0 0 0 rg BT 488.26 304.90 Td (received ) Tj ET Q q 0 0 0 rg BT 520.08 304.90 Td (under ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 293.50 Td (the ) Tj ET Q q 0 0 0 rg BT 85.01 293.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 112.75 293.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 128.35 293.50 Td (swaps. ) Tj ET Q q 0 0 0 rg BT 154.65 293.50 Td (The ) Tj ET Q q 0 0 0 rg BT 170.25 293.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 197.99 293.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 213.59 293.50 Td (cap ) Tj ET Q q 0 0 0 rg BT 228.34 293.50 Td (has ) Tj ET Q q 0 0 0 rg BT 243.08 293.50 Td (a ) Tj ET Q q 0 0 0 rg BT 249.59 293.50 Td ($125.0 ) Tj ET Q q 0 0 0 rg BT 275.61 293.50 Td (million ) Tj ET Q q 0 0 0 rg BT 299.86 293.50 Td (notional ) Tj ET Q q 0 0 0 rg BT 329.34 293.50 Td (amount, ) Tj ET Q q 0 0 0 rg BT 359.67 293.50 Td (a ) Tj ET Q q 0 0 0 rg BT 366.19 293.50 Td (strike ) Tj ET Q q 0 0 0 rg BT 386.98 293.50 Td (price ) Tj ET Q q 0 0 0 rg BT 406.05 293.50 Td (of ) Tj ET Q q 0 0 0 rg BT 414.73 293.50 Td (1.90% ) Tj ET Q q 0 0 0 rg BT 439.00 293.50 Td (based ) Tj ET Q q 0 0 0 rg BT 462.41 293.50 Td (on ) Tj ET Q q 0 0 0 rg BT 473.26 293.50 Td (one ) Tj ET Q q 0 0 0 rg BT 488.44 293.50 Td (month ) Tj ET Q q 0 0 0 rg BT 512.28 293.50 Td (bankers ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 282.10 Td (acceptances ) Tj ET Q q 0 0 0 rg BT 117.91 282.10 Td (and ) Tj ET Q q 0 0 0 rg BT 133.08 282.10 Td (a ) Tj ET Q q 0 0 0 rg BT 139.58 282.10 Td (maturity ) Tj ET Q q 0 0 0 rg BT 169.45 282.10 Td (of ) Tj ET Q q 0 0 0 rg BT 178.12 282.10 Td (July ) Tj ET Q q 0 0 0 rg BT 194.14 282.10 Td (2018. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 264.70 Td (On ) Tj ET Q q 0 0 0 rg BT 84.86 264.70 Td (February ) Tj ET Q q 0 0 0 rg BT 118.49 264.70 Td (5, ) Tj ET Q q 0 0 0 rg BT 127.45 264.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 147.24 264.70 Td (the ) Tj ET Q q 0 0 0 rg BT 160.54 264.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 178.14 264.70 Td ( ) Tj ET Q q 0 0 0 rg BT 180.61 264.70 Td (entered ) Tj ET Q q 0 0 0 rg BT 209.49 264.70 Td (into ) Tj ET Q q 0 0 0 rg BT 224.51 264.70 Td (a ) Tj ET Q q 0 0 0 rg BT 231.31 264.70 Td ($100.0 ) Tj ET Q q 0 0 0 rg BT 257.60 264.70 Td (million ) Tj ET Q q 0 0 0 rg BT 282.14 264.70 Td (notional ) Tj ET Q q 0 0 0 rg BT 311.89 264.70 Td (amount ) Tj ET Q q 0 0 0 rg BT 340.33 264.70 Td (forward ) Tj ET Q q 0 0 0 rg BT 368.77 264.70 Td (starting ) Tj ET Q q 0 0 0 rg BT 396.78 264.70 Td (pay-fixed ) Tj ET Q q 0 0 0 rg BT 430.86 264.70 Td (receive-float ) Tj ET Q q 0 0 0 rg BT 475.75 264.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 503.77 264.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 519.65 264.70 Td (swap. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 253.30 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 253.30 Td (interest ) Tj ET Q q 0 0 0 rg BT 115.31 253.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 130.90 253.30 Td (swap ) Tj ET Q q 0 0 0 rg BT 151.25 253.30 Td (has ) Tj ET Q q 0 0 0 rg BT 165.98 253.30 Td (a ) Tj ET Q q 0 0 0 rg BT 172.48 253.30 Td (fixed ) Tj ET Q q 0 0 0 rg BT 191.10 253.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 206.69 253.30 Td (of ) Tj ET Q q 0 0 0 rg BT 215.36 253.30 Td (2.55%, ) Tj ET Q q 0 0 0 rg BT 241.78 253.30 Td (a ) Tj ET Q q 0 0 0 rg BT 248.28 253.30 Td (payment ) Tj ET Q q 0 0 0 rg BT 280.33 253.30 Td (start ) Tj ET Q q 0 0 0 rg BT 297.65 253.30 Td (date ) Tj ET Q q 0 0 0 rg BT 314.98 253.30 Td (of ) Tj ET Q q 0 0 0 rg BT 323.65 253.30 Td (June ) Tj ET Q q 0 0 0 rg BT 342.71 253.30 Td (29, ) Tj ET Q q 0 0 0 rg BT 355.71 253.30 Td (2018 ) Tj ET Q q 0 0 0 rg BT 375.20 253.30 Td (and ) Tj ET Q q 0 0 0 rg BT 390.37 253.30 Td (a ) Tj ET Q q 0 0 0 rg BT 396.87 253.30 Td (five ) Tj ET Q q 0 0 0 rg BT 411.16 253.30 Td (year ) Tj ET Q q 0 0 0 rg BT 428.48 253.30 Td (term.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 235.90 Td (Interest ) Tj ET Q q 0 0 0 rg BT 100.66 235.90 Td (rate ) Tj ET Q q 0 0 0 rg BT 116.76 235.90 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 156.67 235.90 Td (are ) Tj ET Q q 0 0 0 rg BT 170.61 235.90 Td (measured ) Tj ET Q q 0 0 0 rg BT 207.92 235.90 Td (at ) Tj ET Q q 0 0 0 rg BT 217.10 235.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 230.59 235.90 Td (value ) Tj ET Q q 0 0 0 rg BT 251.89 235.90 Td (with ) Tj ET Q q 0 0 0 rg BT 268.42 235.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 281.92 235.90 Td (values ) Tj ET Q q 0 0 0 rg BT 307.11 235.90 Td (estimated ) Tj ET Q q 0 0 0 rg BT 343.57 235.90 Td (as ) Tj ET Q q 0 0 0 rg BT 354.47 235.90 Td (the ) Tj ET Q q 0 0 0 rg BT 367.97 235.90 Td (present ) Tj ET Q q 0 0 0 rg BT 396.64 235.90 Td (value ) Tj ET Q q 0 0 0 rg BT 417.93 235.90 Td (of ) Tj ET Q q 0 0 0 rg BT 427.11 235.90 Td (contractual ) Tj ET Q q 0 0 0 rg BT 467.89 235.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 487.03 235.90 Td (flows ) Tj ET Q q 0 0 0 rg BT 507.45 235.90 Td (based ) Tj ET Q q 0 0 0 rg BT 531.35 235.90 Td (on ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 224.50 Td (forward ) Tj ET Q q 0 0 0 rg BT 99.75 224.50 Td (curves ) Tj ET Q q 0 0 0 rg BT 124.47 224.50 Td (and ) Tj ET Q q 0 0 0 rg BT 139.24 224.50 Td (an ) Tj ET Q q 0 0 0 rg BT 149.68 224.50 Td (applicable ) Tj ET Q q 0 0 0 rg BT 186.54 224.50 Td (discount ) Tj ET Q q 0 0 0 rg BT 217.33 224.50 Td (rate. ) Tj ET Q q 0 0 0 rg BT 234.58 224.50 Td (These ) Tj ET Q q 0 0 0 rg BT 258.01 224.50 Td (swaps ) Tj ET Q q 0 0 0 rg BT 281.87 224.50 Td (are ) Tj ET Q q 0 0 0 rg BT 294.90 224.50 Td (not ) Tj ET Q q 0 0 0 rg BT 307.50 224.50 Td (designated ) Tj ET Q q 0 0 0 rg BT 347.40 224.50 Td (as ) Tj ET Q q 0 0 0 rg BT 357.40 224.50 Td (hedging ) Tj ET Q q 0 0 0 rg BT 386.90 224.50 Td (instruments ) Tj ET Q q 0 0 0 rg BT 428.94 224.50 Td (that ) Tj ET Q q 0 0 0 rg BT 443.72 224.50 Td (qualify ) Tj ET Q q 0 0 0 rg BT 468.01 224.50 Td (for ) Tj ET Q q 0 0 0 rg BT 478.88 224.50 Td (hedge ) Tj ET Q q 0 0 0 rg BT 502.31 224.50 Td (accounting ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 213.10 Td (under ) Tj ET Q q 0 0 0 rg BT 94.09 213.10 Td (IFRS.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 195.70 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 195.70 Td (following ) Tj ET Q q 0 0 0 rg BT 120.07 195.70 Td (are ) Tj ET Q q 0 0 0 rg BT 133.49 195.70 Td (the ) Tj ET Q q 0 0 0 rg BT 146.49 195.70 Td (terms ) Tj ET Q q 0 0 0 rg BT 168.14 195.70 Td (and ) Tj ET Q q 0 0 0 rg BT 183.30 195.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 196.29 195.70 Td (values ) Tj ET Q q 0 0 0 rg BT 220.98 195.70 Td (of ) Tj ET Q q 0 0 0 rg BT 229.64 195.70 Td (the ) Tj ET Q q 0 0 0 rg BT 242.64 195.70 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 267.94 195.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 295.66 195.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 311.25 195.70 Td (swaps: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 179.20000000000005 m 137.5 179.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 137.5 179.20000000000005 m 220.5 179.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 179.20000000000005 m 300.5 179.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 165.20000000000005 m 300.5 165.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 179.20000000000005 m 380.5 179.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 165.20000000000005 m 380.5 165.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 179.20000000000005 m 460.5 179.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 165.20000000000005 m 460.5 165.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 179.20000000000005 m 540.5 179.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 165.20000000000005 m 540.5 165.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 151.20000000000005 m 137.5 151.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 137.5 151.20000000000005 m 220.5 151.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 151.20000000000005 m 300.5 151.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 165.20000000000005 m 380.5 165.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 151.20000000000005 m 380.5 151.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 151.20000000000005 m 460.5 151.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 165.20000000000005 m 540.5 165.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 151.20000000000005 m 540.5 151.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 151.20000000000005 m 460.5 151.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 151.20000000000005 m 540.5 151.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 109.20000000000005 m 137.5 109.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 137.5 109.20000000000005 m 220.5 109.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 109.20000000000005 m 300.5 109.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 109.20000000000005 m 380.5 109.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 109.20000000000005 m 460.5 109.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 109.20000000000005 m 540.5 109.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 95.20000000000005 m 137.5 95.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 137.5 95.20000000000005 m 220.5 95.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 95.20000000000005 m 300.5 95.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 95.20000000000005 m 380.5 95.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 95.20000000000005 m 460.5 95.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 95.20000000000005 m 540.5 95.20000000000005 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 271.60 169.73 Td (Notional amount) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 442.85 169.73 Td (Fair value) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 155.73 Td (Maturity date) Tj ET Q BT /F3 9.45 Tf ET q 0 0 0 rg BT 140.00 155.72 Td (Fixed interest rate) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 241.55 155.73 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 308.55 155.73 Td (December 31, 2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 155.73 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 155.73 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 141.73 Td (August 14, 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 197.85 141.73 Td (4.60) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 213.05 141.73 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 223.00 141.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 273.55 141.73 Td (20,494) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.00 141.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.55 141.78 Td (20,645) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 141.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 141.73 Td (668) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 141.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 141.73 Td (81) Tj ET Q q 0 0 0 rg BT 533.07 141.73 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 127.73 Td (May 1, 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 197.85 127.73 Td (3.64) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 213.05 127.73 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 273.55 127.73 Td (30,004) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.55 127.78 Td (30,254) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 127.73 Td (\(398) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 127.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 127.73 Td (\(264) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 127.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 113.73 Td (June 29, 2023) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 124.39 116.16 Td (\(1\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 197.85 113.73 Td (2.55) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 213.05 113.73 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 269.20 113.73 Td (100,000) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 369.60 113.78 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 113.73 Td (71) Tj ET Q q 0 0 0 rg BT 453.07 113.73 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 113.73 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 99.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 99.73 Td (981) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 99.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 99.73 Td (547) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 86.70 Td (\(1\) Payments begin June 29, 2018 and the swap has a term of 5 years. ) Tj ET Q q 0 0 0 rg BT 267.14 86.70 Td (This is a pay-fixed receive-float swap.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 77.70 Td ( ) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 17) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (13. ) Tj ET Q q 0 0 0 rg BT 85.00 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 695.10 Td (Class ) Tj ET Q q 0 0 0 rg BT 120.95 695.10 Td (B ) Tj ET Q q 0 0 0 rg BT 128.74 695.10 Td (LP) Tj ET Q q 0 0 0 rg BT 138.56 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 140.73 695.10 Td (units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 677.70 Td (Class ) Tj ET Q q 0 0 0 rg BT 93.85 677.70 Td (B ) Tj ET Q q 0 0 0 rg BT 101.43 677.70 Td (LP) Tj ET Q q 0 0 0 rg BT 110.82 677.70 Td ( ) Tj ET Q q 0 0 0 rg BT 113.20 677.70 Td (units ) Tj ET Q q 0 0 0 rg BT 132.03 677.70 Td (are ) Tj ET Q q 0 0 0 rg BT 145.67 677.70 Td (exchangeable ) Tj ET Q q 0 0 0 rg BT 196.56 677.70 Td (at ) Tj ET Q q 0 0 0 rg BT 205.44 677.70 Td (the ) Tj ET Q q 0 0 0 rg BT 218.65 677.70 Td (option ) Tj ET Q q 0 0 0 rg BT 242.25 677.70 Td (of ) Tj ET Q q 0 0 0 rg BT 251.13 677.70 Td (the ) Tj ET Q q 0 0 0 rg BT 264.33 677.70 Td (holder ) Tj ET Q q 0 0 0 rg BT 288.37 677.70 Td (into ) Tj ET Q q 0 0 0 rg BT 303.30 677.70 Td (trust ) Tj ET Q q 0 0 0 rg BT 320.84 677.70 Td (units ) Tj ET Q q 0 0 0 rg BT 339.67 677.70 Td (of ) Tj ET Q q 0 0 0 rg BT 348.55 677.70 Td (the ) Tj ET Q q 0 0 0 rg BT 361.76 677.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 379.37 677.70 Td ( ) Tj ET Q q 0 0 0 rg BT 381.74 677.70 Td (on ) Tj ET Q q 0 0 0 rg BT 392.78 677.70 Td (a ) Tj ET Q q 0 0 0 rg BT 399.49 677.70 Td (one-for-one ) Tj ET Q q 0 0 0 rg BT 442.14 677.70 Td (basis ) Tj ET Q q 0 0 0 rg BT 462.71 677.70 Td (subject ) Tj ET Q q 0 0 0 rg BT 489.77 677.70 Td (to ) Tj ET Q q 0 0 0 rg BT 498.65 677.70 Td (normal ) Tj ET Q q 0 0 0 rg BT 524.84 677.70 Td (anti-) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 666.30 Td (dilution ) Tj ET Q q 0 0 0 rg BT 98.96 666.30 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 143.25 666.30 Td (and ) Tj ET Q q 0 0 0 rg BT 158.52 666.30 Td (are ) Tj ET Q q 0 0 0 rg BT 172.05 666.30 Td (entitled ) Tj ET Q q 0 0 0 rg BT 199.45 666.30 Td (to ) Tj ET Q q 0 0 0 rg BT 208.22 666.30 Td (distributions ) Tj ET Q q 0 0 0 rg BT 252.07 666.30 Td (of ) Tj ET Q q 0 0 0 rg BT 260.84 666.30 Td (cash, ) Tj ET Q q 0 0 0 rg BT 281.74 666.30 Td (as ) Tj ET Q q 0 0 0 rg BT 292.25 666.30 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 331.77 666.30 Td (equal ) Tj ET Q q 0 0 0 rg BT 353.10 666.30 Td (to ) Tj ET Q q 0 0 0 rg BT 361.88 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 374.98 666.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 393.72 666.30 Td (distributions ) Tj ET Q q 0 0 0 rg BT 437.56 666.30 Td (paid ) Tj ET Q q 0 0 0 rg BT 454.57 666.30 Td (to ) Tj ET Q q 0 0 0 rg BT 463.34 666.30 Td (holders ) Tj ET Q q 0 0 0 rg BT 491.16 666.30 Td (of ) Tj ET Q q 0 0 0 rg BT 499.94 666.30 Td (units ) Tj ET Q q 0 0 0 rg BT 518.67 666.30 Td (by ) Tj ET Q q 0 0 0 rg BT 529.17 666.30 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 654.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 88.88 654.90 Td (.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 637.50 Td (Each ) Tj ET Q q 0 0 0 rg BT 91.99 637.50 Td (Class ) Tj ET Q q 0 0 0 rg BT 113.71 637.50 Td (B ) Tj ET Q q 0 0 0 rg BT 121.14 637.50 Td (LP) Tj ET Q q 0 0 0 rg BT 130.54 637.50 Td ( ) Tj ET Q q 0 0 0 rg BT 132.77 637.50 Td (unit ) Tj ET Q q 0 0 0 rg BT 147.57 637.50 Td (is ) Tj ET Q q 0 0 0 rg BT 155.44 637.50 Td (attached ) Tj ET Q q 0 0 0 rg BT 187.57 637.50 Td (to ) Tj ET Q q 0 0 0 rg BT 196.30 637.50 Td (a ) Tj ET Q q 0 0 0 rg BT 202.87 637.50 Td (special ) Tj ET Q q 0 0 0 rg BT 229.36 637.50 Td (voting ) Tj ET Q q 0 0 0 rg BT 252.39 637.50 Td (unit ) Tj ET Q q 0 0 0 rg BT 267.19 637.50 Td (of ) Tj ET Q q 0 0 0 rg BT 275.92 637.50 Td (the ) Tj ET Q q 0 0 0 rg BT 288.99 637.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 305.87 637.50 Td (, ) Tj ET Q q 0 0 0 rg BT 310.28 637.50 Td (providing ) Tj ET Q q 0 0 0 rg BT 344.13 637.50 Td (Class ) Tj ET Q q 0 0 0 rg BT 365.84 637.50 Td (B ) Tj ET Q q 0 0 0 rg BT 373.28 637.50 Td (LP) Tj ET Q q 0 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Tj ET Q q 0 0 0 rg BT 183.75 614.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 206.88 614.70 Td (units ) Tj ET Q q 0 0 0 rg BT 225.69 614.70 Td (are ) Tj ET Q q 0 0 0 rg BT 239.29 614.70 Td (not ) Tj ET Q q 0 0 0 rg BT 252.46 614.70 Td (transferable ) Tj ET Q q 0 0 0 rg BT 295.94 614.70 Td (separately ) Tj ET Q q 0 0 0 rg BT 334.23 614.70 Td (from ) Tj ET Q q 0 0 0 rg BT 352.16 614.70 Td (the ) Tj ET Q q 0 0 0 rg BT 365.33 614.70 Td (Class ) Tj ET Q q 0 0 0 rg BT 387.15 614.70 Td (B ) Tj ET Q q 0 0 0 rg BT 394.69 614.70 Td (LP) Tj ET Q q 0 0 0 rg BT 404.08 614.70 Td ( ) Tj ET Q q 0 0 0 rg BT 406.42 614.70 Td (units ) Tj ET Q q 0 0 0 rg BT 425.22 614.70 Td (to ) Tj ET Q q 0 0 0 rg BT 434.07 614.70 Td (which ) Tj ET Q q 0 0 0 rg BT 456.32 614.70 Td (they ) Tj ET Q q 0 0 0 rg BT 473.39 614.70 Td (are ) Tj ET Q q 0 0 0 rg BT 486.99 614.70 Td (attached. ) Tj ET Q q 0 0 0 rg BT 521.39 614.70 Td (Upon ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 603.30 Td (the ) Tj ET Q q 0 0 0 rg BT 84.60 603.30 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0 0 0 rg BT 422.14 603.30 Td (a ) Tj ET Q q 0 0 0 rg BT 428.24 603.30 Td (Class ) Tj ET Q q 0 0 0 rg BT 449.48 603.30 Td (B ) Tj ET Q q 0 0 0 rg BT 456.45 603.30 Td (LP) Tj ET Q q 0 0 0 rg BT 465.84 603.30 Td ( ) Tj ET Q q 0 0 0 rg BT 467.61 603.30 Td (unit ) Tj ET Q q 0 0 0 rg BT 481.94 603.30 Td (will ) Tj ET Q q 0 0 0 rg BT 494.52 603.30 Td (automatically ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 591.90 Td (be ) Tj ET Q q 0 0 0 rg BT 82.83 591.90 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 120.08 591.90 Td (and ) Tj ET Q q 0 0 0 rg BT 135.24 591.90 Td (canceled. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 574.50 Td (The ) Tj ET Q q 0 0 0 rg BT 87.43 574.50 Td (Class ) Tj ET Q q 0 0 0 rg BT 108.91 574.50 Td (B ) Tj ET Q q 0 0 0 rg BT 116.10 574.50 Td (LP) Tj ET Q q 0 0 0 rg BT 125.50 574.50 Td ( ) Tj ET Q q 0 0 0 rg BT 127.50 574.50 Td (units ) Tj ET Q q 0 0 0 rg BT 145.96 574.50 Td (are ) Tj ET Q q 0 0 0 rg BT 159.22 574.50 Td (re-measured ) Tj ET Q q 0 0 0 rg BT 205.38 574.50 Td (based ) Tj ET Q q 0 0 0 rg BT 228.61 574.50 Td (on ) Tj ET Q q 0 0 0 rg BT 239.27 574.50 Td (the ) Tj ET Q q 0 0 0 rg BT 252.11 574.50 Td (quoted ) Tj ET Q q 0 0 0 rg BT 277.94 574.50 Td (closing ) Tj ET Q q 0 0 0 rg BT 304.19 574.50 Td (price ) Tj ET Q q 0 0 0 rg BT 323.08 574.50 Td (of ) Tj ET Q q 0 0 0 rg BT 331.58 574.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 349.19 574.50 Td ( ) Tj ET Q q 0 0 0 rg BT 351.19 574.50 Td (units ) Tj ET Q q 0 0 0 rg BT 369.65 574.50 Td (into ) Tj ET Q q 0 0 0 rg BT 384.21 574.50 Td (which ) Tj ET Q q 0 0 0 rg BT 406.13 574.50 Td (they ) Tj ET Q q 0 0 0 rg BT 422.86 574.50 Td (are ) Tj ET Q q 0 0 0 rg BT 436.12 574.50 Td (exchangeable ) Tj ET Q q 0 0 0 rg BT 486.63 574.50 Td (with ) Tj ET Q q 0 0 0 rg BT 502.49 574.50 Td (changes ) Tj ET Q q 0 0 0 rg BT 533.94 574.50 Td (in ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 563.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 84.99 563.10 Td (value ) Tj ET Q q 0 0 0 rg BT 105.78 563.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 146.06 563.10 Td (in ) Tj ET Q q 0 0 0 rg BT 154.29 563.10 Td (net ) Tj ET Q q 0 0 0 rg BT 167.29 563.10 Td (income. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 545.70 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 545.70 Td (change ) Tj ET Q q 0 0 0 rg BT 115.32 545.70 Td (in ) Tj ET Q q 0 0 0 rg BT 123.55 545.70 Td (Class ) Tj ET Q q 0 0 0 rg BT 145.19 545.70 Td (B ) Tj ET Q q 0 0 0 rg BT 152.55 545.70 Td (LP) Tj ET Q q 0 0 0 rg BT 161.95 545.70 Td ( ) Tj ET Q q 0 0 0 rg BT 164.11 545.70 Td (units ) Tj ET Q q 0 0 0 rg BT 182.74 545.70 Td (for ) Tj ET Q q 0 0 0 rg BT 194.00 545.70 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 206.99 545.70 Td (three ) Tj ET Q q 0 0 0 rg BT 226.92 545.70 Td (months ) Tj ET Q q 0 0 0 rg BT 254.63 545.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 278.46 545.70 Td (March ) Tj ET Q q 0 0 0 rg BT 302.27 545.70 Td (31, ) Tj ET Q q 0 0 0 rg BT 315.27 545.70 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 332.60 545.70 Td ( ) Tj ET Q q 0 0 0 rg BT 334.77 545.70 Td (and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 349.93 545.70 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 367.26 545.70 Td ( ) Tj ET Q q 0 0 0 rg BT 369.43 545.70 Td (is ) Tj ET Q q 0 0 0 rg BT 377.22 545.70 Td (as ) Tj ET Q q 0 0 0 rg BT 387.62 545.70 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 529.2 m 220.5 529.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 529.2 m 300.5 529.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 515.2 m 300.5 515.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 529.2 m 380.5 529.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 515.2 m 380.5 515.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 529.2 m 460.5 529.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 515.2 m 460.5 515.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 529.2 m 540.5 529.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 515.2 m 540.5 515.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 501.2 m 220.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 501.2 m 300.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 501.2 m 380.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 501.2 m 460.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 501.2 m 540.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 501.2 m 300.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 501.2 m 380.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 501.2 m 460.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 501.2 m 540.5 501.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 473.2 m 300.5 473.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 473.2 m 380.5 473.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 473.2 m 460.5 473.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 473.2 m 540.5 473.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 473.2 m 220.5 473.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 459.2 m 220.5 459.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 473.2 m 300.5 473.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 459.2 m 300.5 459.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 473.2 m 380.5 473.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 459.2 m 380.5 459.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 473.2 m 460.5 473.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 459.2 m 460.5 459.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 473.2 m 540.5 473.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 459.2 m 540.5 459.2 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 242.75 519.73 Td (Three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 408.75 519.73 Td (Three months ended March 31, 2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 277.50 505.73 Td (Units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 347.55 505.73 Td (Amount) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 439.25 505.73 Td (Units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 510.15 505.73 Td (Amount) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 491.73 Td (Balance, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 262.70 491.73 Td (5,285,160) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 303.00 491.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 353.55 491.78 Td (43,021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 422.70 491.73 Td (5,285,160) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 491.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 491.73 Td (41,753) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 477.73 Td (Fair value change) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 289.60 477.73 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 355.30 477.78 Td (\(2,748) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 377.40 477.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 477.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 477.73 Td (740) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 463.73 Td (Balance, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 262.70 463.73 Td (5,285,160) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 303.00 463.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 353.55 463.78 Td (40,273) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 422.70 463.73 Td (5,285,160) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 463.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 463.73 Td (42,493) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 442.30 Td (14. ) Tj ET Q q 0 0 0 rg BT 85.00 442.30 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 442.30 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 442.30 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 442.30 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 442.30 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 442.30 Td ( ) Tj ET Q q 0 0 0 rg BT 97.71 442.30 Td (Accounts ) Tj ET Q q 0 0 0 rg BT 135.37 442.30 Td (payable ) Tj ET Q q 0 0 0 rg BT 166.55 442.30 Td (and ) Tj ET Q q 0 0 0 rg BT 182.57 442.30 Td (accrued ) Tj ET Q q 0 0 0 rg BT 214.61 442.30 Td (liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 424.90 Td (Accounts payable and accrued liabilities are comprised of the following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 414.4 m 354.5 414.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 400.4 m 354.5 400.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 414.4 m 380.5 414.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 354.5 400.4 m 380.5 400.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 414.4 m 460.5 414.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 400.4 m 460.5 400.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 414.4 m 540.5 414.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 400.4 m 540.5 400.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 354.5 400.4 m 380.5 400.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 400.4 m 460.5 400.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 400.4 m 540.5 400.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 344.4 m 354.5 344.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 330.4 m 354.5 330.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 354.5 344.4 m 380.5 344.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 330.4 m 380.5 330.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 344.4 m 460.5 344.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 330.4 m 460.5 330.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 344.4 m 540.5 344.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 330.4 m 540.5 330.4 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 359.65 404.93 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 404.93 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 404.93 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 390.93 Td (T) Tj ET Q q 0 0 0 rg BT 79.62 390.93 Td (rade payables and accrued liabilities) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 390.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 390.93 Td (19,565) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 390.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 390.93 Td (16,184) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 376.93 Td (Distributions payable) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 362.65 376.88 Td (16) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 376.93 Td (4,689) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 376.93 Td (3,889) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 362.93 Td (Prepaid rent) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 362.93 Td (4,314) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 362.93 Td (3,817) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 348.93 Td (T) Tj ET Q q 0 0 0 rg BT 78.90 348.93 Td (enant improvements payable) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 348.93 Td (2,516) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 348.93 Td (9,872) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 334.93 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 334.93 Td (31,084) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 334.93 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 334.93 Td (33,762) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 313.50 Td (15. ) Tj ET Q q 0 0 0 rg BT 85.00 313.50 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 313.50 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 313.50 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 313.50 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 313.50 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 313.50 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 313.50 Td (Unitholders' ) Tj ET Q q 0 0 0 rg BT 145.29 313.50 Td (equity) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 296.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.39 296.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.00 296.10 Td ( ) Tj ET Q q 0 0 0 rg BT 106.97 296.10 Td (is ) Tj ET Q q 0 0 0 rg BT 114.57 296.10 Td (authorized ) Tj ET Q q 0 0 0 rg BT 152.92 296.10 Td (to ) Tj ET Q q 0 0 0 rg BT 161.39 296.10 Td (issue ) Tj ET Q q 0 0 0 rg BT 181.55 296.10 Td (an ) Tj ET Q q 0 0 0 rg BT 192.18 296.10 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 225.33 296.10 Td (number ) Tj ET Q q 0 0 0 rg BT 253.71 296.10 Td (of ) Tj ET Q q 0 0 0 rg BT 262.18 296.10 Td (trust ) Tj ET Q q 0 0 0 rg BT 279.31 296.10 Td (units. ) Tj ET Q q 0 0 0 rg BT 299.90 296.10 Td (Each ) Tj ET Q q 0 0 0 rg BT 319.63 296.10 Td (trust ) Tj ET Q q 0 0 0 rg BT 336.75 296.10 Td (unit ) Tj ET Q q 0 0 0 rg BT 351.28 296.10 Td (represents ) Tj ET Q q 0 0 0 rg BT 390.06 296.10 Td (a ) Tj ET Q q 0 0 0 rg BT 396.37 296.10 Td (proportionate ) Tj ET Q q 0 0 0 rg BT 444.25 296.10 Td (undivided ) Tj ET Q q 0 0 0 rg BT 479.57 296.10 Td (beneficial ) Tj ET Q q 0 0 0 rg BT 514.45 296.10 Td (interest ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 284.70 Td (and ) Tj ET Q q 0 0 0 rg BT 87.10 284.70 Td (voting ) Tj ET Q q 0 0 0 rg BT 109.98 284.70 Td (right ) Tj ET Q q 0 0 0 rg BT 127.24 284.70 Td (in ) Tj ET Q q 0 0 0 rg BT 135.40 284.70 Td (the ) Tj ET Q q 0 0 0 rg BT 148.33 284.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 165.94 284.70 Td ( ) Tj ET Q q 0 0 0 rg BT 168.03 284.70 Td (and ) Tj ET Q q 0 0 0 rg BT 183.13 284.70 Td (entitles ) Tj ET Q q 0 0 0 rg BT 209.91 284.70 Td (the ) Tj ET Q q 0 0 0 rg BT 222.84 284.70 Td (holder ) Tj ET Q q 0 0 0 rg BT 246.59 284.70 Td (to ) Tj ET Q q 0 0 0 rg BT 255.19 284.70 Td (an ) Tj ET Q q 0 0 0 rg BT 265.95 284.70 Td (equal ) Tj ET Q q 0 0 0 rg BT 287.11 284.70 Td (participation ) Tj ET Q q 0 0 0 rg BT 331.22 284.70 Td (in ) Tj ET Q q 0 0 0 rg BT 339.38 284.70 Td (distributions ) Tj ET Q q 0 0 0 rg BT 383.05 284.70 Td (of ) Tj ET Q q 0 0 0 rg BT 391.65 284.70 Td (the ) Tj ET Q q 0 0 0 rg BT 404.58 284.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 421.46 284.70 Td (. ) Tj ET Q q 0 0 0 rg BT 425.59 284.70 Td (The ) Tj ET Q q 0 0 0 rg BT 441.11 284.70 Td (trust ) Tj ET Q q 0 0 0 rg BT 458.37 284.70 Td (units ) Tj ET Q q 0 0 0 rg BT 476.92 284.70 Td (are ) Tj ET Q q 0 0 0 rg BT 490.28 284.70 Td (redeemable ) Tj ET Q q 0 0 0 rg BT 533.52 284.70 Td (at ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 273.30 Td (the ) Tj ET Q q 0 0 0 rg BT 85.00 273.30 Td (option ) Tj ET Q q 0 0 0 rg BT 108.39 273.30 Td (of ) Tj ET Q q 0 0 0 rg BT 117.06 273.30 Td (the ) Tj ET Q q 0 0 0 rg BT 130.06 273.30 Td (holder ) Tj ET Q q 0 0 0 rg BT 153.88 273.30 Td (at ) Tj ET Q q 0 0 0 rg BT 162.54 273.30 Td (any ) Tj ET Q q 0 0 0 rg BT 177.27 273.30 Td (time.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 255.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.93 255.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.53 255.90 Td ( ) Tj ET Q q 0 0 0 rg BT 108.04 255.90 Td (is ) Tj ET Q q 0 0 0 rg BT 116.16 255.90 Td (also ) Tj ET Q q 0 0 0 rg BT 132.96 255.90 Td (authorized ) Tj ET Q q 0 0 0 rg BT 171.84 255.90 Td (to ) Tj ET Q q 0 0 0 rg BT 180.84 255.90 Td (create ) Tj ET Q q 0 0 0 rg BT 204.99 255.90 Td (and ) Tj ET Q q 0 0 0 rg BT 220.49 255.90 Td (issue ) Tj ET Q q 0 0 0 rg BT 241.18 255.90 Td (an ) Tj ET Q q 0 0 0 rg BT 252.35 255.90 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 286.03 255.90 Td (number ) Tj ET Q q 0 0 0 rg BT 314.94 255.90 Td (of ) Tj ET Q q 0 0 0 rg BT 323.94 255.90 Td (preferred ) Tj ET Q q 0 0 0 rg BT 358.05 255.90 Td (units, ) Tj ET Q q 0 0 0 rg BT 379.18 255.90 Td (in ) Tj ET Q q 0 0 0 rg BT 387.74 255.90 Td (one ) Tj ET Q q 0 0 0 rg BT 403.24 255.90 Td (or ) Tj ET Q q 0 0 0 rg BT 412.67 255.90 Td (more ) Tj ET Q q 0 0 0 rg BT 432.91 255.90 Td (classes ) Tj ET Q q 0 0 0 rg BT 461.40 255.90 Td (comprised ) Tj ET Q q 0 0 0 rg BT 499.83 255.90 Td (of ) Tj ET Q q 0 0 0 rg BT 508.83 255.90 Td (unlimited ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 244.50 Td (series, ) Tj ET Q q 0 0 0 rg BT 96.56 244.50 Td (having ) Tj ET Q q 0 0 0 rg BT 121.13 244.50 Td (terms ) Tj ET Q q 0 0 0 rg BT 142.22 244.50 Td (and ) Tj ET Q q 0 0 0 rg BT 156.83 244.50 Td (conditions ) Tj ET Q q 0 0 0 rg BT 193.52 244.50 Td (as ) Tj ET Q q 0 0 0 rg BT 203.36 244.50 Td (may ) Tj ET Q q 0 0 0 rg BT 219.69 244.50 Td (be ) Tj ET Q q 0 0 0 rg BT 229.97 244.50 Td (determined ) Tj ET Q q 0 0 0 rg BT 270.55 244.50 Td (by ) Tj ET Q q 0 0 0 rg BT 280.39 244.50 Td (the ) Tj ET Q q 0 0 0 rg BT 292.84 244.50 Td (Board ) Tj ET Q q 0 0 0 rg BT 315.23 244.50 Td (of ) Tj ET Q q 0 0 0 rg BT 323.24 244.50 Td (T) Tj ET Q q 0 0 0 rg BT 327.72 244.50 Td (rustees ) Tj ET Q q 0 0 0 rg BT 354.88 244.50 Td (from ) Tj ET Q q 0 0 0 rg BT 372.08 244.50 Td (time ) Tj ET Q q 0 0 0 rg BT 388.41 244.50 Td (to ) Tj ET Q q 0 0 0 rg BT 396.52 244.50 Td (time. ) Tj ET Q q 0 0 0 rg BT 415.01 244.50 Td (No ) Tj ET Q q 0 0 0 rg BT 426.58 244.50 Td (preferred ) Tj ET Q q 0 0 0 rg BT 459.80 244.50 Td (units ) Tj ET Q q 0 0 0 rg BT 477.87 244.50 Td (have ) Tj ET Q q 0 0 0 rg BT 496.38 244.50 Td (been ) Tj ET Q q 0 0 0 rg BT 515.32 244.50 Td (issued.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 227.10 Td (The change in trust units during the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 196.31 227.10 Td (three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 321.92 227.10 Td ( and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 339.25 227.10 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 356.58 227.10 Td ( is as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 216.60000000000002 m 189.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 189.5 216.60000000000002 m 220.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 216.60000000000002 m 300.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 202.60000000000002 m 300.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 216.60000000000002 m 380.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 202.60000000000002 m 380.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 216.60000000000002 m 460.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 202.60000000000002 m 460.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 216.60000000000002 m 540.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 202.60000000000002 m 540.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 188.60000000000002 m 189.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 189.5 188.60000000000002 m 220.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 188.60000000000002 m 300.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 188.60000000000002 m 380.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 188.60000000000002 m 460.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 188.60000000000002 m 540.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 188.60000000000002 m 300.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 188.60000000000002 m 380.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 188.60000000000002 m 460.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 188.60000000000002 m 540.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 132.60000000000002 m 189.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 118.60000000000002 m 189.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 189.5 132.60000000000002 m 220.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 189.5 118.60000000000002 m 220.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 132.60000000000002 m 300.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 118.60000000000002 m 300.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 132.60000000000002 m 380.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 118.60000000000002 m 380.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 132.60000000000002 m 460.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 118.60000000000002 m 460.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 132.60000000000002 m 540.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 118.60000000000002 m 540.5 118.60000000000002 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 242.75 207.13 Td (Three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 408.75 207.13 Td (Three months ended March 31, 2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 195.80 193.13 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 277.50 193.13 Td (Units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 347.55 193.13 Td (Amount) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 439.25 193.13 Td (Units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 510.15 193.13 Td (Amount) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 179.13 Td (Balance, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 258.35 179.13 Td (56,938,025) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 303.00 179.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 349.20 179.13 Td (438,975) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 418.40 179.13 Td (40,743,637) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 179.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 179.13 Td (310,201) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 165.13 Td (Issued on public of) Tj ET Q q 0 0 0 rg BT 139.91 165.13 Td (fering) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 258.35 165.13 Td (12,778,800) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 353.55 165.18 Td (97,758) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 165.