Guiding Principles

• We are proud of our company's history of accomplishments: it defines who we are today and guides who we will be tomorrow.

• We succeed because our people think more creatively, assess opportunities more astutely and act more quickly than others. Our people are our lifeblood.

• We hold ourselves to the highest standards, not the standards set by others.

• We are in the business of creating extraordinary value for our investors, and recognize that our company's financial success is rooted in this single-minded pursuit.

• We treat everyone with respect and civility. There is no place in our company for rudeness, arrogance or deceit.

• While real estate is complicated, we believe that transparency, honesty and simplicity are the underpinnings of great business relationships.

• We honor our agreements, whether they are formed in writing or in handshakes. A deal is a deal, always.

• We conduct ourselves with the passion and integrity that is expected of great leaders.

• As developers and operators, we take special pride in the distinctive quality, design and appearance of our buildings.

• We perform at our best when each of us individually takes responsibility for identifying and solving problems, regardless of our role, region or title.

• While we encourage individual initiative and accomplishment, our best results come when we work as a team.

• We recruit exceptionally talented people who share our values and our way of thinking. We take each and every hiring decision seriously and ensure we are always hiring the best.

• We are proud of our longstanding commitment to diversity, and our workforce today reflects the global communities and cultures in which we do business.

• We embrace our responsibilities to the communities in which we operate across North America, and strive to make each of them a better place to live and work.

• The actions of each and every one of us contribute to our company's reputation.