Allstate is among the most active and experienced investors in Equity Real Estate. In the early 90’s, during a very difficult time in the national real estate market, Allstate made its first leading edge investments in opportunity funds and REIT’s. The timing of those investments and subsequent investment programs has resulted in extraordinary returns over a 15+ year period. The current high risk/high return strategy revolves around our fund investment activities with a secondary focus on international and co-investment opportunities. Some important facts about Allstate’s Equity Real Estate Fund investment activities are:

• Over $1.5 billion of fund capital commitments outstanding
• Allstate’s 10-year track record in fund investments has generated over a 20% net return 
• Experienced team has provided consistent relationships and access to the “top quartile” managers
• Expansion of Fund Investment Strategy to reach $1 Billion of annual commitments by 2009
• International Strategy to increase overall exposure to worldwide opportunities