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 165.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 151.13 Td (Issued pursuant to DRIP) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 200.15 151.08 Td (16) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 273.55 151.13 Td (31,204) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 364.40 151.13 Td (246) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 433.55 151.13 Td (36,747) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 151.13 Td (296) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 137.13 Td (Unit issuance costs) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 289.60 137.13 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 355.30 137.18 Td (\(4,774) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 377.40 137.13 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 137.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 137.13 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 123.13 Td (Balance, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 258.35 123.13 Td (69,748,029) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 303.00 123.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 349.20 123.13 Td (532,205) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 418.40 123.13 Td (40,780,384) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 123.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 123.13 Td (310,497) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 18) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (Issuances) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 677.70 Td (On ) Tj ET Q q 0 0 0 rg BT 84.39 677.70 Td (January ) Tj ET Q q 0 0 0 rg BT 114.11 677.70 Td (26, ) Tj ET Q q 0 0 0 rg BT 126.94 677.70 Td (2018, ) Tj ET Q q 0 0 0 rg BT 148.43 677.70 Td (the ) Tj ET Q q 0 0 0 rg BT 161.26 677.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 178.87 677.70 Td ( ) Tj ET Q q 0 0 0 rg BT 180.87 677.70 Td (issued ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 205.39 677.70 Td (12,778,800) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 244.38 677.70 Td ( ) Tj ET Q q 0 0 0 rg BT 246.38 677.70 Td (subscription ) Tj ET Q q 0 0 0 rg BT 289.95 677.70 Td (receipts ) Tj ET Q q 0 0 0 rg BT 319.23 677.70 Td (at ) Tj ET Q q 0 0 0 rg BT 327.73 677.70 Td (a ) Tj ET Q q 0 0 0 rg BT 334.06 677.70 Td (price ) Tj ET Q q 0 0 0 rg BT 352.95 677.70 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 361.44 677.70 Td ($8.10) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 380.94 677.70 Td ( ) Tj ET Q q 0 0 0 rg BT 382.94 677.70 Td (per ) Tj ET Q q 0 0 0 rg BT 396.20 677.70 Td (subscription ) Tj ET Q q 0 0 0 rg BT 439.77 677.70 Td (receipt, ) Tj ET Q q 0 0 0 rg BT 467.32 677.70 Td (for ) Tj ET Q q 0 0 0 rg BT 478.41 677.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 499.46 677.70 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 533.50 677.70 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 666.30 Td ($103.5 ) Tj ET Q q 0 0 0 rg BT 98.29 666.30 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 120.37 666.30 Td ( ) Tj ET Q q 0 0 0 rg BT 122.83 666.30 Td (in ) Tj ET Q q 0 0 0 rg BT 131.36 666.30 Td (connection ) Tj ET Q q 0 0 0 rg BT 171.51 666.30 Td (with ) Tj ET Q q 0 0 0 rg BT 187.82 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 201.12 666.30 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 240.40 666.30 Td (of ) Tj ET Q q 0 0 0 rg BT 249.36 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 262.66 666.30 Td (7 ) Tj ET Q q 0 0 0 rg BT 268.97 666.30 Td (Asset ) Tj ET Q q 0 0 0 rg BT 290.92 666.30 Td (Portfolio. ) Tj ET Q q 0 0 0 rg BT 324.13 666.30 Td (Concurrently ) Tj ET Q q 0 0 0 rg BT 370.75 666.30 Td (with ) Tj ET Q q 0 0 0 rg BT 387.07 666.30 Td (the ) Tj ET Q q 0 0 0 rg BT 400.36 666.30 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 439.64 666.30 Td (of ) Tj ET Q q 0 0 0 rg BT 448.60 666.30 Td (those ) Tj ET Q q 0 0 0 rg BT 470.13 666.30 Td (properties ) Tj ET Q q 0 0 0 rg BT 507.24 666.30 Td (on ) Tj ET Q q 0 0 0 rg BT 518.36 666.30 Td (March ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 654.90 Td (27, ) Tj ET Q q 0 0 0 rg BT 84.62 654.90 Td (2018, ) Tj ET Q q 0 0 0 rg BT 105.91 654.90 Td (the ) Tj ET Q q 0 0 0 rg BT 118.53 654.90 Td (subscription ) Tj ET Q q 0 0 0 rg BT 161.90 654.90 Td (receipts ) Tj ET Q q 0 0 0 rg BT 190.97 654.90 Td (were ) Tj ET Q q 0 0 0 rg BT 209.64 654.90 Td (automatically ) Tj ET Q q 0 0 0 rg BT 256.90 654.90 Td (exchanged ) Tj ET Q q 0 0 0 rg BT 296.81 654.90 Td (for ) Tj ET Q q 0 0 0 rg BT 307.70 654.90 Td (one ) Tj ET Q q 0 0 0 rg BT 322.48 654.90 Td (unit ) Tj ET Q q 0 0 0 rg BT 336.84 654.90 Td (and ) Tj ET Q q 0 0 0 rg BT 351.63 654.90 Td (a ) Tj ET Q q 0 0 0 rg BT 357.75 654.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 376.00 654.90 Td (distribution ) Tj ET Q q 0 0 0 rg BT 415.47 654.90 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 452.78 654.90 Td (payment ) Tj ET Q q 0 0 0 rg BT 484.45 654.90 Td (of ) Tj ET Q q 0 0 0 rg BT 492.74 654.90 Td ($0.125 ) Tj ET Q q 0 0 0 rg BT 518.36 654.90 Td (\(being ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 643.50 Td (equal ) Tj ET Q q 0 0 0 rg BT 93.26 643.50 Td (to ) Tj ET Q q 0 0 0 rg BT 101.97 643.50 Td (the ) Tj ET Q q 0 0 0 rg BT 115.00 643.50 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 152.29 643.50 Td (amount ) Tj ET Q q 0 0 0 rg BT 180.48 643.50 Td (of ) Tj ET Q q 0 0 0 rg BT 189.19 643.50 Td (distributions ) Tj ET Q q 0 0 0 rg BT 232.96 643.50 Td (paid ) Tj ET Q q 0 0 0 rg BT 249.89 643.50 Td (by ) Tj ET Q q 0 0 0 rg BT 260.33 643.50 Td (the ) Tj ET Q q 0 0 0 rg BT 273.36 643.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 290.97 643.50 Td ( ) Tj ET Q q 0 0 0 rg BT 293.17 643.50 Td (per ) Tj ET Q q 0 0 0 rg BT 306.64 643.50 Td (unit ) Tj ET Q q 0 0 0 rg BT 321.40 643.50 Td (for ) Tj ET Q q 0 0 0 rg BT 332.70 643.50 Td (which ) Tj ET Q q 0 0 0 rg BT 354.82 643.50 Td (record ) Tj ET Q q 0 0 0 rg BT 379.10 643.50 Td (dates ) Tj ET Q q 0 0 0 rg BT 400.36 643.50 Td (occurred ) Tj ET Q q 0 0 0 rg BT 432.88 643.50 Td (between ) Tj ET Q q 0 0 0 rg BT 464.53 643.50 Td (January ) Tj ET Q q 0 0 0 rg BT 494.45 643.50 Td (26, ) Tj ET Q q 0 0 0 rg BT 507.49 643.50 Td (2018 ) Tj ET Q q 0 0 0 rg BT 527.02 643.50 Td (and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 632.10 Td (March ) Tj ET Q q 0 0 0 rg BT 95.64 632.10 Td (27, ) Tj ET Q q 0 0 0 rg BT 108.46 632.10 Td (2018\). ) Tj ET Q q 0 0 0 rg BT 132.54 632.10 Td ( ) Tj ET Q q 0 0 0 rg BT 134.41 632.10 Td (The ) Tj ET Q q 0 0 0 rg BT 149.83 632.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 168.28 632.10 Td (distribution ) Tj ET Q q 0 0 0 rg BT 207.95 632.10 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 245.46 632.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 277.33 632.10 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 285.82 632.10 Td ($1.6 ) Tj ET Q q 0 0 0 rg BT 302.98 632.10 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 325.06 632.10 Td ( ) Tj ET Q q 0 0 0 rg BT 327.05 632.10 Td (has ) Tj ET Q q 0 0 0 rg BT 341.60 632.10 Td (been ) Tj ET Q q 0 0 0 rg BT 360.92 632.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 393.66 632.10 Td (in ) Tj ET Q q 0 0 0 rg BT 401.72 632.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 429.26 632.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.25 632.10 Td (finance ) Tj ET Q q 0 0 0 rg BT 471.37 632.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 491.55 632.10 Td (\(note ) Tj ET Q q 0 0 0 rg BT 511.30 632.10 Td (19\). ) Tj ET Q q 0 0 0 rg BT 526.59 632.10 Td (The ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 620.70 Td (dif) Tj ET Q q 0 0 0 rg BT 80.09 620.70 Td (ference ) Tj ET Q q 0 0 0 rg BT 108.66 620.70 Td (between ) Tj ET Q q 0 0 0 rg BT 140.70 620.70 Td (the ) Tj ET Q q 0 0 0 rg BT 154.11 620.70 Td ($8.10 ) Tj ET Q q 0 0 0 rg BT 176.19 620.70 Td (of) Tj ET Q q 0 0 0 rg BT 182.55 620.70 Td (fered ) Tj ET Q q 0 0 0 rg BT 202.89 620.70 Td (price ) Tj ET Q q 0 0 0 rg BT 222.36 620.70 Td (per ) Tj ET Q q 0 0 0 rg BT 236.20 620.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 251.34 620.70 Td (and ) Tj ET Q q 0 0 0 rg BT 266.92 620.70 Td (the ) Tj ET Q q 0 0 0 rg BT 280.34 620.70 Td (closing ) Tj ET Q q 0 0 0 rg BT 307.17 620.70 Td (price ) Tj ET Q q 0 0 0 rg BT 326.64 620.70 Td (of ) Tj ET Q q 0 0 0 rg BT 335.72 620.70 Td ($7.65 ) Tj ET Q q 0 0 0 rg BT 357.80 620.70 Td (per ) Tj ET Q q 0 0 0 rg BT 371.64 620.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 386.78 620.70 Td (on ) Tj ET Q q 0 0 0 rg BT 398.03 620.70 Td (the ) Tj ET Q q 0 0 0 rg BT 411.44 620.70 Td (day ) Tj ET Q q 0 0 0 rg BT 426.59 620.70 Td (of ) Tj ET Q q 0 0 0 rg BT 435.67 620.70 Td (conversion ) Tj ET Q q 0 0 0 rg BT 475.92 620.70 Td (of ) Tj ET Q q 0 0 0 rg BT 485.01 620.70 Td (the ) Tj ET Q q 0 0 0 rg BT 498.42 620.70 Td (subscription ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 609.30 Td (receipts ) Tj ET Q q 0 0 0 rg BT 101.71 609.30 Td (to ) Tj ET Q q 0 0 0 rg BT 110.63 609.30 Td (units ) Tj ET Q q 0 0 0 rg BT 129.52 609.30 Td (was ) Tj ET Q q 0 0 0 rg BT 145.80 609.30 Td (recorded ) Tj ET Q q 0 0 0 rg BT 178.97 609.30 Td (in ) Tj ET Q q 0 0 0 rg BT 187.46 609.30 Td (net ) Tj ET Q q 0 0 0 rg BT 200.72 609.30 Td (income ) Tj ET Q q 0 0 0 rg BT 228.26 609.30 Td (and ) Tj ET Q q 0 0 0 rg BT 243.68 609.30 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 298.94 609.30 Td (income ) Tj ET Q q 0 0 0 rg BT 326.48 609.30 Td (as ) Tj ET Q q 0 0 0 rg BT 337.14 609.30 Td (a ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 343.90 609.30 Td ($5.8 ) Tj ET Q q 0 0 0 rg BT 361.49 609.30 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.56 609.30 Td ( ) Tj ET Q q 0 0 0 rg BT 385.99 609.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 399.24 609.30 Td (value ) Tj ET Q q 0 0 0 rg BT 420.29 609.30 Td (change ) Tj ET Q q 0 0 0 rg BT 448.28 609.30 Td (of ) Tj ET Q q 0 0 0 rg BT 457.20 609.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 488.21 609.30 Td (instruments ) Tj ET Q q 0 0 0 rg BT 530.91 609.30 Td (for ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 597.90 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 85.00 597.90 Td (three ) Tj ET Q q 0 0 0 rg BT 104.92 597.90 Td (months ) Tj ET Q q 0 0 0 rg BT 132.64 597.90 Td (ended ) Tj ET Q q 0 0 0 rg BT 156.47 597.90 Td (March ) Tj ET Q q 0 0 0 rg BT 180.28 597.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 193.28 597.90 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 210.61 597.90 Td ( ) Tj ET Q q 0 0 0 rg BT 212.77 597.90 Td (\(note ) Tj ET Q q 0 0 0 rg BT 232.70 597.90 Td (20\). ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 580.50 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 580.50 Td (rustee ) Tj ET Q q 0 0 0 rg BT 100.23 580.50 Td (deferred ) Tj ET Q q 0 0 0 rg BT 131.41 580.50 Td (unit ) Tj ET Q q 0 0 0 rg BT 146.14 580.50 Td (plan) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 563.10 Td (Ef) Tj ET Q q 0 0 0 rg BT 79.23 563.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 103.14 563.10 Td (May ) Tj ET Q q 0 0 0 rg BT 119.26 563.10 Td (26, ) Tj ET Q q 0 0 0 rg BT 131.48 563.10 Td (2015, ) Tj ET Q q 0 0 0 rg BT 152.37 563.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.60 563.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 182.21 563.10 Td ( ) Tj ET Q q 0 0 0 rg BT 183.60 563.10 Td (adopted ) Tj ET Q q 0 0 0 rg BT 213.16 563.10 Td (a ) Tj ET Q q 0 0 0 rg BT 218.88 563.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 249.29 563.10 Td (unit ) Tj ET Q q 0 0 0 rg BT 263.25 563.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 279.37 563.10 Td (for ) Tj ET Q q 0 0 0 rg BT 289.77 563.10 Td (T) Tj ET Q q 0 0 0 rg BT 294.25 563.10 Td (rustees ) Tj ET Q q 0 0 0 rg BT 321.19 563.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.08 563.10 Td (the ) Tj ET Q q 0 0 0 rg BT 341.31 563.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 358.92 563.10 Td ( ) Tj ET Q q 0 0 0 rg BT 360.31 563.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 375.13 563.10 Td (T) Tj ET Q q 0 0 0 rg BT 382.20 563.10 Td (rustee ) Tj ET Q q 0 0 0 rg BT 405.25 563.10 Td (DUP\). ) Tj ET Q q 0 0 0 rg BT 430.35 563.10 Td (T) Tj ET Q q 0 0 0 rg BT 434.83 563.10 Td (rustees ) Tj ET Q q 0 0 0 rg BT 461.77 563.10 Td (who ) Tj ET Q q 0 0 0 rg BT 477.45 563.10 Td (are ) Tj ET Q q 0 0 0 rg BT 490.10 563.10 Td (not ) Tj ET Q q 0 0 0 rg BT 502.33 563.10 Td (employees ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 551.70 Td (of ) Tj ET Q q 0 0 0 rg BT 81.35 551.70 Td (the ) Tj ET Q q 0 0 0 rg BT 95.04 551.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 112.65 551.70 Td ( ) Tj ET Q q 0 0 0 rg BT 115.50 551.70 Td (or ) Tj ET Q q 0 0 0 rg BT 125.28 551.70 Td (the ) Tj ET Q q 0 0 0 rg BT 138.96 551.70 Td (Manager) Tj ET Q q 0 0 0 rg BT 169.28 551.70 Td (, ) Tj ET Q q 0 0 0 rg BT 174.30 551.70 Td (Slate ) Tj ET Q q 0 0 0 rg BT 194.35 551.70 Td (Asset ) Tj ET Q q 0 0 0 rg BT 216.69 551.70 Td (Management ) Tj ET Q q 0 0 0 rg BT 265.02 551.70 Td (L.P) Tj ET Q q 0 0 0 rg BT 275.71 551.70 Td (., ) Tj ET Q q 0 0 0 rg BT 282.90 551.70 Td (or ) Tj ET Q q 0 0 0 rg BT 292.68 551.70 Td (any ) Tj ET Q q 0 0 0 rg BT 308.09 551.70 Td (of ) Tj ET Q q 0 0 0 rg BT 317.44 551.70 Td (their ) Tj ET Q q 0 0 0 rg BT 335.45 551.70 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 381.61 551.70 Td (are ) Tj ET Q q 0 0 0 rg BT 395.72 551.70 Td (eligible ) Tj ET Q q 0 0 0 rg BT 422.83 551.70 Td (to ) Tj ET Q q 0 0 0 rg BT 432.18 551.70 Td (participate ) Tj ET Q q 0 0 0 rg BT 470.98 551.70 Td (in ) Tj ET Q q 0 0 0 rg BT 479.89 551.70 Td (the ) Tj ET Q q 0 0 0 rg BT 493.40 551.70 Td (T) Tj ET Q q 0 0 0 rg BT 497.88 551.70 Td (rustee ) Tj ET Q q 0 0 0 rg BT 522.38 551.70 Td (DUP) Tj ET Q q 0 0 0 rg BT 537.83 551.70 Td (. ) Tj ET Q q 0 0 0 rg BT 542.16 551.70 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 540.30 Td (Participants ) Tj ET Q q 0 0 0 rg BT 114.67 540.30 Td (may ) Tj ET Q q 0 0 0 rg BT 131.35 540.30 Td (elect ) Tj ET Q q 0 0 0 rg BT 149.77 540.30 Td (to ) Tj ET Q q 0 0 0 rg BT 158.23 540.30 Td (receive ) Tj ET Q q 0 0 0 rg BT 185.31 540.30 Td (all ) Tj ET Q q 0 0 0 rg BT 195.06 540.30 Td (or ) Tj ET Q q 0 0 0 rg BT 203.95 540.30 Td (a ) Tj ET Q q 0 0 0 rg BT 210.25 540.30 Td (portion ) Tj ET Q q 0 0 0 rg BT 236.03 540.30 Td (of ) Tj ET Q q 0 0 0 rg BT 244.49 540.30 Td (their ) Tj ET Q q 0 0 0 rg BT 261.61 540.30 Td (annual ) Tj ET Q q 0 0 0 rg BT 286.96 540.30 Td (retainer) Tj ET Q q 0 0 0 rg BT 312.95 540.30 Td (, ) Tj ET Q q 0 0 0 rg BT 317.08 540.30 Td (meeting ) Tj ET Q q 0 0 0 rg BT 346.76 540.30 Td (fees ) Tj ET Q q 0 0 0 rg BT 363.45 540.30 Td (and ) Tj ET Q q 0 0 0 rg BT 378.41 540.30 Td (additional ) Tj ET Q q 0 0 0 rg BT 413.73 540.30 Td (compensation ) Tj ET Q q 0 0 0 rg BT 464.19 540.30 Td (\(including ) Tj ET Q q 0 0 0 rg BT 499.50 540.30 Td (travel ) Tj ET Q q 0 0 0 rg BT 520.52 540.30 Td (fees\), ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 528.90 Td (in ) Tj ET Q q 0 0 0 rg BT 80.53 528.90 Td (deferred ) Tj ET Q q 0 0 0 rg BT 112.02 528.90 Td (units. ) Tj ET Q q 0 0 0 rg BT 133.11 528.90 Td (One ) Tj ET Q q 0 0 0 rg BT 150.31 528.90 Td (deferred ) Tj ET Q q 0 0 0 rg BT 181.79 528.90 Td (unit, ) Tj ET Q q 0 0 0 rg BT 198.99 528.90 Td (which ) Tj ET Q q 0 0 0 rg BT 221.37 528.90 Td (vests ) Tj ET Q q 0 0 0 rg BT 242.03 528.90 Td (immediately ) Tj ET Q q 0 0 0 rg BT 286.07 528.90 Td (on ) Tj ET Q q 0 0 0 rg BT 297.20 528.90 Td (the ) Tj ET Q q 0 0 0 rg BT 310.50 528.90 Td (grant ) Tj ET Q q 0 0 0 rg BT 330.73 528.90 Td (date, ) Tj ET Q q 0 0 0 rg BT 350.53 528.90 Td (is ) Tj ET Q q 0 0 0 rg BT 358.62 528.90 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 396.61 528.90 Td (to ) Tj ET Q q 0 0 0 rg BT 405.58 528.90 Td (one ) Tj ET Q q 0 0 0 rg BT 421.05 528.90 Td (trust ) Tj ET Q q 0 0 0 rg BT 438.67 528.90 Td (unit. ) Tj ET Q q 0 0 0 rg BT 455.38 528.90 Td (Additional ) Tj ET Q q 0 0 0 rg BT 492.07 528.90 Td (deferred ) Tj ET Q q 0 0 0 rg BT 523.55 528.90 Td (units ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 517.50 Td (accumulate ) Tj ET Q q 0 0 0 rg BT 114.01 517.50 Td (at ) Tj ET Q q 0 0 0 rg BT 122.67 517.50 Td (the ) Tj ET Q q 0 0 0 rg BT 135.67 517.50 Td (same ) Tj ET Q q 0 0 0 rg BT 156.89 517.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 172.48 517.50 Td (that ) Tj ET Q q 0 0 0 rg BT 187.65 517.50 Td (distributions ) Tj ET Q q 0 0 0 rg BT 231.39 517.50 Td (are ) Tj ET Q q 0 0 0 rg BT 244.81 517.50 Td (paid ) Tj ET Q q 0 0 0 rg BT 261.71 517.50 Td (on ) Tj ET Q q 0 0 0 rg BT 272.54 517.50 Td (the ) Tj ET Q q 0 0 0 rg BT 285.53 517.50 Td (trust ) Tj ET Q q 0 0 0 rg BT 302.86 517.50 Td (units.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 500.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.57 500.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 118.73 500.10 Td (units ) Tj ET Q q 0 0 0 rg BT 137.34 500.10 Td (may ) Tj ET Q q 0 0 0 rg BT 154.21 500.10 Td (be ) Tj ET Q q 0 0 0 rg BT 165.02 500.10 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 202.25 500.10 Td (by ) Tj ET Q q 0 0 0 rg BT 212.62 500.10 Td (a ) Tj ET Q q 0 0 0 rg BT 219.10 500.10 Td (participant ) Tj ET Q q 0 0 0 rg BT 257.20 500.10 Td (for ) Tj ET Q q 0 0 0 rg BT 268.44 500.10 Td (a ) Tj ET Q q 0 0 0 rg BT 274.92 500.10 Td (period ) Tj ET Q q 0 0 0 rg BT 298.72 500.10 Td (of ) Tj ET Q q 0 0 0 rg BT 307.36 500.10 Td (two ) Tj ET Q q 0 0 0 rg BT 321.63 500.10 Td (years ) Tj ET Q q 0 0 0 rg BT 342.83 500.10 Td (after ) Tj ET Q q 0 0 0 rg BT 360.57 500.10 Td (the ) Tj ET Q q 0 0 0 rg BT 373.55 500.10 Td (participant ) Tj ET Q q 0 0 0 rg BT 411.64 500.10 Td (ceases ) Tj ET Q q 0 0 0 rg BT 438.48 500.10 Td (to ) Tj ET Q q 0 0 0 rg BT 447.12 500.10 Td (be ) Tj ET Q q 0 0 0 rg BT 457.94 500.10 Td (a ) Tj ET Q q 0 0 0 rg BT 464.28 500.10 Td (T) Tj ET Q q 0 0 0 rg BT 468.76 500.10 Td (rustee ) Tj ET Q q 0 0 0 rg BT 492.56 500.10 Td (of ) Tj ET Q q 0 0 0 rg BT 501.21 500.10 Td (the ) Tj ET Q q 0 0 0 rg BT 514.18 500.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 531.79 500.10 Td ( ) Tj ET Q q 0 0 0 rg BT 533.94 500.10 Td (in ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 488.70 Td (whole ) Tj ET Q q 0 0 0 rg BT 94.78 488.70 Td (or ) Tj ET Q q 0 0 0 rg BT 104.14 488.70 Td (in ) Tj ET Q q 0 0 0 rg BT 112.64 488.70 Td (part ) Tj ET Q q 0 0 0 rg BT 128.49 488.70 Td (for ) Tj ET Q q 0 0 0 rg BT 140.02 488.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 158.91 488.70 Td (or ) Tj ET Q q 0 0 0 rg BT 168.26 488.70 Td (trust ) Tj ET Q q 0 0 0 rg BT 185.85 488.70 Td (units. ) Tj ET Q q 0 0 0 rg BT 206.76 488.70 Td (The ) Tj ET Q q 0 0 0 rg BT 222.61 488.70 Td (value ) Tj ET Q q 0 0 0 rg BT 243.67 488.70 Td (of ) Tj ET Q q 0 0 0 rg BT 252.60 488.70 Td (the ) Tj ET Q q 0 0 0 rg BT 265.87 488.70 Td (deferred ) Tj ET Q q 0 0 0 rg BT 297.31 488.70 Td (units ) Tj ET Q q 0 0 0 rg BT 316.20 488.70 Td (when ) Tj ET Q q 0 0 0 rg BT 337.26 488.70 Td (converted ) Tj ET Q q 0 0 0 rg BT 373.90 488.70 Td (to ) Tj ET Q q 0 0 0 rg BT 382.83 488.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 401.72 488.70 Td (will ) Tj ET Q q 0 0 0 rg BT 414.97 488.70 Td (be ) Tj ET Q q 0 0 0 rg BT 426.07 488.70 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 464.02 488.70 Td (to ) Tj ET Q q 0 0 0 rg BT 472.95 488.70 Td (the ) Tj ET Q q 0 0 0 rg BT 486.21 488.70 Td (market ) Tj ET Q q 0 0 0 rg BT 512.46 488.70 Td (value ) Tj ET Q q 0 0 0 rg BT 533.51 488.70 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 477.30 Td (trust ) Tj ET Q q 0 0 0 rg BT 89.32 477.30 Td (units ) Tj ET Q q 0 0 0 rg BT 107.95 477.30 Td (on ) Tj ET Q q 0 0 0 rg BT 118.78 477.30 Td (the ) Tj ET Q q 0 0 0 rg BT 131.78 477.30 Td (date ) Tj ET Q q 0 0 0 rg BT 149.11 477.30 Td (of ) Tj ET Q q 0 0 0 rg BT 157.77 477.30 Td (the ) Tj ET Q q 0 0 0 rg BT 170.77 477.30 Td (redemption ) Tj ET Q q 0 0 0 rg BT 211.91 477.30 Td (request. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 459.30 Td (At ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 81.48 459.30 Td (March31, ) Tj ET Q q 0 0 0 rg BT 118.24 459.30 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 135.57 459.30 Td (, ) Tj ET Q q 0 0 0 rg BT 139.86 459.30 Td (the ) Tj ET Q q 0 0 0 rg BT 152.81 459.30 Td (liability ) Tj ET Q q 0 0 0 rg BT 178.31 459.30 Td (associated ) Tj ET Q q 0 0 0 rg BT 217.68 459.30 Td (with ) Tj ET Q q 0 0 0 rg BT 233.65 459.30 Td (the ) Tj ET Q q 0 0 0 rg BT 246.60 459.30 Td (deferred ) Tj ET Q q 0 0 0 rg BT 277.73 459.30 Td (units ) Tj ET Q q 0 0 0 rg BT 296.31 459.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 320.95 459.30 Td (under ) Tj ET Q q 0 0 0 rg BT 342.99 459.30 Td (the ) Tj ET Q q 0 0 0 rg BT 355.81 459.30 Td (T) Tj ET Q q 0 0 0 rg BT 360.29 459.30 Td (rustee ) Tj ET Q q 0 0 0 rg BT 384.06 459.30 Td (DUP) Tj ET Q q 0 0 0 rg BT 400.37 459.30 Td ( ) Tj ET Q q 0 0 0 rg BT 402.49 459.30 Td (was ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 418.46 459.30 Td ($0.5 ) Tj ET Q q 0 0 0 rg BT 435.74 459.30 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 457.82 459.30 Td ( ) Tj ET Q q 0 0 0 rg BT 459.94 459.30 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.53 459.30 Td (March31, ) Tj ET Q q 0 0 0 rg BT 499.29 459.30 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.62 459.30 Td ( ) Tj ET Q q 0 0 0 rg BT 519.07 459.30 Td (- ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.84 459.30 Td ($0.4 ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 447.90 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 94.08 447.90 Td (\), ) Tj ET Q q 0 0 0 rg BT 101.00 447.90 Td (and ) Tj ET Q q 0 0 0 rg BT 116.17 447.90 Td (the ) Tj ET Q q 0 0 0 rg BT 129.17 447.90 Td (number ) Tj ET Q q 0 0 0 rg BT 157.74 447.90 Td (of ) Tj ET Q q 0 0 0 rg BT 166.41 447.90 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 208.86 447.90 Td (deferred ) Tj ET Q q 0 0 0 rg BT 240.05 447.90 Td (units ) Tj ET Q q 0 0 0 rg BT 258.67 447.90 Td (was ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 274.69 447.90 Td (64,742) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 298.52 447.90 Td ( ) Tj ET Q q 0 0 0 rg BT 300.68 447.90 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.28 447.90 Td (March31, ) Tj ET Q q 0 0 0 rg BT 340.09 447.90 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.42 447.90 Td ( ) Tj ET Q q 0 0 0 rg BT 359.58 447.90 Td (- ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 364.34 447.90 Td (49,670) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 388.17 447.90 Td ( ) Tj ET Q q 0 0 0 rg BT 390.34 447.90 Td (units\).) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 430.50 Td (Of) Tj ET Q q 0 0 0 rg BT 80.06 430.50 Td (ficer ) Tj ET Q q 0 0 0 rg BT 96.94 430.50 Td (deferred ) Tj ET Q q 0 0 0 rg BT 128.13 430.50 Td (unit ) Tj ET Q q 0 0 0 rg BT 142.85 430.50 Td (plan) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 413.10 Td (On ) Tj ET Q q 0 0 0 rg BT 84.55 413.10 Td (March ) Tj ET Q q 0 0 0 rg BT 108.35 413.10 Td (21, ) Tj ET Q q 0 0 0 rg BT 121.34 413.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 142.99 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 155.98 413.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 173.59 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 175.74 413.10 Td (adopted ) Tj ET Q q 0 0 0 rg BT 206.06 413.10 Td (a ) Tj ET Q q 0 0 0 rg BT 212.55 413.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 243.72 413.10 Td (unit ) Tj ET Q q 0 0 0 rg BT 258.44 413.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 275.32 413.10 Td (for ) Tj ET Q q 0 0 0 rg BT 286.57 413.10 Td (of) Tj ET Q q 0 0 0 rg BT 292.93 413.10 Td (ficers ) Tj ET Q q 0 0 0 rg BT 313.71 413.10 Td (of ) Tj ET Q q 0 0 0 rg BT 322.36 413.10 Td (the ) Tj ET Q q 0 0 0 rg BT 335.35 413.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 352.96 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 355.11 413.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 370.69 413.10 Td ("Of) Tj ET Q q 0 0 0 rg BT 381.55 413.10 Td (ficer ) Tj ET Q q 0 0 0 rg BT 398.43 413.10 Td (DUP"\). ) Tj ET Q q 0 0 0 rg BT 424.41 413.10 Td (The ) Tj ET Q q 0 0 0 rg BT 439.99 413.10 Td (Of) Tj ET Q q 0 0 0 rg BT 448.09 413.10 Td (ficer ) Tj ET Q q 0 0 0 rg BT 464.96 413.10 Td (DUP) Tj ET Q q 0 0 0 rg BT 481.27 413.10 Td ( ) Tj ET Q q 0 0 0 rg BT 483.42 413.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 515.03 413.10 Td (of) Tj ET Q q 0 0 0 rg BT 521.39 413.10 Td (ficers ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 401.70 Td (of ) Tj ET Q q 0 0 0 rg BT 80.49 401.70 Td (the ) Tj ET Q q 0 0 0 rg BT 93.32 401.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 110.93 401.70 Td ( ) Tj ET Q q 0 0 0 rg BT 112.92 401.70 Td (the ) Tj ET Q q 0 0 0 rg BT 125.75 401.70 Td (opportunity ) Tj ET Q q 0 0 0 rg BT 166.29 401.70 Td (to ) Tj ET Q q 0 0 0 rg BT 174.78 401.70 Td (receive ) Tj ET Q q 0 0 0 rg BT 201.89 401.70 Td (deferred ) Tj ET Q q 0 0 0 rg BT 232.90 401.70 Td (units ) Tj ET Q q 0 0 0 rg BT 251.35 401.70 Td (of ) Tj ET Q q 0 0 0 rg BT 259.85 401.70 Td (the ) Tj ET Q q 0 0 0 rg BT 272.67 401.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 289.55 401.70 Td (. ) Tj ET Q q 0 0 0 rg BT 293.59 401.70 Td (The ) Tj ET Q q 0 0 0 rg BT 309.01 401.70 Td (maximum ) Tj ET Q q 0 0 0 rg BT 344.76 401.70 Td (number ) Tj ET Q q 0 0 0 rg BT 373.17 401.70 Td (of ) Tj ET Q q 0 0 0 rg BT 381.66 401.70 Td (deferred ) Tj ET Q q 0 0 0 rg BT 412.67 401.70 Td (units ) Tj ET Q q 0 0 0 rg BT 431.13 401.70 Td (reserved ) Tj ET Q q 0 0 0 rg BT 463.43 401.70 Td (for ) Tj ET Q q 0 0 0 rg BT 474.52 401.70 Td (issuance ) Tj ET Q q 0 0 0 rg BT 507.26 401.70 Td (under ) Tj ET Q q 0 0 0 rg BT 529.18 401.70 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 390.30 Td (Of) Tj ET Q q 0 0 0 rg BT 80.09 390.30 Td (ficer ) Tj ET Q q 0 0 0 rg BT 96.98 390.30 Td (DUP) Tj ET Q q 0 0 0 rg BT 113.29 390.30 Td ( ) Tj ET Q q 0 0 0 rg BT 115.46 390.30 Td (is ) Tj ET Q q 0 0 0 rg BT 123.25 390.30 Td (1% ) Tj ET Q q 0 0 0 rg BT 136.68 390.30 Td (of ) Tj ET Q q 0 0 0 rg BT 145.35 390.30 Td (total ) Tj ET Q q 0 0 0 rg BT 162.25 390.30 Td (units ) Tj ET Q q 0 0 0 rg BT 180.88 390.30 Td (outstanding. ) Tj ET Q q 0 0 0 rg BT 225.50 390.30 Td (One ) Tj ET Q q 0 0 0 rg BT 242.40 390.30 Td (deferred ) Tj ET Q q 0 0 0 rg BT 273.58 390.30 Td (unit, ) Tj ET Q q 0 0 0 rg BT 290.48 390.30 Td (which ) Tj ET Q q 0 0 0 rg BT 312.56 390.30 Td (vests ) Tj ET Q q 0 0 0 rg BT 332.92 390.30 Td (immediately ) Tj ET Q q 0 0 0 rg BT 376.66 390.30 Td (on ) Tj ET Q q 0 0 0 rg BT 387.49 390.30 Td (the ) Tj ET Q q 0 0 0 rg BT 400.49 390.30 Td (grant ) Tj ET Q q 0 0 0 rg BT 420.42 390.30 Td (date, ) Tj ET Q q 0 0 0 rg BT 439.92 390.30 Td (is ) Tj ET Q q 0 0 0 rg BT 447.71 390.30 Td (equal ) Tj ET Q q 0 0 0 rg BT 468.94 390.30 Td (to ) Tj ET Q q 0 0 0 rg BT 477.61 390.30 Td (one ) Tj ET Q q 0 0 0 rg BT 492.78 390.30 Td (trust ) Tj ET Q q 0 0 0 rg BT 510.10 390.30 Td (unit. ) Tj ET Q q 0 0 0 rg BT 526.57 390.30 Td (Any ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 378.90 Td (units ) Tj ET Q q 0 0 0 rg BT 90.59 378.90 Td (issued ) Tj ET Q q 0 0 0 rg BT 115.23 378.90 Td (under ) Tj ET Q q 0 0 0 rg BT 137.29 378.90 Td (the ) Tj ET Q q 0 0 0 rg BT 150.24 378.90 Td (Of) Tj ET Q q 0 0 0 rg BT 158.34 378.90 Td (ficer ) Tj ET Q q 0 0 0 rg BT 175.19 378.90 Td (DUP) Tj ET Q q 0 0 0 rg BT 191.49 378.90 Td ( ) Tj ET Q q 0 0 0 rg BT 193.62 378.90 Td (result ) Tj ET Q q 0 0 0 rg BT 214.80 378.90 Td (in ) Tj ET Q q 0 0 0 rg BT 222.99 378.90 Td (an ) Tj ET Q q 0 0 0 rg BT 233.78 378.90 Td (equal ) Tj ET Q q 0 0 0 rg BT 254.97 378.90 Td (reduction ) Tj ET Q q 0 0 0 rg BT 289.15 378.90 Td (in ) Tj ET Q q 0 0 0 rg BT 297.34 378.90 Td (the ) Tj ET Q q 0 0 0 rg BT 310.29 378.90 Td (asset ) Tj ET Q q 0 0 0 rg BT 331.05 378.90 Td (management ) Tj ET Q q 0 0 0 rg BT 378.65 378.90 Td (fee ) Tj ET Q q 0 0 0 rg BT 391.61 378.90 Td (payable ) Tj ET Q q 0 0 0 rg BT 421.02 378.90 Td (to ) Tj ET Q q 0 0 0 rg BT 429.65 378.90 Td (Slate ) Tj ET Q q 0 0 0 rg BT 449.53 378.90 Td (Management ) Tj ET Q q 0 0 0 rg BT 497.14 378.90 Td (Corporation, ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 367.50 Td (based ) Tj ET Q q 0 0 0 rg BT 95.39 367.50 Td (on ) Tj ET Q q 0 0 0 rg BT 106.22 367.50 Td (the ) Tj ET Q q 0 0 0 rg BT 119.22 367.50 Td (trading ) Tj ET Q q 0 0 0 rg BT 145.21 367.50 Td (price ) Tj ET Q q 0 0 0 rg BT 164.26 367.50 Td (of ) Tj ET Q q 0 0 0 rg BT 172.93 367.50 Td (units ) Tj ET Q q 0 0 0 rg BT 191.55 367.50 Td (on ) Tj ET Q q 0 0 0 rg BT 202.38 367.50 Td (the ) Tj ET Q q 0 0 0 rg BT 215.38 367.50 Td (day ) Tj ET Q q 0 0 0 rg BT 230.11 367.50 Td (of ) Tj ET Q q 0 0 0 rg BT 238.77 367.50 Td (issuance. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 350.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.58 350.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 118.76 350.10 Td (units ) Tj ET Q q 0 0 0 rg BT 137.38 350.10 Td (may ) Tj ET Q q 0 0 0 rg BT 154.26 350.10 Td (be ) Tj ET Q q 0 0 0 rg BT 165.08 350.10 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 202.32 350.10 Td (by ) Tj ET Q q 0 0 0 rg BT 212.71 350.10 Td (a ) Tj ET Q q 0 0 0 rg BT 219.20 350.10 Td (participant ) Tj ET Q q 0 0 0 rg BT 257.31 350.10 Td (after ) Tj ET Q q 0 0 0 rg BT 275.06 350.10 Td (two ) Tj ET Q q 0 0 0 rg BT 289.34 350.10 Td (years ) Tj ET Q q 0 0 0 rg BT 310.55 350.10 Td (following ) Tj ET Q q 0 0 0 rg BT 343.02 350.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.02 350.10 Td (date ) Tj ET Q q 0 0 0 rg BT 373.34 350.10 Td (the ) Tj ET Q q 0 0 0 rg BT 386.33 350.10 Td (units ) Tj ET Q q 0 0 0 rg BT 404.95 350.10 Td (were ) Tj ET Q q 0 0 0 rg BT 423.99 350.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 448.67 350.10 Td (in ) Tj ET Q q 0 0 0 rg BT 456.90 350.10 Td (whole ) Tj ET Q q 0 0 0 rg BT 479.41 350.10 Td (or ) Tj ET Q q 0 0 0 rg BT 488.49 350.10 Td (in ) Tj ET Q q 0 0 0 rg BT 496.71 350.10 Td (part ) Tj ET Q q 0 0 0 rg BT 512.30 350.10 Td (for ) Tj ET Q q 0 0 0 rg BT 523.55 350.10 Td (cash ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 338.70 Td (or ) Tj ET Q q 0 0 0 rg BT 80.85 338.70 Td (trust ) Tj ET Q q 0 0 0 rg BT 97.93 338.70 Td (units. ) Tj ET Q q 0 0 0 rg BT 118.35 338.70 Td (The ) Tj ET Q q 0 0 0 rg BT 133.70 338.70 Td (value ) Tj ET Q q 0 0 0 rg BT 154.25 338.70 Td (of ) Tj ET Q q 0 0 0 rg BT 162.67 338.70 Td (the ) Tj ET Q q 0 0 0 rg BT 175.42 338.70 Td (deferred ) Tj ET Q q 0 0 0 rg BT 206.36 338.70 Td (units ) Tj ET Q q 0 0 0 rg BT 224.74 338.70 Td (when ) Tj ET Q q 0 0 0 rg BT 245.28 338.70 Td (converted ) Tj ET Q q 0 0 0 rg BT 281.42 338.70 Td (to ) Tj ET Q q 0 0 0 rg BT 289.84 338.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 308.22 338.70 Td (will ) Tj ET Q q 0 0 0 rg BT 320.96 338.70 Td (be ) Tj ET Q q 0 0 0 rg BT 331.55 338.70 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 368.99 338.70 Td (to ) Tj ET Q q 0 0 0 rg BT 377.41 338.70 Td (the ) Tj ET Q q 0 0 0 rg BT 390.16 338.70 Td (market ) Tj ET Q q 0 0 0 rg BT 415.90 338.70 Td (value ) Tj ET Q q 0 0 0 rg BT 436.44 338.70 Td (of ) Tj ET Q q 0 0 0 rg BT 444.86 338.70 Td (trust ) Tj ET Q q 0 0 0 rg BT 461.94 338.70 Td (units ) Tj ET Q q 0 0 0 rg BT 480.32 338.70 Td (on ) Tj ET Q q 0 0 0 rg BT 490.91 338.70 Td (the ) Tj ET Q q 0 0 0 rg BT 503.66 338.70 Td (date ) Tj ET Q q 0 0 0 rg BT 520.75 338.70 Td (of ) Tj ET Q q 0 0 0 rg BT 529.17 338.70 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 327.30 Td (redemption ) Tj ET Q q 0 0 0 rg BT 113.14 327.30 Td (request. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 309.90 Td (If ) Tj ET Q q 0 0 0 rg BT 78.50 309.90 Td (a ) Tj ET Q q 0 0 0 rg BT 85.00 309.90 Td (participant ) Tj ET Q q 0 0 0 rg BT 123.11 309.90 Td (ceases ) Tj ET Q q 0 0 0 rg BT 149.96 309.90 Td (to ) Tj ET Q q 0 0 0 rg BT 158.63 309.90 Td (be ) Tj ET Q q 0 0 0 rg BT 169.46 309.90 Td (an ) Tj ET Q q 0 0 0 rg BT 180.29 309.90 Td (of) Tj ET Q q 0 0 0 rg BT 186.66 309.90 Td (ficer ) Tj ET Q q 0 0 0 rg BT 203.54 309.90 Td (of ) Tj ET Q q 0 0 0 rg BT 212.21 309.90 Td (the ) Tj ET Q q 0 0 0 rg BT 225.21 309.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 242.09 309.90 Td (, ) Tj ET Q q 0 0 0 rg BT 246.42 309.90 Td (the ) Tj ET Q q 0 0 0 rg BT 259.42 309.90 Td (deferred ) Tj ET Q q 0 0 0 rg BT 290.60 309.90 Td (units ) Tj ET Q q 0 0 0 rg BT 309.23 309.90 Td (must ) Tj ET Q q 0 0 0 rg BT 328.28 309.90 Td (be ) Tj ET Q q 0 0 0 rg BT 339.11 309.90 Td (redeemed ) Tj ET Q q 0 0 0 rg BT 376.35 309.90 Td (no ) Tj ET Q q 0 0 0 rg BT 387.19 309.90 Td (later ) Tj ET Q q 0 0 0 rg BT 404.51 309.90 Td (than ) Tj ET Q q 0 0 0 rg BT 421.84 309.90 Td (two ) Tj ET Q q 0 0 0 rg BT 436.13 309.90 Td (years ) Tj ET Q q 0 0 0 rg BT 457.34 309.90 Td (following ) Tj ET Q q 0 0 0 rg BT 489.82 309.90 Td (that ) Tj ET Q q 0 0 0 rg BT 504.98 309.90 Td (date.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 292.50 Td (At ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 80.94 292.50 Td (March31, ) Tj ET Q q 0 0 0 rg BT 117.15 292.50 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 134.48 292.50 Td (, ) Tj ET Q q 0 0 0 rg BT 138.23 292.50 Td (the ) Tj ET Q q 0 0 0 rg BT 150.63 292.50 Td (liability ) Tj ET Q q 0 0 0 rg BT 175.59 292.50 Td (associated ) Tj ET Q q 0 0 0 rg BT 214.41 292.50 Td (with ) Tj ET Q q 0 0 0 rg BT 229.84 292.50 Td (deferred ) Tj ET Q q 0 0 0 rg BT 260.43 292.50 Td (units ) Tj ET Q q 0 0 0 rg BT 278.46 292.50 Td (issued ) Tj ET Q q 0 0 0 rg BT 302.56 292.50 Td (under ) Tj ET Q q 0 0 0 rg BT 324.06 292.50 Td (the ) Tj ET Q q 0 0 0 rg BT 336.47 292.50 Td (Of) Tj ET Q q 0 0 0 rg BT 344.56 292.50 Td (ficer ) Tj ET Q q 0 0 0 rg BT 360.85 292.50 Td (DUP) Tj ET Q q 0 0 0 rg BT 377.16 292.50 Td ( ) Tj ET Q q 0 0 0 rg BT 378.74 292.50 Td (was ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 394.16 292.50 Td ($0.1 ) Tj ET Q q 0 0 0 rg BT 410.90 292.50 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 432.98 292.50 Td ( ) Tj ET Q q 0 0 0 rg BT 434.55 292.50 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 437.15 292.50 Td (March31, ) Tj ET Q q 0 0 0 rg BT 473.36 292.50 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 490.69 292.50 Td ( ) Tj ET Q q 0 0 0 rg BT 492.27 292.50 Td (- ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.44 292.50 Td ($0.1 ) Tj ET Q q 0 0 0 rg BT 513.18 292.50 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.25 292.50 Td (\), ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 281.10 Td (and ) Tj ET Q q 0 0 0 rg BT 87.16 281.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.16 281.10 Td (number ) Tj ET Q q 0 0 0 rg BT 128.74 281.10 Td (of ) Tj ET Q q 0 0 0 rg BT 137.41 281.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 168.59 281.10 Td (units ) Tj ET Q q 0 0 0 rg BT 187.21 281.10 Td (was ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 203.23 281.10 Td (8,664) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 222.73 281.10 Td ( ) Tj ET Q q 0 0 0 rg BT 224.90 281.10 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 227.49 281.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 264.30 281.10 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 281.63 281.10 Td ( ) Tj ET Q q 0 0 0 rg BT 283.79 281.10 Td (- ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 288.55 281.10 Td (7,896) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 308.05 281.10 Td (\).) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 263.70 Td (The change in DUP) Tj ET Q q 0 0 0 rg BT 139.85 263.70 Td ( units during the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 197.46 263.70 Td (three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 323.07 263.70 Td ( and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 340.40 263.70 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.73 263.70 Td ( is as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 253.20000000000005 m 193.5 253.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 253.20000000000005 m 220.5 253.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 253.20000000000005 m 300.5 253.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 239.20000000000005 m 300.5 239.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 253.20000000000005 m 380.5 253.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 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169.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 155.20000000000005 m 193.5 155.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 193.5 169.20000000000005 m 220.5 169.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 155.20000000000005 m 220.5 155.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 169.20000000000005 m 300.5 169.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 155.20000000000005 m 300.5 155.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 169.20000000000005 m 380.5 169.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 155.20000000000005 m 380.5 155.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 169.20000000000005 m 460.5 169.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 155.20000000000005 m 460.5 155.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 169.20000000000005 m 540.5 169.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 155.20000000000005 m 540.5 155.20000000000005 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 242.75 243.73 Td (Three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 408.75 243.73 Td (Three months ended March 31, 2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 197.80 229.73 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 277.50 229.73 Td (Units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 347.55 229.73 Td (Amount) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 439.25 229.73 Td (Units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 510.15 229.73 Td (Amount) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 215.73 Td (Balance, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 273.55 215.73 Td (60,300) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 303.00 215.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 364.40 215.73 Td (491) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 433.55 215.73 Td (49,859) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 215.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 215.73 Td (395) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 201.73 Td (Issued) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 273.55 201.73 Td (1) Tj ET Q q 0 0 0 rg BT 277.88 201.73 Td (1,665) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 368.70 201.73 Td (89) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 437.90 201.73 Td (6,515) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.70 201.73 Td (53) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 187.73 Td (Reinvested distributions) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 277.90 187.73 Td (1,441) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 368.70 187.73 Td (1) Tj ET Q q 0 0 0 rg BT 373.03 187.73 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 437.90 187.73 Td (1,192) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 533.05 187.73 Td (9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 173.73 Td (Fair value adjustment) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 289.60 173.73 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 366.10 173.78 Td (\(32) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 377.40 173.