This is one interesting thing which I’ve Observed recently connecting to SQL Server 2012 via SSMS 2008R2.
SSMS 2008R2 is not displaying Compatibility Levels of the 2012 databases! See below Screenshot for what I’m trying to explain.
See below screenshot for the same database properties from SSMS 2012.
As you can see, It is displaying Containment properties, additional File Stream properties…etc! I think this is not an Issue with 2008R2 SSMS, but just something to be aware of!