Exhibit 99.8

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Business Review Day

Asset Services

Jana Turner
President

March 23, 2005

[GRAPHIC]

[LOGO]

2004 Total Americas Revenue Percentages

[CHART]

Asset Services provides a strategic approach to maximizing the long term value of commercial assets for investment owners

Services include:

• Property Management

• Leasing

• Project Management

• Tenant Relations

• Technical/ Engineering

• Procurement

• Financial/ Accounting

• Risk Management

Organization

Organized by geography and client relationships.

• Private Market Clients – East and West Regions

• Strategic Accounts – Top 15 clients – Multi-market requirements

• Shared Services Team

				JANA TURNER President

	Strategic Accounts			West Region			East Region

SHARED SERVICES TEAM		Marketing	Information Technology		Division Accounting			Client Accounting

		Human Resources		Operations/Quality Management		Project Management			Technical/Engineering Procurement

Statistics – Portfolio Distribution

422 Million Sq.Ft.*

[CHART]

* Includes Joint Venture and Partner Office Statistics

Statistics – Client Account Base

Statistics – Revenue Distribution

[CHART]

Key Business Drivers

• Consolidation of Service Providers

• Outsourcing by Private Market Clients/REITS

• Active Investment Sales Environment

2005 Strategic Priorities

• Continue to focus on robust and meaningful account management program for Strategic and Emerging Clients

• Search out Property and Project Management acquisitions in major markets

• Recruitment, retention and performance management of key employees who will grow revenues and margins

• Industry penetration of new marketing and management technology tool – AXIS Portal

• Drive further cost efficiencies from Shared Services divisions