Investment Inventory

BCI-Investment-Inventory-2021

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M O R T G A G E S | I N V E S T M E N T I N V E N T O R Y | A S A T M A R C H 3 1 , 2 0 2 1 114 Mortgages MORTGAGES INVESTMENTS As at March 31, 2021 (unaudited) CANADIAN PROPERTY TYPE/PROVINCE MARKET VALUE (C$ million) RESIDENTIAL AB 43.68 BC 810.28 ON 829.70 SUBTOTAL 1683.66 RETAIL AB 48.86 BC 350.10 ON 112.28 CANADIAN PROPERTY TYPE/PROVINCE MARKET VALUE (C$ million) INDUSTRIAL AB 58.85 BC 42.53 ON 100.82 OFFICE AB 178.66 BC 116.26 MB 14.29 ON 522.15 SK 15.01 BCI's $7.0 billion mortgage portfolio is managed by QuadReal Property Group (QuadReal), a Canadian investment, development, and management company owned by BCI. As a significant lender to the commercial real estate industry, QuadReal provides commercial financing in Canada and the United States, focusing on direct mortgage investments through construction, fixed term, and mezzanine financing. The mortgages portfolio holds 3.5 per cent of our total managed assets. Valhalla Town Square, Etobicoke, ON

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