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 173.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 533.05 173.73 Td (7) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 159.73 Td (Balance, end of period) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 202.15 159.68 Td (1) Tj ET Q q 0 0 0 rg BT 206.48 159.68 Td (1) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 273.55 159.73 Td (73,406) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 303.00 159.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 364.40 159.73 Td (559) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 433.55 159.73 Td (57,566) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 159.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 159.73 Td (464) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 19) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (W) Tj ET Q q 0 0 0 rg BT 79.18 695.10 Td (eighted ) Tj ET Q q 0 0 0 rg BT 106.91 695.10 Td (average ) Tj ET Q q 0 0 0 rg BT 137.23 695.10 Td (units ) Tj ET Q q 0 0 0 rg BT 155.85 695.10 Td (outstanding) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 677.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.68 677.10 Td (following ) Tj ET Q q 0 0 0 rg BT 120.25 677.10 Td (is ) Tj ET Q q 0 0 0 rg BT 128.14 677.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.23 677.10 Td (weighted ) Tj ET Q q 0 0 0 rg BT 174.67 677.10 Td (average ) Tj ET Q q 0 0 0 rg BT 205.08 677.10 Td (number ) Tj ET Q q 0 0 0 rg BT 233.75 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 242.51 677.10 Td (units ) Tj ET Q q 0 0 0 rg BT 261.22 677.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 303.77 677.10 Td (during ) Tj ET Q q 0 0 0 rg BT 327.68 677.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 340.77 677.10 Td (three ) Tj ET Q q 0 0 0 rg BT 360.79 677.10 Td (months ) Tj ET Q q 0 0 0 rg BT 388.59 677.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 412.52 677.10 Td (March ) Tj ET Q q 0 0 0 rg BT 436.42 677.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 449.51 677.10 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.84 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 469.10 677.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.09 677.10 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 484.70 677.10 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 502.03 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 504.29 677.10 Td (on ) Tj ET Q q 0 0 0 rg BT 515.21 677.10 Td (a ) Tj ET Q q 0 0 0 rg BT 521.80 677.10 Td (basic ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 665.70 Td (and ) Tj ET Q q 0 0 0 rg BT 87.05 665.70 Td (diluted ) Tj ET Q q 0 0 0 rg BT 112.05 665.70 Td (basis. ) Tj ET Q q 0 0 0 rg BT 134.33 665.70 Td (The ) Tj ET Q q 0 0 0 rg BT 149.80 665.70 Td (diluted ) Tj ET Q q 0 0 0 rg BT 174.81 665.70 Td (weighted ) Tj ET Q q 0 0 0 rg BT 208.04 665.70 Td (average ) Tj ET Q q 0 0 0 rg BT 238.24 665.70 Td (trust ) Tj ET Q q 0 0 0 rg BT 255.45 665.70 Td (units ) Tj ET Q q 0 0 0 rg BT 273.96 665.70 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 316.29 665.70 Td (is ) Tj ET Q q 0 0 0 rg BT 323.97 665.70 Td (determined ) Tj ET Q q 0 0 0 rg BT 364.99 665.70 Td (as ) Tj ET Q q 0 0 0 rg BT 375.27 665.70 Td (if ) Tj ET Q q 0 0 0 rg BT 381.22 665.70 Td (all ) Tj ET Q q 0 0 0 rg BT 391.06 665.70 Td (of ) Tj ET Q q 0 0 0 rg BT 399.61 665.70 Td (the ) Tj ET Q q 0 0 0 rg BT 412.49 665.70 Td (Class ) Tj ET Q q 0 0 0 rg BT 434.02 665.70 Td (B ) Tj ET Q q 0 0 0 rg BT 441.26 665.70 Td (LP) Tj ET Q q 0 0 0 rg BT 450.66 665.70 Td ( ) Tj ET Q q 0 0 0 rg BT 452.70 665.70 Td (units ) Tj ET Q q 0 0 0 rg BT 471.21 665.70 Td (and ) Tj ET Q q 0 0 0 rg BT 486.26 665.70 Td (DUP) Tj ET Q q 0 0 0 rg BT 502.56 665.70 Td ( ) Tj ET Q q 0 0 0 rg BT 504.61 665.70 Td (units ) Tj ET Q q 0 0 0 rg BT 523.12 665.70 Td (have ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 654.30 Td (been ) Tj ET Q q 0 0 0 rg BT 91.50 654.30 Td (converted ) Tj ET Q q 0 0 0 rg BT 127.88 654.30 Td (to ) Tj ET Q q 0 0 0 rg BT 136.54 654.30 Td (units ) Tj ET Q q 0 0 0 rg BT 155.17 654.30 Td (of ) Tj ET Q q 0 0 0 rg BT 163.83 654.30 Td (the ) Tj ET Q q 0 0 0 rg BT 176.83 654.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 193.71 654.30 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 643.8 m 359.5 643.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 629.8 m 359.5 629.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 643.8 m 448.5 643.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 629.8 m 448.5 629.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 643.8 m 539.5 643.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 629.8 m 539.5 629.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 587.8 m 359.5 587.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 587.8 m 448.5 587.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 587.8 m 539.5 587.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 573.8 m 359.5 573.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 573.8 m 448.5 573.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 573.8 m 539.5 573.8 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 389.55 634.33 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 481.85 634.33 Td (March 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 620.38 Td (Basic weighted average units outstanding) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 406.40 620.33 Td (57,527,504) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 497.40 620.33 Td (40,765,560) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 606.38 Td (Impact of Class B LP) Tj ET Q q 0 0 0 rg BT 146.68 606.38 Td ( units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 410.70 606.33 Td (5,285,160) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 501.70 606.33 Td (5,285,160) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 592.38 Td (Deferred units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 421.55 592.33 Td (61,016) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 592.33 Td (50,449) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 74.00 578.33 Td (Diluted weighted average units outstanding) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 406.40 578.33 Td (62,873,680) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 497.40 578.33 Td (46,101,169) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 550.90 Td (16. ) Tj ET Q q 0 0 0 rg BT 85.00 550.90 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 550.90 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 550.90 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 550.90 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 550.90 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 550.90 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 550.90 Td (Distributions) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 533.50 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 104.82 533.50 Td (to ) Tj ET Q q 0 0 0 rg BT 112.96 533.50 Td (the ) Tj ET Q q 0 0 0 rg BT 125.43 533.50 Td (Declaration ) Tj ET Q q 0 0 0 rg BT 166.46 533.50 Td (of ) Tj ET Q q 0 0 0 rg BT 174.50 533.50 Td (T) Tj ET Q q 0 0 0 rg BT 178.98 533.50 Td (rust, ) Tj ET Q q 0 0 0 rg BT 195.77 533.50 Td (the ) Tj ET Q q 0 0 0 rg BT 208.24 533.50 Td (income ) Tj ET Q q 0 0 0 rg BT 234.99 533.50 Td (of ) Tj ET Q q 0 0 0 rg BT 243.13 533.50 Td (the ) Tj ET Q q 0 0 0 rg BT 255.60 533.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 273.21 533.50 Td ( ) Tj ET Q q 0 0 0 rg BT 274.84 533.50 Td (is ) Tj ET Q q 0 0 0 rg BT 282.11 533.50 Td (distributed ) Tj ET Q q 0 0 0 rg BT 319.69 533.50 Td (on ) Tj ET Q q 0 0 0 rg BT 329.99 533.50 Td (dates ) Tj ET Q q 0 0 0 rg BT 350.69 533.50 Td (and ) Tj ET Q q 0 0 0 rg BT 365.33 533.50 Td (in ) Tj ET Q q 0 0 0 rg BT 373.03 533.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 404.55 533.50 Td (as ) Tj ET Q q 0 0 0 rg BT 414.42 533.50 Td (determined ) Tj ET Q q 0 0 0 rg BT 455.03 533.50 Td (by ) Tj ET Q q 0 0 0 rg BT 464.90 533.50 Td (the ) Tj ET Q q 0 0 0 rg BT 477.36 533.50 Td (Board ) Tj ET Q q 0 0 0 rg BT 499.79 533.50 Td (of ) Tj ET Q q 0 0 0 rg BT 507.82 533.50 Td (T) Tj ET Q q 0 0 0 rg BT 512.30 533.50 Td (rustees. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 522.10 Td (During ) Tj ET Q q 0 0 0 rg BT 97.11 522.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 110.11 522.10 Td (three ) Tj ET Q q 0 0 0 rg BT 130.03 522.10 Td (months ) Tj ET Q q 0 0 0 rg BT 157.75 522.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 181.58 522.10 Td (March ) Tj ET Q q 0 0 0 rg BT 205.39 522.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 218.39 522.10 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 235.72 522.10 Td (, ) Tj ET Q q 0 0 0 rg BT 240.05 522.10 Td (the ) Tj ET Q q 0 0 0 rg BT 253.05 522.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 270.66 522.10 Td ( ) Tj ET Q q 0 0 0 rg BT 272.82 522.10 Td (declared ) Tj ET Q q 0 0 0 rg BT 304.87 522.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 348.61 522.10 Td (each ) Tj ET Q q 0 0 0 rg BT 367.67 522.10 Td (month ) Tj ET Q q 0 0 0 rg BT 391.49 522.10 Td (of ) Tj ET Q q 0 0 0 rg BT 400.16 522.10 Td ($0.0625 ) Tj ET Q q 0 0 0 rg BT 430.49 522.10 Td (per ) Tj ET Q q 0 0 0 rg BT 443.91 522.10 Td (unit. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 504.70 Td (The following table summarizes the distributions during the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 276.84 504.70 Td (three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 402.45 504.70 Td ( and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 419.78 504.70 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 437.11 504.70 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 494.2 m 252.5 494.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 494.2 m 324.5 494.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 480.2 m 324.5 480.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 494.2 m 396.5 494.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 494.2 m 468.5 494.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 480.2 m 468.5 480.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 494.2 m 540.5 494.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 468.5 480.2 m 540.5 480.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 466.2 m 252.5 466.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 480.2 m 324.5 480.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 466.2 m 324.5 466.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 324.5 480.2 m 396.5 480.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 324.5 466.2 m 396.5 466.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 480.2 m 468.5 480.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 466.2 m 468.5 466.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 468.5 480.2 m 540.5 480.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 468.5 466.2 m 540.5 466.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 466.2 m 468.5 466.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 468.5 466.2 m 540.5 466.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 424.2 m 324.5 424.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 324.5 424.2 m 396.5 424.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 424.2 m 468.5 424.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 468.5 424.2 m 540.5 424.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 424.2 m 252.5 424.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 410.2 m 252.5 410.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 424.2 m 324.5 424.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 410.2 m 324.5 410.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 324.5 424.2 m 396.5 424.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 410.2 m 396.5 410.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 424.2 m 468.5 424.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 410.2 m 468.5 410.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 468.5 424.2 m 540.5 424.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 410.2 m 540.5 410.2 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 296.25 484.73 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 440.90 484.73 Td (March 31, 2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 281.15 470.73 Td (T) Tj ET Q q 0 0 0 rg BT 285.70 470.73 Td (rust units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 331.65 470.73 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 372.21 470.73 Td ( units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.90 470.73 Td (T) Tj ET Q q 0 0 0 rg BT 433.52 470.73 Td (rust units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 479.95 470.73 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 518.35 470.73 Td ( units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 456.73 Td (Distributions declared during the period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 255.00 456.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 297.55 456.73 Td (1) Tj ET Q q 0 0 0 rg BT 301.88 456.73 Td (1,478) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 327.00 456.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 380.40 456.73 Td (991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.00 456.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 445.90 456.73 Td (7,645) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 471.00 456.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 456.73 Td (991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 442.73 Td (Add: Distributions payable, beginning of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 301.90 442.73 Td (3,559) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 380.40 442.73 Td (330) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 445.90 442.73 Td (2,545) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 442.73 Td (330) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 428.73 Td (Less: Distributions payable, end of period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 299.30 428.73 Td (\(4,359) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 321.40 428.73 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 377.80 428.73 Td (\(330) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 393.40 428.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 443.30 428.73 Td (\(2,549) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 465.40 428.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 428.73 Td (\(330) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 428.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 414.73 Td (Distributions paid or settled during the period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 255.00 414.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 297.55 414.73 Td (10,678) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 327.00 414.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 380.40 414.73 Td (991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.00 414.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 445.90 414.73 Td (7,641) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 471.00 414.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 414.73 Td (991) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 393.30 Td (Distributions during the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 153.85 393.30 Td (three months ended March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 279.46 393.30 Td ( and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 296.79 393.30 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 314.12 393.30 Td ( were paid or settled as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 382.8 m 217.5 382.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 382.8 m 251.5 382.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 382.8 m 323.5 382.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 251.5 367.8 m 323.5 367.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 382.8 m 395.5 382.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 382.8 m 467.5 382.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 395.5 367.8 m 467.5 367.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 382.8 m 539.5 382.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 367.8 m 539.5 367.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 352.8 m 217.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 217.5 352.8 m 251.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 251.5 367.8 m 323.5 367.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 251.5 352.8 m 323.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 323.5 367.8 m 395.5 367.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 323.5 352.8 m 395.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 395.5 367.8 m 467.5 367.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 395.5 352.8 m 467.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 367.8 m 539.5 367.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 352.8 m 539.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 352.8 m 217.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 217.5 352.8 m 251.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 251.5 352.8 m 323.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 323.5 352.8 m 395.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 395.5 352.8 m 467.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 352.8 m 539.5 352.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 322.8 m 217.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 217.5 322.8 m 251.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 251.5 322.8 m 323.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 323.5 322.8 m 395.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 395.5 322.8 m 467.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 322.8 m 539.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 307.8 m 217.5 307.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 217.5 307.8 m 251.5 307.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 251.5 322.8 m 323.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 251.5 307.8 m 323.5 307.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 323.5 322.8 m 395.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 323.5 307.8 m 395.5 307.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 395.5 322.8 m 467.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 395.5 307.8 m 467.5 307.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 322.8 m 539.5 322.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 307.8 m 539.5 307.8 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 295.25 372.33 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 439.90 372.33 Td (March 31, 2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 225.30 357.33 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 280.15 357.33 Td (T) Tj ET Q q 0 0 0 rg BT 284.48 357.33 Td (rust units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 330.65 357.33 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 371.21 357.33 Td ( units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 427.90 357.33 Td (T) Tj ET Q q 0 0 0 rg BT 432.38 357.33 Td (rust units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 478.95 357.33 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 517.35 357.33 Td ( units) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 342.33 Td (Paid in cash) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 254.00 342.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 296.55 342.33 Td (10,432) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 326.00 342.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 378.65 342.33 Td (991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 398.00 342.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 444.90 342.33 Td (7,345) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 470.00 342.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 522.65 342.33 Td (991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 327.33 Td (Reinvested in units) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 229.65 327.28 Td (15) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 307.40 327.33 Td (246) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 381.65 327.48 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 451.40 327.33 Td (296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 327.47 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 254.00 312.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 296.55 312.33 Td (10,678) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 326.00 312.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 378.65 312.33 Td (991) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 398.00 312.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 444.90 312.33 Td (7,641) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 470.00 312.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 522.65 312.33 Td (991) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 290.90 Td (The ) Tj ET Q q 0 0 0 rg BT 86.95 290.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 104.56 290.90 Td ( ) Tj ET Q q 0 0 0 rg BT 106.09 290.90 Td (has ) Tj ET Q q 0 0 0 rg BT 120.18 290.90 Td (a ) Tj ET Q q 0 0 0 rg BT 126.05 290.90 Td (distribution ) Tj ET Q q 0 0 0 rg BT 165.25 290.90 Td (reinvestment ) Tj ET Q q 0 0 0 rg BT 211.38 290.90 Td (program ) Tj ET Q q 0 0 0 rg BT 241.92 290.90 Td (\("DRIP"\) ) Tj ET Q q 0 0 0 rg BT 272.77 290.90 Td (where ) Tj ET Q q 0 0 0 rg BT 295.52 290.90 Td (unitholders, ) Tj ET Q q 0 0 0 rg BT 337.32 290.90 Td (including ) Tj ET Q q 0 0 0 rg BT 369.60 290.90 Td (holders ) Tj ET Q q 0 0 0 rg BT 396.68 290.90 Td (of ) Tj ET Q q 0 0 0 rg BT 404.71 290.90 Td (Class ) Tj ET Q q 0 0 0 rg BT 425.72 290.90 Td (B ) Tj ET Q q 0 0 0 rg BT 432.45 290.90 Td (LP) Tj ET Q q 0 0 0 rg BT 441.84 290.90 Td ( ) Tj ET Q q 0 0 0 rg BT 443.37 290.90 Td (units, ) Tj ET Q q 0 0 0 rg BT 463.52 290.90 Td (that ) Tj ET Q q 0 0 0 rg BT 478.05 290.90 Td (elect ) Tj ET Q q 0 0 0 rg BT 496.04 290.90 Td (to ) Tj ET Q q 0 0 0 rg BT 504.07 290.90 Td (participate ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 279.50 Td (in ) Tj ET Q q 0 0 0 rg BT 80.46 279.50 Td (the ) Tj ET Q q 0 0 0 rg BT 93.69 279.50 Td (DRIP) Tj ET Q q 0 0 0 rg BT 112.17 279.50 Td ( ) Tj ET Q q 0 0 0 rg BT 114.56 279.50 Td (will ) Tj ET Q q 0 0 0 rg BT 127.78 279.50 Td (have ) Tj ET Q q 0 0 0 rg BT 147.07 279.50 Td (their ) Tj ET Q q 0 0 0 rg BT 164.63 279.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 183.48 279.50 Td (distributions ) Tj ET Q q 0 0 0 rg BT 227.46 279.50 Td (used ) Tj ET Q q 0 0 0 rg BT 246.75 279.50 Td (to ) Tj ET Q q 0 0 0 rg BT 255.65 279.50 Td (purchase ) Tj ET Q q 0 0 0 rg BT 290.10 279.50 Td (trust ) Tj ET Q q 0 0 0 rg BT 307.65 279.50 Td (units ) Tj ET Q q 0 0 0 rg BT 326.51 279.50 Td (of ) Tj ET Q q 0 0 0 rg BT 335.41 279.50 Td (the ) Tj ET Q q 0 0 0 rg BT 348.64 279.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 365.52 279.50 Td (. ) Tj ET Q q 0 0 0 rg BT 370.08 279.50 Td ( ) Tj ET Q q 0 0 0 rg BT 372.48 279.50 Td (During ) Tj ET Q q 0 0 0 rg BT 397.83 279.50 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 411.06 279.50 Td (three ) Tj ET Q q 0 0 0 rg BT 431.21 279.50 Td (months ) Tj ET Q q 0 0 0 rg BT 459.16 279.50 Td (ended ) Tj ET Q q 0 0 0 rg BT 483.23 279.50 Td (March ) Tj ET Q q 0 0 0 rg BT 507.27 279.50 Td (31, ) Tj ET Q q 0 0 0 rg BT 520.50 279.50 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.83 279.50 Td (, ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 268.10 Td (the ) Tj ET Q q 0 0 0 rg BT 85.00 268.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 102.61 268.10 Td ( ) Tj ET Q q 0 0 0 rg BT 104.77 268.10 Td (declared ) Tj ET Q q 0 0 0 rg BT 136.82 268.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 180.56 268.10 Td (resulting ) Tj ET Q q 0 0 0 rg BT 212.18 268.10 Td (in ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 220.41 268.10 Td (31,204) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 244.23 268.10 Td ( ) Tj ET Q q 0 0 0 rg BT 246.40 268.10 Td (units ) Tj ET Q q 0 0 0 rg BT 265.03 268.10 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 267.62 268.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 304.43 268.10 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 321.76 268.10 Td ( ) Tj ET Q q 0 0 0 rg BT 323.93 268.10 Td (- ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 328.69 268.10 Td (36,747) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 352.51 268.10 Td ( ) Tj ET Q q 0 0 0 rg BT 354.68 268.10 Td (units\) ) Tj ET Q q 0 0 0 rg BT 375.90 268.10 Td (issued/issuable ) Tj ET Q q 0 0 0 rg BT 431.34 268.10 Td (under ) Tj ET Q q 0 0 0 rg BT 453.43 268.10 Td (the ) Tj ET Q q 0 0 0 rg BT 466.42 268.10 Td (DRIP) Tj ET Q q 0 0 0 rg BT 484.03 268.10 Td (. ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 250.70 Td (17. ) Tj ET Q q 0 0 0 rg BT 85.00 250.70 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 250.70 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 250.70 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 250.70 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 250.70 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 250.70 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 250.70 Td (Rental ) Tj ET Q q 0 0 0 rg BT 123.97 250.70 Td (revenue) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 233.30 Td (Rental revenue is comprised of the following: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 222.79999999999995 m 388.5 222.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 222.79999999999995 m 464.5 222.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.5 222.79999999999995 m 540.5 222.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 194.79999999999995 m 388.5 194.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 194.79999999999995 m 464.5 194.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 464.5 194.79999999999995 m 540.5 194.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 194.79999999999995 m 388.5 194.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 194.79999999999995 m 464.5 194.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 464.5 194.79999999999995 m 540.5 194.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 124.79999999999995 m 388.5 124.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 124.79999999999995 m 464.5 124.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 110.79999999999995 m 388.5 110.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 124.79999999999995 m 464.5 124.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 110.79999999999995 m 464.5 110.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 464.5 124.79999999999995 m 540.5 124.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.5 110.79999999999995 m 540.5 110.79999999999995 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.25 213.33 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 443.65 199.33 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 519.65 199.33 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 185.33 Td (Property base rent) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 139.09 187.76 Td (\(1\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 391.00 185.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.55 185.33 Td (22,214) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.00 185.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 185.33 Td (16,570) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 171.33 Td (Operating cost recoveries) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.55 171.33 Td (14,076) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 171.33 Td (9,706) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 157.33 Td (T) Tj ET Q q 0 0 0 rg BT 79.33 157.33 Td (ax recoveries) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.90 157.33 Td (5,930) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 157.33 Td (4,080) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 143.33 Td (Hotel) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.90 143.33 Td (1,953) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 143.33 Td (1,512) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 129.33 Td (Straight-line rent and other changes) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.40 129.33 Td (1) Tj ET Q q 0 0 0 rg BT 452.73 129.33 Td (16) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 129.33 Td (450) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 391.00 115.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.55 115.33 Td (44,289) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.00 115.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 115.33 Td (32,318) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 102.30 Td (\(1\) Includes parking revenue earned at properties.) Tj ET Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 20) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (The REIT) Tj ET Q q 0 0 0 rg BT 105.20 695.10 Td ( has contracted to receive the following future minimum lease payments under non-cancellable operating leases: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 684.6 m 388.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 670.6 m 388.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 684.6 m 464.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 670.6 m 464.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.5 684.6 m 540.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 464.5 670.6 m 540.5 670.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 628.6 m 388.5 628.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 628.6 m 464.5 628.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 464.5 628.6 m 540.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 614.6 m 388.5 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 614.6 m 464.5 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.5 614.6 m 540.5 614.6 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 405.55 675.13 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 675.13 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 661.13 Td (Not later than one year) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 391.00 661.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.20 661.13 Td (104,430) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.00 661.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 661.13 Td (79,761) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 647.13 Td (Later than one year and not later than five years) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.20 647.13 Td (331,943) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 647.13 Td (243,153) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 633.13 Td (Later than five years) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.20 633.13 Td (240,997) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 633.13 Td (180,741) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 391.00 619.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.20 619.13 Td (677,370) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.00 619.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 619.13 Td (503,655) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 597.70 Td (Future ) Tj ET Q q 0 0 0 rg BT 97.03 597.70 Td (minimum ) Tj ET Q q 0 0 0 rg BT 131.14 597.70 Td (lease ) Tj ET Q q 0 0 0 rg BT 152.28 597.70 Td (payments ) Tj ET Q q 0 0 0 rg BT 188.57 597.70 Td (for ) Tj ET Q q 0 0 0 rg BT 200.18 597.70 Td (the ) Tj ET Q q 0 0 0 rg BT 213.52 597.70 Td (Data ) Tj ET Q q 0 0 0 rg BT 232.49 597.70 Td (Centre ) Tj ET Q q 0 0 0 rg BT 258.38 597.70 Td (are ) Tj ET Q q 0 0 0 rg BT 272.15 597.70 Td (excluded ) Tj ET Q q 0 0 0 rg BT 305.85 597.70 Td (from ) Tj ET Q q 0 0 0 rg BT 323.95 597.70 Td (the ) Tj ET Q q 0 0 0 rg BT 337.29 597.70 Td (above ) Tj ET Q q 0 0 0 rg BT 361.03 597.70 Td (as ) Tj ET Q q 0 0 0 rg BT 371.78 597.70 Td (the ) Tj ET Q q 0 0 0 rg BT 385.12 597.70 Td (lease ) Tj ET Q q 0 0 0 rg BT 406.26 597.70 Td (is ) Tj ET Q q 0 0 0 rg BT 414.40 597.70 Td (classified ) Tj ET Q q 0 0 0 rg BT 448.96 597.70 Td (as ) Tj ET Q q 0 0 0 rg BT 459.70 597.70 Td (a ) Tj ET Q q 0 0 0 rg BT 466.55 597.70 Td (finance ) Tj ET Q q 0 0 0 rg BT 494.19 597.70 Td (lease. ) Tj ET Q q 0 0 0 rg BT 517.49 597.70 Td (Future ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 586.30 Td (minimum ) Tj ET Q q 0 0 0 rg BT 105.76 586.30 Td (lease ) Tj ET Q q 0 0 0 rg BT 126.55 586.30 Td (payments ) Tj ET Q q 0 0 0 rg BT 162.50 586.30 Td (for ) Tj ET Q q 0 0 0 rg BT 173.76 586.30 Td (the ) Tj ET Q q 0 0 0 rg BT 186.76 586.30 Td (Data ) Tj ET Q q 0 0 0 rg BT 205.38 586.30 Td (Centre ) Tj ET Q q 0 0 0 rg BT 230.92 586.30 Td (are ) Tj ET Q q 0 0 0 rg BT 244.35 586.30 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 278.99 586.30 Td (in ) Tj ET Q q 0 0 0 rg BT 287.22 586.30 Td (note ) Tj ET Q q 0 0 0 rg BT 304.55 586.30 Td (7. ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 568.90 Td (18. ) Tj ET Q q 0 0 0 rg BT 85.00 568.90 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 568.90 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 568.90 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 568.90 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 568.90 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 568.90 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 568.90 Td (General ) Tj ET Q q 0 0 0 rg BT 129.18 568.90 Td (and ) Tj ET Q q 0 0 0 rg BT 145.20 568.90 Td (administrative) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 551.50 Td (General and administrative expenses are comprised of the following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 541 m 353.5 541 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 541 m 379.5 541 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 541 m 463.5 541 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 541 m 540.5 541 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 513 m 353.5 513 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 513 m 379.5 513 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 513 m 463.5 513 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 513 m 540.5 513 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 513 m 463.5 513 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 513 m 540.5 513 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 443 m 353.5 443 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 353.5 443 m 379.5 443 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 443 m 463.5 443 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 443 m 540.5 443 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 429 m 353.5 429 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 429 m 379.5 429 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 429 m 463.5 429 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 443 m 540.5 443 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 429 m 540.5 429 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.25 531.53 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 358.65 517.53 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 442.65 517.53 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 519.65 517.53 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 503.53 Td (Asset management fees) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 361.65 503.48 Td (21) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 503.53 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 440.90 503.53 Td (1,024) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.00 503.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 503.53 Td (768) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 489.53 Td (Professional fees) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 451.70 489.53 Td (81) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 489.53 Td (1) Tj ET Q q 0 0 0 rg BT 528.73 489.53 Td (14) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 475.53 Td (T) Tj ET Q q 0 0 0 rg BT 79.62 475.53 Td (rustee fees) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 447.40 475.53 Td (146) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 475.53 Td (104) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 461.53 Td (Bad debt expense, net) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 363.80 461.48 Td (9) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 447.40 461.53 Td (159) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.70 461.53 Td (24) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 447.53 Td (Other) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 447.40 447.53 Td (198) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 447.53 Td (139) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 433.53 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 440.90 433.53 Td (1,608) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.00 433.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 433.53 Td (1,149) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 412.10 Td (19. ) Tj ET Q q 0 0 0 rg BT 85.00 412.10 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 412.10 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 412.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 412.10 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 412.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 412.10 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 412.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 128.30 412.10 Td (and ) Tj ET Q q 0 0 0 rg BT 144.32 412.10 Td (finance ) Tj ET Q q 0 0 0 rg BT 173.76 412.10 Td (costs) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 394.70 Td (Interest and finance costs are comprised of the following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 384.20000000000005 m 381.5 384.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 384.20000000000005 m 461.5 384.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 384.20000000000005 m 540.5 384.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 356.20000000000005 m 381.5 356.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 356.20000000000005 m 461.5 356.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 461.5 356.20000000000005 m 540.5 356.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 356.20000000000005 m 461.5 356.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 461.5 356.20000000000005 m 540.5 356.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 272.20000000000005 m 381.5 272.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 272.20000000000005 m 461.5 272.20000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 461.5 272.20000000000005 m 540.5 272.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 258.20000000000005 m 381.5 258.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 258.20000000000005 m 461.5 258.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 258.20000000000005 m 540.5 258.20000000000005 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.25 374.73 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 440.65 360.73 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 519.65 360.73 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 346.73 Td (Mortgage interest) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 384.00 346.