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PortfolioTours.com Launched, Providing Interactive Tours of REIT
Property Portfolios
WESTLAKE, Ohio, Oct. 5 /PRNewswire/ -- Interactive Digital Properties Group,
Inc. (IDPG) is pleased to announce the launch of PortfolioTours.com (
http://www.portfoliotours.com/ ), providing fully interactive tours of REIT
property portfolios. This new technology allows investors anywhere in the
world, for the first time ever, to tour properties and markets from the
convenience of their own computer. The first tour to be presented on
PortfolioTours.com is the Washington DC office portfolio of Glenborough Realty
Trust (NYSE:GLB). This tour takes investors through 8 different office
properties in 6 different submarkets in the Washington DC metropolitan area.
The tour of Glenborough's portfolio can be viewed at
http://glenborough.portfoliotours.com/ .
"This new communications tool should help better inform investors about the
impressive and diverse real estate portfolios owned by REITs throughout America
and, in some cases, abroad," according to Steven A. Wechsler, president and CEO
of the National Association of Real Estate Investment Trusts(R) (NAREIT).
Through the integration of high-resolution digital photography, the global
positioning system, digital mapping and high-resolution aerial photography,
PortfolioTours.com provides a highly immersive tour experience. This exciting
new use of technology allows REIT management teams to open their property
portfolios to all of their investors, large and small. Before
PortfolioTours.com, most investors were simply unable to see and tour the many
properties owned by the REITs in which they invest. With the introduction of
this technology, investors can now tour the properties of these companies. The
tours provided on PortfolioTours.com give investors a superior understanding
not only of the assets that the REITs own, but of the markets in which they are
located. Tours are presented in an intuitive format that makes it easy and
inviting for investors to tour portfolios online. The use of this technology
allows these buildings to be viewed in full context, something that has not
been possible with previous technologies.
"PortfolioTours.com provides an exciting new way for REIT and real estate
investors to interactively view and tour property portfolios anywhere in the
world," said Anatole Pevnev, President of Interactive Digital Properties Group,
Inc. "This innovative use of technology provides small and large investors
anywhere in the world with the ability to tour the real estate portfolios owned
and operated by the REITs. It is not just the interactivity of the tours that
sets them apart, but the combination of interactivity with accurate
geo-positioning and extremely high-resolution photos that make the tours
exceptionally realistic," added Mr. Pevnev.
About Interactive Digital Properties Group, Inc.
IDPG, formed in 2004, specializes in providing geo-referenced interactive tours
of real estate world-wide. IDPG's tour technology and applications allow
institutional and retail investors world-wide with the capability of touring
REIT and real estate portfolios anywhere in the world, from anywhere in the
world. For more information about IDPG and PortfolioTours.com please visit
http://www.idpg.biz/ or e-mail us at .
About Glenborough Realty Trust
Glenborough is a self-administered Real Estate Investment Trust (REIT) which
owns and operates a Nationwide Portfolio of 65 primarily high quality
Multi-Tenant Office properties. The portfolio encompasses approximately 11
million square feet, concentrated in Washington D.C., Southern California,
Northern New Jersey, Boston, and Northern California. The company has been
listed on the New York Stock Exchange since 1996 and its common and preferred
stocks trade under the symbols GLB and GLB PrA. Glenborough is a member of the
National Association of Real Estate Investment Trusts and is included in the
Standard and Poor's SmallCap 600 Index. Visit Glenborough's website at
http://www.glenborough.com/ .
About NAREIT
The National Association of Real Estate Investment Trusts(R) (NAREIT) is the
trade association for REITs and publicly traded real estate companies. Members
are real estate investment trusts (REITs) and other businesses that own,
operate and finance income-producing real estate, as well as those firms and
individuals who advise, study and service those businesses. Visit our Web sites
at http://www.nareit.com/ and http://www.investinreits.com/ .
DATASOURCE: Interactive Digital Properties Group, Inc.
CONTACT: Anatole Pevnev of Interactive Digital Properties Group, Inc.,
+1-440-808-1691
Web site: http://www.idpg.biz/
http://www.nareit.com/
http://www.investinreits.com/
http://www.glenborough.com/
http://glenborough.portfoliotours.com/
http://www.portfoliotours.com/