O’DONNELL Competitive+

Since 1996 O'Donnell – Mexico has excelled as a full service, valueadded industrial real estate developer. O'Donnell's mission is to improve its client's competitiveness by providing strategic locations, quality buildings and industrial developments, experienced and reliable management, and exceptional customer service at a competitive price. To this end, O'Donnell invests in major distribution hubs and manufacturing centers in Mexico that are supply-constrained, or are unique by virtue of their location and/or infrastructure. Since 2003, in a co-investment structure with Prudential Real Estate Investors, O'Donnell has acquired, developed and actively manages over 11.7 million sq.ft. of industrial properties that are strategically located in 15 markets throughout Mexico. From 2005 to 2008, O'Donnell – Mexico has grown more than 50%, on average, in capital invested and in square meters developed.

O'Donnell's presence throughout Mexico is geographically diverse. In the center of the country, O'Donnell has developments in the state of Mexico including: Cuautitlan Izcalli, Toluca, Huehuetoca and in Atitalaquia in the State Hidalgo; in the Bajio Region including: Queretaro, Celaya in Guanajuato and in Guadalajara; in the north-east region including: Monterrey, Nuevo Loredo, Reynosa and Matamoros; in north-west Mexico including: Tijuana, Ciudad Juarez and Hermosillo; and finally in south-east Mexico in Puebla.

2009 was a notable year for O'Donnell as it leased more than 1.3 million sq.ft., which include the following representative transactions:

• Grupo Modelo, which is the leading brewing company in Mexico for production, distribution and marketing, leased a total of 546,434 sq.ft. in the P.I Bernardo Quintana Industrial Building in Queretaro. This property is managed and owned by O'Donnell.
• Elcoteq leased 174,803 sq.ft. in Ciudad Juarez for manufacturing within the Parque Industrial Juarez.
  
  The Company will use this facility for electronic subcontract manufacturing services. Elcoteq SE is a leading electronics manufacturing services (EMS) company with original design manufacturing (ODM) capabilities in the communications technology field.
• Corporation GEO leased a 232,274 sq.ft. build to suit that O'Donnell completed and delivered in November in Valle de las Palmas, Tijuana, located in Baja California. This development will serve GEO as a factory of prefabricated structural elements for their own use. Under the Alpha Project, GEO will pour the walls of the housing units, and then afterwards assemble the final house onsite.

Furthermore in 2009, O'Donnell was awarded property management responsibilities for 3.6 million sq.ft. of industrial properties representing a significant portion of Prudential's properties in the North region of Mexico, including Monterrey, Ciudad Juarez, Reynosa, Nuevo Laredo, Matamoros and Hermosillo. Additionally, under the same property management contract, O'Donnell offers 131 acres (53 hectares) of industrial land for sale for development in Monterrey and Nuevo Laredo.

The Group has major investment partners and debt service providers including: Prudential Real Estate Investors, GE Capital, JP Morgan, and Citibank.