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 438.90 346.73 Td (5,059) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 464.00 346.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 346.73 Td (2,594) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 332.73 Td (Interest on other debt) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 438.90 332.73 Td (2,755) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 332.73 Td (2,41) Tj ET Q q 0 0 0 rg BT 533.06 332.73 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 318.73 Td (Amortization of deferred transaction costs) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 445.40 318.73 Td (795) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 318.73 Td (331) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 304.73 Td (Amortization of debt mark-to-market adjustments) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 442.80 304.73 Td (\(150) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 458.40 304.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 521.80 304.73 Td (\(126) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 304.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 290.73 Td (Subscription receipts equivalent amount ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 215.32 293.16 Td (\(1\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 438.90 290.73 Td (1,597) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 290.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 276.73 Td (Interest on convertible debentures ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 194.98 279.16 Td (\(2\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 445.40 276.73 Td (269) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 276.73 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 384.00 262.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 434.55 262.73 Td (10,325) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 464.00 262.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 262.73 Td (5,210) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 249.70 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 81.31 249.70 Td (On ) Tj ET Q q 0 0 0 rg BT 91.31 249.70 Td (March ) Tj ET Q q 0 0 0 rg BT 110.20 249.70 Td (27, ) Tj ET Q q 0 0 0 rg BT 120.54 249.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 136.02 249.70 Td (each ) Tj ET Q q 0 0 0 rg BT 151.15 249.70 Td (subscription ) Tj ET Q q 0 0 0 rg BT 185.77 249.70 Td (receipt ) Tj ET Q q 0 0 0 rg BT 206.03 249.70 Td (issued ) Tj ET Q q 0 0 0 rg BT 225.60 249.70 Td (by ) Tj ET Q q 0 0 0 rg BT 233.89 249.70 Td (the ) Tj ET Q q 0 0 0 rg BT 244.24 249.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 258.14 249.70 Td ( ) Tj ET Q q 0 0 0 rg BT 259.94 249.70 Td (on ) Tj ET Q q 0 0 0 rg BT 268.57 249.70 Td (January ) Tj ET Q q 0 0 0 rg BT 292.25 249.70 Td (26, ) Tj ET Q q 0 0 0 rg BT 302.60 249.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 318.07 249.70 Td (was ) Tj ET Q q 0 0 0 rg BT 330.80 249.70 Td (exchanged ) Tj ET Q q 0 0 0 rg BT 362.69 249.70 Td (for ) Tj ET Q q 0 0 0 rg BT 371.67 249.70 Td (one ) Tj ET Q q 0 0 0 rg BT 383.73 249.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 395.44 249.70 Td (and ) Tj ET Q q 0 0 0 rg BT 407.49 249.70 Td (a ) Tj ET Q q 0 0 0 rg BT 412.71 249.70 Td (cash ) Tj ET Q q 0 0 0 rg BT 427.50 249.70 Td (distribution ) Tj ET Q q 0 0 0 rg BT 459.04 249.70 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 488.88 249.70 Td (payment ) Tj ET Q q 0 0 0 rg BT 514.26 249.70 Td (of ) Tj ET Q q 0 0 0 rg BT 521.19 249.70 Td ($0.125 ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 240.70 Td (\(being ) Tj ET Q q 0 0 0 rg BT 91.04 240.70 Td (equal ) Tj ET Q q 0 0 0 rg BT 108.03 240.70 Td (to ) Tj ET Q q 0 0 0 rg BT 115.10 240.70 Td (the ) Tj ET Q q 0 0 0 rg BT 125.60 240.70 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 155.24 240.70 Td (amount ) Tj ET Q q 0 0 0 rg BT 177.70 240.70 Td (of ) Tj ET Q q 0 0 0 rg BT 184.77 240.70 Td (distributions ) Tj ET Q q 0 0 0 rg BT 219.54 240.70 Td (paid ) Tj ET Q q 0 0 0 rg BT 233.11 240.70 Td (by ) Tj ET Q q 0 0 0 rg BT 241.55 240.70 Td (the ) Tj ET Q q 0 0 0 rg BT 252.04 240.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 265.94 240.70 Td ( ) Tj ET Q q 0 0 0 rg BT 267.89 240.70 Td (per ) Tj ET Q q 0 0 0 rg BT 278.72 240.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 290.58 240.70 Td (for ) Tj ET Q q 0 0 0 rg BT 299.70 240.70 Td (which ) Tj ET Q q 0 0 0 rg BT 317.36 240.70 Td (record ) Tj ET Q q 0 0 0 rg BT 336.74 240.70 Td (dates ) Tj ET Q q 0 0 0 rg BT 353.73 240.70 Td (occurred ) Tj ET Q q 0 0 0 rg BT 379.60 240.70 Td (between ) Tj ET Q q 0 0 0 rg BT 404.79 240.70 Td (January ) Tj ET Q q 0 0 0 rg BT 428.62 240.70 Td (26, ) Tj ET Q q 0 0 0 rg BT 439.11 240.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 454.74 240.70 Td (and ) Tj ET Q q 0 0 0 rg BT 466.94 240.70 Td (March ) Tj ET Q q 0 0 0 rg BT 485.97 240.70 Td (27, ) Tj ET Q q 0 0 0 rg BT 496.47 240.70 Td (2018\). ) Tj ET Q q 0 0 0 rg BT 515.85 240.70 Td (See ) Tj ET Q q 0 0 0 rg BT 528.73 240.70 Td (also ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 231.70 Td (note ) Tj ET Q q 0 0 0 rg BT 85.68 231.70 Td (15. ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 222.70 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 81.25 222.70 Td (The ) Tj ET Q q 0 0 0 rg BT 93.70 222.70 Td (convertible ) Tj ET Q q 0 0 0 rg BT 125.29 222.70 Td (debentures ) Tj ET Q q 0 0 0 rg BT 157.92 222.70 Td (pay ) Tj ET Q q 0 0 0 rg BT 169.69 222.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 191.71 222.70 Td (at ) Tj ET Q q 0 0 0 rg BT 198.69 222.70 Td (5.25%, ) Tj ET Q q 0 0 0 rg BT 219.69 222.70 Td (payments ) Tj ET Q q 0 0 0 rg BT 248.21 222.70 Td (are ) Tj ET Q q 0 0 0 rg BT 258.95 222.70 Td (made ) Tj ET Q q 0 0 0 rg BT 276.19 222.70 Td (semi-annually ) Tj ET Q q 0 0 0 rg BT 315.98 222.70 Td (beginning ) Tj ET Q q 0 0 0 rg BT 344.14 222.70 Td (August ) Tj ET Q q 0 0 0 rg BT 365.14 222.70 Td (31, ) Tj ET Q q 0 0 0 rg BT 375.54 222.70 Td (2018. ) Tj ET Q q 0 0 0 rg BT 392.67 222.70 Td (The ) Tj ET Q q 0 0 0 rg BT 405.12 222.70 Td (amount ) Tj ET Q q 0 0 0 rg BT 427.49 222.70 Td (above ) Tj ET Q q 0 0 0 rg BT 446.10 222.70 Td (represents ) Tj ET Q q 0 0 0 rg BT 477.01 222.70 Td (the ) Tj ET Q q 0 0 0 rg BT 487.41 222.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 509.43 222.70 Td (accrued ) Tj ET Q q 0 0 0 rg BT 533.16 222.70 Td (up ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 213.70 Td (to ) Tj ET Q q 0 0 0 rg BT 78.84 213.70 Td (and ) Tj ET Q q 0 0 0 rg BT 90.81 213.70 Td (including ) Tj ET Q q 0 0 0 rg BT 116.80 213.70 Td (March ) Tj ET Q q 0 0 0 rg BT 135.60 213.70 Td (31, ) Tj ET Q q 0 0 0 rg BT 145.86 213.70 Td (2018. ) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 21) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (20. ) Tj ET Q q 0 0 0 rg BT 85.00 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 695.10 Td (Change ) Tj ET Q q 0 0 0 rg BT 128.73 695.10 Td (in ) Tj ET Q q 0 0 0 rg BT 137.82 695.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 152.11 695.10 Td (value ) Tj ET Q q 0 0 0 rg BT 174.20 695.10 Td (of ) Tj ET Q q 0 0 0 rg BT 183.72 695.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 217.49 695.10 Td (instruments) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 678.70 Td (The change in fair value of financial instruments is comprised of the following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 668.2 m 351.5 668.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 668.2 m 385.5 668.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 668.2 m 460.5 668.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 668.2 m 540.5 668.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 640.2 m 351.5 640.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 351.5 640.2 m 385.5 640.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385.5 640.2 m 460.5 640.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 640.2 m 540.5 640.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 556.2 m 351.5 556.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 351.5 556.2 m 385.5 556.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385.5 556.2 m 460.5 556.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 556.2 m 540.5 556.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 542.2 m 351.5 542.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 542.2 m 385.5 542.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 542.2 m 460.5 542.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 542.2 m 540.5 542.2 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 428.25 658.73 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 359.30 644.73 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 439.65 644.73 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 519.65 644.73 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 630.73 Td (Interest rate swaps) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 363.65 630.68 Td (12) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 388.00 630.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 630.73 Td (\(434) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 630.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 630.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.10 630.73 Td (\(1) Tj ET Q q 0 0 0 rg BT 533.03 630.73 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 630.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 616.73 Td (Interest rate cap) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 363.65 616.68 Td (12) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 450.45 616.73 Td (\(6) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 616.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 530.45 616.73 Td (\(9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 616.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 602.73 Td (Convertible debenture embedded derivatives) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 363.65 602.68 Td (12) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.70 602.73 Td (94) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 602.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 588.73 Td (Deferred units) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 363.65 588.68 Td (15) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 448.70 588.73 Td (32) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 530.45 588.73 Td (\(7) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.40 588.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 574.73 Td (Subscription receipts) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 363.65 574.68 Td (15) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 574.73 Td (5,751) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 574.73 Td (889) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 560.73 Td (Foreign exchange forwards ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 171.57 563.16 Td (\(1\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.80 560.73 Td (\(389) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 457.40 560.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 560.73 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 388.00 546.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 546.73 Td (5,048) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 463.00 546.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 524.40 546.73 Td (862) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 533.70 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 81.25 533.70 Td (During ) Tj ET Q q 0 0 0 rg BT 101.10 533.70 Td (the ) Tj ET Q q 0 0 0 rg BT 111.39 533.70 Td (three ) Tj ET Q q 0 0 0 rg BT 127.14 533.70 Td (month ) Tj ET Q q 0 0 0 rg BT 145.98 533.70 Td (period ) Tj ET Q q 0 0 0 rg BT 164.81 533.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 183.65 533.70 Td (March ) Tj ET Q q 0 0 0 rg BT 202.47 533.70 Td (31, ) Tj ET Q q 0 0 0 rg BT 212.76 533.70 Td (2018, ) Tj ET Q q 0 0 0 rg BT 229.89 533.70 Td (the ) Tj ET Q q 0 0 0 rg BT 240.17 533.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 254.08 533.70 Td ( ) Tj ET Q q 0 0 0 rg BT 255.81 533.70 Td (entered ) Tj ET Q q 0 0 0 rg BT 278.41 533.70 Td (into ) Tj ET Q q 0 0 0 rg BT 290.06 533.70 Td (two ) Tj ET Q q 0 0 0 rg BT 301.37 533.70 Td (forward ) Tj ET Q q 0 0 0 rg BT 323.61 533.70 Td (foreign ) Tj ET Q q 0 0 0 rg BT 344.15 533.70 Td (exchange ) Tj ET Q q 0 0 0 rg BT 372.56 533.70 Td (contracts ) Tj ET Q q 0 0 0 rg BT 399.26 533.70 Td (for ) Tj ET Q q 0 0 0 rg BT 408.17 533.70 Td (the ) Tj ET Q q 0 0 0 rg BT 418.46 533.70 Td (purposes ) Tj ET Q q 0 0 0 rg BT 445.50 533.70 Td (of ) Tj ET Q q 0 0 0 rg BT 452.36 533.70 Td (hedging ) Tj ET Q q 0 0 0 rg BT 475.99 533.70 Td (against ) Tj ET Q q 0 0 0 rg BT 497.56 533.70 Td (the ) Tj ET Q q 0 0 0 rg BT 507.85 533.70 Td (purchase ) Tj ET Q q 0 0 0 rg BT 534.88 533.70 Td (of ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 524.70 Td (20 ) Tj ET Q q 0 0 0 rg BT 80.55 524.70 Td (South ) Tj ET Q q 0 0 0 rg BT 98.33 524.70 Td (Clark ) Tj ET Q q 0 0 0 rg BT 114.39 524.70 Td (Street ) Tj ET Q q 0 0 0 rg BT 132.52 524.70 Td (in ) Tj ET Q q 0 0 0 rg BT 139.01 524.70 Td (Chicago, ) Tj ET Q q 0 0 0 rg BT 165.00 524.70 Td (IL. ) Tj ET Q q 0 0 0 rg BT 173.44 524.70 Td (These ) Tj ET Q q 0 0 0 rg BT 192.25 524.70 Td (contracts ) Tj ET Q q 0 0 0 rg BT 218.91 524.70 Td (resulted ) Tj ET Q q 0 0 0 rg BT 242.51 524.70 Td (in ) Tj ET Q q 0 0 0 rg BT 249.00 524.70 Td (a ) Tj ET Q q 0 0 0 rg BT 254.13 524.70 Td (loss ) Tj ET Q q 0 0 0 rg BT 266.78 524.70 Td (of ) Tj ET Q q 0 0 0 rg BT 273.63 524.70 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 277.05 524.70 Td (0.4 ) Tj ET Q q 0 0 0 rg BT 287.31 524.70 Td (million) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 304.74 524.70 Td ( ) Tj ET Q q 0 0 0 rg BT 306.45 524.70 Td (for ) Tj ET Q q 0 0 0 rg BT 315.34 524.70 Td (the ) Tj ET Q q 0 0 0 rg BT 325.60 524.70 Td (three ) Tj ET Q q 0 0 0 rg BT 341.33 524.70 Td (months ) Tj ET Q q 0 0 0 rg BT 363.21 524.70 Td (ended ) Tj ET Q q 0 0 0 rg BT 382.02 524.70 Td (March ) Tj ET Q q 0 0 0 rg BT 400.82 524.70 Td (31, ) Tj ET Q q 0 0 0 rg BT 411.08 524.70 Td (2018.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 510.30 Td (The ) Tj ET Q q 0 0 0 rg BT 87.61 510.30 Td (subscription ) Tj ET Q q 0 0 0 rg BT 131.36 510.30 Td (receipts ) Tj ET Q q 0 0 0 rg BT 160.82 510.30 Td (issued ) Tj ET Q q 0 0 0 rg BT 185.52 510.30 Td (by ) Tj ET Q q 0 0 0 rg BT 195.93 510.30 Td (the ) Tj ET Q q 0 0 0 rg BT 208.95 510.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 226.56 510.30 Td ( ) Tj ET Q q 0 0 0 rg BT 228.74 510.30 Td (are ) Tj ET Q q 0 0 0 rg BT 242.18 510.30 Td (settled ) Tj ET Q q 0 0 0 rg BT 267.31 510.30 Td (by ) Tj ET Q q 0 0 0 rg BT 277.72 510.30 Td (delivering ) Tj ET Q q 0 0 0 rg BT 313.25 510.30 Td (a ) Tj ET Q q 0 0 0 rg BT 319.76 510.30 Td (fixed ) Tj ET Q q 0 0 0 rg BT 338.40 510.30 Td (number ) Tj ET Q q 0 0 0 rg BT 367.00 510.30 Td (of ) Tj ET Q q 0 0 0 rg BT 375.68 510.30 Td (the ) Tj ET Q q 0 0 0 rg BT 388.69 510.30 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 414.00 510.30 Td (units ) Tj ET Q q 0 0 0 rg BT 432.64 510.30 Td (for ) Tj ET Q q 0 0 0 rg BT 443.92 510.30 Td (a ) Tj ET Q q 0 0 0 rg BT 450.43 510.30 Td (fixed ) Tj ET Q q 0 0 0 rg BT 469.07 510.30 Td (amount ) Tj ET Q q 0 0 0 rg BT 497.24 510.30 Td (of ) Tj ET Q q 0 0 0 rg BT 505.92 510.30 Td (cash. ) Tj ET Q q 0 0 0 rg BT 526.59 510.30 Td (The ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 498.90 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 98.13 498.90 Td (trust ) Tj ET Q q 0 0 0 rg BT 116.27 498.90 Td (units ) Tj ET Q q 0 0 0 rg BT 135.73 498.90 Td (are ) Tj ET Q q 0 0 0 rg BT 149.98 498.90 Td (puttable ) Tj ET Q q 0 0 0 rg BT 180.69 498.90 Td (instruments ) Tj ET Q q 0 0 0 rg BT 223.96 498.90 Td (and ) Tj ET Q q 0 0 0 rg BT 239.95 498.90 Td (therefore ) Tj ET Q q 0 0 0 rg BT 274.12 498.90 Td (the ) Tj ET Q q 0 0 0 rg BT 287.95 498.90 Td (subscription ) Tj ET Q q 0 0 0 rg BT 332.51 498.90 Td (receipts ) Tj ET Q q 0 0 0 rg BT 362.79 498.90 Td (meet ) Tj ET Q q 0 0 0 rg BT 383.10 498.90 Td (the ) Tj ET Q q 0 0 0 rg BT 396.92 498.90 Td (definition ) Tj ET Q q 0 0 0 rg BT 431.10 498.90 Td (of ) Tj ET Q q 0 0 0 rg BT 440.59 498.90 Td (a ) Tj ET Q q 0 0 0 rg BT 447.92 498.90 Td (liability ) Tj ET Q q 0 0 0 rg BT 474.29 498.90 Td (under ) Tj ET Q q 0 0 0 rg BT 497.21 498.90 Td (IAS ) Tj ET Q q 0 0 0 rg BT 512.76 498.90 Td (32) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 521.42 498.90 Td (. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.58 498.90 Td (The ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 487.50 Td (subscription ) Tj ET Q q 0 0 0 rg BT 115.78 487.50 Td (receipts ) Tj ET Q q 0 0 0 rg BT 145.26 487.50 Td (are ) Tj ET Q q 0 0 0 rg BT 158.73 487.50 Td (designated ) Tj ET Q q 0 0 0 rg BT 199.06 487.50 Td (as ) Tj ET Q q 0 0 0 rg BT 209.49 487.50 Td (fair ) Tj ET Q q 0 0 0 rg BT 222.52 487.50 Td (value ) Tj ET Q q 0 0 0 rg BT 243.35 487.50 Td (through ) Tj ET Q q 0 0 0 rg BT 271.98 487.50 Td (profit ) Tj ET Q q 0 0 0 rg BT 291.50 487.50 Td (or ) Tj ET Q q 0 0 0 rg BT 300.63 487.50 Td (loss. ) Tj ET Q q 0 0 0 rg BT 318.73 487.50 Td (The ) Tj ET Q q 0 0 0 rg BT 334.36 487.50 Td (fair ) Tj ET Q q 0 0 0 rg BT 347.38 487.50 Td (value ) Tj ET Q q 0 0 0 rg BT 368.21 487.50 Td (of ) Tj ET Q q 0 0 0 rg BT 376.92 487.50 Td (the ) Tj ET Q q 0 0 0 rg BT 389.96 487.50 Td (subscription ) Tj ET Q q 0 0 0 rg BT 433.73 487.50 Td (receipts ) Tj ET Q q 0 0 0 rg BT 463.22 487.50 Td (are ) Tj ET Q q 0 0 0 rg BT 476.68 487.50 Td (remeasured ) Tj ET Q q 0 0 0 rg BT 520.46 487.50 Td (at ) Tj ET Q q 0 0 0 rg BT 529.16 487.50 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 476.10 Td (end ) Tj ET Q q 0 0 0 rg BT 87.34 476.10 Td (of ) Tj ET Q q 0 0 0 rg BT 96.19 476.10 Td (each ) Tj ET Q q 0 0 0 rg BT 115.42 476.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 148.51 476.10 Td (period ) Tj ET Q q 0 0 0 rg BT 172.51 476.10 Td (with ) Tj ET Q q 0 0 0 rg BT 188.71 476.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 220.51 476.10 Td (in ) Tj ET Q q 0 0 0 rg BT 228.91 476.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 242.08 476.10 Td (value ) Tj ET Q q 0 0 0 rg BT 263.05 476.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 296.14 476.10 Td (in ) Tj ET Q q 0 0 0 rg BT 304.55 476.10 Td (net ) Tj ET Q q 0 0 0 rg BT 317.72 476.10 Td (income ) Tj ET Q q 0 0 0 rg BT 345.18 476.10 Td (and ) Tj ET Q q 0 0 0 rg BT 360.52 476.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 415.70 476.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 445.18 476.10 Td (The ) Tj ET Q q 0 0 0 rg BT 460.95 476.10 Td (dif) Tj ET Q q 0 0 0 rg BT 469.04 476.10 Td (ference ) Tj ET Q q 0 0 0 rg BT 497.37 476.10 Td (between ) Tj ET Q q 0 0 0 rg BT 529.17 476.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 464.70 Td ($8.10 ) Tj ET Q q 0 0 0 rg BT 93.05 464.70 Td (of) Tj ET Q q 0 0 0 rg BT 99.42 464.70 Td (fered ) Tj ET Q q 0 0 0 rg BT 118.73 464.70 Td (price ) Tj ET Q q 0 0 0 rg BT 137.17 464.70 Td (per ) Tj ET Q q 0 0 0 rg BT 149.99 464.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 164.11 464.70 Td (and ) Tj ET Q q 0 0 0 rg BT 178.66 464.70 Td (the ) Tj ET Q q 0 0 0 rg BT 191.05 464.70 Td (closing ) Tj ET Q q 0 0 0 rg BT 216.86 464.70 Td (price ) Tj ET Q q 0 0 0 rg BT 235.30 464.70 Td (of ) Tj ET Q q 0 0 0 rg BT 243.36 464.70 Td ($7.65 ) Tj ET Q q 0 0 0 rg BT 264.41 464.70 Td (per ) Tj ET Q q 0 0 0 rg BT 277.23 464.70 Td (unit ) Tj ET Q q 0 0 0 rg BT 291.35 464.70 Td (on ) Tj ET Q q 0 0 0 rg BT 301.57 464.70 Td (the ) Tj ET Q q 0 0 0 rg BT 313.96 464.70 Td (day ) Tj ET Q q 0 0 0 rg BT 328.08 464.70 Td (of ) Tj ET Q q 0 0 0 rg BT 336.13 464.70 Td (conversion ) Tj ET Q q 0 0 0 rg BT 375.37 464.70 Td (of ) Tj ET Q q 0 0 0 rg BT 383.42 464.70 Td (the ) Tj ET Q q 0 0 0 rg BT 395.81 464.70 Td (subscription ) Tj ET Q q 0 0 0 rg BT 438.94 464.70 Td (receipts ) Tj ET Q q 0 0 0 rg BT 467.78 464.70 Td (to ) Tj ET Q q 0 0 0 rg BT 475.84 464.70 Td (units ) Tj ET Q q 0 0 0 rg BT 493.85 464.70 Td (was ) Tj ET Q q 0 0 0 rg BT 509.26 464.70 Td (recorded ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 453.30 Td (in ) Tj ET Q q 0 0 0 rg BT 80.37 453.30 Td (net ) Tj ET Q q 0 0 0 rg BT 93.50 453.30 Td (income ) Tj ET Q q 0 0 0 rg BT 120.92 453.30 Td (and ) Tj ET Q q 0 0 0 rg BT 136.22 453.30 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 191.35 453.30 Td (income ) Tj ET Q q 0 0 0 rg BT 218.77 453.30 Td (as ) Tj ET Q q 0 0 0 rg BT 229.30 453.30 Td (a ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 235.93 453.30 Td ($5.8 ) Tj ET Q q 0 0 0 rg BT 253.40 453.30 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 275.48 453.30 Td ( ) Tj ET Q q 0 0 0 rg BT 277.78 453.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 290.91 453.30 Td (value ) Tj ET Q q 0 0 0 rg BT 311.83 453.30 Td (change ) Tj ET Q q 0 0 0 rg BT 339.70 453.30 Td (of ) Tj ET Q q 0 0 0 rg BT 348.50 453.30 Td (financial ) Tj ET Q q 0 0 0 rg BT 379.38 453.30 Td (instruments ) Tj ET Q q 0 0 0 rg BT 421.96 453.30 Td (for ) Tj ET Q q 0 0 0 rg BT 433.35 453.30 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 446.49 453.30 Td (three ) Tj ET Q q 0 0 0 rg BT 466.55 453.30 Td (months ) Tj ET Q q 0 0 0 rg BT 494.40 453.30 Td (ended ) Tj ET Q q 0 0 0 rg BT 518.36 453.30 Td (March ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 441.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 85.00 441.90 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 102.33 441.90 Td (.) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 424.50 Td (21. ) Tj ET Q q 0 0 0 rg BT 85.00 424.50 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 424.50 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 424.50 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 424.50 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 424.50 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 424.50 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 424.50 Td (Related ) Tj ET Q q 0 0 0 rg BT 128.30 424.50 Td (party ) Tj ET Q q 0 0 0 rg BT 149.52 424.50 Td (transactions) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 407.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.87 407.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 105.48 407.10 Td ( ) Tj ET Q q 0 0 0 rg BT 107.93 407.10 Td (has ) Tj ET Q q 0 0 0 rg BT 122.94 407.10 Td (a ) Tj ET Q q 0 0 0 rg BT 129.72 407.10 Td (management ) Tj ET Q q 0 0 0 rg BT 177.64 407.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 217.34 407.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 233.21 407.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 283.25 407.10 Td (Agreement\) ) Tj ET Q q 0 0 0 rg BT 328.99 407.10 Td (with ) Tj ET Q q 0 0 0 rg BT 345.29 407.10 Td (Slate ) Tj ET Q q 0 0 0 rg BT 365.49 407.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 413.42 407.10 Td (Corporation ) Tj ET Q q 0 0 0 rg BT 456.57 407.10 Td (\("SMC"\), ) Tj ET Q q 0 0 0 rg BT 489.20 407.10 Td (a ) Tj ET Q q 0 0 0 rg BT 495.99 407.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 533.51 407.10 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 395.70 Td (Slate ) Tj ET Q q 0 0 0 rg BT 91.32 395.70 Td (Asset ) Tj ET Q q 0 0 0 rg BT 112.74 395.70 Td (Management ) Tj ET Q q 0 0 0 rg BT 160.16 395.70 Td (L.P) Tj ET Q q 0 0 0 rg BT 170.85 395.70 Td (. ) Tj ET Q q 0 0 0 rg BT 174.96 395.70 Td (\("SLAM"\), ) Tj ET Q q 0 0 0 rg BT 211.00 395.70 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 250.69 395.70 Td (, ) Tj ET Q q 0 0 0 rg BT 254.80 395.70 Td ("Slate"\), ) Tj ET Q q 0 0 0 rg BT 284.78 395.70 Td (whereby ) Tj ET Q q 0 0 0 rg BT 316.16 395.70 Td (SMC ) Tj ET Q q 0 0 0 rg BT 335.41 395.70 Td (as ) Tj ET Q q 0 0 0 rg BT 345.58 395.70 Td (the ) Tj ET Q q 0 0 0 rg BT 358.35 395.70 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 383.43 395.70 Td (manager ) Tj ET Q q 0 0 0 rg BT 416.11 395.70 Td (provides ) Tj ET Q q 0 0 0 rg BT 447.50 395.70 Td (the ) Tj ET Q q 0 0 0 rg BT 460.27 395.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 477.88 395.70 Td ( ) Tj ET Q q 0 0 0 rg BT 479.82 395.70 Td (with ) Tj ET Q q 0 0 0 rg BT 495.61 395.70 Td (the ) Tj ET Q q 0 0 0 rg BT 508.38 395.70 Td (strategic, ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 384.30 Td (administrative, ) Tj ET Q q 0 0 0 rg BT 124.88 384.30 Td (property ) Tj ET Q q 0 0 0 rg BT 156.12 384.30 Td (management, ) Tj ET Q q 0 0 0 rg BT 206.41 384.30 Td (leasing, ) Tj ET Q q 0 0 0 rg BT 235.92 384.30 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 277.55 384.30 Td (financing ) Tj ET Q q 0 0 0 rg BT 311.39 384.30 Td (and ) Tj ET Q q 0 0 0 rg BT 327.04 384.30 Td (construction ) Tj ET Q q 0 0 0 rg BT 371.70 384.30 Td (management ) Tj ET Q q 0 0 0 rg BT 419.83 384.30 Td (services ) Tj ET Q q 0 0 0 rg BT 451.06 384.30 Td (necessary ) Tj ET Q q 0 0 0 rg BT 489.22 384.30 Td (to ) Tj ET Q q 0 0 0 rg BT 498.37 384.30 Td (manage ) Tj ET Q q 0 0 0 rg BT 529.18 384.30 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 372.90 Td (strategy ) Tj ET Q q 0 0 0 rg BT 101.88 372.90 Td (and ) Tj ET Q q 0 0 0 rg BT 117.05 372.90 Td (day-to-day ) Tj ET Q q 0 0 0 rg BT 156.02 372.90 Td (operations ) Tj ET Q q 0 0 0 rg BT 194.57 372.90 Td (of ) Tj ET Q q 0 0 0 rg BT 203.24 372.90 Td (the ) Tj ET Q q 0 0 0 rg BT 216.23 372.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 233.84 372.90 Td ( ) Tj ET Q q 0 0 0 rg BT 236.01 372.90 Td (and ) Tj ET Q q 0 0 0 rg BT 251.17 372.90 Td (its ) Tj ET Q q 0 0 0 rg BT 261.13 372.90 Td (assets. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 355.50 Td (SMC and SLAM collectively held the following interests in the REIT) Tj ET Q q 0 0 0 rg BT 301.95 355.50 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 345 m 378.5 345 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 331 m 378.5 331 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 345 m 459.5 345 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 378.5 331 m 459.5 331 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 345 m 540.5 345 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 331 m 540.5 331 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 331 m 540.5 331 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 303 m 378.5 303 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 378.5 303 m 459.5 303 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 303 m 540.5 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 275 m 378.5 275 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 275 m 459.5 275 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 275 m 540.5 275 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 400.55 335.53 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 335.53 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 321.53 Td (REIT) Tj ET Q q 0 0 0 rg BT 92.68 321.53 Td ( units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 417.35 321.53 Td (1,687,251) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 498.35 321.53 Td (1,687,251) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 307.53 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 113.47 307.53 Td ( units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 417.35 307.53 Td (5,285,160) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 498.35 307.53 Td (5,285,160) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 293.53 Td (T) Tj ET Q q 0 0 0 rg BT 78.90 293.53 Td (otal) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 417.35 293.53 Td (6,972,41) Tj ET Q q 0 0 0 rg BT 447.68 293.53 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 498.35 293.53 Td (6,972,41) Tj ET Q q 0 0 0 rg BT 528.68 293.53 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 279.53 Td (Economic interest) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 441.20 279.53 Td (9.3) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 452.05 279.53 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.85 279.53 Td (1) Tj ET Q q 0 0 0 rg BT 522.18 279.53 Td (1.2) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 533.05 279.53 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 258.10 Td (The Management ) Tj ET Q q 0 0 0 rg BT 134.80 258.10 Td (Agreement provides for the following fees:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 244.60000000000002 m 164.5 244.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 230.60000000000002 m 164.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 164.5 244.60000000000002 m 173.5 244.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 164.5 230.60000000000002 m 173.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 244.60000000000002 m 329.5 244.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 173.5 230.60000000000002 m 329.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 244.60000000000002 m 337.5 244.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 230.60000000000002 m 337.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 244.60000000000002 m 539.5 244.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 337.5 230.60000000000002 m 539.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 146.60000000000002 m 164.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 164.5 146.60000000000002 m 173.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 146.60000000000002 m 329.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 146.60000000000002 m 337.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 146.60000000000002 m 539.5 146.60000000000002 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 74.00 235.13 Td (T) Tj ET Q q 0 0 0 rg BT 78.19 235.13 Td (ype) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 515.20 235.13 Td (Basis) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 221.13 Td (Property management) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 456.15 221.13 Td (3% of gross revenue ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 529.78 223.56 Td (\(1\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 207.13 Td (Asset management) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 440.15 207.13 Td (0.3% of gross book value ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 529.81 209.56 Td (\(2\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 193.13 Td (Leasing) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 404.65 193.13 Td (5% on new leases, 2% on renewals ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 529.81 195.56 Td (\(3\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 179.13 Td (Financing) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 456.25 179.13 Td (0.25% of debt financed) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 165.13 Td (Construction) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.20 165.13 Td (5.0% of costs) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 151.13 Td (Acquisition) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 499.60 151.13 Td (V) Tj ET Q q 0 0 0 rg BT 504.23 151.13 Td (ariable ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 529.78 153.56 Td (\(4\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 138.10 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 81.23 138.10 Td (Gross ) Tj ET Q q 0 0 0 rg BT 99.34 138.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 123.28 138.10 Td (is ) Tj ET Q q 0 0 0 rg BT 129.43 138.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 151.32 138.10 Td (as ) Tj ET Q q 0 0 0 rg BT 159.53 138.10 Td (all ) Tj ET Q q 0 0 0 rg BT 167.39 138.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 194.40 138.10 Td (received ) Tj ET Q q 0 0 0 rg BT 219.36 138.10 Td (by ) Tj ET Q q 0 0 0 rg BT 227.57 138.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 246.72 138.10 Td (on ) Tj ET Q q 0 0 0 rg BT 255.27 138.10 Td (behalf ) Tj ET Q q 0 0 0 rg BT 273.74 138.10 Td (of ) Tj ET Q q 0 0 0 rg BT 280.58 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 290.84 138.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 304.74 138.10 Td ( ) Tj ET Q q 0 0 0 rg BT 306.45 138.10 Td (from ) Tj ET Q q 0 0 0 rg BT 320.47 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 330.73 138.10 Td (leasing ) Tj ET Q q 0 0 0 rg BT 351.93 138.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 371.08 138.10 Td (licensing ) Tj ET Q q 0 0 0 rg BT 396.72 138.10 Td (of ) Tj ET Q q 0 0 0 rg BT 403.56 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 413.82 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 424.09 138.10 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 444.06 138.10 Td (properties.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 129.10 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 81.23 129.10 Td (Gross ) Tj ET Q q 0 0 0 rg BT 99.34 129.10 Td (book ) Tj ET Q q 0 0 0 rg BT 114.39 129.10 Td (value ) Tj ET Q q 0 0 0 rg BT 130.80 129.10 Td (is ) Tj ET Q q 0 0 0 rg BT 136.96 129.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 158.85 129.10 Td (as ) Tj ET Q q 0 0 0 rg BT 167.05 129.10 Td (the ) Tj ET Q q 0 0 0 rg BT 177.32 129.10 Td (book ) Tj ET Q q 0 0 0 rg BT 192.36 129.10 Td (value ) Tj ET Q q 0 0 0 rg BT 208.78 129.10 Td (of ) Tj ET Q q 0 0 0 rg BT 215.62 129.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.88 129.10 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 245.85 129.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 265.34 129.10 Td (as ) Tj ET Q q 0 0 0 rg BT 273.55 129.10 Td (shown ) Tj ET Q q 0 0 0 rg BT 293.04 129.10 Td (on ) Tj ET Q q 0 0 0 rg BT 301.59 129.10 Td (the ) Tj ET Q q 0 0 0 rg BT 311.85 129.10 Td (previous ) Tj ET Q q 0 0 0 rg BT 336.81 129.10 Td (quarter's ) Tj ET Q q 0 0 0 rg BT 362.26 129.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 398.51 129.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 422.79 129.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 456.30 129.10 Td (less ) Tj ET Q q 0 0 0 rg BT 468.95 129.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 495.95 129.10 Td (cash.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 120.10 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 81.41 120.10 Td (Leasing ) Tj ET Q q 0 0 0 rg BT 104.85 120.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 118.38 120.10 Td (are ) Tj ET Q q 0 0 0 rg BT 129.16 120.10 Td (charged ) Tj ET Q q 0 0 0 rg BT 153.28 120.10 Td (to ) Tj ET Q q 0 0 0 rg BT 160.31 120.10 Td (the ) Tj ET Q q 0 0 0 rg BT 170.75 120.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 184.66 120.10 Td ( ) Tj ET Q q 0 0 0 rg BT 186.55 120.10 Td (net ) Tj ET Q q 0 0 0 rg BT 197.00 120.10 Td (of ) Tj ET Q q 0 0 0 rg BT 204.03 120.10 Td (any ) Tj ET Q q 0 0 0 rg BT 215.84 120.10 Td (third ) Tj ET Q q 0 0 0 rg BT 229.70 120.10 Td (party ) Tj ET Q q 0 0 0 rg BT 245.27 120.10 Td (brokerage ) Tj ET Q q 0 0 0 rg BT 274.86 120.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 288.38 120.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 301.91 120.10 Td (to ) Tj ET Q q 0 0 0 rg BT 308.93 120.10 Td (leasing ) Tj ET Q q 0 0 0 rg BT 330.32 120.10 Td (agents ) Tj ET Q q 0 0 0 rg BT 350.69 120.10 Td (retained ) Tj ET Q q 0 0 0 rg BT 374.81 120.10 Td (by ) Tj ET Q q 0 0 0 rg BT 383.20 120.10 Td (the ) Tj ET Q q 0 0 0 rg BT 393.65 120.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 406.97 120.10 Td (. ) Tj ET Q q 0 0 0 rg BT 410.58 120.10 Td (No ) Tj ET Q q 0 0 0 rg BT 420.33 120.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 430.78 120.10 Td (is ) Tj ET Q q 0 0 0 rg BT 437.12 120.10 Td (charged ) Tj ET Q q 0 0 0 rg BT 461.24 120.10 Td (to ) Tj ET Q q 0 0 0 rg BT 468.27 120.10 Td (the ) Tj ET Q q 0 0 0 rg BT 478.72 120.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 492.62 120.10 Td ( ) Tj ET Q q 0 0 0 rg BT 494.51 120.10 Td (where ) Tj ET Q q 0 0 0 rg BT 513.16 120.10 Td (such ) Tj ET Q q 0 0 0 rg BT 528.05 120.10 Td (third ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 111.10 Td (party ) Tj ET Q q 0 0 0 rg BT 87.39 111.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 100.72 111.10 Td (are ) Tj ET Q q 0 0 0 rg BT 111.32 111.10 Td (equal ) Tj ET Q q 0 0 0 rg BT 128.08 111.10 Td (to ) Tj ET Q q 0 0 0 rg BT 134.92 111.10 Td (or ) Tj ET Q q 0 0 0 rg BT 142.10 111.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 163.30 111.10 Td (than ) Tj ET Q q 0 0 0 rg BT 176.98 111.10 Td (the ) Tj ET Q q 0 0 0 rg BT 187.24 111.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 203.65 111.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 213.92 111.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 237.17 111.10 Td (to ) Tj ET Q q 0 0 0 rg BT 244.01 111.10 Td (SLAM.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 102.10 Td (\(4\) ) Tj ET Q q 0 0 0 rg BT 80.89 102.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 112.34 102.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 125.68 102.10 Td (are ) Tj ET Q q 0 0 0 rg BT 136.28 102.10 Td (1.0% ) Tj ET Q q 0 0 0 rg BT 152.01 102.10 Td (on ) Tj ET Q q 0 0 0 rg BT 160.56 102.10 Td (the ) Tj ET Q q 0 0 0 rg BT 170.82 102.10 Td (first ) Tj ET Q q 0 0 0 rg BT 182.44 102.10 Td ($100 ) Tj ET Q q 0 0 0 rg BT 197.84 102.10 Td (million ) Tj ET Q q 0 0 0 rg BT 216.98 102.10 Td (of ) Tj ET Q q 0 0 0 rg BT 223.82 102.10 Td (acquisitions; ) Tj ET Q q 0 0 0 rg BT 259.38 102.10 Td (0.75% ) Tj ET Q q 0 0 0 rg BT 278.53 102.10 Td (on ) Tj ET Q q 0 0 0 rg BT 287.08 102.10 Td (the ) Tj ET Q q 0 0 0 rg BT 297.34 102.10 Td (next ) Tj ET Q q 0 0 0 rg BT 310.68 102.10 Td ($100 ) Tj ET Q q 0 0 0 rg BT 326.07 102.10 Td (million ) Tj ET Q q 0 0 0 rg BT 345.21 102.10 Td (of ) Tj ET Q q 0 0 0 rg BT 352.05 102.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 385.90 102.10 Td (and ) Tj ET Q q 0 0 0 rg BT 397.87 102.10 Td (0.50% ) Tj ET Q q 0 0 0 rg BT 417.02 102.10 Td (for ) Tj ET Q q 0 0 0 rg BT 425.91 102.10 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 459.76 102.10 Td (in ) Tj ET Q q 0 0 0 rg BT 466.26 102.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 487.11 102.10 Td (of ) Tj ET Q q 0 0 0 rg BT 493.96 102.10 Td ($200 ) Tj ET Q q 0 0 0 rg BT 509.35 102.10 Td (million. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 84.70 Td (Property ) Tj ET Q q 0 0 0 rg BT 103.81 84.70 Td (and ) Tj ET Q q 0 0 0 rg BT 119.18 84.70 Td (asset ) Tj ET Q q 0 0 0 rg BT 140.17 84.70 Td (management ) Tj ET Q q 0 0 0 rg BT 188.01 84.70 Td (fees ) Tj ET Q q 0 0 0 rg BT 205.10 84.70 Td (are ) Tj ET Q q 0 0 0 rg BT 218.73 84.70 Td (recorded ) Tj ET Q q 0 0 0 rg BT 251.84 84.70 Td (as ) Tj ET Q q 0 0 0 rg BT 262.44 84.70 Td (property ) Tj ET Q q 0 0 0 rg BT 293.39 84.70 Td (operating ) Tj ET Q q 0 0 0 rg BT 328.24 84.70 Td (and ) Tj ET Q q 0 0 0 rg BT 343.61 84.70 Td (general ) Tj ET Q q 0 0 0 rg BT 371.96 84.70 Td (and ) Tj ET Q q 0 0 0 rg BT 387.33 84.70 Td (administrative ) Tj ET Q q 0 0 0 rg BT 437.76 84.70 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 475.64 84.70 Td (respectively) Tj ET Q q 0 0 0 rg BT 516.21 84.70 Td (, ) Tj ET Q q 0 0 0 rg BT 520.74 84.70 Td (in ) Tj ET Q q 0 0 0 rg BT 529.17 84.70 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 73.30 Td (period ) Tj ET Q q 0 0 0 rg BT 95.72 73.30 Td (incurred. ) Tj ET Q q 0 0 0 rg BT 128.09 73.30 Td ( ) Tj ET Q q 0 0 0 rg BT 129.75 73.30 Td (Acquisition, ) Tj ET Q q 0 0 0 rg BT 171.66 73.30 Td (construction ) Tj ET Q q 0 0 0 rg BT 215.73 73.30 Td (and ) Tj ET Q q 0 0 0 rg BT 230.80 73.30 Td (leasing ) Tj ET Q q 0 0 0 rg BT 257.55 73.30 Td (fees ) Tj ET Q q 0 0 0 rg BT 274.34 73.30 Td (are ) Tj ET Q q 0 0 0 rg BT 287.66 73.30 Td (recorded ) Tj ET Q q 0 0 0 rg BT 320.48 73.30 Td (as ) Tj ET Q q 0 0 0 rg BT 330.77 73.30 Td (additions ) Tj ET Q q 0 0 0 rg BT 364.02 73.30 Td (to ) Tj ET Q q 0 0 0 rg BT 372.58 73.30 Td (properties ) Tj ET Q q 0 0 0 rg BT 409.29 73.30 Td (when ) Tj ET Q q 0 0 0 rg BT 429.98 73.30 Td (payable ) Tj ET Q q 0 0 0 rg BT 459.33 73.30 Td (to ) Tj ET Q q 0 0 0 rg BT 467.90 73.30 Td (SMC. ) Tj ET Q q 0 0 0 rg BT 489.43 73.30 Td (Financing ) Tj ET Q q 0 0 0 rg BT 525.28 73.30 Td (fees ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 61.90 Td (are ) Tj ET Q q 0 0 0 rg BT 85.42 61.90 Td (capitalized ) Tj ET Q q 0 0 0 rg BT 124.40 61.90 Td (to ) Tj ET Q q 0 0 0 rg BT 133.07 61.