David Arthur

DAVID ARTHUR is the President and Chief Executive Officer of the Fund
Manager. Prior to joining the Fund, he was President and Chief Executive
Officer of Brookfield Properties Ltd. and a Director of Brookfield
Properties Corporation. Currently he is Chairman of Brookfield LePage
Johnson Controls, the largest facility management enterprise in Canada
with over 75 million square feet and he is a Director of the Canadian
Institute of Public and Private Real Estate Companies. From 1992 to
2003, he oversaw all aspects of Brookfield’s business in Canada as well
as in Denver, Minneapolis and southern California. These activities
included small and large property acquisitions, value-add capital and
leasing programs, operations, financing and the sourcing of
institutional partners. In 2002 Mr. Arthur and his team leased over 2
million square feet. In addition he was involved in investor relations
and sat on the four-person Executive Committee of the company with his
major focus on all acquisitions completed by the company. He began his
career in 1978 at Cadillac Fairview and in 1980 at Cambridge Leaseholds
where he was involved in a wide range of development and leasing
programs. He received his Honors degree in Environmental Studies from
the University of Waterloo in 1975 and his Master of Science degree in
Urban Land Economics from the University of British Columbia in 1977.