All Real Estate assets are either very large or located in central areas but not both. While no apartment is without air-conditioning, all air-conditioned RE assets are substantial.
RE Assets that are located in central areas are not apartments.
Which of the following conclusions can be drawn from the given statements?
1) The Real Estate assets located in central areas are very large.
2) All apartments are air-conditioned.
3) All substantial RE assets are located in central areas.
4) All apartments are substantial.