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 150.40 61.90 Td (placed ) Tj ET Q q 0 0 0 rg BT 175.52 61.90 Td (at ) Tj ET Q q 0 0 0 rg BT 184.19 61.90 Td (the ) Tj ET Q q 0 0 0 rg BT 197.19 61.90 Td (time ) Tj ET Q q 0 0 0 rg BT 214.07 61.90 Td (of ) Tj ET Q q 0 0 0 rg BT 222.74 61.90 Td (closing ) Tj ET Q q 0 0 0 rg BT 249.16 61.90 Td (and ) Tj ET Q q 0 0 0 rg BT 264.32 61.90 Td (amortized ) Tj ET Q q 0 0 0 rg BT 300.69 61.90 Td (to ) Tj ET Q q 0 0 0 rg BT 309.36 61.90 Td (interest ) Tj ET Q q 0 0 0 rg BT 337.08 61.90 Td (expense ) Tj ET Q q 0 0 0 rg BT 368.70 61.90 Td (over ) Tj ET Q q 0 0 0 rg BT 386.02 61.90 Td (the ) Tj ET Q q 0 0 0 rg BT 399.02 61.90 Td (term ) Tj ET Q q 0 0 0 rg BT 416.77 61.90 Td (to ) Tj ET Q q 0 0 0 rg BT 425.43 61.90 Td (maturity ) Tj ET Q q 0 0 0 rg BT 455.31 61.90 Td (of ) Tj ET Q q 0 0 0 rg BT 463.97 61.90 Td (the ) Tj ET Q q 0 0 0 rg BT 476.97 61.90 Td (related ) Tj ET Q q 0 0 0 rg BT 502.96 61.90 Td (debt. ) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 22) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (Fees payable during the period to SMC and SLAM for services provided were as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 684.6 m 379.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 684.6 m 459.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 684.6 m 539.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 656.6 m 379.5 656.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 656.6 m 459.5 656.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 656.6 m 539.5 656.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 656.6 m 459.5 656.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 656.6 m 539.5 656.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 600.6 m 379.5 600.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 600.6 m 459.5 600.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 600.6 m 539.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 586.6 m 379.5 586.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 600.6 m 459.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 586.6 m 459.5 586.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 600.6 m 539.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 586.6 m 539.5 586.6 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 427.25 675.13 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 438.65 661.13 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 518.65 661.13 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 647.13 Td (Property management) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 647.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.90 647.13 Td (1,182) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 647.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 523.40 647.13 Td (948) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 633.13 Td (Asset management) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.90 633.13 Td (1,024) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 523.40 633.13 Td (768) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 619.13 Td (Leasing, financing and construction management) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 443.40 619.13 Td (683) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 619.13 Td (2,017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 605.13 Td (Acquisition) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.90 605.13 Td (2,284) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.60 605.13 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 591.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.90 591.13 Td (5,173) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 591.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 591.13 Td (3,733) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 572.70 Td (Property ) Tj ET Q q 0 0 0 rg BT 103.73 572.70 Td (administration ) Tj ET Q q 0 0 0 rg BT 154.51 572.70 Td (fees ) Tj ET Q q 0 0 0 rg BT 171.53 572.70 Td (are ) Tj ET Q q 0 0 0 rg BT 185.07 572.70 Td (generally ) Tj ET Q q 0 0 0 rg BT 218.97 572.70 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 261.96 572.70 Td (under ) Tj ET Q q 0 0 0 rg BT 284.17 572.70 Td (the ) Tj ET Q q 0 0 0 rg BT 297.29 572.70 Td (tenants) Tj ET Q q 0 0 0 rg BT 324.30 572.70 Td ( ) Tj ET Q q 0 0 0 rg BT 326.58 572.70 Td (leases ) Tj ET Q q 0 0 0 rg BT 351.39 572.70 Td (relating ) Tj ET Q q 0 0 0 rg BT 379.23 572.70 Td (to ) Tj ET Q q 0 0 0 rg BT 388.01 572.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 412.82 572.70 Td (or ) Tj ET Q q 0 0 0 rg BT 422.03 572.70 Td (resources ) Tj ET Q q 0 0 0 rg BT 458.52 572.70 Td (of ) Tj ET Q q 0 0 0 rg BT 467.31 572.70 Td (the ) Tj ET Q q 0 0 0 rg BT 480.43 572.70 Td (Manager ) Tj ET Q q 0 0 0 rg BT 513.46 572.70 Td (that ) Tj ET Q q 0 0 0 rg BT 528.74 572.70 Td (are ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 561.30 Td (directly ) Tj ET Q q 0 0 0 rg BT 98.41 561.30 Td (attributable ) Tj ET Q q 0 0 0 rg BT 138.69 561.30 Td (to ) Tj ET Q q 0 0 0 rg BT 146.93 561.30 Td (the ) Tj ET Q q 0 0 0 rg BT 159.49 561.30 Td (management ) Tj ET Q q 0 0 0 rg BT 206.70 561.30 Td (of ) Tj ET Q q 0 0 0 rg BT 214.93 561.30 Td (the ) Tj ET Q q 0 0 0 rg BT 227.49 561.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 246.83 561.30 Td (s ) Tj ET Q q 0 0 0 rg BT 252.46 561.30 Td (properties. ) Tj ET Q q 0 0 0 rg BT 291.00 561.30 Td (Property ) Tj ET Q q 0 0 0 rg BT 322.18 561.30 Td (administration ) Tj ET Q q 0 0 0 rg BT 372.41 561.30 Td (fees ) Tj ET Q q 0 0 0 rg BT 388.87 561.30 Td (were ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 407.48 561.30 Td ($2.0 ) Tj ET Q q 0 0 0 rg BT 424.38 561.30 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 446.46 561.30 Td ( ) Tj ET Q q 0 0 0 rg BT 448.19 561.30 Td (for ) Tj ET Q q 0 0 0 rg BT 459.02 561.30 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 471.58 561.30 Td (three ) Tj ET Q q 0 0 0 rg BT 491.07 561.30 Td (months ) Tj ET Q q 0 0 0 rg BT 518.35 561.30 Td (ended ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 549.90 Td (March ) Tj ET Q q 0 0 0 rg BT 95.67 549.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 108.52 549.90 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 125.85 549.90 Td ( ) Tj ET Q q 0 0 0 rg BT 127.87 549.90 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 130.46 549.90 Td (March31, ) Tj ET Q q 0 0 0 rg BT 167.12 549.90 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 184.45 549.90 Td ( ) Tj ET Q q 0 0 0 rg BT 186.47 549.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 192.83 549.90 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 210.01 549.90 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 232.09 549.90 Td (\). ) Tj ET Q q 0 0 0 rg BT 238.47 549.90 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 289.42 549.90 Td (fees ) Tj ET Q q 0 0 0 rg BT 306.17 549.90 Td (are ) Tj ET Q q 0 0 0 rg BT 319.44 549.90 Td (recovered ) Tj ET Q q 0 0 0 rg BT 356.11 549.90 Td (from ) Tj ET Q q 0 0 0 rg BT 373.71 549.90 Td (most ) Tj ET Q q 0 0 0 rg BT 392.62 549.90 Td (tenants ) Tj ET Q q 0 0 0 rg BT 420.20 549.90 Td (by ) Tj ET Q q 0 0 0 rg BT 430.45 549.90 Td (the ) Tj ET Q q 0 0 0 rg BT 443.30 549.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 460.91 549.90 Td ( ) Tj ET Q q 0 0 0 rg BT 462.93 549.90 Td (in ) Tj ET Q q 0 0 0 rg BT 471.01 549.90 Td (accordance ) Tj ET Q q 0 0 0 rg BT 513.31 549.90 Td (with ) Tj ET Q q 0 0 0 rg BT 529.18 549.90 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 538.50 Td (terms ) Tj ET Q q 0 0 0 rg BT 94.23 538.50 Td (of ) Tj ET Q q 0 0 0 rg BT 103.48 538.50 Td (the ) Tj ET Q q 0 0 0 rg BT 117.06 538.50 Td (leases, ) Tj ET Q q 0 0 0 rg BT 144.49 538.50 Td (whereas ) Tj ET Q q 0 0 0 rg BT 176.69 538.50 Td (property ) Tj ET Q q 0 0 0 rg BT 208.02 538.50 Td (management ) Tj ET Q q 0 0 0 rg BT 256.24 538.50 Td (fees ) Tj ET Q q 0 0 0 rg BT 273.72 538.50 Td (payable ) Tj ET Q q 0 0 0 rg BT 303.75 538.50 Td (by ) Tj ET Q q 0 0 0 rg BT 314.73 538.50 Td (the ) Tj ET Q q 0 0 0 rg BT 328.31 538.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 345.92 538.50 Td ( ) Tj ET Q q 0 0 0 rg BT 348.67 538.50 Td (to ) Tj ET Q q 0 0 0 rg BT 357.92 538.50 Td (the ) Tj ET Q q 0 0 0 rg BT 371.50 538.50 Td (Manager ) Tj ET Q q 0 0 0 rg BT 405.00 538.50 Td (are ) Tj ET Q q 0 0 0 rg BT 419.01 538.50 Td (determined ) Tj ET Q q 0 0 0 rg BT 460.73 538.50 Td (in ) Tj ET Q q 0 0 0 rg BT 469.54 538.50 Td (accordance ) Tj ET Q q 0 0 0 rg BT 512.57 538.50 Td (with ) Tj ET Q q 0 0 0 rg BT 529.17 538.50 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 527.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 119.21 527.10 Td (Agreement. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 512.70 Td (As ) Tj ET Q q 0 0 0 rg BT 83.47 512.70 Td (part ) Tj ET Q q 0 0 0 rg BT 99.28 512.70 Td (of ) Tj ET Q q 0 0 0 rg BT 108.16 512.70 Td (the ) Tj ET Q q 0 0 0 rg BT 121.37 512.70 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 146.89 512.70 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 186.08 512.70 Td (of ) Tj ET Q q 0 0 0 rg BT 194.96 512.70 Td (the ) Tj ET Q q 0 0 0 rg BT 208.18 512.70 Td (7 ) Tj ET Q q 0 0 0 rg BT 214.42 512.70 Td (Asset ) Tj ET Q q 0 0 0 rg BT 236.29 512.70 Td (Portfolio ) Tj ET Q q 0 0 0 rg BT 267.25 512.70 Td (from ) Tj ET Q q 0 0 0 rg BT 285.21 512.70 Td (SCREO ) Tj ET Q q 0 0 0 rg BT 315.29 512.70 Td (I ) Tj ET Q q 0 0 0 rg BT 319.84 512.70 Td (L.P) Tj ET Q q 0 0 0 rg BT 330.54 512.70 Td (. ) Tj ET Q q 0 0 0 rg BT 335.09 512.70 Td (on ) Tj ET Q q 0 0 0 rg BT 346.13 512.70 Td (March ) Tj ET Q q 0 0 0 rg BT 370.16 512.70 Td (27, ) Tj ET Q q 0 0 0 rg BT 383.37 512.70 Td (2018 ) Tj ET Q q 0 0 0 rg BT 403.08 512.70 Td (\(see ) Tj ET Q q 0 0 0 rg BT 420.62 512.70 Td (note ) Tj ET Q q 0 0 0 rg BT 438.16 512.70 Td (5\), ) Tj ET Q q 0 0 0 rg BT 449.64 512.70 Td (the ) Tj ET Q q 0 0 0 rg BT 462.85 512.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 480.46 512.70 Td ( ) Tj ET Q q 0 0 0 rg BT 482.84 512.70 Td (was ) Tj ET Q q 0 0 0 rg BT 499.07 512.70 Td (provided ) Tj ET Q q 0 0 0 rg BT 531.34 512.70 Td (an ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 501.30 Td (income ) Tj ET Q q 0 0 0 rg BT 99.62 501.30 Td (supplement ) Tj ET Q q 0 0 0 rg BT 142.41 501.30 Td (in ) Tj ET Q q 0 0 0 rg BT 150.98 501.30 Td (the ) Tj ET Q q 0 0 0 rg BT 164.32 501.30 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 201.91 501.30 Td (amount ) Tj ET Q q 0 0 0 rg BT 230.40 501.30 Td (of ) Tj ET Q q 0 0 0 rg BT 239.41 501.30 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 257.08 501.30 Td (million ) Tj ET Q q 0 0 0 rg BT 281.67 501.30 Td (to ) Tj ET Q q 0 0 0 rg BT 290.67 501.30 Td (be ) Tj ET Q q 0 0 0 rg BT 301.85 501.30 Td (received ) Tj ET Q q 0 0 0 rg BT 333.80 501.30 Td (in ) Tj ET Q q 0 0 0 rg BT 342.37 501.30 Td (equal ) Tj ET Q q 0 0 0 rg BT 363.94 501.30 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 396.75 501.30 Td (installments ) Tj ET Q q 0 0 0 rg BT 440.40 501.30 Td (in ) Tj ET Q q 0 0 0 rg BT 448.97 501.30 Td (each ) Tj ET Q q 0 0 0 rg BT 468.37 501.30 Td (of ) Tj ET Q q 0 0 0 rg BT 477.38 501.30 Td (the ) Tj ET Q q 0 0 0 rg BT 490.72 501.30 Td (eight ) Tj ET Q q 0 0 0 rg BT 510.12 501.30 Td (calendar ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 489.90 Td (quarters ) Tj ET Q q 0 0 0 rg BT 101.98 489.90 Td (following ) Tj ET Q q 0 0 0 rg BT 133.70 489.90 Td (the ) Tj ET Q q 0 0 0 rg BT 145.94 489.90 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 184.15 489.90 Td (of ) Tj ET Q q 0 0 0 rg BT 192.06 489.90 Td (the ) Tj ET Q q 0 0 0 rg BT 204.29 489.90 Td (7 ) Tj ET Q q 0 0 0 rg BT 209.75 489.90 Td (Asset ) Tj ET Q q 0 0 0 rg BT 230.65 489.90 Td (Portfolio ) Tj ET Q q 0 0 0 rg BT 260.63 489.90 Td (by ) Tj ET Q q 0 0 0 rg BT 270.27 489.90 Td (SCREO ) Tj ET Q q 0 0 0 rg BT 299.37 489.90 Td (I ) Tj ET Q q 0 0 0 rg BT 302.94 489.90 Td (L.P) Tj ET Q q 0 0 0 rg BT 313.64 489.90 Td (., ) Tj ET Q q 0 0 0 rg BT 319.37 489.90 Td (an ) Tj ET Q q 0 0 0 rg BT 329.44 489.90 Td (entity ) Tj ET Q q 0 0 0 rg BT 349.47 489.90 Td (for ) Tj ET Q q 0 0 0 rg BT 359.97 489.90 Td (which ) Tj ET Q q 0 0 0 rg BT 381.29 489.90 Td (SLAM ) Tj ET Q q 0 0 0 rg BT 403.91 489.90 Td (is ) Tj ET Q q 0 0 0 rg BT 410.94 489.90 Td (the ) Tj ET Q q 0 0 0 rg BT 423.18 489.90 Td (manager) Tj ET Q q 0 0 0 rg BT 453.49 489.90 Td (. ) Tj ET Q q 0 0 0 rg BT 457.07 489.90 Td ( ) Tj ET Q q 0 0 0 rg BT 458.38 489.90 Td (The ) Tj ET Q q 0 0 0 rg BT 473.21 489.90 Td (income ) Tj ET Q q 0 0 0 rg BT 499.73 489.90 Td (supplement ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 478.50 Td (is ) Tj ET Q q 0 0 0 rg BT 79.60 478.50 Td (recorded ) Tj ET Q q 0 0 0 rg BT 112.31 478.50 Td (as ) Tj ET Q q 0 0 0 rg BT 122.51 478.50 Td (an ) Tj ET Q q 0 0 0 rg BT 133.15 478.50 Td (other ) Tj ET Q q 0 0 0 rg BT 152.88 478.50 Td (asset ) Tj ET Q q 0 0 0 rg BT 173.47 478.50 Td (on ) Tj ET Q q 0 0 0 rg BT 184.11 478.50 Td (the ) Tj ET Q q 0 0 0 rg BT 196.91 478.50 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 242.63 478.50 Td (statements ) Tj ET Q q 0 0 0 rg BT 282.71 478.50 Td (of ) Tj ET Q q 0 0 0 rg BT 291.18 478.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 321.74 478.50 Td (position ) Tj ET Q q 0 0 0 rg BT 350.56 478.50 Td (at ) Tj ET Q q 0 0 0 rg BT 359.03 478.50 Td (amortized ) Tj ET Q q 0 0 0 rg BT 395.21 478.50 Td (cost. ) Tj ET Q q 0 0 0 rg BT 413.64 478.50 Td (During ) Tj ET Q q 0 0 0 rg BT 438.55 478.50 Td (the ) Tj ET Q q 0 0 0 rg BT 451.35 478.50 Td (three ) Tj ET Q q 0 0 0 rg BT 471.08 478.50 Td (month ) Tj ET Q q 0 0 0 rg BT 494.71 478.50 Td (period ) Tj ET Q q 0 0 0 rg BT 518.33 478.50 Td (ended ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 467.10 Td (March ) Tj ET Q q 0 0 0 rg BT 95.81 467.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 108.81 467.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 130.47 467.10 Td (the ) Tj ET Q q 0 0 0 rg BT 143.47 467.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 161.08 467.10 Td ( ) Tj ET Q q 0 0 0 rg BT 163.25 467.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 196.16 467.10 Td ($1 ) Tj ET Q q 0 0 0 rg BT 206.99 467.10 Td (thousand ) Tj ET Q q 0 0 0 rg BT 241.21 467.10 Td (as ) Tj ET Q q 0 0 0 rg BT 251.61 467.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 279.33 467.10 Td (income ) Tj ET Q q 0 0 0 rg BT 306.61 467.10 Td (in ) Tj ET Q q 0 0 0 rg BT 314.84 467.10 Td (the ) Tj ET Q q 0 0 0 rg BT 327.83 467.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 373.75 467.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 414.03 467.10 Td (of ) Tj ET Q q 0 0 0 rg BT 422.69 467.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 452.14 467.10 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 449.70 Td (The ) Tj ET Q q 0 0 0 rg BT 87.40 449.70 Td (following ) Tj ET Q q 0 0 0 rg BT 119.69 449.70 Td (are ) Tj ET Q q 0 0 0 rg BT 132.93 449.70 Td (the ) Tj ET Q q 0 0 0 rg BT 145.74 449.70 Td (assets ) Tj ET Q q 0 0 0 rg BT 170.24 449.70 Td (and ) Tj ET Q q 0 0 0 rg BT 185.22 449.70 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 216.64 449.70 Td (included ) Tj ET Q q 0 0 0 rg BT 247.64 449.70 Td (in ) Tj ET Q q 0 0 0 rg BT 255.68 449.70 Td (the ) Tj ET Q q 0 0 0 rg BT 268.50 449.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 314.22 449.70 Td (statements ) Tj ET Q q 0 0 0 rg BT 354.31 449.70 Td (of ) Tj ET Q q 0 0 0 rg BT 362.79 449.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 393.36 449.70 Td (position ) Tj ET Q q 0 0 0 rg BT 422.19 449.70 Td (of ) Tj ET Q q 0 0 0 rg BT 430.67 449.70 Td (the ) Tj ET Q q 0 0 0 rg BT 443.48 449.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 461.09 449.70 Td ( ) Tj ET Q q 0 0 0 rg BT 463.07 449.70 Td (related ) Tj ET Q q 0 0 0 rg BT 488.87 449.70 Td (to ) Tj ET Q q 0 0 0 rg BT 497.35 449.70 Td (SMC, ) Tj ET Q q 0 0 0 rg BT 518.80 449.70 Td (SLAM ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 438.30 Td (and ) Tj ET Q q 0 0 0 rg BT 87.16 438.30 Td (SCREO ) Tj ET Q q 0 0 0 rg BT 117.03 438.30 Td (I ) Tj ET Q q 0 0 0 rg BT 121.36 438.30 Td (L.P) Tj ET Q q 0 0 0 rg BT 132.06 438.30 Td (.:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 424.8 m 380.5 424.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 410.8 m 380.5 410.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 424.8 m 460.5 424.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 410.8 m 460.5 410.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 424.8 m 540.5 424.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 410.8 m 540.5 410.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 410.8 m 460.5 410.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 410.8 m 540.5 410.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 354.8 m 380.5 354.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 354.8 m 460.5 354.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 354.8 m 540.5 354.8 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 415.33 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 415.33 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 401.33 Td (Income supplement receivable) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 401.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.90 401.33 Td (2,270) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 401.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 401.33 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 387.33 Td (Accounts receivable) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 387.33 Td (394) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.40 387.33 Td (461) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 373.33 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.40 373.33 Td (780) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.90 373.33 Td (1,028) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 359.33 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 113.40 359.33 Td ( units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 359.33 Td (40,273) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 359.33 Td (43,021) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 337.90 Td (22. ) Tj ET Q q 0 0 0 rg BT 85.00 337.90 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 337.90 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 337.90 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 337.90 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 337.90 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 337.90 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 337.90 Td (Fair ) Tj ET Q q 0 0 0 rg BT 114.45 337.90 Td (values) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 320.50 Td (The ) Tj ET Q q 0 0 0 rg BT 86.74 320.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 104.35 320.50 Td ( ) Tj ET Q q 0 0 0 rg BT 105.67 320.50 Td (uses ) Tj ET Q q 0 0 0 rg BT 123.45 320.50 Td (various ) Tj ET Q q 0 0 0 rg BT 149.88 320.50 Td (methods ) Tj ET Q q 0 0 0 rg BT 181.08 320.50 Td (in ) Tj ET Q q 0 0 0 rg BT 188.47 320.50 Td (estimating ) Tj ET Q q 0 0 0 rg BT 225.30 320.50 Td (the ) Tj ET Q q 0 0 0 rg BT 237.45 320.50 Td (fair ) Tj ET Q q 0 0 0 rg BT 249.59 320.50 Td (values ) Tj ET Q q 0 0 0 rg BT 273.43 320.50 Td (of ) Tj ET Q q 0 0 0 rg BT 281.25 320.50 Td (assets ) Tj ET Q q 0 0 0 rg BT 305.09 320.50 Td (and ) Tj ET Q q 0 0 0 rg BT 319.41 320.50 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 350.17 320.50 Td (recognized ) Tj ET Q q 0 0 0 rg BT 389.60 320.50 Td (and ) Tj ET Q q 0 0 0 rg BT 403.92 320.50 Td (measured ) Tj ET Q q 0 0 0 rg BT 439.88 320.50 Td (at ) Tj ET Q q 0 0 0 rg BT 447.70 320.50 Td (fair ) Tj ET Q q 0 0 0 rg BT 459.84 320.50 Td (value ) Tj ET Q q 0 0 0 rg BT 479.78 320.50 Td (in ) Tj ET Q q 0 0 0 rg BT 487.16 320.50 Td (its ) Tj ET Q q 0 0 0 rg BT 496.28 320.50 Td (consolidated ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 309.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 101.82 309.10 Td (statements. ) Tj ET Q q 0 0 0 rg BT 143.25 309.10 Td (The ) Tj ET Q q 0 0 0 rg BT 157.91 309.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 175.51 309.10 Td ( ) Tj ET Q q 0 0 0 rg BT 176.75 309.10 Td (has ) Tj ET Q q 0 0 0 rg BT 190.54 309.10 Td (a ) Tj ET Q q 0 0 0 rg BT 196.10 309.10 Td (management ) Tj ET Q q 0 0 0 rg BT 242.81 309.10 Td (team ) Tj ET Q q 0 0 0 rg BT 261.36 309.10 Td (that ) Tj ET Q q 0 0 0 rg BT 275.59 309.10 Td (has ) Tj ET Q q 0 0 0 rg BT 289.38 309.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 313.56 309.10 Td (responsibility ) Tj ET Q q 0 0 0 rg BT 359.83 309.10 Td (for ) Tj ET Q q 0 0 0 rg BT 370.15 309.10 Td (overseeing ) Tj ET Q q 0 0 0 rg BT 409.49 309.10 Td (all ) Tj ET Q q 0 0 0 rg BT 418.52 309.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 454.40 309.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 466.45 309.10 Td (value ) Tj ET Q q 0 0 0 rg BT 486.31 309.10 Td (measurements. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 297.70 Td (Significant ) Tj ET Q q 0 0 0 rg BT 110.56 297.70 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 159.95 297.70 Td (inputs ) Tj ET Q q 0 0 0 rg BT 183.36 297.70 Td (and ) Tj ET Q q 0 0 0 rg BT 198.97 297.70 Td (valuation ) Tj ET Q q 0 0 0 rg BT 232.77 297.70 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 277.39 297.70 Td (are ) Tj ET Q q 0 0 0 rg BT 291.26 297.70 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 325.05 297.70 Td (on ) Tj ET Q q 0 0 0 rg BT 336.33 297.70 Td (a ) Tj ET Q q 0 0 0 rg BT 343.27 297.70 Td (regular ) Tj ET Q q 0 0 0 rg BT 370.13 297.70 Td (basis. ) Tj ET Q q 0 0 0 rg BT 393.10 297.70 Td (In ) Tj ET Q q 0 0 0 rg BT 402.22 297.70 Td (addition, ) Tj ET Q q 0 0 0 rg BT 434.29 297.70 Td (when ) Tj ET Q q 0 0 0 rg BT 455.52 297.70 Td (third ) Tj ET Q q 0 0 0 rg BT 473.29 297.70 Td (party ) Tj ET Q q 0 0 0 rg BT 493.22 297.70 Td (information ) Tj ET Q q 0 0 0 rg BT 534.38 297.70 Td (is ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 286.30 Td (used ) Tj ET Q q 0 0 0 rg BT 91.06 286.30 Td (to ) Tj ET Q q 0 0 0 rg BT 99.73 286.30 Td (measure ) Tj ET Q q 0 0 0 rg BT 132.20 286.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 145.19 286.30 Td (values, ) Tj ET Q q 0 0 0 rg BT 172.05 286.30 Td (supporting ) Tj ET Q q 0 0 0 rg BT 210.59 286.30 Td (evidence ) Tj ET Q q 0 0 0 rg BT 243.95 286.30 Td (is ) Tj ET Q q 0 0 0 rg BT 251.74 286.30 Td (obtained ) Tj ET Q q 0 0 0 rg BT 283.80 286.30 Td (and ) Tj ET Q q 0 0 0 rg BT 298.96 286.30 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 332.30 286.30 Td (to ) Tj ET Q q 0 0 0 rg BT 340.97 286.30 Td (ensure ) Tj ET Q q 0 0 0 rg BT 366.95 286.30 Td (compliance ) Tj ET Q q 0 0 0 rg BT 408.53 286.30 Td (with ) Tj ET Q q 0 0 0 rg BT 424.54 286.30 Td (the ) Tj ET Q q 0 0 0 rg BT 437.54 286.30 Td (IFRS ) Tj ET Q q 0 0 0 rg BT 457.45 286.30 Td (requirements. ) Tj ET Q q 0 0 0 rg BT 507.25 286.30 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 268.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 268.90 Td (following ) Tj ET Q q 0 0 0 rg BT 120.07 268.90 Td (categories ) Tj ET Q q 0 0 0 rg BT 158.18 268.90 Td (in ) Tj ET Q q 0 0 0 rg BT 166.41 268.90 Td (the ) Tj ET Q q 0 0 0 rg BT 179.41 268.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 192.40 268.90 Td (value ) Tj ET Q q 0 0 0 rg BT 213.19 268.90 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 247.39 268.90 Td (reflect ) Tj ET Q q 0 0 0 rg BT 270.78 268.90 Td (the ) Tj ET Q q 0 0 0 rg BT 283.78 268.90 Td (significance ) Tj ET Q q 0 0 0 rg BT 326.65 268.90 Td (of ) Tj ET Q q 0 0 0 rg BT 335.32 268.90 Td (inputs ) Tj ET Q q 0 0 0 rg BT 358.28 268.90 Td (used ) Tj ET Q q 0 0 0 rg BT 377.34 268.90 Td (in ) Tj ET Q q 0 0 0 rg BT 385.57 268.90 Td (determining ) Tj ET Q q 0 0 0 rg BT 428.44 268.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 441.43 268.90 Td (values:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 251.50 Td (Level ) Tj ET Q q 0 0 0 rg BT 92.79 251.50 Td (1 ) Tj ET Q q 0 0 0 rg BT 99.29 251.50 Td (- ) Tj ET Q q 0 0 0 rg BT 104.05 251.50 Td (quoted ) Tj ET Q q 0 0 0 rg BT 130.05 251.50 Td (prices ) Tj ET Q q 0 0 0 rg BT 152.99 251.50 Td (in ) Tj ET Q q 0 0 0 rg BT 161.22 251.50 Td (active ) Tj ET Q q 0 0 0 rg BT 183.74 251.50 Td (markets;) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 234.10 Td (Level ) Tj ET Q q 0 0 0 rg BT 92.27 234.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 98.24 234.10 Td (- ) Tj ET Q q 0 0 0 rg BT 102.48 234.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 124.91 234.10 Td (other ) Tj ET Q q 0 0 0 rg BT 144.31 234.10 Td (than ) Tj ET Q q 0 0 0 rg BT 161.11 234.10 Td (quoted ) Tj ET Q q 0 0 0 rg BT 186.58 234.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 209.01 234.10 Td (in ) Tj ET Q q 0 0 0 rg BT 216.71 234.10 Td (active ) Tj ET Q q 0 0 0 rg BT 238.71 234.10 Td (markets ) Tj ET Q q 0 0 0 rg BT 268.06 234.10 Td (or ) Tj ET Q q 0 0 0 rg BT 276.62 234.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 309.45 234.10 Td (techniques ) Tj ET Q q 0 0 0 rg BT 348.78 234.10 Td (where ) Tj ET Q q 0 0 0 rg BT 371.63 234.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 407.92 234.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 430.35 234.10 Td (are ) Tj ET Q q 0 0 0 rg BT 443.25 234.10 Td (based ) Tj ET Q q 0 0 0 rg BT 466.12 234.10 Td (on ) Tj ET Q q 0 0 0 rg BT 476.43 234.10 Td (observable ) Tj ET Q q 0 0 0 rg BT 516.18 234.10 Td (market ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 222.70 Td (data; ) Tj ET Q q 0 0 0 rg BT 91.50 222.70 Td (and) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 205.30 Td (Level ) Tj ET Q q 0 0 0 rg BT 92.79 205.30 Td (3 ) Tj ET Q q 0 0 0 rg BT 99.29 205.30 Td (- ) Tj ET Q q 0 0 0 rg BT 104.05 205.30 Td (valuation ) Tj ET Q q 0 0 0 rg BT 137.40 205.30 Td (technique ) Tj ET Q q 0 0 0 rg BT 173.36 205.30 Td (for ) Tj ET Q q 0 0 0 rg BT 184.62 205.30 Td (which ) Tj ET Q q 0 0 0 rg BT 206.70 205.30 Td (significant ) Tj ET Q q 0 0 0 rg BT 243.51 205.30 Td (inputs ) Tj ET Q q 0 0 0 rg BT 266.47 205.30 Td (are ) Tj ET Q q 0 0 0 rg BT 279.89 205.30 Td (not ) Tj ET Q q 0 0 0 rg BT 292.89 205.30 Td (based ) Tj ET Q q 0 0 0 rg BT 316.28 205.30 Td (on ) Tj ET Q q 0 0 0 rg BT 327.12 205.30 Td (observable ) Tj ET Q q 0 0 0 rg BT 367.39 205.30 Td (market ) Tj ET Q q 0 0 0 rg BT 393.37 205.30 Td (data.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 187.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.93 187.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 101.26 187.90 Td (values ) Tj ET Q q 0 0 0 rg BT 126.29 187.90 Td (of ) Tj ET Q q 0 0 0 rg BT 135.29 187.90 Td (the ) Tj ET Q q 0 0 0 rg BT 148.63 187.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 167.97 187.90 Td (s ) Tj ET Q q 0 0 0 rg BT 174.37 187.90 Td (cash, ) Tj ET Q q 0 0 0 rg BT 195.50 187.90 Td (restricted ) Tj ET Q q 0 0 0 rg BT 230.05 187.90 Td (cash, ) Tj ET Q q 0 0 0 rg BT 251.18 187.90 Td (accounts ) Tj ET Q q 0 0 0 rg BT 284.87 187.90 Td (receivable, ) Tj ET Q q 0 0 0 rg BT 325.05 187.90 Td (other ) Tj ET Q q 0 0 0 rg BT 345.31 187.90 Td (assets ) Tj ET Q q 0 0 0 rg BT 370.34 187.90 Td (and ) Tj ET Q q 0 0 0 rg BT 385.84 187.90 Td (accounts ) Tj ET Q q 0 0 0 rg BT 419.54 187.90 Td (payable ) Tj ET Q q 0 0 0 rg BT 449.33 187.90 Td (and ) Tj ET Q q 0 0 0 rg BT 464.83 187.90 Td (accrued ) Tj ET Q q 0 0 0 rg BT 495.06 187.90 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 527.01 187.90 Td (and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 176.50 Td (other ) Tj ET Q q 0 0 0 rg BT 92.20 176.50 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 124.08 176.50 Td (approximate ) Tj ET Q q 0 0 0 rg BT 169.39 176.50 Td (their ) Tj ET Q q 0 0 0 rg BT 186.99 176.50 Td (carrying ) Tj ET Q q 0 0 0 rg BT 217.14 176.50 Td (amounts ) Tj ET Q q 0 0 0 rg BT 249.46 176.50 Td (due ) Tj ET Q q 0 0 0 rg BT 264.90 176.50 Td (to ) Tj ET Q q 0 0 0 rg BT 273.84 176.50 Td (the ) Tj ET Q q 0 0 0 rg BT 287.11 176.50 Td (relatively ) Tj ET Q q 0 0 0 rg BT 320.29 176.50 Td (short ) Tj ET Q q 0 0 0 rg BT 340.05 176.50 Td (periods ) Tj ET Q q 0 0 0 rg BT 368.04 176.50 Td (to ) Tj ET Q q 0 0 0 rg BT 376.98 176.50 Td (maturity ) Tj ET Q q 0 0 0 rg BT 407.13 176.50 Td (of ) Tj ET Q q 0 0 0 rg BT 416.07 176.50 Td (these ) Tj ET Q q 0 0 0 rg BT 437.57 176.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 468.60 176.50 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 513.32 176.50 Td (The ) Tj ET Q q 0 0 0 rg BT 529.19 176.50 Td (fair ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 165.10 Td (value ) Tj ET Q q 0 0 0 rg BT 92.71 165.10 Td (of ) Tj ET Q q 0 0 0 rg BT 101.29 165.10 Td (the ) Tj ET Q q 0 0 0 rg BT 114.20 165.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 133.54 165.10 Td (s ) Tj ET Q q 0 0 0 rg BT 139.52 165.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 172.78 165.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 193.91 165.10 Td (facility) Tj ET Q q 0 0 0 rg BT 214.99 165.10 Td (, ) Tj ET Q q 0 0 0 rg BT 219.24 165.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 252.50 165.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 287.07 165.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 310.80 165.10 Td (and ) Tj ET Q q 0 0 0 rg BT 325.88 165.10 Td (term ) Tj ET Q q 0 0 0 rg BT 343.54 165.10 Td (loan, ) Tj ET Q q 0 0 0 rg BT 362.52 165.10 Td (approximates ) Tj ET Q q 0 0 0 rg BT 411.37 165.10 Td (their ) Tj ET Q q 0 0 0 rg BT 428.61 165.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 458.40 165.10 Td (value ) Tj ET Q q 0 0 0 rg BT 479.10 165.10 Td (since ) Tj ET Q q 0 0 0 rg BT 499.37 165.10 Td (the ) Tj ET Q q 0 0 0 rg BT 512.29 165.10 Td (facilities ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 153.70 Td (bear ) Tj ET Q q 0 0 0 rg BT 89.90 153.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 117.76 153.70 Td (at ) Tj ET Q q 0 0 0 rg BT 126.57 153.70 Td (floating ) Tj ET Q q 0 0 0 rg BT 154.00 153.70 Td (market ) Tj ET Q q 0 0 0 rg BT 180.12 153.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 207.98 153.70 Td (rates. ) Tj ET Q q 0 0 0 rg BT 229.78 153.70 Td (Mortgages ) Tj ET Q q 0 0 0 rg BT 268.90 153.70 Td (are ) Tj ET Q q 0 0 0 rg BT 282.46 153.70 Td (measured ) Tj ET Q q 0 0 0 rg BT 319.41 153.70 Td (at ) Tj ET Q q 0 0 0 rg BT 328.22 153.70 Td (amortized ) Tj ET Q q 0 0 0 rg BT 364.74 153.70 Td (cost, ) Tj ET Q q 0 0 0 rg BT 383.51 153.70 Td (and ) Tj ET Q q 0 0 0 rg BT 398.81 153.70 Td (their ) Tj ET Q q 0 0 0 rg BT 416.28 153.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 429.41 153.70 Td (values ) Tj ET Q q 0 0 0 rg BT 454.24 153.70 Td (are ) Tj ET Q q 0 0 0 rg BT 467.81 153.70 Td (based ) Tj ET Q q 0 0 0 rg BT 491.34 153.70 Td (on ) Tj ET Q q 0 0 0 rg BT 502.32 153.70 Td (discounted ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 142.30 Td (future ) Tj ET Q q 0 0 0 rg BT 94.09 142.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 112.71 142.30 Td (flows ) Tj ET Q q 0 0 0 rg BT 132.63 142.30 Td (using ) Tj ET Q q 0 0 0 rg BT 153.42 142.30 Td (discount ) Tj ET Q q 0 0 0 rg BT 184.61 142.30 Td (rates ) Tj ET Q q 0 0 0 rg BT 204.09 142.30 Td (that ) Tj ET Q q 0 0 0 rg BT 219.26 142.30 Td (reflect ) Tj ET Q q 0 0 0 rg BT 242.64 142.30 Td (current ) Tj ET Q q 0 0 0 rg BT 269.06 142.30 Td (market ) Tj ET Q q 0 0 0 rg BT 295.04 142.30 Td (conditions ) Tj ET Q q 0 0 0 rg BT 332.28 142.30 Td (for ) Tj ET Q q 0 0 0 rg BT 343.54 142.30 Td (instruments ) Tj ET Q q 0 0 0 rg BT 385.98 142.30 Td (with ) Tj ET Q q 0 0 0 rg BT 402.00 142.30 Td (similar ) Tj ET Q q 0 0 0 rg BT 426.67 142.30 Td (terms ) Tj ET Q q 0 0 0 rg BT 448.31 142.30 Td (and ) Tj ET Q q 0 0 0 rg BT 463.48 142.30 Td (risks. ) Tj ET Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 23) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.35 695.10 Td (following ) Tj ET Q q 0 0 0 rg BT 119.59 695.10 Td (tables ) Tj ET Q q 0 0 0 rg BT 142.31 695.10 Td (summarize ) Tj ET Q q 0 0 0 rg BT 182.33 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 195.09 695.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 207.84 695.10 Td (value ) Tj ET Q q 0 0 0 rg BT 228.39 695.10 Td (measurements ) Tj ET Q q 0 0 0 rg BT 281.84 695.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 321.88 695.10 Td (on ) Tj ET Q q 0 0 0 rg BT 332.47 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 345.23 695.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 390.91 695.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 430.95 695.10 Td (of ) Tj ET Q q 0 0 0 rg BT 439.37 695.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 469.89 695.10 Td (position ) Tj ET Q q 0 0 0 rg BT 498.67 695.10 Td (or ) Tj ET Q q 0 0 0 rg BT 507.52 695.10 Td (disclosed ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 683.70 Td (in ) Tj ET Q q 0 0 0 rg BT 80.23 683.70 Td (the ) Tj ET Q q 0 0 0 rg BT 93.23 683.70 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 118.53 683.70 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 164.44 683.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 195.19 683.70 Td (statements, ) Tj ET Q q 0 0 0 rg BT 237.64 683.70 Td (categorized ) Tj ET Q q 0 0 0 rg BT 280.08 683.70 Td (by ) Tj ET Q q 0 0 0 rg BT 290.48 683.70 Td (fair ) Tj ET Q q 0 0 0 rg BT 303.47 683.70 Td (value ) Tj ET Q q 0 0 0 rg BT 324.26 683.70 Td (hierarchy:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 673.2 m 194.5 673.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194.5 673.2 m 220.5 673.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 673.2 m 300.5 673.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 673.2 m 380.5 673.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 673.2 m 460.5 673.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 673.2 m 540.5 673.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 659.2 m 380.5 659.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 659.2 m 460.5 659.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 659.2 m 540.5 659.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 645.2 m 194.5 645.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 194.5 645.2 m 220.5 645.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 645.2 m 300.5 645.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 645.2 m 380.5 645.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 645.2 m 460.5 645.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 645.2 m 540.5 645.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 533.2 m 194.5 533.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194.5 533.2 m 220.5 533.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 533.2 m 300.5 533.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 533.2 m 380.5 533.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 533.2 m 460.5 533.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 533.2 m 540.5 533.2 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 420.60 663.73 Td (Fair value) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 649.73 Td (March 31, 2018) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 198.30 649.73 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 234.65 649.73 Td (Carrying amount) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 350.55 649.73 Td (Level 1) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 430.55 649.73 Td (Level 2) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 510.55 649.73 Td (Level 3) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 635.73 Td (Recorded at fair value) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 621.73 Td (Properties) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 204.80 621.68 Td (4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 223.00 621.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 262.70 621.73 Td (1,581,997) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.00 621.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 369.60 621.78 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.00 621.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 621.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 621.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 502.70 621.73 Td (1,581,997) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 607.73 Td (Derivatives, net) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 202.65 607.68 Td (12) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 275.30 607.73 Td (\(1,054) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 297.40 607.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 369.60 607.78 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 435.30 607.73 Td (\(1,054) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 457.40 607.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 607.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 593.73 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 113.47 593.73 Td ( units) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 202.65 593.68 Td (13) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 270.95 593.73 Td (\(40,273) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 297.40 593.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.95 593.73 Td (\(40,273) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 377.40 593.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 593.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 593.73 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 579.73 Td (Fair values disclosed) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 565.73 Td (Cash) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 223.00 565.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 277.90 565.73 Td (3,846) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.00 565.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.90 565.73 Td (3,846) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.00 565.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 565.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 565.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 565.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 551.73 Td (Restricted cash) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 284.40 551.73 Td (594) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 364.40 551.73 Td (594) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 551.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 551.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 537.73 Td (Debt) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 202.65 537.68 Td (10) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 260.10 537.73 Td (\(1,003,951) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 297.40 537.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 369.60 537.78 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 420.10 537.73 Td (\(1,009,682) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 457.40 537.