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And the larger is from the annex. 3 thousand 9 hundred ways used on the millennium tower. We have to accommodates the projects 13 required one transaction and the others required other tractions per development. We had the list of those buildings that are certified t dr in the apexes you may be interested in. Okay. So what does the market look like. This is 20000 and in the light blue is the number of unused buildings in existence. In no year it dips below 2 million t dr that have been certified and unused. It tends to fluctuate with the market value 2005 and 2008 are peak usage t dr for the d...

Peak usage t dr for the developments. Most traksdz have been in the range of 18 to 25. Again, this is the prices were able to find. Based on that were saying the co co related tractions have occurred. Looking at the composition were focusing on demand. The t dr has created a significant supply. Theres 2 had the 6 million that hadnt think used but brown theres about 3 hundred thousand thats reported as used but the projects didnt ignored and they were not scald. So that leaves 2 hundred 3 million unused t dr out there. So there are 12 buildings that have certified t dr but havent transferred an...

Co co related tractions have occurred. Looking at the composition were focusing on demand. The t dr has created a significant supply. Theres 2 had the 6 million that hadnt think used but brown theres about 3 hundred thousand thats reported as used but the projects didnt ignored and they were not scald. So that leaves 2 hundred 3 million unused t dr out there. So there are 12 buildings that have certified t dr but havent transferred any of the t dr. And the demand side were seeing the current dammed is 1. 6 million and thats made up of Pipeline Projects projects that are in the Pipeline Project...

Hundred and 6 thousand have been acquired by pipeline projects. Then the t d projects put together it looks like theres a demand for 8 hundred and 60 t drs. Sow looking at into the future for t dr demand and supply oh, i should point out that the lowest price for t dr is 5. 51. You can see most of them have been in the range of 18 to 25 given the program has been in existence for almost thirty years a lot of 3 may not be certified. Its interesting after the board of supervisors approved that the t dr can go beyond the borders but we dont anticipate a lot. The t zone properties that are adjacen...

Thats reported as used but the projects didnt ignored and they were not scald. So that leaves 2 hundred 3 million unused t dr out there. So there are 12 buildings that have certified t dr but havent transferred any of the t dr. And the demand side were seeing the current dammed is 1. 6 million and thats made up of Pipeline Projects projects that are in the Pipeline Projects right now. So of this 1 point 67 million 8 hundred and 6 thousand have been acquired by Pipeline Projects. Then the t d projects put together it looks like theres a demand for 8 hundred and 60 t drs. Sow looking at into the...