Uncover the Challenges That REITs Face in Difficult Times and Which REITs Have the Best Strategies to Succeed.

Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 4, 2002

-- Prepare yourself for the challenges facing the real estate

industry at The Wall Street Transcript's REIT Investment Conference

on January 23, 2003 in Midtown NYC --

Join leading senior executives and financial professionals at The Wall Street Transcript's 2003 REIT Investment Conference: The REIT Stuff for the Challenges Ahead, the year's most informative independent investment event, on January 23, 2003 in New York City.

"This Conference brings together REITs of all sectors -- apartments, hospitality, mortgage, offices, retail, and diversified -- and analyzes how well each one can weather the economic difficulties that face the industry," said Andrew Pickup, publisher of TWST. "Real estate has been a safe haven from equities throughout 2002, but as the sky darkens for 2003, it's crucial investors know how REITs can protect themselves, and be able to identify those that are positioned to come through successfully."

Senior executives, financial analysts and professional investors from Duke Realty, ProLogis Trust, Tanger Factory Outlet Centers, AmeriVest Properties, InnSuites Hospitality Trust, Brandywine Realty Trust, Equity One, Hanover Capital, AMLI Residential Properties Trust, Pennsylvania Real Estate Investment Trust, The Town and Country Trust, Hersha Hospitality Trust, RAIT Investment Trust, Neuberger Berman, Credit Suisse First Boston, Standard & Poor's, Bear Stearns, and more will participate in presentations and dynamic roundtables led by financial professionals.

Attendees will gain insight into how the coming year can prove difficult to REIT sectors and different geographic locations. You'll learn what financing options are available to REITs in a challenging market. Also, you'll understand why rebalancing a REIT portfolio can transform an average REIT investment into a lucrative opportunity. In short, you'll learn what challenges are facing the industry, and which REITs are poised to come through difficult times successfully.

Register for this event before January 8th and save $100 of the registration fee of $795. Please email [e-mail] or call Joanna Schmitcke at 212/952-7454 to register or for more information. You may also register online at www.twst.com/conferences.

Conference attendees will also have the unique opportunity to speak directly to presenters and fellow participants during the private luncheon, numerous Networking Breaks and Networking Reception, held after the conference close.

Attendance Information

Date:             January 23, 2003

Time:             Approximately 8:00am - 5:45pm

Location:         New York's Princeton Club

Full conference details can be found at http://www.twst.com/conferences. A limited number of registration spaces are still available. Please call Joanna Schmitcke Grossman directly at 212/952-7454 or email [e-mail] for more information or to register.

About The Wall Street Transcript

For nearly 40 years, The Wall Street Transcript has provided a platform for companies to communicate with investors. In its flagship weekly journal, online, in conferences and via webcasts, TWST is a unique service for providing company and industry information without editorial comment. The Wall Street Transcript covers all the major market sectors, and interviews over 2500 CEOs each year.