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 537.73 Td () Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 523.2 m 193.5 523.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 523.2 m 220.5 523.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 523.2 m 300.5 523.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 523.2 m 380.5 523.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 523.2 m 460.5 523.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 523.2 m 540.5 523.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 495.2 m 193.5 495.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 193.5 495.2 m 220.5 495.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 220.5 495.2 m 300.5 495.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 509.2 m 380.5 509.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 300.5 495.2 m 380.5 495.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 509.2 m 460.5 509.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 495.2 m 460.5 495.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 509.2 m 540.5 509.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 495.2 m 540.5 495.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 383.2 m 193.5 383.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 383.2 m 220.5 383.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 383.2 m 300.5 383.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 383.2 m 380.5 383.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 383.2 m 460.5 383.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 383.2 m 540.5 383.2 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 420.60 513.73 Td (Fair value) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 499.73 Td (December 31, 2017) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 197.80 499.73 Td (Note) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 234.65 499.73 Td (Carrying amount) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 350.55 499.73 Td (Level 1) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 430.55 499.73 Td (Level 2) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 510.55 499.73 Td (Level 3) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 485.73 Td (Recorded at fair value) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 471.73 Td (Properties) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 204.30 471.68 Td (4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 223.00 471.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 262.70 471.73 Td (1,279,509) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.00 471.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 369.60 471.78 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.00 471.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 471.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 471.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 502.70 471.73 Td (1,279,509) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 457.73 Td (Derivatives) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 202.15 457.68 Td (12) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 281.80 457.73 Td (\(538) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 297.40 457.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 369.60 457.78 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 441.80 457.73 Td (\(538) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 457.40 457.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 457.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 443.73 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 113.47 443.73 Td ( units) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 202.15 443.68 Td (13) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 270.95 443.73 Td (\(43,021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 297.40 443.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.95 443.73 Td (\(43,021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 377.40 443.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 443.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 443.73 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 75.00 429.73 Td (Fair values disclosed) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 415.73 Td (Cash) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 223.00 415.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 277.90 415.73 Td (9,153) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.00 415.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.90 415.73 Td (9,153) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.00 415.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 415.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 415.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 415.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 401.73 Td (Restricted cash) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 284.40 401.73 Td (594) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 364.40 401.73 Td (594) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.60 401.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 401.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 387.73 Td (Debt) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 202.15 387.68 Td (10) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 266.60 387.73 Td (\(795,591) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 297.40 387.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 369.60 387.78 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 426.60 387.73 Td (\(794,932) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 457.40 387.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.60 387.73 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 366.30 Td (23. ) Tj ET Q q 0 0 0 rg BT 85.00 366.30 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 366.30 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 366.30 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 366.30 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 366.30 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 366.30 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 366.30 Td (Risk ) Tj ET Q q 0 0 0 rg BT 116.62 366.30 Td (management) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 348.90 Td (In ) Tj ET Q q 0 0 0 rg BT 81.13 348.90 Td (the ) Tj ET Q q 0 0 0 rg BT 94.60 348.90 Td (normal ) Tj ET Q q 0 0 0 rg BT 121.05 348.90 Td (course ) Tj ET Q q 0 0 0 rg BT 147.07 348.90 Td (of ) Tj ET Q q 0 0 0 rg BT 156.20 348.90 Td (business, ) Tj ET Q q 0 0 0 rg BT 191.75 348.90 Td (the ) Tj ET Q q 0 0 0 rg BT 205.22 348.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 222.83 348.90 Td ( ) Tj ET Q q 0 0 0 rg BT 225.46 348.90 Td (is ) Tj ET Q q 0 0 0 rg BT 233.73 348.90 Td (exposed ) Tj ET Q q 0 0 0 rg BT 265.82 348.90 Td (to ) Tj ET Q q 0 0 0 rg BT 274.95 348.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 306.17 348.90 Td (risks ) Tj ET Q q 0 0 0 rg BT 324.82 348.90 Td (that ) Tj ET Q q 0 0 0 rg BT 340.45 348.90 Td (arise ) Tj ET Q q 0 0 0 rg BT 359.97 348.90 Td (from ) Tj ET Q q 0 0 0 rg BT 378.19 348.90 Td (its ) Tj ET Q q 0 0 0 rg BT 388.62 348.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 419.84 348.90 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 464.91 348.90 Td (Other ) Tj ET Q q 0 0 0 rg BT 487.03 348.90 Td (than ) Tj ET Q q 0 0 0 rg BT 504.83 348.90 Td (the ) Tj ET Q q 0 0 0 rg BT 518.30 348.90 Td (use ) Tj ET Q q 0 0 0 rg BT 533.50 348.90 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 337.50 Td (interest ) Tj ET Q q 0 0 0 rg BT 99.86 337.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 115.59 337.50 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 155.14 337.50 Td (related ) Tj ET Q q 0 0 0 rg BT 181.27 337.50 Td (to ) Tj ET Q q 0 0 0 rg BT 190.08 337.50 Td (its ) Tj ET Q q 0 0 0 rg BT 200.18 337.50 Td (floating ) Tj ET Q q 0 0 0 rg BT 227.62 337.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 243.35 337.50 Td (mortgages ) Tj ET Q q 0 0 0 rg BT 282.47 337.50 Td (payable, ) Tj ET Q q 0 0 0 rg BT 314.23 337.50 Td (the ) Tj ET Q q 0 0 0 rg BT 327.37 337.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 344.98 337.50 Td ( ) Tj ET Q q 0 0 0 rg BT 347.29 337.50 Td (does ) Tj ET Q q 0 0 0 rg BT 366.49 337.50 Td (not ) Tj ET Q q 0 0 0 rg BT 379.64 337.50 Td (use ) Tj ET Q q 0 0 0 rg BT 394.51 337.50 Td (hedging ) Tj ET Q q 0 0 0 rg BT 424.54 337.50 Td (transactions ) Tj ET Q q 0 0 0 rg BT 468.86 337.50 Td (to ) Tj ET Q q 0 0 0 rg BT 477.67 337.50 Td (manage ) Tj ET Q q 0 0 0 rg BT 508.13 337.50 Td (risk. ) Tj ET Q q 0 0 0 rg BT 524.27 337.50 Td (As ) Tj ET Q q 0 0 0 rg BT 535.67 337.50 Td (a ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 326.10 Td (part ) Tj ET Q q 0 0 0 rg BT 88.07 326.10 Td (of ) Tj ET Q q 0 0 0 rg BT 97.21 326.10 Td (the ) Tj ET Q q 0 0 0 rg BT 110.68 326.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 136.27 326.10 Td (operation ) Tj ET Q q 0 0 0 rg BT 171.40 326.10 Td (of ) Tj ET Q q 0 0 0 rg BT 180.54 326.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.01 326.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 210.89 326.10 Td (, ) Tj ET Q q 0 0 0 rg BT 215.70 326.10 Td (management ) Tj ET Q q 0 0 0 rg BT 263.81 326.10 Td (takes ) Tj ET Q q 0 0 0 rg BT 285.08 326.10 Td (steps ) Tj ET Q q 0 0 0 rg BT 306.35 326.10 Td (to ) Tj ET Q q 0 0 0 rg BT 315.49 326.10 Td (avoid ) Tj ET Q q 0 0 0 rg BT 336.75 326.10 Td (undue ) Tj ET Q q 0 0 0 rg BT 361.06 326.10 Td (concentrations ) Tj ET Q q 0 0 0 rg BT 414.37 326.10 Td (of ) Tj ET Q q 0 0 0 rg BT 423.51 326.10 Td (risks. ) Tj ET Q q 0 0 0 rg BT 444.17 326.10 Td (The ) Tj ET Q q 0 0 0 rg BT 460.24 326.10 Td (following ) Tj ET Q q 0 0 0 rg BT 493.19 326.10 Td (describes ) Tj ET Q q 0 0 0 rg BT 529.17 326.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 314.70 Td (types ) Tj ET Q q 0 0 0 rg BT 92.79 314.70 Td (of ) Tj ET Q q 0 0 0 rg BT 101.46 314.70 Td (risks ) Tj ET Q q 0 0 0 rg BT 119.64 314.70 Td (that ) Tj ET Q q 0 0 0 rg BT 134.80 314.70 Td (the ) Tj ET Q q 0 0 0 rg BT 147.80 314.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 165.41 314.70 Td ( ) Tj ET Q q 0 0 0 rg BT 167.57 314.70 Td (is ) Tj ET Q q 0 0 0 rg BT 175.37 314.70 Td (exposed ) Tj ET Q q 0 0 0 rg BT 206.99 314.70 Td (to ) Tj ET Q q 0 0 0 rg BT 215.66 314.70 Td (and ) Tj ET Q q 0 0 0 rg BT 230.82 314.70 Td (its ) Tj ET Q q 0 0 0 rg BT 240.78 314.70 Td (objectives ) Tj ET Q q 0 0 0 rg BT 277.59 314.70 Td (and ) Tj ET Q q 0 0 0 rg BT 292.76 314.70 Td (policies ) Tj ET Q q 0 0 0 rg BT 320.91 314.70 Td (for ) Tj ET Q q 0 0 0 rg BT 332.16 314.70 Td (managing ) Tj ET Q q 0 0 0 rg BT 368.55 314.70 Td (those ) Tj ET Q q 0 0 0 rg BT 389.77 314.70 Td (risk ) Tj ET Q q 0 0 0 rg BT 404.06 314.70 Td (exposures:) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 297.30 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 102.75 297.30 Td (risk) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 279.90 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 102.75 279.90 Td (risk ) Tj ET Q q 0 0 0 rg BT 117.03 279.90 Td (is ) Tj ET Q q 0 0 0 rg BT 124.83 279.90 Td (the ) Tj ET Q q 0 0 0 rg BT 137.83 279.90 Td (risk ) Tj ET Q q 0 0 0 rg BT 152.11 279.90 Td (that ) Tj ET Q q 0 0 0 rg BT 167.27 279.90 Td (the ) Tj ET Q q 0 0 0 rg BT 180.27 279.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 197.88 279.90 Td ( ) Tj ET Q q 0 0 0 rg BT 200.05 279.90 Td (will ) Tj ET Q q 0 0 0 rg BT 213.03 279.90 Td (encounter ) Tj ET Q q 0 0 0 rg BT 249.84 279.90 Td (dif) Tj ET Q q 0 0 0 rg BT 257.94 279.90 Td (ficulty ) Tj ET Q q 0 0 0 rg BT 280.03 279.90 Td (in ) Tj ET Q q 0 0 0 rg BT 288.25 279.90 Td (meeting ) Tj ET Q q 0 0 0 rg BT 318.14 279.90 Td (its ) Tj ET Q q 0 0 0 rg BT 328.10 279.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 345.43 279.90 Td (and ) Tj ET Q q 0 0 0 rg BT 360.59 279.90 Td (other ) Tj ET Q q 0 0 0 rg BT 380.52 279.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 411.27 279.90 Td (obligations ) Tj ET Q q 0 0 0 rg BT 450.68 279.90 Td (as ) Tj ET Q q 0 0 0 rg BT 461.08 279.90 Td (they ) Tj ET Q q 0 0 0 rg BT 477.97 279.90 Td (mature.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 262.50 Td (The ) Tj ET Q q 0 0 0 rg BT 87.62 262.50 Td (principal ) Tj ET Q q 0 0 0 rg BT 118.82 262.50 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 146.99 262.50 Td (needs ) Tj ET Q q 0 0 0 rg BT 170.41 262.50 Td (of ) Tj ET Q q 0 0 0 rg BT 179.10 262.50 Td (the ) Tj ET Q q 0 0 0 rg BT 192.13 262.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 209.74 262.50 Td ( ) Tj ET Q q 0 0 0 rg BT 211.93 262.50 Td (arise ) Tj ET Q q 0 0 0 rg BT 231.00 262.50 Td (from ) Tj ET Q q 0 0 0 rg BT 248.78 262.50 Td (working ) Tj ET Q q 0 0 0 rg BT 277.81 262.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 302.52 262.50 Td (requirements; ) Tj ET Q q 0 0 0 rg BT 352.35 262.50 Td (debt ) Tj ET Q q 0 0 0 rg BT 369.70 262.50 Td (servicing ) Tj ET Q q 0 0 0 rg BT 402.64 262.50 Td (and ) Tj ET Q q 0 0 0 rg BT 417.83 262.50 Td (repayment ) Tj ET Q q 0 0 0 rg BT 456.83 262.50 Td (obligations; ) Tj ET Q q 0 0 0 rg BT 498.43 262.50 Td (distributions ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 251.10 Td (to ) Tj ET Q q 0 0 0 rg BT 81.33 251.10 Td (unitholders; ) Tj ET Q q 0 0 0 rg BT 124.43 251.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 164.51 251.10 Td (to ) Tj ET Q q 0 0 0 rg BT 173.83 251.10 Td (redeem ) Tj ET Q q 0 0 0 rg BT 203.07 251.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 246.19 251.10 Td (puttable ) Tj ET Q q 0 0 0 rg BT 276.74 251.10 Td (trust ) Tj ET Q q 0 0 0 rg BT 294.72 251.10 Td (units ) Tj ET Q q 0 0 0 rg BT 314.01 251.10 Td (at ) Tj ET Q q 0 0 0 rg BT 323.33 251.10 Td (the ) Tj ET Q q 0 0 0 rg BT 336.99 251.10 Td (option ) Tj ET Q q 0 0 0 rg BT 361.04 251.10 Td (of ) Tj ET Q q 0 0 0 rg BT 370.37 251.10 Td (the ) Tj ET Q q 0 0 0 rg BT 384.03 251.10 Td (unitholders; ) Tj ET Q q 0 0 0 rg BT 427.13 251.10 Td (planned ) Tj ET Q q 0 0 0 rg BT 457.69 251.10 Td (funding ) Tj ET Q q 0 0 0 rg BT 486.07 251.10 Td (of ) Tj ET Q q 0 0 0 rg BT 495.40 251.10 Td (maintenance ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 239.70 Td (capital ) Tj ET Q q 0 0 0 rg BT 96.69 239.70 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 143.47 239.70 Td (and ) Tj ET Q q 0 0 0 rg BT 158.63 239.70 Td (leasing ) Tj ET Q q 0 0 0 rg BT 185.48 239.70 Td (costs; ) Tj ET Q q 0 0 0 rg BT 208.00 239.70 Td (and ) Tj ET Q q 0 0 0 rg BT 223.17 239.70 Td (future ) Tj ET Q q 0 0 0 rg BT 245.26 239.70 Td (investment ) Tj ET Q q 0 0 0 rg BT 285.10 239.70 Td (property ) Tj ET Q q 0 0 0 rg BT 315.85 239.70 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 354.83 239.70 Td (funding ) Tj ET Q q 0 0 0 rg BT 382.55 239.70 Td (requirements.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 222.30 Td (The ) Tj ET Q q 0 0 0 rg BT 88.22 222.30 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 117.01 222.30 Td (needs ) Tj ET Q q 0 0 0 rg BT 141.03 222.30 Td (of ) Tj ET Q q 0 0 0 rg BT 150.33 222.30 Td (the ) Tj ET Q q 0 0 0 rg BT 163.97 222.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 181.57 222.30 Td ( ) Tj ET Q q 0 0 0 rg BT 184.37 222.30 Td (are ) Tj ET Q q 0 0 0 rg BT 198.43 222.30 Td (funded ) Tj ET Q q 0 0 0 rg BT 225.06 222.30 Td (by ) Tj ET Q q 0 0 0 rg BT 236.09 222.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 255.35 222.30 Td (flows ) Tj ET Q q 0 0 0 rg BT 275.90 222.30 Td (from ) Tj ET Q q 0 0 0 rg BT 294.28 222.30 Td (operating ) Tj ET Q q 0 0 0 rg BT 329.57 222.30 Td (the ) Tj ET Q q 0 0 0 rg BT 343.20 222.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 362.54 222.30 Td (s ) Tj ET Q q 0 0 0 rg BT 369.23 222.30 Td (investment ) Tj ET Q q 0 0 0 rg BT 409.71 222.30 Td (property ) Tj ET Q q 0 0 0 rg BT 441.09 222.30 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 471.61 222.30 Td (and ) Tj ET Q q 0 0 0 rg BT 487.41 222.30 Td (available ) Tj ET Q q 0 0 0 rg BT 520.96 222.30 Td (credit ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 210.90 Td (facilities, ) Tj ET Q q 0 0 0 rg BT 103.44 210.90 Td (with ) Tj ET Q q 0 0 0 rg BT 118.85 210.90 Td (the ) Tj ET Q q 0 0 0 rg BT 131.24 210.90 Td (exception ) Tj ET Q q 0 0 0 rg BT 166.15 210.90 Td (of ) Tj ET Q q 0 0 0 rg BT 174.21 210.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 190.93 210.90 Td (repayment ) Tj ET Q q 0 0 0 rg BT 229.30 210.90 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 270.28 210.90 Td (investment ) Tj ET Q q 0 0 0 rg BT 309.51 210.90 Td (property ) Tj ET Q q 0 0 0 rg BT 339.65 210.90 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 378.02 210.90 Td (funding ) Tj ET Q q 0 0 0 rg BT 405.14 210.90 Td (requirements ) Tj ET Q q 0 0 0 rg BT 452.16 210.90 Td (and ) Tj ET Q q 0 0 0 rg BT 466.72 210.90 Td (obligations ) Tj ET Q q 0 0 0 rg BT 505.53 210.90 Td (to ) Tj ET Q q 0 0 0 rg BT 513.59 210.90 Td (redeem ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 199.50 Td (puttable ) Tj ET Q q 0 0 0 rg BT 102.10 199.50 Td (trust ) Tj ET Q q 0 0 0 rg BT 119.63 199.50 Td (units. ) Tj ET Q q 0 0 0 rg BT 140.49 199.50 Td (These ) Tj ET Q q 0 0 0 rg BT 164.52 199.50 Td (are ) Tj ET Q q 0 0 0 rg BT 178.15 199.50 Td (funded ) Tj ET Q q 0 0 0 rg BT 204.35 199.50 Td (by ) Tj ET Q q 0 0 0 rg BT 214.96 199.50 Td (refinancing ) Tj ET Q q 0 0 0 rg BT 255.45 199.50 Td (the ) Tj ET Q q 0 0 0 rg BT 268.66 199.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 287.99 199.50 Td (s ) Tj ET Q q 0 0 0 rg BT 294.27 199.50 Td (maturing ) Tj ET Q q 0 0 0 rg BT 326.95 199.50 Td (debt, ) Tj ET Q q 0 0 0 rg BT 346.66 199.50 Td (financing ) Tj ET Q q 0 0 0 rg BT 380.22 199.50 Td (unencumbered ) Tj ET Q q 0 0 0 rg BT 434.57 199.50 Td (properties, ) Tj ET Q q 0 0 0 rg BT 473.76 199.50 Td (or ) Tj ET Q q 0 0 0 rg BT 483.06 199.50 Td (future ) Tj ET Q q 0 0 0 rg BT 505.36 199.50 Td (issuances ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 188.10 Td (of ) Tj ET Q q 0 0 0 rg BT 80.39 188.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 98.00 188.10 Td ( ) Tj ET Q q 0 0 0 rg BT 99.88 188.10 Td (units ) Tj ET Q q 0 0 0 rg BT 118.23 188.10 Td (and ) Tj ET Q q 0 0 0 rg BT 133.11 188.10 Td (debentures. ) Tj ET Q q 0 0 0 rg BT 176.03 188.10 Td (The ) Tj ET Q q 0 0 0 rg BT 191.34 188.10 Td (particular ) Tj ET Q q 0 0 0 rg BT 225.27 188.10 Td (features ) Tj ET Q q 0 0 0 rg BT 255.31 188.10 Td (and ) Tj ET Q q 0 0 0 rg BT 270.20 188.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 294.61 188.10 Td (of ) Tj ET Q q 0 0 0 rg BT 302.99 188.10 Td (the ) Tj ET Q q 0 0 0 rg BT 315.71 188.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 353.54 188.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 377.95 188.10 Td (being ) Tj ET Q q 0 0 0 rg BT 398.90 188.10 Td (financed ) Tj ET Q q 0 0 0 rg BT 430.24 188.10 Td (and ) Tj ET Q q 0 0 0 rg BT 445.13 188.10 Td (the ) Tj ET Q q 0 0 0 rg BT 457.85 188.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 474.90 188.10 Td (market ) Tj ET Q q 0 0 0 rg BT 500.60 188.10 Td (parameters ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 176.70 Td (existing ) Tj ET Q q 0 0 0 rg BT 100.58 176.70 Td (at ) Tj ET Q q 0 0 0 rg BT 109.25 176.70 Td (the ) Tj ET Q q 0 0 0 rg BT 122.25 176.70 Td (time ) Tj ET Q q 0 0 0 rg BT 139.13 176.70 Td (will ) Tj ET Q q 0 0 0 rg BT 152.11 176.70 Td (af) Tj ET Q q 0 0 0 rg BT 158.48 176.70 Td (fect ) Tj ET Q q 0 0 0 rg BT 173.21 176.70 Td (the ) Tj ET Q q 0 0 0 rg BT 186.20 176.70 Td (success ) Tj ET Q q 0 0 0 rg BT 216.52 176.70 Td (of ) Tj ET Q q 0 0 0 rg BT 225.18 176.70 Td (this ) Tj ET Q q 0 0 0 rg BT 239.48 176.70 Td (strategy) Tj ET Q q 0 0 0 rg BT 266.62 176.70 Td (.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 159.30 Td (There ) Tj ET Q q 0 0 0 rg BT 94.25 159.30 Td (is ) Tj ET Q q 0 0 0 rg BT 101.79 159.30 Td (a ) Tj ET Q q 0 0 0 rg BT 108.02 159.30 Td (risk ) Tj ET Q q 0 0 0 rg BT 122.04 159.30 Td (that ) Tj ET Q q 0 0 0 rg BT 136.95 159.30 Td (lenders ) Tj ET Q q 0 0 0 rg BT 164.40 159.30 Td (will ) Tj ET Q q 0 0 0 rg BT 177.12 159.30 Td (not ) Tj ET Q q 0 0 0 rg BT 189.85 159.30 Td (refinance ) Tj ET Q q 0 0 0 rg BT 223.81 159.30 Td (maturing ) Tj ET Q q 0 0 0 rg BT 256.02 159.30 Td (debt ) Tj ET Q q 0 0 0 rg BT 273.09 159.30 Td (on ) Tj ET Q q 0 0 0 rg BT 283.66 159.30 Td (terms ) Tj ET Q q 0 0 0 rg BT 305.04 159.30 Td (and ) Tj ET Q q 0 0 0 rg BT 319.94 159.30 Td (conditions ) Tj ET Q q 0 0 0 rg BT 356.93 159.30 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 396.52 159.30 Td (to ) Tj ET Q q 0 0 0 rg BT 404.92 159.30 Td (the ) Tj ET Q q 0 0 0 rg BT 417.66 159.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 435.27 159.30 Td ( ) Tj ET Q q 0 0 0 rg BT 437.17 159.30 Td (or ) Tj ET Q q 0 0 0 rg BT 446.00 159.30 Td (on ) Tj ET Q q 0 0 0 rg BT 456.57 159.30 Td (any ) Tj ET Q q 0 0 0 rg BT 471.04 159.30 Td (terms ) Tj ET Q q 0 0 0 rg BT 492.42 159.30 Td (at ) Tj ET Q q 0 0 0 rg BT 500.82 159.30 Td (all. ) Tj ET Q q 0 0 0 rg BT 512.57 159.30 Td (The ) Tj ET Q q 0 0 0 rg BT 527.90 159.30 Td (risk ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 147.90 Td (associated ) Tj ET Q q 0 0 0 rg BT 111.35 147.90 Td (with ) Tj ET Q q 0 0 0 rg BT 127.29 147.90 Td (the ) Tj ET Q q 0 0 0 rg BT 140.22 147.90 Td (refinancing ) Tj ET Q q 0 0 0 rg BT 180.43 147.90 Td (of ) Tj ET Q q 0 0 0 rg BT 189.03 147.90 Td (maturing ) Tj ET Q q 0 0 0 rg BT 221.43 147.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 238.69 147.90 Td (is ) Tj ET Q q 0 0 0 rg BT 246.42 147.90 Td (mitigated ) Tj ET Q q 0 0 0 rg BT 280.13 147.90 Td (by ) Tj ET Q q 0 0 0 rg BT 290.45 147.90 Td (matching ) Tj ET Q q 0 0 0 rg BT 324.16 147.90 Td (debt ) Tj ET Q q 0 0 0 rg BT 341.42 147.90 Td (maturities ) Tj ET Q q 0 0 0 rg BT 377.29 147.90 Td (with ) Tj ET Q q 0 0 0 rg BT 393.24 147.90 Td (lease ) Tj ET Q q 0 0 0 rg BT 413.96 147.90 Td (renewals ) Tj ET Q q 0 0 0 rg BT 447.23 147.90 Td (to ) Tj ET Q q 0 0 0 rg BT 455.83 147.90 Td (optimize ) Tj ET Q q 0 0 0 rg BT 486.93 147.90 Td (the ) Tj ET Q q 0 0 0 rg BT 499.86 147.90 Td (value ) Tj ET Q q 0 0 0 rg BT 520.58 147.90 Td (of ) Tj ET Q q 0 0 0 rg BT 529.18 147.90 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 136.50 Td (assets ) Tj ET Q q 0 0 0 rg BT 96.97 136.50 Td (with ) Tj ET Q q 0 0 0 rg BT 113.26 136.50 Td (the ) Tj ET Q q 0 0 0 rg BT 126.54 136.50 Td (leverage ) Tj ET Q q 0 0 0 rg BT 158.87 136.50 Td (to ) Tj ET Q q 0 0 0 rg BT 167.81 136.50 Td (achieve ) Tj ET Q q 0 0 0 rg BT 197.11 136.50 Td (the ) Tj ET Q q 0 0 0 rg BT 210.39 136.50 Td (best ) Tj ET Q q 0 0 0 rg BT 227.57 136.50 Td (value ) Tj ET Q q 0 0 0 rg BT 248.64 136.50 Td (for ) Tj ET Q q 0 0 0 rg BT 260.17 136.50 Td (pricing. ) Tj ET Q q 0 0 0 rg BT 287.73 136.50 Td (In ) Tj ET Q q 0 0 0 rg BT 296.68 136.50 Td (addition, ) Tj ET Q q 0 0 0 rg BT 328.58 136.50 Td (the ) Tj ET Q q 0 0 0 rg BT 341.86 136.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 359.47 136.50 Td ( ) Tj ET Q q 0 0 0 rg BT 361.91 136.50 Td (staggers ) Tj ET Q q 0 0 0 rg BT 394.24 136.50 Td (the ) Tj ET Q q 0 0 0 rg BT 407.52 136.50 Td (maturity ) Tj ET Q q 0 0 0 rg BT 437.67 136.50 Td (dates ) Tj ET Q q 0 0 0 rg BT 459.18 136.50 Td (of ) Tj ET Q q 0 0 0 rg BT 468.12 136.50 Td (the ) Tj ET Q q 0 0 0 rg BT 481.40 136.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 500.74 136.50 Td (s ) Tj ET Q q 0 0 0 rg BT 507.08 136.50 Td (mortgage ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 125.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 101.88 125.10 Td (over ) Tj ET Q q 0 0 0 rg BT 119.21 125.10 Td (a ) Tj ET Q q 0 0 0 rg BT 125.70 125.10 Td (number ) Tj ET Q q 0 0 0 rg BT 154.28 125.10 Td (of ) Tj ET Q q 0 0 0 rg BT 162.95 125.10 Td (years. ) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 24) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 695.10 Td (following ) Tj ET Q q 0 0 0 rg BT 120.07 695.10 Td (table ) Tj ET Q q 0 0 0 rg BT 139.13 695.10 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 183.29 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 196.28 695.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 232.23 695.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 272.51 695.10 Td (maturities ) Tj ET Q q 0 0 0 rg BT 308.45 695.10 Td (of ) Tj ET Q q 0 0 0 rg BT 317.11 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 330.11 695.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 349.45 695.10 Td (s ) Tj ET Q q 0 0 0 rg BT 355.51 695.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 386.26 695.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 417.87 695.10 Td (at ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 426.54 695.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 463.35 695.10 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 480.68 695.10 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 684.6 m 222.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 651.6 m 222.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 684.6 m 286.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 222.5 651.6 m 286.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 684.6 m 350.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 286.5 651.6 m 350.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 684.6 m 414.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 651.6 m 414.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 684.6 m 478.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 414.5 651.6 m 478.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 684.6 m 542.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 478.5 651.6 m 542.5 651.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 222.5 651.6 m 286.5 651.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 286.5 651.6 m 350.5 651.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 651.6 m 414.5 651.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 414.5 651.6 m 478.5 651.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 478.5 651.6 m 542.5 651.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 567.6 m 222.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 553.6 m 222.5 553.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 222.5 567.6 m 286.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 553.6 m 286.5 553.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 286.5 567.6 m 350.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 553.6 m 350.5 553.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 567.6 m 414.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 553.6 m 414.5 553.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 414.5 567.6 m 478.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 553.6 m 478.5 553.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 478.5 567.6 m 542.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 553.6 m 542.5 553.6 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 264.95 675.13 Td (T) Tj ET Q q 0 0 0 rg BT 269.42 675.13 Td (otal) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 241.00 665.63 Td (contractual) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 247.45 656.13 Td (cash flow) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 297.20 665.63 Td (Remainder of) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 329.65 656.13 Td (2018) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 373.70 656.13 Td (2019-2020) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.70 656.13 Td (2021-2022) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 500.90 656.13 Td (Thereafter) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 642.13 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 225.00 642.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 259.55 642.18 Td (31,084) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 289.00 642.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 323.55 642.18 Td (31,084) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 642.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 403.60 642.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 417.00 642.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.60 642.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 481.00 642.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 531.60 642.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 628.13 Td (Amortizing principal repayments on debt) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 259.55 628.18 Td (82,331) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 327.90 628.13 Td (9,1) Tj ET Q q 0 0 0 rg BT 338.73 628.13 Td (1) Tj ET Q q 0 0 0 rg BT 343.06 628.13 Td (1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 387.55 628.13 Td (24,517) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 451.55 628.13 Td (17,234) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.55 628.13 Td (31,469) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 614.13 Td (Principal repayments on maturity of debt) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 255.20 614.13 Td (927,521) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 339.60 614.18 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 383.20 614.13 Td (268,905) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 447.20 614.13 Td (513,415) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 511.20 614.13 Td (145,201) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 600.13 Td (Interest on debt ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 131.32 602.56 Td (\(1\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 255.20 600.13 Td (121,020) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 323.55 600.18 Td (26,077) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 387.55 600.13 Td (59,833) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 451.55 600.13 Td (18,660) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 515.55 600.13 Td (16,450) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 586.13 Td (Interest rate swaps ) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 142.99 588.56 Td (\(2\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 259.55 586.18 Td (16,197) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 327.90 586.13 Td (2,592) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 391.90 586.13 Td (9,563) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.90 586.13 Td (4,042) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 531.60 586.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 572.13 Td (Other liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 263.85 572.13 Td (8,255) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 327.90 572.13 Td (3,093) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 391.90 572.13 Td (1,465) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.40 572.13 Td (931) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 519.90 572.13 Td (2,766) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 225.00 558.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 248.70 558.13 Td (1,186,408) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 289.00 558.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 323.55 558.18 Td (71,957) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 353.00 558.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.20 558.13 Td (364,283) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 417.00 558.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 447.20 558.13 Td (554,282) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 481.00 558.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 511.20 558.13 Td (195,886) Tj ET Q BT /F1 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 545.10 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 81.23 545.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 103.45 545.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 128.75 545.10 Td (on ) Tj ET Q q 0 0 0 rg BT 137.31 545.10 Td (floating ) Tj ET Q q 0 0 0 rg BT 158.85 545.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 171.16 545.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 184.84 545.10 Td (have ) Tj ET Q q 0 0 0 rg BT 199.89 545.10 Td (been ) Tj ET Q q 0 0 0 rg BT 215.28 545.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 247.76 545.10 Td (using ) Tj ET Q q 0 0 0 rg BT 264.18 545.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 279.56 545.10 Td (at ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 286.40 545.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 315.46 545.10 Td (2018) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 329.15 545.10 Td (. ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 72.00 536.10 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 81.23 536.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 103.45 536.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 115.76 536.10 Td (swap ) Tj ET Q q 0 0 0 rg BT 131.83 536.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 162.95 536.10 Td (have ) Tj ET Q q 0 0 0 rg BT 177.99 536.10 Td (been ) Tj ET Q q 0 0 0 rg BT 193.39 536.10 Td (calculated ) Tj ET Q q 0 0 0 rg BT 222.79 536.10 Td (as ) Tj ET Q q 0 0 0 rg BT 231.00 536.10 Td (the ) Tj ET Q q 0 0 0 rg BT 241.26 536.10 Td (dif) Tj ET Q q 0 0 0 rg BT 247.65 536.10 Td (ference ) Tj ET Q q 0 0 0 rg BT 269.88 536.10 Td (between ) Tj ET Q q 0 0 0 rg BT 294.84 536.10 Td (the ) Tj ET Q q 0 0 0 rg BT 305.10 536.10 Td (pay-fixed ) Tj ET Q q 0 0 0 rg BT 331.77 536.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 344.08 536.10 Td (and ) Tj ET Q q 0 0 0 rg BT 356.05 536.10 Td (receive-float ) Tj ET Q q 0 0 0 rg BT 391.26 536.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 403.57 536.10 Td (based ) Tj ET Q q 0 0 0 rg BT 422.04 536.10 Td (on ) Tj ET Q q 0 0 0 rg BT 430.59 536.10 Td (the ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 440.85 536.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 469.91 536.10 Td (2018) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 483.60 536.10 Td ( ) Tj ET Q q 0 0 0 rg BT 485.31 536.10 Td (rates. ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 518.70 Td (Interest ) Tj ET Q q 0 0 0 rg BT 100.15 518.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 115.74 518.70 Td (risk) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 501.30 Td (Interest ) Tj ET Q q 0 0 0 rg BT 99.92 501.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 115.29 501.30 Td (risk ) Tj ET Q q 0 0 0 rg BT 129.34 501.30 Td (is ) Tj ET Q q 0 0 0 rg BT 136.91 501.30 Td (the ) Tj ET Q q 0 0 0 rg BT 149.68 501.30 Td (risk ) Tj ET Q q 0 0 0 rg BT 163.73 501.30 Td (that ) Tj ET Q q 0 0 0 rg BT 178.67 501.30 Td (changes ) Tj ET Q q 0 0 0 rg BT 210.06 501.30 Td (in ) Tj ET Q q 0 0 0 rg BT 218.06 501.30 Td (market ) Tj ET Q q 0 0 0 rg BT 243.81 501.30 Td (interest ) Tj ET Q q 0 0 0 rg BT 271.30 501.30 Td (rates ) Tj ET Q q 0 0 0 rg BT 290.56 501.30 Td (may ) Tj ET Q q 0 0 0 rg BT 307.22 501.30 Td (have ) Tj ET Q q 0 0 0 rg BT 326.05 501.30 Td (an ) Tj ET Q q 0 0 0 rg BT 336.65 501.30 Td (ef) Tj ET Q q 0 0 0 rg BT 343.02 501.30 Td (fect ) Tj ET Q q 0 0 0 rg BT 357.52 501.30 Td (on ) Tj ET Q q 0 0 0 rg BT 368.12 501.30 Td (the ) Tj ET Q q 0 0 0 rg BT 380.89 501.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 399.28 501.30 Td (flows ) Tj ET Q q 0 0 0 rg BT 418.97 501.30 Td (or ) Tj ET Q q 0 0 0 rg BT 427.83 501.30 Td (fair ) Tj ET Q q 0 0 0 rg BT 440.59 501.30 Td (values ) Tj ET Q q 0 0 0 rg BT 465.05 501.30 Td (of ) Tj ET Q q 0 0 0 rg BT 473.49 501.30 Td (the ) Tj ET Q q 0 0 0 rg BT 486.26 501.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 505.60 501.30 Td (s ) Tj ET Q q 0 0 0 rg BT 511.43 501.30 Td (financial ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 489.90 Td (instruments.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 472.50 Td (Interest ) Tj ET Q q 0 0 0 rg BT 100.62 472.50 Td (rate ) Tj ET Q q 0 0 0 rg BT 116.68 472.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 135.78 472.50 Td (flow ) Tj ET Q q 0 0 0 rg BT 152.27 472.50 Td (risk ) Tj ET Q q 0 0 0 rg BT 167.02 472.50 Td (is ) Tj ET Q q 0 0 0 rg BT 175.28 472.50 Td (minimized ) Tj ET Q q 0 0 0 rg BT 212.98 472.50 Td (by ) Tj ET Q q 0 0 0 rg BT 223.85 472.50 Td (the ) Tj ET Q q 0 0 0 rg BT 237.32 472.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 254.93 472.50 Td ( ) Tj ET Q q 0 0 0 rg BT 257.56 472.50 Td (by ) Tj ET Q q 0 0 0 rg BT 268.43 472.50 Td (having ) Tj ET Q q 0 0 0 rg BT 294.02 472.50 Td (a ) Tj ET Q q 0 0 0 rg BT 300.99 472.50 Td (portion ) Tj ET Q q 0 0 0 rg BT 327.45 472.50 Td (of ) Tj ET Q q 0 0 0 rg BT 336.58 472.50 Td (its ) Tj ET Q q 0 0 0 rg BT 347.01 472.50 Td (mortgages ) Tj ET Q q 0 0 0 rg BT 386.46 472.50 Td (on ) Tj ET Q q 0 0 0 rg BT 397.76 472.50 Td (fixed ) Tj ET Q q 0 0 0 rg BT 416.85 472.50 Td (term ) Tj ET Q q 0 0 0 rg BT 435.07 472.50 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 487.94 472.50 Td (In ) Tj ET Q q 0 0 0 rg BT 497.07 472.50 Td (addition, ) Tj ET Q q 0 0 0 rg BT 529.17 472.50 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 461.10 Td (maturity ) Tj ET Q q 0 0 0 rg BT 101.48 461.10 Td (dates ) Tj ET Q q 0 0 0 rg BT 122.32 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 130.59 461.10 Td (mortgages ) Tj ET Q q 0 0 0 rg BT 169.17 461.10 Td (are ) Tj ET Q q 0 0 0 rg BT 182.20 461.10 Td (staggered ) Tj ET Q q 0 0 0 rg BT 218.63 461.10 Td (over ) Tj ET Q q 0 0 0 rg BT 235.56 461.10 Td (a ) Tj ET Q q 0 0 0 rg BT 241.66 461.10 Td (number ) Tj ET Q q 0 0 0 rg BT 269.85 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 278.12 461.10 Td (years ) Tj ET Q q 0 0 0 rg BT 298.95 461.10 Td (to ) Tj ET Q q 0 0 0 rg BT 307.22 461.10 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 336.28 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 348.88 461.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 382.71 461.10 Td (in ) Tj ET Q q 0 0 0 rg BT 390.54 461.10 Td (any ) Tj ET Q q 0 0 0 rg BT 404.88 461.10 Td (one ) Tj ET Q q 0 0 0 rg BT 419.65 461.10 Td (year) Tj ET Q q 0 0 0 rg BT 434.38 461.10 Td (. ) Tj ET Q q 0 0 0 rg BT 438.21 461.10 Td (The ) Tj ET Q q 0 0 0 rg BT 453.41 461.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 471.02 461.10 Td ( ) Tj ET Q q 0 0 0 rg BT 472.79 461.10 Td (also ) Tj ET Q q 0 0 0 rg BT 488.85 461.10 Td (utilizes ) Tj ET Q q 0 0 0 rg BT 514.44 461.10 Td (interest ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 449.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 87.59 449.70 Td (swaps ) Tj ET Q q 0 0 0 rg BT 111.84 449.70 Td (to ) Tj ET Q q 0 0 0 rg BT 120.50 449.70 Td (fix ) Tj ET Q q 0 0 0 rg BT 130.46 449.70 Td (interest ) Tj ET Q q 0 0 0 rg BT 158.18 449.70 Td (rates ) Tj ET Q q 0 0 0 rg BT 177.67 449.70 Td (on ) Tj ET Q q 0 0 0 rg BT 188.50 449.70 Td (a ) Tj ET Q q 0 0 0 rg BT 195.00 449.70 Td (portion ) Tj ET Q q 0 0 0 rg BT 220.99 449.70 Td (of ) Tj ET Q q 0 0 0 rg BT 229.65 449.70 Td (its ) Tj ET Q q 0 0 0 rg BT 239.61 449.70 Td (floating ) Tj ET Q q 0 0 0 rg BT 266.90 449.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 282.49 449.70 Td (mortgages. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 432.30 Td (At ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 81.07 432.30 Td (March31, ) Tj ET Q q 0 0 0 rg BT 117.42 432.30 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 134.75 432.30 Td (, ) Tj ET Q q 0 0 0 rg BT 138.63 432.30 Td (excluding ) Tj ET Q q 0 0 0 rg BT 173.26 432.30 Td (the ) Tj ET Q q 0 0 0 rg BT 185.80 432.30 Td (mortgages ) Tj ET Q q 0 0 0 rg BT 224.31 432.30 Td (associated ) Tj ET Q q 0 0 0 rg BT 263.27 432.30 Td (with ) Tj ET Q q 0 0 0 rg BT 278.83 432.30 Td (interest ) Tj ET Q q 0 0 0 rg BT 306.09 432.