Elme Communities (ELME) 2010年年度报告「NYSE」.pdf

1、2010 AnnuAl RepoRtShARpening ouR FocuS on the nAtionS cApitAl1600 Wilson Boulevard,Arlington,VABennett Park,Arlington,VABradlee Shopping Center,Alexandria,VAThe Kenmore,Washington,D.C.Shady Grove Medical Village II,Rockville,MDWere sharpening our focus inside the Capital Beltway and on strategic loc

2、ations within the Washington,D.C.metro region with superior growth demographics.And were strengthening our portfolio as demonstrated by our high-quality acquisitionscontinuing to reposition our portfolio for the future.Washington Real Estate Investment Trust is a self-administered,self-managed equit

3、y real estate investment trust(REIT).Our business consists of the ownership and operation of income-producing real estate properties.We have a strategy of regional focus in a prime market around the nations capital and investing in diversified property types.This strategy has been proven through our

4、 established performance during our more than 50 years of operations in Washington,D.C.Our home,the Washington,D.C.region,once again leads the nation in the economic recovery from the depths of the financial crisis of 2008-09.The National Capital region added 37,600 jobs in 2010,had an unemploy-ment

5、 rate of 5.7%at year end,absorbed 6.4 million square feet of office space(exceeding all other U.S.markets)and was home to four of the top five counties in the U.S.as measured by median household income.Our regional economy is resilient,robust and populated by a highly educated and diverse workforce.

6、However,our country still faces many challenges in the years and months ahead.These include budget deficits at the national and local level,generally high unemployment rates,a scarcity of commodi-ties,political unrest in the Middle East,and global competitors from emerging markets,which challenge ou