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 321.23 432.30 Td (swaps, ) Tj ET Q q 0 0 0 rg BT 347.18 432.30 Td (the ) Tj ET Q q 0 0 0 rg BT 359.73 432.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 377.33 432.30 Td ( ) Tj ET Q q 0 0 0 rg BT 379.04 432.30 Td (had ) Tj ET Q q 0 0 0 rg BT 393.75 432.30 Td (a ) Tj ET Q q 0 0 0 rg BT 399.79 432.30 Td (floating ) Tj ET Q q 0 0 0 rg BT 426.63 432.30 Td (rate ) Tj ET Q q 0 0 0 rg BT 441.76 432.30 Td (mortgage ) Tj ET Q q 0 0 0 rg BT 476.38 432.30 Td (and ) Tj ET Q q 0 0 0 rg BT 491.09 432.30 Td (debt ) Tj ET Q q 0 0 0 rg BT 507.96 432.30 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.17 432.30 Td ($539.0 ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 420.90 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 94.08 420.90 Td ( ) Tj ET Q q 0 0 0 rg BT 96.22 420.90 Td (\() Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 98.81 420.90 Td (December31, ) Tj ET Q q 0 0 0 rg BT 149.89 420.90 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 167.22 420.90 Td ( ) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 169.36 420.90 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 174.11 420.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 176.25 420.90 Td ($533.2 ) Tj ET Q q 0 0 0 rg BT 202.22 420.90 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 224.30 420.90 Td (\). ) Tj ET Q q 0 0 0 rg BT 231.07 420.90 Td (The ) Tj ET Q q 0 0 0 rg BT 246.64 420.90 Td (following ) Tj ET Q q 0 0 0 rg BT 279.09 420.90 Td (table ) Tj ET Q q 0 0 0 rg BT 298.13 420.90 Td (presents ) Tj ET Q q 0 0 0 rg BT 330.15 420.90 Td (the ) Tj ET Q q 0 0 0 rg BT 343.13 420.90 Td (annualized ) Tj ET Q q 0 0 0 rg BT 382.96 420.90 Td (impact ) Tj ET Q q 0 0 0 rg BT 408.05 420.90 Td (of ) Tj ET Q q 0 0 0 rg BT 416.69 420.90 Td (a ) Tj ET Q q 0 0 0 rg BT 423.17 420.90 Td (change ) Tj ET Q q 0 0 0 rg BT 450.87 420.90 Td (in ) Tj ET Q q 0 0 0 rg BT 459.07 420.90 Td (floating ) Tj ET Q q 0 0 0 rg BT 486.34 420.90 Td (interest ) Tj ET Q q 0 0 0 rg BT 514.04 420.90 Td (rates ) Tj ET Q q 0 0 0 rg BT 533.50 420.90 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 409.50 Td (25 ) Tj ET Q q 0 0 0 rg BT 82.83 409.50 Td (bps ) Tj ET Q q 0 0 0 rg BT 97.56 409.50 Td (on ) Tj ET Q q 0 0 0 rg BT 108.39 409.50 Td (finance ) Tj ET Q q 0 0 0 rg BT 135.68 409.50 Td (costs: ) Tj ET Q q 0 0 0 rg BT 158.20 409.50 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 393 m 379.5 393 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 393 m 459.5 393 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 393 m 539.5 393 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 378 m 539.5 378 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 378 m 379.5 378 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 363 m 379.5 363 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 379.5 378 m 459.5 378 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 363 m 459.5 363 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 459.5 378 m 539.5 378 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 363 m 539.5 363 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 400.55 382.53 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 467.55 382.53 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 367.53 Td (Change of 25 bps) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 382.00 367.53 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.90 367.53 Td (1,348) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 462.00 367.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.90 367.53 Td (1,333) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 346.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 94.94 346.10 Td (risk) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 328.70 Td (Credit ) Tj ET Q q 0 0 0 rg BT 95.01 328.70 Td (risk ) Tj ET Q q 0 0 0 rg BT 109.36 328.70 Td (is ) Tj ET Q q 0 0 0 rg BT 117.23 328.70 Td (the ) Tj ET Q q 0 0 0 rg BT 130.29 328.70 Td (risk ) Tj ET Q q 0 0 0 rg BT 144.65 328.70 Td (that ) Tj ET Q q 0 0 0 rg BT 159.88 328.70 Td (the ) Tj ET Q q 0 0 0 rg BT 172.95 328.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 190.56 328.70 Td ( ) Tj ET Q q 0 0 0 rg BT 192.79 328.70 Td (incurs ) Tj ET Q q 0 0 0 rg BT 215.81 328.70 Td (a ) Tj ET Q q 0 0 0 rg BT 222.38 328.70 Td (loss ) Tj ET Q q 0 0 0 rg BT 238.47 328.70 Td (as ) Tj ET Q q 0 0 0 rg BT 248.93 328.70 Td (a ) Tj ET Q q 0 0 0 rg BT 255.50 328.70 Td (result ) Tj ET Q q 0 0 0 rg BT 276.79 328.70 Td (of ) Tj ET Q q 0 0 0 rg BT 285.52 328.70 Td (a ) Tj ET Q q 0 0 0 rg BT 292.09 328.70 Td (counterparty ) Tj ET Q q 0 0 0 rg BT 337.63 328.70 Td (not ) Tj ET Q q 0 0 0 rg BT 350.70 328.70 Td (fulfilling ) Tj ET Q q 0 0 0 rg BT 378.92 328.70 Td (its ) Tj ET Q q 0 0 0 rg BT 388.95 328.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 419.77 328.70 Td (obligation. ) Tj ET Q q 0 0 0 rg BT 457.52 328.70 Td (Credit ) Tj ET Q q 0 0 0 rg BT 480.53 328.70 Td (risk ) Tj ET Q q 0 0 0 rg BT 494.88 328.70 Td (is ) Tj ET Q q 0 0 0 rg BT 502.75 328.70 Td (associated ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 317.30 Td (with ) Tj ET Q q 0 0 0 rg BT 88.03 317.30 Td (the ) Tj ET Q q 0 0 0 rg BT 101.04 317.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 120.38 317.30 Td (s ) Tj ET Q q 0 0 0 rg BT 126.46 317.30 Td (cash, ) Tj ET Q q 0 0 0 rg BT 147.26 317.30 Td (restricted ) Tj ET Q q 0 0 0 rg BT 181.48 317.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 200.12 317.30 Td (and ) Tj ET Q q 0 0 0 rg BT 215.29 317.30 Td (accounts ) Tj ET Q q 0 0 0 rg BT 248.66 317.30 Td (receivable. ) Tj ET Q q 0 0 0 rg BT 288.38 317.30 Td (The ) Tj ET Q q 0 0 0 rg BT 303.98 317.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 321.59 317.30 Td ( ) Tj ET Q q 0 0 0 rg BT 323.77 317.30 Td (controls ) Tj ET Q q 0 0 0 rg BT 353.23 317.30 Td (risks ) Tj ET Q q 0 0 0 rg BT 371.42 317.30 Td (by ) Tj ET Q q 0 0 0 rg BT 381.83 317.30 Td (avoiding ) Tj ET Q q 0 0 0 rg BT 413.03 317.30 Td (undue ) Tj ET Q q 0 0 0 rg BT 436.87 317.30 Td (concentration ) Tj ET Q q 0 0 0 rg BT 485.83 317.30 Td (of ) Tj ET Q q 0 0 0 rg BT 494.51 317.30 Td (assets ) Tj ET Q q 0 0 0 rg BT 519.21 317.30 Td (in ) Tj ET Q q 0 0 0 rg BT 527.45 317.30 Td (any ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 305.90 Td (geographic ) Tj ET Q q 0 0 0 rg BT 112.40 305.90 Td (location, ) Tj ET Q q 0 0 0 rg BT 143.28 305.90 Td (in ) Tj ET Q q 0 0 0 rg BT 151.20 305.90 Td (any ) Tj ET Q q 0 0 0 rg BT 165.61 305.90 Td (industry ) Tj ET Q q 0 0 0 rg BT 194.75 305.90 Td (or ) Tj ET Q q 0 0 0 rg BT 203.53 305.90 Td (with ) Tj ET Q q 0 0 0 rg BT 219.24 305.90 Td (any ) Tj ET Q q 0 0 0 rg BT 233.66 305.90 Td (specific ) Tj ET Q q 0 0 0 rg BT 261.49 305.90 Td (tenants. ) Tj ET Q q 0 0 0 rg BT 290.96 305.90 Td (This ) Tj ET Q q 0 0 0 rg BT 307.53 305.90 Td (risk ) Tj ET Q q 0 0 0 rg BT 321.51 305.90 Td (is ) Tj ET Q q 0 0 0 rg BT 328.99 305.90 Td (further ) Tj ET Q q 0 0 0 rg BT 353.36 305.90 Td (mitigated ) Tj ET Q q 0 0 0 rg BT 386.83 305.90 Td (by ) Tj ET Q q 0 0 0 rg BT 396.92 305.90 Td (signing ) Tj ET Q q 0 0 0 rg BT 423.46 305.90 Td (long-term ) Tj ET Q q 0 0 0 rg BT 458.22 305.90 Td (leases ) Tj ET Q q 0 0 0 rg BT 482.59 305.90 Td (with ) Tj ET Q q 0 0 0 rg BT 498.30 305.90 Td (tenants ) Tj ET Q q 0 0 0 rg BT 525.72 305.90 Td (who ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 294.50 Td (have ) Tj ET Q q 0 0 0 rg BT 90.96 294.50 Td (investment-grade ) Tj ET Q q 0 0 0 rg BT 153.22 294.50 Td (credit ) Tj ET Q q 0 0 0 rg BT 174.34 294.50 Td (ratings ) Tj ET Q q 0 0 0 rg BT 199.80 294.50 Td (and ) Tj ET Q q 0 0 0 rg BT 214.86 294.50 Td (investing ) Tj ET Q q 0 0 0 rg BT 247.68 294.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 266.21 294.50 Td (and ) Tj ET Q q 0 0 0 rg BT 281.27 294.50 Td (cash ) Tj ET Q q 0 0 0 rg BT 299.80 294.50 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 341.28 294.50 Td (in ) Tj ET Q q 0 0 0 rg BT 349.42 294.50 Td (large ) Tj ET Q q 0 0 0 rg BT 368.80 294.50 Td (financial ) Tj ET Q q 0 0 0 rg BT 399.46 294.50 Td (institutions ) Tj ET Q q 0 0 0 rg BT 438.34 294.50 Td (with ) Tj ET Q q 0 0 0 rg BT 454.26 294.50 Td (strong ) Tj ET Q q 0 0 0 rg BT 477.98 294.50 Td (credit ) Tj ET Q q 0 0 0 rg BT 499.10 294.50 Td (ratings. ) Tj ET Q q 0 0 0 rg BT 526.59 294.50 Td (The ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 283.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 89.61 283.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.96 283.10 Td (has ) Tj ET Q q 0 0 0 rg BT 106.87 283.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 128.27 283.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 156.61 283.10 Td (to ) Tj ET Q q 0 0 0 rg BT 165.46 283.10 Td (address ) Tj ET Q q 0 0 0 rg BT 195.52 283.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 216.93 283.10 Td (risk, ) Tj ET Q q 0 0 0 rg BT 233.56 283.10 Td (which ) Tj ET Q q 0 0 0 rg BT 255.82 283.10 Td (are ) Tj ET Q q 0 0 0 rg BT 269.43 283.10 Td (applied ) Tj ET Q q 0 0 0 rg BT 296.91 283.10 Td (during ) Tj ET Q q 0 0 0 rg BT 320.91 283.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 341.89 283.10 Td (negotiations ) Tj ET Q q 0 0 0 rg BT 386.25 283.10 Td (and ) Tj ET Q q 0 0 0 rg BT 401.60 283.10 Td (may ) Tj ET Q q 0 0 0 rg BT 418.67 283.10 Td (include ) Tj ET Q q 0 0 0 rg BT 445.71 283.10 Td (the ) Tj ET Q q 0 0 0 rg BT 458.89 283.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 489.39 283.10 Td (of ) Tj ET Q q 0 0 0 rg BT 498.24 283.10 Td (the ) Tj ET Q q 0 0 0 rg BT 511.42 283.10 Td (financial ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 271.70 Td (position ) Tj ET Q q 0 0 0 rg BT 101.02 271.70 Td (of ) Tj ET Q q 0 0 0 rg BT 109.69 271.70 Td (the ) Tj ET Q q 0 0 0 rg BT 122.68 271.70 Td (debtor) Tj ET Q q 0 0 0 rg BT 144.35 271.70 Td (, ) Tj ET Q q 0 0 0 rg BT 148.68 271.70 Td (and ) Tj ET Q q 0 0 0 rg BT 163.84 271.70 Td (a ) Tj ET Q q 0 0 0 rg BT 170.34 271.70 Td (review ) Tj ET Q q 0 0 0 rg BT 195.02 271.70 Td (of ) Tj ET Q q 0 0 0 rg BT 203.68 271.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 224.90 271.70 Td (limits, ) Tj ET Q q 0 0 0 rg BT 246.98 271.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 268.20 271.70 Td (history ) Tj ET Q q 0 0 0 rg BT 293.31 271.70 Td (and ) Tj ET Q q 0 0 0 rg BT 308.48 271.70 Td (credit ) Tj ET Q q 0 0 0 rg BT 329.69 271.70 Td (performance. ) Tj ET Q BT /F4 9.50 Tf ET q 0 0 0 rg BT 72.00 254.30 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 100.58 254.30 Td (currency ) Tj ET Q q 0 0 0 rg BT 132.62 254.30 Td (risk) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 236.90 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 100.77 236.90 Td (currency ) Tj ET Q q 0 0 0 rg BT 133.00 236.90 Td (risk ) Tj ET Q q 0 0 0 rg BT 147.48 236.90 Td (is ) Tj ET Q q 0 0 0 rg BT 155.46 236.90 Td (the ) Tj ET Q q 0 0 0 rg BT 168.65 236.90 Td (risk ) Tj ET Q q 0 0 0 rg BT 183.13 236.90 Td (that ) Tj ET Q q 0 0 0 rg BT 198.48 236.90 Td (the ) Tj ET Q q 0 0 0 rg BT 211.67 236.90 Td (fair ) Tj ET Q q 0 0 0 rg BT 224.85 236.90 Td (value ) Tj ET Q q 0 0 0 rg BT 245.83 236.90 Td (or ) Tj ET Q q 0 0 0 rg BT 255.12 236.90 Td (future ) Tj ET Q q 0 0 0 rg BT 277.40 236.90 Td (cash ) Tj ET Q q 0 0 0 rg BT 296.22 236.90 Td (flows ) Tj ET Q q 0 0 0 rg BT 316.32 236.90 Td (of ) Tj ET Q q 0 0 0 rg BT 325.18 236.90 Td (an ) Tj ET Q q 0 0 0 rg BT 336.20 236.90 Td (exposure ) Tj ET Q q 0 0 0 rg BT 370.61 236.90 Td (will ) Tj ET Q q 0 0 0 rg BT 383.78 236.90 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 415.59 236.90 Td (due ) Tj ET Q q 0 0 0 rg BT 430.95 236.90 Td (to ) Tj ET Q q 0 0 0 rg BT 439.81 236.90 Td (changes ) Tj ET Q q 0 0 0 rg BT 471.62 236.90 Td (in ) Tj ET Q q 0 0 0 rg BT 480.04 236.90 Td (foreign ) Tj ET Q q 0 0 0 rg BT 506.22 236.90 Td (exchange ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 225.50 Td (rates. ) Tj ET Q q 0 0 0 rg BT 93.83 225.50 Td ( ) Tj ET Q q 0 0 0 rg BT 96.03 225.50 Td (The ) Tj ET Q q 0 0 0 rg BT 111.80 225.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 129.41 225.50 Td ( ) Tj ET Q q 0 0 0 rg BT 131.76 225.50 Td (is ) Tj ET Q q 0 0 0 rg BT 139.73 225.50 Td (exposed ) Tj ET Q q 0 0 0 rg BT 171.53 225.50 Td (to ) Tj ET Q q 0 0 0 rg BT 180.37 225.50 Td (foreign ) Tj ET Q q 0 0 0 rg BT 206.54 225.50 Td (currency ) Tj ET Q q 0 0 0 rg BT 238.76 225.50 Td (risk ) Tj ET Q q 0 0 0 rg BT 253.22 225.50 Td (as ) Tj ET Q q 0 0 0 rg BT 263.79 225.50 Td (it ) Tj ET Q q 0 0 0 rg BT 270.04 225.50 Td (relates ) Tj ET Q q 0 0 0 rg BT 295.77 225.50 Td (to ) Tj ET Q q 0 0 0 rg BT 304.61 225.50 Td (20 ) Tj ET Q q 0 0 0 rg BT 315.62 225.50 Td (South ) Tj ET Q q 0 0 0 rg BT 338.32 225.50 Td (Clark, ) Tj ET Q q 0 0 0 rg BT 361.01 225.50 Td (a ) Tj ET Q q 0 0 0 rg BT 367.69 225.50 Td (property ) Tj ET Q q 0 0 0 rg BT 398.61 225.50 Td (located ) Tj ET Q q 0 0 0 rg BT 426.08 225.50 Td (in ) Tj ET Q q 0 0 0 rg BT 434.49 225.50 Td (the ) Tj ET Q q 0 0 0 rg BT 447.67 225.50 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 465.16 225.50 Td (which ) Tj ET Q q 0 0 0 rg BT 487.42 225.50 Td (was ) Tj ET Q q 0 0 0 rg BT 503.62 225.50 Td (purchased ) Tj ET Q q 0 0 0 rg BT 542.17 225.50 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 214.10 Td (on ) Tj ET Q q 0 0 0 rg BT 82.83 214.10 Td (February ) Tj ET Q q 0 0 0 rg BT 116.17 214.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 124.83 214.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 144.33 214.10 Td (as ) Tj ET Q q 0 0 0 rg BT 154.72 214.10 Td (well ) Tj ET Q q 0 0 0 rg BT 170.30 214.10 Td (as ) Tj ET Q q 0 0 0 rg BT 180.70 214.10 Td (monetary ) Tj ET Q q 0 0 0 rg BT 215.34 214.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 240.03 214.10 Td (and ) Tj ET Q q 0 0 0 rg BT 255.19 214.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 286.80 214.10 Td (denominated ) Tj ET Q q 0 0 0 rg BT 334.01 214.10 Td (in ) Tj ET Q q 0 0 0 rg BT 342.24 214.10 Td (this ) Tj ET Q q 0 0 0 rg BT 356.53 214.10 Td (currency) Tj ET Q q 0 0 0 rg BT 385.83 214.10 Td (. ) Tj ET Q q 0 0 0 rg BT 390.17 214.10 Td (In ) Tj ET Q q 0 0 0 rg BT 398.83 214.10 Td (order ) Tj ET Q q 0 0 0 rg BT 419.18 214.10 Td (to ) Tj ET Q q 0 0 0 rg BT 427.85 214.10 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 457.29 214.10 Td (a ) Tj ET Q q 0 0 0 rg BT 463.79 214.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 489.78 214.10 Td (of ) Tj ET Q q 0 0 0 rg BT 498.44 214.10 Td (this ) Tj ET Q q 0 0 0 rg BT 512.73 214.10 Td (risk, ) Tj ET Q q 0 0 0 rg BT 529.18 214.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 202.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 89.61 202.70 Td ( ) Tj ET Q q 0 0 0 rg BT 92.24 202.70 Td (has ) Tj ET Q q 0 0 0 rg BT 107.43 202.70 Td (financed ) Tj ET Q q 0 0 0 rg BT 139.51 202.70 Td (its ) Tj ET Q q 0 0 0 rg BT 149.94 202.70 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 167.71 202.70 Td (operations ) Tj ET Q q 0 0 0 rg BT 206.73 202.70 Td (with ) Tj ET Q q 0 0 0 rg BT 223.21 202.70 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 240.99 202.70 Td (dollar ) Tj ET Q q 0 0 0 rg BT 262.67 202.70 Td (denominated ) Tj ET Q q 0 0 0 rg BT 310.34 202.70 Td (debt, ) Tj ET Q q 0 0 0 rg BT 330.30 202.70 Td (acting ) Tj ET Q q 0 0 0 rg BT 353.72 202.70 Td (as ) Tj ET Q q 0 0 0 rg BT 364.58 202.70 Td (a ) Tj ET Q q 0 0 0 rg BT 371.54 202.70 Td (natural ) Tj ET Q q 0 0 0 rg BT 397.99 202.70 Td (hedge. ) Tj ET Q q 0 0 0 rg BT 423.93 202.70 Td (As ) Tj ET Q q 0 0 0 rg BT 435.65 202.70 Td (the ) Tj ET Q q 0 0 0 rg BT 449.11 202.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 466.72 202.70 Td ( ) Tj ET Q q 0 0 0 rg BT 469.35 202.70 Td (continues ) Tj ET Q q 0 0 0 rg BT 505.33 202.70 Td (to ) Tj ET Q q 0 0 0 rg BT 514.46 202.70 Td (explore ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 191.30 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 111.55 191.30 Td (opportunities ) Tj ET Q q 0 0 0 rg BT 158.89 191.30 Td (within ) Tj ET Q q 0 0 0 rg BT 181.54 191.30 Td (the ) Tj ET Q q 0 0 0 rg BT 195.10 191.30 Td (United ) Tj ET Q q 0 0 0 rg BT 220.35 191.30 Td (States, ) Tj ET Q q 0 0 0 rg BT 247.34 191.30 Td (the ) Tj ET Q q 0 0 0 rg BT 260.90 191.30 Td (use ) Tj ET Q q 0 0 0 rg BT 276.20 191.30 Td (of ) Tj ET Q q 0 0 0 rg BT 285.43 191.30 Td (foreign ) Tj ET Q q 0 0 0 rg BT 311.98 191.30 Td (currency ) Tj ET Q q 0 0 0 rg BT 344.59 191.30 Td (forwards ) Tj ET Q q 0 0 0 rg BT 377.19 191.30 Td (will ) Tj ET Q q 0 0 0 rg BT 390.73 191.30 Td (be ) Tj ET Q q 0 0 0 rg BT 402.13 191.30 Td (considered ) Tj ET Q q 0 0 0 rg BT 442.98 191.30 Td (to ) Tj ET Q q 0 0 0 rg BT 452.21 191.30 Td (the ) Tj ET Q q 0 0 0 rg BT 465.77 191.30 Td (extent ) Tj ET Q q 0 0 0 rg BT 489.73 191.30 Td (the ) Tj ET Q q 0 0 0 rg BT 503.29 191.30 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 529.16 191.30 Td (net ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 179.90 Td (investment ) Tj ET Q q 0 0 0 rg BT 111.84 179.90 Td (in ) Tj ET Q q 0 0 0 rg BT 120.07 179.90 Td (foreign ) Tj ET Q q 0 0 0 rg BT 146.06 179.90 Td (operations ) Tj ET Q q 0 0 0 rg BT 184.61 179.90 Td (becomes ) Tj ET Q q 0 0 0 rg BT 218.39 179.90 Td (a ) Tj ET Q q 0 0 0 rg BT 224.89 179.90 Td (substantial ) Tj ET Q q 0 0 0 rg BT 264.30 179.90 Td (portion ) Tj ET Q q 0 0 0 rg BT 290.29 179.90 Td (of ) Tj ET Q q 0 0 0 rg BT 298.95 179.90 Td (its ) Tj ET Q q 0 0 0 rg BT 308.91 179.90 Td (business.) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 162.50 Td (24. ) Tj ET Q q 0 0 0 rg BT 85.00 162.50 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 162.50 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 162.50 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 162.50 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 162.50 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 162.50 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 162.50 Td (Capital ) Tj ET Q q 0 0 0 rg BT 126.14 162.50 Td (management) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 145.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.75 145.10 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 113.20 145.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 138.05 145.10 Td (management ) Tj ET Q q 0 0 0 rg BT 185.85 145.10 Td (objectives ) Tj ET Q q 0 0 0 rg BT 222.82 145.10 Td (are ) Tj ET Q q 0 0 0 rg BT 236.40 145.10 Td (to ) Tj ET Q q 0 0 0 rg BT 245.22 145.10 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 254.46 145.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 280.60 145.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 322.33 145.10 Td (with ) Tj ET Q q 0 0 0 rg BT 338.51 145.10 Td (the ) Tj ET Q q 0 0 0 rg BT 351.66 145.10 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 377.12 145.10 Td (Declaration ) Tj ET Q q 0 0 0 rg BT 418.84 145.10 Td (of ) Tj ET Q q 0 0 0 rg BT 427.52 145.10 Td (T) Tj ET Q q 0 0 0 rg BT 432.00 145.10 Td (rust ) Tj ET Q q 0 0 0 rg BT 447.31 145.10 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 458.28 145.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 484.42 145.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 526.15 145.10 Td (with ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 133.70 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 111.80 133.70 Td (in ) Tj ET Q q 0 0 0 rg BT 119.99 133.70 Td (debt ) Tj ET Q q 0 0 0 rg BT 137.29 133.70 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 182.73 133.70 Td (and ) Tj ET Q q 0 0 0 rg BT 197.86 133.70 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 210.37 133.70 Td (provide ) Tj ET Q q 0 0 0 rg BT 238.05 133.70 Td (suf) Tj ET Q q 0 0 0 rg BT 248.31 133.70 Td (ficient ) Tj ET Q q 0 0 0 rg BT 270.80 133.70 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 298.91 133.70 Td (to ) Tj ET Q q 0 0 0 rg BT 307.54 133.70 Td (operate ) Tj ET Q q 0 0 0 rg BT 336.10 133.70 Td (the ) Tj ET Q q 0 0 0 rg BT 349.06 133.70 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 374.33 133.70 Td (properties, ) Tj ET Q q 0 0 0 rg BT 413.27 133.70 Td (fund ) Tj ET Q q 0 0 0 rg BT 430.56 133.70 Td (obligations ) Tj ET Q q 0 0 0 rg BT 469.94 133.70 Td (as ) Tj ET Q q 0 0 0 rg BT 480.31 133.70 Td (they ) Tj ET Q q 0 0 0 rg BT 497.17 133.70 Td (become ) Tj ET Q q 0 0 0 rg BT 527.01 133.70 Td (due ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 122.30 Td (and ) Tj ET Q q 0 0 0 rg BT 87.09 122.30 Td (build ) Tj ET Q q 0 0 0 rg BT 105.64 122.30 Td (unitholder ) Tj ET Q q 0 0 0 rg BT 141.95 122.30 Td (value. ) Tj ET Q q 0 0 0 rg BT 164.83 122.30 Td (Procedures ) Tj ET Q q 0 0 0 rg BT 206.76 122.30 Td (to ) Tj ET Q q 0 0 0 rg BT 215.35 122.30 Td (monitor ) Tj ET Q q 0 0 0 rg BT 243.42 122.30 Td (compliance ) Tj ET Q q 0 0 0 rg BT 284.92 122.30 Td (with ) Tj ET Q q 0 0 0 rg BT 300.87 122.30 Td (the ) Tj ET Q q 0 0 0 rg BT 313.79 122.30 Td (Declaration ) Tj ET Q q 0 0 0 rg BT 355.28 122.30 Td (of ) Tj ET Q q 0 0 0 rg BT 363.74 122.30 Td (T) Tj ET Q q 0 0 0 rg BT 368.22 122.30 Td (rust ) Tj ET Q q 0 0 0 rg BT 383.30 122.30 Td (and ) Tj ET Q q 0 0 0 rg BT 398.39 122.30 Td (debt ) Tj ET Q q 0 0 0 rg BT 415.65 122.30 Td (agreements ) Tj ET Q q 0 0 0 rg BT 458.88 122.30 Td (are ) Tj ET Q q 0 0 0 rg BT 472.23 122.30 Td (performed ) Tj ET Q q 0 0 0 rg BT 509.83 122.30 Td (as ) Tj ET Q q 0 0 0 rg BT 520.15 122.30 Td (a ) Tj ET Q q 0 0 0 rg BT 526.58 122.30 Td (part ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 110.90 Td (of ) Tj ET Q q 0 0 0 rg BT 80.89 110.90 Td (the ) Tj ET Q q 0 0 0 rg BT 94.11 110.90 Td (overall ) Tj ET Q q 0 0 0 rg BT 119.44 110.90 Td (management ) Tj ET Q q 0 0 0 rg BT 167.30 110.90 Td (of ) Tj ET Q q 0 0 0 rg BT 176.19 110.90 Td (operations ) Tj ET Q q 0 0 0 rg BT 214.96 110.90 Td (and ) Tj ET Q q 0 0 0 rg BT 230.34 110.90 Td (periodically ) Tj ET Q q 0 0 0 rg BT 271.70 110.90 Td (by ) Tj ET Q q 0 0 0 rg BT 282.32 110.90 Td (review ) Tj ET Q q 0 0 0 rg BT 307.21 110.90 Td (of ) Tj ET Q q 0 0 0 rg BT 316.10 110.90 Td (the ) Tj ET Q q 0 0 0 rg BT 329.32 110.90 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 354.84 110.90 Td (board ) Tj ET Q q 0 0 0 rg BT 377.15 110.90 Td (of ) Tj ET Q q 0 0 0 rg BT 386.04 110.90 Td (trustees ) Tj ET Q q 0 0 0 rg BT 416.14 110.90 Td (and ) Tj ET Q q 0 0 0 rg BT 431.53 110.90 Td (reporting ) Tj ET Q q 0 0 0 rg BT 464.66 110.90 Td (to ) Tj ET Q q 0 0 0 rg BT 473.55 110.90 Td (the ) Tj ET Q q 0 0 0 rg BT 486.77 110.90 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 512.29 110.90 Td (lenders. ) Tj ET Q q 0 0 0 rg BT 542.17 110.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 99.50 Td (In ) Tj ET Q q 0 0 0 rg BT 81.16 99.50 Td (order ) Tj ET Q q 0 0 0 rg BT 102.00 99.50 Td (to ) Tj ET Q q 0 0 0 rg BT 111.15 99.50 Td (maintain ) Tj ET Q q 0 0 0 rg BT 143.25 99.50 Td (or ) Tj ET Q q 0 0 0 rg BT 152.84 99.50 Td (adjust ) Tj ET Q q 0 0 0 rg BT 176.28 99.50 Td (the ) Tj ET Q q 0 0 0 rg BT 189.77 99.50 Td (capital ) Tj ET Q q 0 0 0 rg BT 214.95 99.50 Td (structure, ) Tj ET Q q 0 0 0 rg BT 250.08 99.50 Td (the ) Tj ET Q q 0 0 0 rg BT 263.57 99.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 281.18 99.50 Td ( ) Tj ET Q q 0 0 0 rg BT 283.83 99.50 Td (may ) Tj ET Q q 0 0 0 rg BT 301.21 99.50 Td (issue ) Tj ET Q q 0 0 0 rg BT 322.05 99.50 Td (trust ) Tj ET Q q 0 0 0 rg BT 339.87 99.50 Td (units, ) Tj ET Q q 0 0 0 rg BT 361.15 99.50 Td (debentures ) Tj ET Q q 0 0 0 rg BT 402.79 99.50 Td (or ) Tj ET Q q 0 0 0 rg BT 412.37 99.50 Td (mortgage ) Tj ET Q q 0 0 0 rg BT 447.94 99.50 Td (debt, ) Tj ET Q q 0 0 0 rg BT 467.92 99.50 Td (adjust ) Tj ET Q q 0 0 0 rg BT 491.37 99.50 Td (the ) Tj ET Q q 0 0 0 rg BT 504.86 99.50 Td (amount ) Tj ET Q q 0 0 0 rg BT 533.50 99.50 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 88.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 115.74 88.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 132.63 88.10 Td (to ) Tj ET Q q 0 0 0 rg BT 141.30 88.10 Td (unitholders, ) Tj ET Q q 0 0 0 rg BT 183.75 88.10 Td (return ) Tj ET Q q 0 0 0 rg BT 206.26 88.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 230.95 88.10 Td (to ) Tj ET Q q 0 0 0 rg BT 239.62 88.10 Td (unitholders, ) Tj ET Q q 0 0 0 rg BT 282.06 88.10 Td (or ) Tj ET Q q 0 0 0 rg BT 291.15 88.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 317.14 88.10 Td (or ) Tj ET Q q 0 0 0 rg BT 326.23 88.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 357.85 88.10 Td (debt.) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 49.50 769.35 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 769.35 Td ( SLA) Tj ET Q q 0 0 0 rg BT 92.81 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.00 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 121.55 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.38 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 442.55 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 459.57 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.01 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 25) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (The REIT) Tj ET Q q 0 0 0 rg BT 105.20 695.10 Td ( considers its debt and equity instruments to be its capital as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 684.6 m 380.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 670.6 m 380.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 684.6 m 460.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 670.6 m 460.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 684.6 m 540.5 684.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 670.6 m 540.5 670.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 670.6 m 460.5 670.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 670.6 m 540.5 670.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 628.6 m 540.5 628.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 628.6 m 380.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 614.6 m 380.5 614.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 628.6 m 460.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 614.6 m 460.5 614.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 628.6 m 540.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 614.6 m 540.5 614.6 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 675.13 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 675.13 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 661.13 Td (Debt, net) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 661.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 422.70 661.13 Td (1,003,951) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 661.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 661.13 Td (795,591) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 647.13 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 113.47 647.13 Td ( units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.55 647.13 Td (40,273) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 513.55 647.13 Td (43,021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 633.13 Td (Equity) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 429.20 633.13 Td (575,929) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.20 633.13 Td (484,548) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 619.13 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 422.70 619.13 Td (1,620,153) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 619.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 502.70 619.13 Td (1,323,160) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 597.70 Td (The ) Tj ET Q q 0 0 0 rg BT 87.93 597.70 Td (Declaration ) Tj ET Q q 0 0 0 rg BT 129.83 597.70 Td (of ) Tj ET Q q 0 0 0 rg BT 138.68 597.70 Td (T) Tj ET Q q 0 0 0 rg BT 143.16 597.70 Td (rust ) Tj ET Q q 0 0 0 rg BT 158.65 597.70 Td (provides ) Tj ET Q q 0 0 0 rg BT 190.60 597.70 Td (that ) Tj ET Q q 0 0 0 rg BT 206.10 597.70 Td (the ) Tj ET Q q 0 0 0 rg BT 219.44 597.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 237.05 597.70 Td ( ) Tj ET Q q 0 0 0 rg BT 239.55 597.70 Td (is ) Tj ET Q q 0 0 0 rg BT 247.68 597.70 Td (not ) Tj ET Q q 0 0 0 rg BT 261.02 597.70 Td (permitted ) Tj ET Q q 0 0 0 rg BT 296.00 597.70 Td (to ) Tj ET Q q 0 0 0 rg BT 305.00 597.70 Td (exceed ) Tj ET Q q 0 0 0 rg BT 332.63 597.70 Td (financial ) Tj ET Q q 0 0 0 rg BT 363.72 597.70 Td (leverage ) Tj ET Q q 0 0 0 rg BT 396.10 597.70 Td (in ) Tj ET Q q 0 0 0 rg BT 404.67 597.70 Td (excess ) Tj ET Q q 0 0 0 rg BT 431.42 597.70 Td (of ) Tj ET Q q 0 0 0 rg BT 440.43 597.70 Td (65% ) Tj ET Q q 0 0 0 rg BT 458.52 597.70 Td (of ) Tj ET Q q 0 0 0 rg BT 467.53 597.70 Td (gross ) Tj ET Q q 0 0 0 rg BT 489.08 597.70 Td (book ) Tj ET Q q 0 0 0 rg BT 508.48 597.70 Td (value, ) Tj ET Q q 0 0 0 rg BT 531.77 597.70 Td (as ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 586.30 Td (defined ) Tj ET Q q 0 0 0 rg BT 99.73 586.30 Td (by ) Tj ET Q q 0 0 0 rg BT 110.12 586.30 Td (the ) Tj ET Q q 0 0 0 rg BT 123.12 586.30 Td (Declaration ) Tj ET Q q 0 0 0 rg BT 164.69 586.30 Td (of ) Tj ET Q q 0 0 0 rg BT 173.22 586.30 Td (T) Tj ET Q q 0 0 0 rg BT 177.70 586.30 Td (rust, ) Tj ET Q q 0 0 0 rg BT 195.02 586.30 Td (and ) Tj ET Q q 0 0 0 rg BT 210.18 586.30 Td (calculated ) Tj ET Q q 0 0 0 rg BT 247.43 586.30 Td (as ) Tj ET Q q 0 0 0 rg BT 257.83 586.30 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 575.8 m 380.5 575.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 561.8 m 380.5 561.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 575.8 m 460.5 575.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 561.8 m 460.5 561.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 575.8 m 540.5 575.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 561.8 m 540.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 561.8 m 460.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 561.8 m 540.5 561.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 533.8 m 460.5 533.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 533.8 m 540.5 533.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 533.8 m 380.5 533.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 533.8 m 460.5 533.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 533.8 m 540.5 533.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 72.5 505.8 m 380.5 505.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72.5 491.8 m 380.5 491.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 380.5 505.8 m 460.5 505.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 491.8 m 460.5 491.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 505.8 m 540.5 505.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 491.8 m 540.5 491.8 l s BT /F3 9.50 Tf ET q 0 0 0 rg BT 401.55 566.33 Td (March 31, 2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.55 566.33 Td (December 31, 2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 552.33 Td (T) Tj ET Q q 0 0 0 rg BT 79.33 552.33 Td (otal assets) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 552.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 418.35 552.33 Td (1,660,947) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 552.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 498.35 552.33 Td (1,364,845) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 538.33 Td (Less: Restricted cash) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.45 538.33 Td (\(594) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 453.05 538.33 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.45 538.33 Td (\(594) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 533.05 538.33 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 524.33 Td (Gross book value) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 418.35 524.33 Td (1,660,353) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 498.35 524.33 Td (1,364,251) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 510.33 Td (Debt, net) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 383.00 510.33 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 418.35 510.33 Td (1,003,951) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 510.33 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 504.85 510.33 Td (795,591) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 75.00 496.33 Td (Leverage ratio) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 437.85 496.33 Td (60.5) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 453.05 496.33 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 517.85 496.33 Td (58.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 533.05 496.33 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 474.90 Td (Additional ) Tj ET Q q 0 0 0 rg BT 107.65 474.90 Td (investment ) Tj ET Q q 0 0 0 rg BT 146.75 474.90 Td (and ) Tj ET Q q 0 0 0 rg BT 161.18 474.90 Td (operating ) Tj ET Q q 0 0 0 rg BT 195.10 474.90 Td (guidelines ) Tj ET Q q 0 0 0 rg BT 231.61 474.90 Td (are ) Tj ET Q q 0 0 0 rg BT 244.30 474.90 Td (provided ) Tj ET Q q 0 0 0 rg BT 275.61 474.90 Td (for ) Tj ET Q q 0 0 0 rg BT 286.13 474.90 Td (by ) Tj ET Q q 0 0 0 rg BT 295.79 474.90 Td (the ) Tj ET Q q 0 0 0 rg BT 308.05 474.90 Td (Declaration ) Tj ET Q q 0 0 0 rg BT 348.89 474.90 Td (of ) Tj ET Q q 0 0 0 rg BT 356.73 474.90 Td (T) Tj ET Q q 0 0 0 rg BT 361.20 474.90 Td (rust. ) Tj ET Q q 0 0 0 rg BT 377.70 474.90 Td (The ) Tj ET Q q 0 0 0 rg BT 392.55 474.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 410.16 474.90 Td ( ) Tj ET Q q 0 0 0 rg BT 411.59 474.90 Td (is ) Tj ET Q q 0 0 0 rg BT 418.65 474.90 Td (in ) Tj ET Q q 0 0 0 rg BT 426.14 474.90 Td (compliance ) Tj ET Q q 0 0 0 rg BT 466.98 474.90 Td (with ) Tj ET Q q 0 0 0 rg BT 482.26 474.90 Td (these ) Tj ET Q q 0 0 0 rg BT 502.75 474.90 Td (guidelines. ) Tj ET Q q 0 0 0 rg BT 542.17 474.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 457.50 Td (The ) Tj ET Q q 0 0 0 rg BT 86.91 457.50 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 111.54 457.50 Td (revolving ) Tj ET Q q 0 0 0 rg BT 144.20 457.50 Td (operating ) Tj ET Q q 0 0 0 rg BT 178.18 457.50 Td (facilities, ) Tj ET Q q 0 0 0 rg BT 209.55 457.50 Td (revolving ) Tj ET Q q 0 0 0 rg BT 242.21 457.50 Td (credit ) Tj ET Q q 0 0 0 rg BT 262.75 457.50 Td (facility) Tj ET Q q 0 0 0 rg BT 283.83 457.50 Td (, ) Tj ET Q q 0 0 0 rg BT 287.49 457.50 Td (term ) Tj ET Q q 0 0 0 rg BT 304.56 457.50 Td (loan, ) Tj ET Q q 0 0 0 rg BT 322.94 457.50 Td (construction ) Tj ET Q q 0 0 0 rg BT 366.44 457.50 Td (facility) Tj ET Q q 0 0 0 rg BT 387.52 457.50 Td (, ) Tj ET Q q 0 0 0 rg BT 391.18 457.50 Td (and ) Tj ET Q q 0 0 0 rg BT 405.66 457.50 Td (some ) Tj ET Q q 0 0 0 rg BT 426.20 457.50 Td (mortgages ) Tj ET Q q 0 0 0 rg BT 464.50 457.50 Td (are ) Tj ET Q q 0 0 0 rg BT 477.25 457.50 Td (subject ) Tj ET Q q 0 0 0 rg BT 503.43 457.50 Td (to ) Tj ET Q q 0 0 0 rg BT 511.42 457.50 Td (financial ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 446.10 Td (and ) Tj ET Q q 0 0 0 rg BT 87.73 446.10 Td (other ) Tj ET Q q 0 0 0 rg BT 108.23 446.10 Td (covenants, ) Tj ET Q q 0 0 0 rg BT 148.65 446.10 Td (including ) Tj ET Q q 0 0 0 rg BT 182.13 446.10 Td (customary ) Tj ET Q q 0 0 0 rg BT 220.81 446.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 257.30 446.10 Td (leverage ) Tj ET Q q 0 0 0 rg BT 289.92 446.10 Td (ratios, ) Tj ET Q q 0 0 0 rg BT 313.88 446.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 342.16 446.10 Td (service ) Tj ET Q q 0 0 0 rg BT 369.58 446.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 404.36 446.10 Td (ratios, ) Tj ET Q q 0 0 0 rg BT 428.32 446.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 462.65 446.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 480.55 446.10 Td (service ) Tj ET Q q 0 0 0 rg BT 507.96 446.10 Td (coverage ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 434.70 Td (ratios, ) Tj ET Q q 0 0 0 rg BT 95.38 434.70 Td (minimum ) Tj ET Q q 0 0 0 rg BT 129.15 434.70 Td (unitholders' ) Tj ET Q q 0 0 0 rg BT 170.92 434.70 Td ( ) Tj ET Q q 0 0 0 rg BT 173.09 434.70 Td (equity ) Tj ET Q q 0 0 0 rg BT 196.04 434.70 Td (among ) Tj ET Q q 0 0 0 rg BT 222.03 434.70 Td (others. ) Tj ET Q q 0 0 0 rg BT 247.88 434.70 Td (The ) Tj ET Q q 0 0 0 rg BT 263.47 434.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 281.08 434.70 Td ( ) Tj ET Q q 0 0 0 rg BT 283.25 434.70 Td (is ) Tj ET Q q 0 0 0 rg BT 291.04 434.70 Td (in ) Tj ET Q q 0 0 0 rg BT 299.27 434.70 Td (compliance ) Tj ET Q q 0 0 0 rg BT 340.84 434.70 Td (with ) Tj ET Q q 0 0 0 rg BT 356.86 434.70 Td (these ) Tj ET Q q 0 0 0 rg BT 378.09 434.70 Td (covenants. ) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 417.30 Td (25. ) Tj ET Q q 0 0 0 rg BT 85.00 417.30 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 417.30 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 417.30 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 417.30 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 417.30 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 417.30 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 417.30 Td (Income ) Tj ET Q q 0 0 0 rg BT 127.44 417.30 Td (taxes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 399.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.93 399.90 Td (Income ) Tj ET Q q 0 0 0 rg BT 115.84 399.90 Td (T) Tj ET Q q 0 0 0 rg BT 119.74 399.90 Td (ax ) Tj ET Q q 0 0 0 rg BT 129.98 399.90 Td (Act ) Tj ET Q q 0 0 0 rg BT 143.75 399.90 Td (\(Canada\) ) Tj ET Q q 0 0 0 rg BT 178.73 399.90 Td (contains ) Tj ET Q q 0 0 0 rg BT 210.26 399.90 Td (legislation ) Tj ET Q q 0 0 0 rg BT 247.42 399.90 Td (af) Tj ET Q q 0 0 0 rg BT 253.78 399.90 Td (fecting ) Tj ET Q q 0 0 0 rg BT 279.25 399.90 Td (the ) Tj ET Q q 0 0 0 rg BT 292.59 399.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 305.50 399.90 Td (treatment ) Tj ET Q q 0 0 0 rg BT 340.92 399.90 Td (of ) Tj ET Q q 0 0 0 rg BT 349.93 399.90 Td (specified ) Tj ET Q q 0 0 0 rg BT 383.19 399.90 Td (investment ) Tj ET Q q 0 0 0 rg BT 423.38 399.90 Td (flow-through ) Tj ET Q q 0 0 0 rg BT 468.75 399.90 Td (\(SIFT\) ) Tj ET Q q 0 0 0 rg BT 498.52 399.90 Td (trusts ) Tj ET Q q 0 0 0 rg BT 520.08 399.90 Td (which ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 388.50 Td (include ) Tj ET Q q 0 0 0 rg BT 99.65 388.50 Td (publicly-listed ) Tj ET Q q 0 0 0 rg BT 149.37 388.50 Td (income ) Tj ET Q q 0 0 0 rg BT 177.44 388.50 Td (trusts ) Tj ET Q q 0 0 0 rg BT 199.45 388.50 Td (\(the ) Tj ET Q q 0 0 0 rg BT 215.83 388.50 Td (SIFT) Tj ET Q q 0 0 0 rg BT 235.17 388.50 Td ( ) Tj ET Q q 0 0 0 rg BT 238.13 388.50 Td (Rules\). ) Tj ET Q q 0 0 0 rg BT 268.35 388.50 Td (Under ) Tj ET Q q 0 0 0 rg BT 292.53 388.50 Td (the ) Tj ET Q q 0 0 0 rg BT 306.32 388.50 Td (SIFT) Tj ET Q q 0 0 0 rg BT 323.06 388.50 Td ( ) Tj ET Q q 0 0 0 rg BT 326.02 388.50 Td (Rules, ) Tj ET Q q 0 0 0 rg BT 351.06 388.50 Td (certain ) Tj ET Q q 0 0 0 rg BT 377.40 388.50 Td (distributions ) Tj ET Q q 0 0 0 rg BT 421.93 388.50 Td (from ) Tj ET Q q 0 0 0 rg BT 440.47 388.50 Td (a ) Tj ET Q q 0 0 0 rg BT 447.76 388.50 Td (SIFT) Tj ET Q q 0 0 0 rg BT 464.51 388.50 Td ( ) Tj ET Q q 0 0 0 rg BT 467.47 388.50 Td (are ) Tj ET Q q 0 0 0 rg BT 481.68 388.50 Td (not ) Tj ET Q q 0 0 0 rg BT 495.47 388.50 Td (deductible ) Tj ET Q q 0 0 0 rg BT 533.95 388.50 Td (in ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 377.10 Td (computing ) Tj ET Q q 0 0 0 rg BT 110.55 377.10 Td (a ) Tj ET Q q 0 0 0 rg BT 117.48 377.10 Td (SIFT) Tj ET Q q 0 0 0 rg BT 135.96 377.10 Td (s ) Tj ET Q q 0 0 0 rg BT 142.46 377.10 Td (taxable ) Tj ET Q q 0 0 0 rg BT 170.18 377.10 Td (income, ) Tj ET Q q 0 0 0 rg BT 200.07 377.10 Td (and ) Tj ET Q q 0 0 0 rg BT 215.67 377.10 Td (the ) Tj ET Q q 0 0 0 rg BT 229.10 377.10 Td (SIFT) Tj ET Q q 0 0 0 rg BT 245.85 377.10 Td ( ) Tj ET Q q 0 0 0 rg BT 248.45 377.10 Td (is ) Tj ET Q q 0 0 0 rg BT 256.68 377.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 283.97 377.10 Td (to ) Tj ET Q q 0 0 0 rg BT 293.07 377.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 306.07 377.10 Td (on ) Tj ET Q q 0 0 0 rg BT 317.34 377.10 Td (such ) Tj ET Q q 0 0 0 rg BT 336.40 377.10 Td (distributions ) Tj ET Q q 0 0 0 rg BT 380.57 377.10 Td (at ) Tj ET Q q 0 0 0 rg BT 389.68 377.10 Td (a ) Tj ET Q q 0 0 0 rg BT 396.61 377.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 412.64 377.10 Td (that ) Tj ET Q q 0 0 0 rg BT 428.24 377.10 Td (is ) Tj ET Q q 0 0 0 rg BT 436.47 377.10 Td (substantially ) Tj ET Q q 0 0 0 rg BT 481.95 377.10 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 520.07 377.10 Td (to ) Tj ET Q q 0 0 0 rg BT 529.17 377.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 365.70 Td (general ) Tj ET Q q 0 0 0 rg BT 99.88 365.70 Td (tax ) Tj ET Q q 0 0 0 rg BT 112.18 365.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 127.50 365.70 Td (applicable ) Tj ET Q q 0 0 0 rg BT 164.48 365.70 Td (to ) Tj ET Q q 0 0 0 rg BT 172.87 365.70 Td (a ) Tj ET Q q 0 0 0 rg BT 179.10 365.70 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 214.35 365.70 Td (corporation. ) Tj ET Q q 0 0 0 rg BT 257.39 365.70 Td (However) Tj ET Q q 0 0 0 rg BT 287.69 365.70 Td (, ) Tj ET Q q 0 0 0 rg BT 291.75 365.70 Td (distributions ) Tj ET Q q 0 0 0 rg BT 335.22 365.70 Td (paid ) Tj ET Q q 0 0 0 rg BT 351.85 365.70 Td (by ) Tj ET Q q 0 0 0 rg BT 361.98 365.70 Td (a ) Tj ET Q q 0 0 0 rg BT 368.21 365.70 Td (SIFT) Tj ET Q q 0 0 0 rg BT 384.95 365.70 Td ( ) Tj ET Q q 0 0 0 rg BT 386.85 365.70 Td (as ) Tj ET Q q 0 0 0 rg BT 396.97 365.70 Td (returns ) Tj ET Q q 0 0 0 rg BT 423.12 365.70 Td (of ) Tj ET Q q 0 0 0 rg BT 431.51 365.70 Td (capital ) Tj ET Q q 0 0 0 rg BT 455.93 365.70 Td (are ) Tj ET Q q 0 0 0 rg BT 469.09 365.70 Td (generally ) Tj ET Q q 0 0 0 rg BT 502.60 365.70 Td (not ) Tj ET Q q 0 0 0 rg BT 515.33 365.70 Td (subject ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 354.30 Td (to ) Tj ET Q q 0 0 0 rg BT 80.81 354.30 Td (tax. ) Tj ET Q q 0 0 0 rg BT 95.55 354.30 Td (The ) Tj ET Q q 0 0 0 rg BT 111.28 354.30 Td (SIFT) Tj ET Q q 0 0 0 rg BT 128.03 354.30 Td ( ) Tj ET Q q 0 0 0 rg BT 130.35 354.30 Td (Rules ) Tj ET Q q 0 0 0 rg BT 152.57 354.30 Td (do ) Tj ET Q q 0 0 0 rg BT 163.55 354.30 Td (not ) Tj ET Q q 0 0 0 rg BT 176.70 354.30 Td (apply ) Tj ET Q q 0 0 0 rg BT 197.64 354.30 Td (to ) Tj ET Q q 0 0 0 rg BT 206.45 354.30 Td (a ) Tj ET Q q 0 0 0 rg BT 213.10 354.30 Td (real ) Tj ET Q q 0 0 0 rg BT 228.40 354.30 Td (estate ) Tj ET Q q 0 0 0 rg BT 251.94 354.30 Td (investment ) Tj ET Q q 0 0 0 rg BT 291.93 354.30 Td (trust ) Tj ET Q q 0 0 0 rg BT 309.40 354.30 Td (that ) Tj ET Q q 0 0 0 rg BT 324.72 354.30 Td (meets ) Tj ET Q q 0 0 0 rg BT 348.25 354.30 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 386.94 354.30 Td (conditions ) Tj ET Q q 0 0 0 rg BT 424.33 354.30 Td (relating ) Tj ET Q q 0 0 0 rg BT 452.20 354.30 Td (to ) Tj ET Q q 0 0 0 rg BT 461.01 354.30 Td (the ) Tj ET Q q 0 0 0 rg BT 474.16 354.30 Td (nature ) Tj ET Q q 0 0 0 rg BT 498.56 354.30 Td (of ) Tj ET Q q 0 0 0 rg BT 507.38 354.30 Td (its ) Tj ET Q q 0 0 0 rg BT 517.48 354.30 Td (assets ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 342.90 Td (and ) Tj ET Q q 0 0 0 rg BT 87.07 342.90 Td (revenue ) Tj ET Q q 0 0 0 rg BT 117.29 342.90 Td (\(the ) Tj ET Q q 0 0 0 rg BT 132.78 342.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 152.98 342.90 Td ( ) Tj ET Q q 0 0 0 rg BT 155.05 342.90 Td (Conditions\). ) Tj ET Q q 0 0 0 rg BT 201.28 342.90 Td (Instead, ) Tj ET Q q 0 0 0 rg BT 231.07 342.90 Td (a ) Tj ET Q q 0 0 0 rg BT 237.48 342.90 Td (real ) Tj ET Q q 0 0 0 rg BT 252.53 342.90 Td (estate ) Tj ET Q q 0 0 0 rg BT 275.83 342.90 Td (investment ) Tj ET Q q 0 0 0 rg BT 315.57 342.90 Td (trust ) Tj ET Q q 0 0 0 rg BT 332.80 342.90 Td (that ) Tj ET Q q 0 0 0 rg BT 347.86 342.90 Td (meets ) Tj ET Q q 0 0 0 rg BT 371.15 342.90 Td (the ) Tj ET Q q 0 0 0 rg BT 384.05 342.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 401.66 342.90 Td ( ) Tj ET Q q 0 0 0 rg BT 403.73 342.90 Td (Conditions ) Tj ET Q q 0 0 0 rg BT 442.60 342.90 Td (is ) Tj ET Q q 0 0 0 rg BT 450.30 342.90 Td (not ) Tj ET Q q 0 0 0 rg BT 463.20 342.90 Td (liable ) Tj ET Q q 0 0 0 rg BT 483.46 342.90 Td (to ) Tj ET Q q 0 0 0 rg BT 492.02 342.90 Td (pay ) Tj ET Q q 0 0 0 rg BT 506.65 342.90 Td (Canadian ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 331.50 Td (income ) Tj ET Q q 0 0 0 rg BT 99.28 331.50 Td (taxes ) Tj ET Q q 0 0 0 rg BT 120.07 331.50 Td (provided ) Tj ET Q q 0 0 0 rg BT 152.12 331.50 Td (that ) Tj ET Q q 0 0 0 rg BT 167.29 331.50 Td (its ) Tj ET Q q 0 0 0 rg BT 177.25 331.50 Td (taxable ) Tj ET Q q 0 0 0 rg BT 204.54 331.50 Td (income ) Tj ET Q q 0 0 0 rg BT 231.82 331.50 Td (is ) Tj ET Q q 0 0 0 rg BT 239.61 331.50 Td (fully ) Tj ET Q q 0 0 0 rg BT 255.63 331.50 Td (distributed ) Tj ET Q q 0 0 0 rg BT 293.75 331.50 Td (to ) Tj ET Q q 0 0 0 rg BT 302.41 331.50 Td (unitholders ) Tj ET Q q 0 0 0 rg BT 342.69 331.50 Td (during ) Tj ET Q q 0 0 0 rg BT 366.51 331.50 Td (the ) Tj ET Q q 0 0 0 rg BT 379.51 331.50 Td (period.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 403.33 331.50 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 314.10 Td (The ) Tj ET Q q 0 0 0 rg BT 86.94 314.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 104.55 314.10 Td ( ) Tj ET Q q 0 0 0 rg BT 106.07 314.10 Td (has ) Tj ET Q q 0 0 0 rg BT 120.15 314.10 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 152.84 314.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.19 314.10 Td (SIFT) Tj ET Q q 0 0 0 rg BT 181.94 314.10 Td ( ) Tj ET Q q 0 0 0 rg BT 183.46 314.10 Td (Rules ) Tj ET Q q 0 0 0 rg BT 204.89 314.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.41 314.10 Td (has ) Tj ET Q q 0 0 0 rg BT 233.49 314.10 Td (assessed ) Tj ET Q q 0 0 0 rg BT 267.92 314.10 Td (their ) Tj ET Q q 0 0 0 rg BT 284.60 314.10 Td (application ) Tj ET Q q 0 0 0 rg BT 323.37 314.10 Td (to ) Tj ET Q q 0 0 0 rg BT 331.39 314.10 Td (the ) Tj ET Q q 0 0 0 rg BT 343.74 314.10 Td (REIT) Tj ET Q q 0 0 0 rg BT 363.07 314.10 Td (s ) Tj ET Q q 0 0 0 rg BT 368.49 314.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 392.53 314.10 Td (and ) Tj ET Q q 0 0 0 rg BT 407.05 314.10 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 442.78 314.10 Td (While ) Tj ET Q q 0 0 0 rg BT 463.78 314.10 Td (there ) Tj ET Q q 0 0 0 rg BT 483.06 314.10 Td (are ) Tj ET Q q 0 0 0 rg BT 495.83 314.10 Td (uncertainties ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 302.70 Td (in ) Tj ET Q q 0 0 0 rg BT 79.49 302.70 Td (the ) Tj ET Q q 0 0 0 rg BT 91.74 302.70 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 138.64 302.70 Td (and ) Tj ET Q q 0 0 0 rg BT 153.06 302.70 Td (application ) Tj ET Q q 0 0 0 rg BT 191.74 302.70 Td (of ) Tj ET Q q 0 0 0 rg BT 199.66 302.70 Td (the ) Tj ET Q q 0 0 0 rg BT 211.91 302.70 Td (SIFT) Tj ET Q q 0 0 0 rg BT 228.66 302.70 Td ( ) Tj ET Q q 0 0 0 rg BT 230.08 302.70 Td (Rules, ) Tj ET Q q 0 0 0 rg BT 253.59 302.70 Td (the ) Tj ET Q q 0 0 0 rg BT 265.84 302.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 283.45 302.70 Td ( ) Tj ET Q q 0 0 0 rg BT 284.88 302.70 Td (believes ) Tj ET Q q 0 0 0 rg BT 314.88 302.70 Td (that ) Tj ET Q q 0 0 0 rg BT 329.31 302.70 Td (it ) Tj ET Q q 0 0 0 rg BT 334.63 302.70 Td (has ) Tj ET Q q 0 0 0 rg BT 348.61 302.70 Td (met ) Tj ET Q q 0 0 0 rg BT 363.02 302.70 Td (the ) Tj ET Q q 0 0 0 rg BT 375.28 302.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 392.89 302.70 Td ( ) Tj ET Q q 0 0 0 rg BT 394.31 302.70 Td (Conditions ) Tj ET Q q 0 0 0 rg BT 432.54 302.70 Td (for ) Tj ET Q q 0 0 0 rg BT 443.06 302.70 Td (the ) Tj ET Q q 0 0 0 rg BT 455.32 302.70 Td (periods ) Tj ET Q q 0 0 0 rg BT 482.29 302.70 Td (ended ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 505.38 302.70 Td (March31, ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 291.30 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 89.33 291.30 Td ( ) Tj ET Q q 0 0 0 rg BT 92.15 291.30 Td (and ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 107.97 291.30 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 125.30 291.30 Td (, ) Tj ET Q q 0 0 0 rg BT 130.29 291.30 Td (and ) Tj ET Q q 0 0 0 rg BT 146.10 291.30 Td (accordingly ) Tj ET Q q 0 0 0 rg BT 188.33 291.30 Td (is ) Tj ET Q q 0 0 0 rg BT 196.78 291.30 Td (not ) Tj ET Q q 0 0 0 rg BT 210.43 291.30 Td (subject ) Tj ET Q q 0 0 0 rg BT 237.94 291.30 Td (to ) Tj ET Q q 0 0 0 rg BT 247.26 291.30 Td (current ) Tj ET Q q 0 0 0 rg BT 274.32 291.30 Td (income ) Tj ET Q q 0 0 0 rg BT 302.26 291.30 Td (taxes ) Tj ET Q q 0 0 0 rg BT 323.70 291.30 Td (in ) Tj ET Q q 0 0 0 rg BT 332.59 291.30 Td (Canada. ) Tj ET Q q 0 0 0 rg BT 364.30 291.30 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 404.00 291.30 Td (, ) Tj ET Q q 0 0 0 rg BT 408.99 291.30 Td (no ) Tj ET Q q 0 0 0 rg BT 420.47 291.30 Td (provision ) Tj ET Q q 0 0 0 rg BT 454.47 291.30 Td (for ) Tj ET Q q 0 0 0 rg BT 466.38 291.30 Td (current ) Tj ET Q q 0 0 0 rg BT 493.45 291.30 Td (income ) Tj ET Q q 0 0 0 rg BT 521.38 291.30 Td (taxes ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 279.90 Td (payable ) Tj ET Q q 0 0 0 rg BT 101.46 279.90 Td (is ) Tj ET Q q 0 0 0 rg BT 109.25 279.90 Td (required, ) Tj ET Q q 0 0 0 rg BT 142.16 279.90 Td (except ) Tj ET Q q 0 0 0 rg BT 167.29 279.90 Td (for ) Tj ET Q q 0 0 0 rg BT 178.54 279.90 Td (amounts ) Tj ET Q q 0 0 0 rg BT 210.59 279.90 Td (incurred ) Tj ET Q q 0 0 0 rg BT 240.90 279.90 Td (by ) Tj ET Q q 0 0 0 rg BT 251.30 279.90 Td (the ) Tj ET Q q 0 0 0 rg BT 264.30 279.90 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 281.61 279.90 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 316.12 279.90 Td (. ) Tj ET Q q 0 0 0 rg BT 320.45 279.90 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 262.50 Td (The ) Tj ET Q q 0 0 0 rg BT 86.93 262.50 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 111.56 262.50 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 128.21 262.50 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 164.79 262.50 Td (is ) Tj ET Q q 0 0 0 rg BT 171.92 262.50 Td (subject ) Tj ET Q q 0 0 0 rg BT 198.11 262.50 Td (to ) Tj ET Q q 0 0 0 rg BT 206.11 262.50 Td (federal ) Tj ET Q q 0 0 0 rg BT 231.43 262.50 Td (and ) Tj ET Q q 0 0 0 rg BT 245.93 262.50 Td (state ) Tj ET Q q 0 0 0 rg BT 264.33 262.50 Td (income ) Tj ET Q q 0 0 0 rg BT 290.94 262.50 Td (tax ) Tj ET Q q 0 0 0 rg BT 302.84 262.50 Td (on ) Tj ET Q q 0 0 0 rg BT 313.01 262.50 Td (taxable ) Tj ET Q q 0 0 0 rg BT 339.63 262.50 Td (income ) Tj ET Q q 0 0 0 rg BT 366.25 262.50 Td (from ) Tj ET Q q 0 0 0 rg BT 383.33 262.50 Td (U.S ) Tj ET Q q 0 0 0 rg BT 397.82 262.50 Td (operations. ) Tj ET Q q 0 0 0 rg BT 437.78 262.50 Td (The ) Tj ET Q q 0 0 0 rg BT 452.70 262.50 Td (REIT) Tj ET Q q 0 0 0 rg BT 470.31 262.50 Td ( ) Tj ET Q q 0 0 0 rg BT 471.81 262.50 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 510.99 262.50 Td (deferred ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 251.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 84.68 251.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 109.48 251.10 Td (and ) Tj ET Q q 0 0 0 rg BT 124.76 251.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 156.48 251.10 Td (at ) Tj ET Q q 0 0 0 rg BT 165.27 251.10 Td (prevailing ) Tj ET Q q 0 0 0 rg BT 200.89 251.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 213.57 251.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 233.17 251.10 Td (when ) Tj ET Q q 0 0 0 rg BT 254.07 251.10 Td (such ) Tj ET Q q 0 0 0 rg BT 272.81 251.10 Td (dif) Tj ET Q q 0 0 0 rg BT 280.91 251.10 Td (ferences ) Tj ET Q q 0 0 0 rg BT 313.07 251.10 Td (are ) Tj ET Q q 0 0 0 rg BT 326.61 251.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 360.52 251.10 Td (to ) Tj ET Q q 0 0 0 rg BT 369.30 251.10 Td (settle, ) Tj ET Q q 0 0 0 rg BT 392.37 251.10 Td (based ) Tj ET Q q 0 0 0 rg BT 415.88 251.10 Td (on ) Tj ET Q q 0 0 0 rg BT 426.82 251.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 439.50 251.10 Td (laws ) Tj ET Q q 0 0 0 rg BT 457.36 251.10 Td (enacted ) Tj ET Q q 0 0 0 rg BT 487.37 251.10 Td (at ) Tj ET Q q 0 0 0 rg BT 496.15 251.10 Td (the ) Tj ET Q q 0 0 0 rg BT 509.27 251.10 Td (reporting ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 239.70 Td (date. ) Tj ET Q q 0 0 0 rg BT 90.80 239.70 Td (The ) Tj ET Q q 0 0 0 rg BT 105.79 239.70 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 122.50 239.70 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 159.14 239.70 Td (is ) Tj ET Q q 0 0 0 rg BT 166.34 239.70 Td (subject ) Tj ET Q q 0 0 0 rg BT 192.59 239.70 Td (to ) Tj ET Q q 0 0 0 rg BT 200.65 239.70 Td (a ) Tj ET Q q 0 0 0 rg BT 206.55 239.70 Td (combined ) Tj ET Q q 0 0 0 rg BT 241.90 239.70 Td (federal ) Tj ET Q q 0 0 0 rg BT 267.28 239.70 Td (and ) Tj ET Q q 0 0 0 rg BT 281.84 239.70 Td (state ) Tj ET Q q 0 0 0 rg BT 300.30 239.70 Td (rate ) Tj ET Q q 0 0 0 rg BT 315.29 239.70 Td (of ) Tj ET Q q 0 0 0 rg BT 323.36 239.70 Td (28.51%. ) Tj ET Q q 0 0 0 rg BT 353.42 239.70 Td (T) Tj ET Q q 0 0 0 rg BT 357.31 239.70 Td (o ) Tj ET Q q 0 0 0 rg BT 363.21 239.70 Td (the ) Tj ET Q q 0 0 0 rg BT 375.61 239.70 Td (extent ) Tj ET Q q 0 0 0 rg BT 398.40 239.70 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 415.12 239.70 Td (taxes ) Tj ET Q q 0 0 0 rg BT 435.31 239.70 Td (are ) Tj ET Q q 0 0 0 rg BT 448.13 239.70 Td (paid ) Tj ET Q q 0 0 0 rg BT 464.42 239.70 Td (by ) Tj ET Q q 0 0 0 rg BT 474.22 239.70 Td (the ) Tj ET Q q 0 0 0 rg BT 486.61 239.70 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 503.33 239.70 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 537.83 239.70 Td (, ) Tj ET Q q 0 0 0 rg BT 542.17 239.70 Td ( ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 228.30 Td (such ) Tj ET Q q 0 0 0 rg BT 90.62 228.30 Td (amounts ) Tj ET Q q 0 0 0 rg BT 122.67 228.30 Td (will ) Tj ET Q q 0 0 0 rg BT 135.65 228.30 Td (be ) Tj ET Q q 0 0 0 rg BT 146.49 228.30 Td (creditable ) Tj ET Q q 0 0 0 rg BT 182.43 228.30 Td (against ) Tj ET Q q 0 0 0 rg BT 209.72 228.30 Td (an ) Tj ET Q q 0 0 0 rg BT 220.55 228.30 Td (investor's ) Tj ET Q q 0 0 0 rg BT 255.39 228.30 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 290.90 228.30 Td (federal ) Tj ET Q q 0 0 0 rg BT 316.89 228.30 Td (income ) Tj ET Q q 0 0 0 rg BT 344.17 228.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 356.73 228.30 Td (liability ) Tj ET Q q 0 0 0 rg BT 382.28 228.30 Td (to ) Tj ET Q q 0 0 0 rg BT 390.95 228.30 Td (the ) Tj ET Q q 0 0 0 rg BT 403.94 228.30 Td (extent ) Tj ET Q q 0 0 0 rg BT 427.34 228.30 Td (permitted ) Tj ET Q q 0 0 0 rg BT 461.98 228.30 Td (by ) Tj ET Q q 0 0 0 rg BT 472.38 228.30 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 507.89 228.30 Td (tax ) Tj ET Q q 0 0 0 rg BT 520.45 228.30 Td (law) Tj ET Q q 0 0 0 rg BT 531.71 228.30 Td (.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 210.90 Td (The ) Tj ET Q q 0 0 0 rg BT 87.55 210.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 100.07 210.90 Td (ef) Tj ET Q q 0 0 0 rg BT 106.43 210.90 Td (fects ) Tj ET Q q 0 0 0 rg BT 125.01 210.90 Td (of ) Tj ET Q q 0 0 0 rg BT 133.64 210.90 Td (temporary ) Tj ET Q q 0 0 0 rg BT 170.83 210.90 Td (dif) Tj ET Q q 0 0 0 rg BT 178.93 210.90 Td (ferences ) Tj ET Q q 0 0 0 rg BT 210.93 210.90 Td (related ) Tj ET Q q 0 0 0 rg BT 236.88 210.90 Td (to ) Tj ET Q q 0 0 0 rg BT 245.50 210.90 Td (the ) Tj ET Q q 0 0 0 rg BT 258.46 210.90 Td (REIT's ) Tj ET Q q 0 0 0 rg BT 283.71 210.90 Td (properties ) Tj ET Q q 0 0 0 rg BT 320.48 210.90 Td (give ) Tj ET Q q 0 0 0 rg BT 336.90 210.90 Td (rise ) Tj ET Q q 0 0 0 rg BT 351.57 210.90 Td (to ) Tj ET Q q 0 0 0 rg BT 360.20 210.90 Td (the ) Tj ET Q q 0 0 0 rg BT 373.15 210.90 Td (recognition ) Tj ET Q q 0 0 0 rg BT 413.39 210.90 Td (of ) Tj ET Q q 0 0 0 rg BT 422.01 210.90 Td (a ) Tj ET Q q 0 0 0 rg BT 428.47 210.90 Td (deferred ) Tj ET Q q 0 0 0 rg BT 459.61 210.90 Td (tax ) Tj ET Q q 0 0 0 rg BT 472.13 210.90 Td (asset ) Tj ET Q q 0 0 0 rg BT 492.87 210.90 Td (in ) Tj ET Q q 0 0 0 rg BT 501.06 210.90 Td (the ) Tj ET Q q 0 0 0 rg BT 514.02 210.90 Td (amount ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 199.50 Td (of ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 80.67 199.50 Td ($0.8 ) Tj ET Q q 0 0 0 rg BT 98.00 199.50 Td (million) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 120.07 199.50 Td (. ) Tj ET Q q 0 0 0 rg BT 124.27 199.50 Td (The ) Tj ET Q q 0 0 0 rg BT 139.86 199.50 Td (following ) Tj ET Q q 0 0 0 rg BT 172.34 199.50 Td (is ) Tj ET Q q 0 0 0 rg BT 180.13 199.50 Td (a ) Tj ET Q q 0 0 0 rg BT 186.63 199.50 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 234.27 199.50 Td (of ) Tj ET Q q 0 0 0 rg BT 242.93 199.50 Td (the ) Tj ET Q q 0 0 0 rg BT 255.93 199.50 Td (deferred ) Tj ET Q q 0 0 0 rg BT 287.11 199.50 Td (tax ) Tj ET Q q 0 0 0 rg BT 299.67 199.50 Td (asset ) Tj ET Q q 0 0 0 rg BT 320.47 199.50 Td (during ) Tj ET Q q 0 0 0 rg BT 344.29 199.50 Td (the ) Tj ET Q q 0 0 0 rg BT 357.28 199.50 Td (period:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 183 m 387.5 183 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 183 m 463.5 183 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 183 m 539.5 183 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 155 m 387.5 155 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 387.5 155 m 463.5 155 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 155 m 539.5 155 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 113 m 387.5 113 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 387.5 113 m 463.5 113 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 113 m 539.5 113 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 99 m 387.5 99 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 99 m 463.5 99 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 99 m 539.5 99 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 427.25 173.53 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 442.65 159.53 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 518.65 159.53 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 145.53 Td (Beginning of the period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 390.00 145.53 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 452.60 145.53 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.00 145.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.60 145.53 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 131.53 Td (Deferred income tax recovery) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.80 131.53 Td (\(790) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 460.40 131.53 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.60 131.53 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 117.53 Td (Foreign exchange) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 453.45 117.53 Td (\(8) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 460.40 117.53 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.60 117.53 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 103.53 Td (End of the period) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 390.00 103.53 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.80 103.53 Td (\(798) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 460.40 103.53 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.00 103.53 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 528.60 103.53 Td () Tj ET Q BT /F1 10.00 Tf ET endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.50 769.35 Td (SLA) Tj ET Q q 0 0 0 rg BT 94.61 769.35 Td (TE OFFICE REIT) Tj ET Q BT /F3 14.00 Tf ET q 0 0 0 rg BT 72.50 752.55 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 122.05 752.55 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 304.88 752.55 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 443.05 752.55 Td ( ST) Tj ET Q q 0 0 0 rg BT 460.07 752.55 Td (A) Tj ET Q q 0 0 0 rg BT 467.51 752.55 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.50 740.55 Td (\(all tabular amounts are expressed in thousands of Canadian dollars, unless otherwise noted\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.50 728.55 Td (\(unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 42.95 Td (Page 26) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 695.10 Td (A) Tj ET Q q 0 0 0 rg BT 76.77 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 79.34 695.10 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 127.37 695.10 Td (of ) Tj ET Q q 0 0 0 rg BT 136.44 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 149.84 695.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 184.03 695.10 Td (income ) Tj ET Q q 0 0 0 rg BT 211.71 695.10 Td (taxes ) Tj ET Q q 0 0 0 rg BT 232.90 695.10 Td (based ) Tj ET Q q 0 0 0 rg BT 256.70 695.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 276.59 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 289.99 695.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 309.89 695.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 342.34 695.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 362.23 695.10 Td (and ) Tj ET Q q 0 0 0 rg BT 377.79 695.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.19 695.10 Td (income ) Tj ET Q q 0 0 0 rg BT 418.87 695.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 431.84 695.10 Td (recovery ) Tj ET Q q 0 0 0 rg BT 464.28 695.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 504.96 695.10 Td (during ) Tj ET Q q 0 0 0 rg BT 529.18 695.10 Td (the ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 683.70 Td (periods ) Tj ET Q q 0 0 0 rg BT 99.72 683.70 Td (are ) Tj ET Q q 0 0 0 rg BT 113.14 683.70 Td (as ) Tj ET Q q 0 0 0 rg BT 123.54 683.70 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 667.2 m 387.5 667.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 667.2 m 463.5 667.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 667.2 m 539.5 667.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 639.2 m 387.5 639.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 387.5 639.2 m 463.5 639.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 639.2 m 539.5 639.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 611.2 m 387.5 611.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 387.5 611.2 m 463.5 611.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 611.2 m 539.5 611.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 569.2 m 387.5 569.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 387.5 569.2 m 463.5 569.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 555.2 m 387.5 555.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 555.2 m 463.5 555.2 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 569.2 m 539.5 569.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 555.2 m 539.5 555.2 l s BT /F2 9.50 Tf ET q 0 0 0 rg BT 427.25 657.73 Td (Three months ended March 31,) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 442.65 643.73 Td (2018) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 518.65 643.73 Td (2017) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 629.73 Td (Net income before Class B LP) Tj ET Q q 0 0 0 rg BT 178.29 629.73 Td ( units) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 390.00 629.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.55 629.73 Td (6,147) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.00 629.73 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 629.73 Td (8,442) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 615.73 Td (Canadian statutory tax rate) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 440.85 615.73 Td (26.5) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 456.05 615.73 Td (%) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 516.85 615.73 Td (26.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 532.05 615.73 Td (%) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 436.55 601.73 Td (1,629) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 512.55 601.73 Td (2,237) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 587.73 Td (Income not subject to tax) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 433.95 587.73 Td (\(2,363) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 456.05 587.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 509.95 587.73 Td (\(2,237) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 532.05 587.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 573.73 Td (T) Tj ET Q q 0 0 0 rg BT 78.33 573.73 Td (ax rate dif) Tj ET Q q 0 0 0 rg BT 112.05 573.73 Td (ferential) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 444.75 573.73 Td (\(56) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 456.05 573.73 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 524.25 573.73 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 74.00 559.73 Td (Deferred income tax recovery) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 390.00 559.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 440.45 559.73 Td (\(790) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 456.05 559.73 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 466.00 559.73 Td ($) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 524.25 559.73 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 538.30 Td (26. ) Tj ET Q q 0 0 0 rg BT 85.00 538.30 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 538.30 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 538.30 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 538.30 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 538.30 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 538.30 Td (Supplemental ) Tj ET Q q 0 0 0 rg BT 149.08 538.30 Td (cash ) Tj ET Q q 0 0 0 rg BT 169.00 538.30 Td (flow ) Tj ET Q q 0 0 0 rg BT 186.75 538.30 Td (information) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 520.90 Td (Changes ) Tj ET Q q 0 0 0 rg BT 105.35 520.90 Td (in ) Tj ET Q q 0 0 0 rg BT 113.58 520.90 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 145.19 520.90 Td (arising ) Tj ET Q q 0 0 0 rg BT 170.30 520.90 Td (from ) Tj ET Q q 0 0 0 rg BT 188.05 520.90 Td (financing ) Tj ET Q q 0 0 0 rg BT 221.40 520.90 Td (activities ) Tj ET Q q 0 0 0 rg BT 253.45 520.90 Td (are ) Tj ET Q q 0 0 0 rg BT 266.87 520.90 Td (as ) Tj ET Q q 0 0 0 rg BT 277.27 520.90 Td (follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 510.4 m 157.5 510.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.5 510.4 m 199.5 510.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 510.4 m 241.5 510.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 199.5 496.4 m 241.5 496.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 510.4 m 283.5 510.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 241.5 496.4 m 283.5 496.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 510.4 m 325.5 510.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 283.5 496.4 m 325.5 496.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 510.4 m 329.5 510.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 510.4 m 371.5 510.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 496.4 m 371.5 496.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 510.4 m 413.5 510.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 371.5 496.4 m 413.5 496.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 510.4 m 455.5 510.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 496.4 m 455.5 496.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 510.4 m 497.5 510.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455.5 496.4 m 497.5 496.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 510.4 m 539.5 510.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 71.5 459.4 m 157.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 157.5 459.4 m 199.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 199.5 459.4 m 241.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 241.5 459.4 m 283.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 283.5 496.4 m 325.5 496.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 283.5 459.4 m 325.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 325.5 459.4 m 329.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 496.4 m 371.5 496.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 459.4 m 371.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 371.5 496.4 m 413.5 496.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 371.5 459.4 m 413.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 496.4 m 455.5 496.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 459.4 m 455.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455.5 459.4 m 497.5 459.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 497.5 459.4 m 539.5 459.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 375.4 m 157.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.5 375.4 m 199.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 375.4 m 241.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 375.4 m 283.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 375.4 m 325.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 375.4 m 329.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 375.4 m 371.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 375.4 m 413.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 375.4 m 455.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 375.4 m 497.5 375.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 375.4 m 539.5 375.4 l s BT /F3 7.00 Tf ET q 0 0 0 rg BT 246.80 500.40 Td (Cash flows) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 387.45 500.40 Td (Non-cash changes) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 168.20 470.40 Td (December) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 173.65 463.40 Td (31, 2017) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 212.15 463.40 Td (Proceeds) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 245.85 463.40 Td (Repayments) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 289.75 477.40 Td (T) Tj ET Q q 0 0 0 rg BT 293.10 477.40 Td (ransaction) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 295.20 470.40 Td (costs and) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 307.65 463.40 Td (other) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 343.40 470.40 Td (Assump-) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 354.25 463.40 Td (tions) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 388.95 470.40 Td (Foreign) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 383.50 463.40 Td (exchange) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 425.15 470.40 Td (Fair value) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 428.70 463.40 Td (changes) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 458.90 484.40 Td (Amortization) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 473.90 477.40 Td (of MTM) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 460.15 470.40 Td (adjustments) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 467.20 463.40 Td (and costs) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 509.50 470.40 Td (March 31,) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 523.20 463.40 Td (2018) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 74.00 449.40 Td (Derivatives, net) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 160.00 449.40 Td ($) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 187.45 449.40 Td (538) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 202.00 449.40 Td ($) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 233.25 449.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 244.00 449.40 Td ($) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 275.25 449.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 286.00 449.40 Td ($) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 313.45 449.40 Td (170) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 332.00 449.40 Td ($) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 363.30 449.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 374.00 449.40 Td ($) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 405.30 449.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 416.00 449.40 Td ($) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 443.45 449.45 Td (346) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 458.00 449.40 Td ($) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 489.30 449.45 Td () Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 500.00 449.40 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 522.65 449.40 Td (1,054) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 74.00 435.40 Td (Facilities) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 176.25 435.40 Td (176,837) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 218.25 435.45 Td (104,321) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 264.75 435.45 Td (\(1,538) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 281.05 435.40 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 306.75 435.45 Td (\(1,438) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 323.05 435.40 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 363.30 435.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 396.65 435.40 Td (3,369) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 447.30 435.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 485.45 435.45 Td (490) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 516.25 435.45 Td (282,041) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 74.00 421.40 Td (Mortgages) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 176.25 421.40 Td (499,255) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 233.25 421.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 264.75 421.45 Td (\(4,352) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 281.05 421.40 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 314.75 421.45 Td (\(50) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 323.05 421.40 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 351.45 421.45 Td (80,01) Tj ET Q q 0 0 0 rg BT 365.82 421.45 Td (1) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 405.30 421.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 447.30 421.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 489.90 421.40 Td (\(5) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 495.05 421.40 Td (\)) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 516.25 421.45 Td (574,859) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 74.00 407.40 Td (Other debt) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 176.25 407.40 Td (1) Tj ET Q q 0 0 0 rg BT 179.44 407.40 Td (19,499) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 233.25 407.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 275.25 407.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 317.30 407.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 363.30 407.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 405.30 407.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 447.30 407.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 488.65 407.40 Td (82) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 516.25 407.45 Td (1) Tj ET Q q 0 0 0 rg BT 519.44 407.45 Td (19,581) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 74.00 393.40 Td (Convertible debentures) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 191.30 393.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 221.45 393.40 Td (28,750) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 275.25 393.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 306.75 393.45 Td (\(1,320) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 323.05 393.40 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 363.30 393.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 405.30 393.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 447.30 393.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 488.65 393.40 Td (40) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 519.45 393.45 Td (27,470) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 74.00 379.40 Td (Class B LP) Tj ET Q q 0 0 0 rg BT 102.29 379.40 Td ( units) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 179.45 379.45 Td (43,021) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 233.25 379.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 275.25 379.40 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 317.30 379.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 363.30 379.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 405.30 379.45 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 436.75 379.45 Td (\(2,748) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 453.05 379.40 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 489.30 379.45 Td () Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 519.45 379.45 Td (40,273) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.50 Tf ET q 0 0 0 rg BT 72.00 358.50 Td (27. ) Tj ET Q q 0 0 0 rg BT 85.00 358.50 Td ( ) Tj ET Q q 0 0 0 rg BT 87.16 358.50 Td ( ) Tj ET Q q 0 0 0 rg BT 89.33 358.50 Td ( ) Tj ET Q q 0 0 0 rg BT 91.50 358.50 Td ( ) Tj ET Q q 0 0 0 rg BT 93.66 358.50 Td ( ) Tj ET Q q 0 0 0 rg BT 95.83 358.50 Td ( ) Tj ET Q q 0 0 0 rg BT 98.00 358.50 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 144.75 358.50 Td (events) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 341.10 Td (The ) Tj ET Q q 0 0 0 rg BT 87.59 341.10 Td (following ) Tj ET Q q 0 0 0 rg BT 120.07 341.10 Td (events ) Tj ET Q q 0 0 0 rg BT 145.19 341.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 177.67 341.10 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 220.12 341.10 Td (to ) Tj ET Q q 0 0 0 rg BT 228.79 341.10 Td (March ) Tj ET Q q 0 0 0 rg BT 252.60 341.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 265.60 341.10 Td (2018:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 323.70 Td (i. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 323.70 Td (On ) Tj ET Q q 0 0 0 rg BT 102.19 323.70 Td (April ) Tj ET Q q 0 0 0 rg BT 120.01 323.70 Td (15, ) Tj ET Q q 0 0 0 rg BT 133.08 323.70 Td (2018, ) Tj ET Q q 0 0 0 rg BT 154.81 323.70 Td (the ) Tj ET Q q 0 0 0 rg BT 167.88 323.70 Td (REIT) Tj ET Q q 0 0 0 rg BT 185.49 323.70 Td ( ) Tj ET Q q 0 0 0 rg 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Td (also ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 312.30 Td (paid ) Tj ET Q q 0 0 0 rg BT 106.89 312.30 Td (a ) Tj ET Q q 0 0 0 rg BT 113.39 312.30 Td (distribution ) Tj ET Q q 0 0 0 rg BT 153.24 312.30 Td (of ) Tj ET Q q 0 0 0 rg BT 161.90 312.30 Td ($0.0625 ) Tj ET Q q 0 0 0 rg BT 192.23 312.30 Td (per ) Tj ET Q q 0 0 0 rg BT 205.66 312.30 Td (trust ) Tj ET Q q 0 0 0 rg BT 222.98 312.30 Td (unit. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 72.00 294.90 Td (ii. ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 90.00 294.90 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 134.23 294.90 Td (to ) Tj ET Q q 0 0 0 rg BT 143.37 294.90 Td (March ) Tj ET Q q 0 0 0 rg BT 167.65 294.90 Td (31, ) Tj ET Q q 0 0 0 rg BT 181.13 294.90 Td (2018, ) Tj ET Q q 0 0 0 rg BT 203.27 294.90 Td (the ) Tj ET Q q 0 0 0 rg BT 216.74 294.90 Td (REIT) Tj ET Q q 0 0 0 rg BT 234.35 294.90 Td ( ) Tj ET Q q 0 0 0 rg BT 236.99 294.90 Td (reached ) Tj ET Q q 0 0 0 rg BT 267.78 294.90 Td (a ) Tj ET Q q 0 0 0 rg BT 274.76 294.90 Td 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