PRESS RELEASES

STOKADO TO BEGIN CONSTRUCTION OF NEW SELF-STORAGE FACILITY IN CRACOW

Stokado, the second largest operator on the fast-growing Polish self-storage market, owned by Redefine Properties (JSE:RDF) Griffin Capital Partners and the founders, has started construction of a new, state-of-the-art self-storage facility in Cracow. Spanning 5,000 sqm of Net Leasable Area (NLA), this facility will be the first BREEAM-certified self-storage building in Poland and marks Stokado’s STOKADO TO BEGIN CONSTRUCTION OF NEW SELF-STORAGE FACILITY IN CRACOW

LIFESPOT SECURES ACCESS TO ADDITIONAL CAPITAL FOR EXPANSION OF PRS PLATFORM

LifeSpot (the “Company”), a long-term rental housing platform in Poland owned by funds managed by Ares Management (“Ares”) and Griffin Capital Partners, has secured access to further capital from both parties. The investment will be used to support the development of rental housing and expand the platform’s presence within Poland’s fast-growing private rental sector. Since LIFESPOT SECURES ACCESS TO ADDITIONAL CAPITAL FOR EXPANSION OF PRS PLATFORM

ELI SECURES €155 MILLION FINANCING FOR ITS LOGISTICS PORTFOLIO FROM A CONSORTIUM OF PBB AND HELABA

European Logistics Investment (ELI), a logistics platform in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has signed a €155 million loan agreement with consortium of pbb and Helaba. The funds will be used to refinance eleven properties of ELI’s logistics portfolio in nine locations: Bydgoszcz, Czeladź, Kraków (Nowa ELI SECURES €155 MILLION FINANCING FOR ITS LOGISTICS PORTFOLIO FROM A CONSORTIUM OF PBB AND HELABA

IIPROP INITIATES CONSTRUCTION ON NEW LOGISTICS INVESTMENT IN ZWOLLE, NETHERLANDS

International Industrial Properties (IIProp), a dynamic logistics platform dedicated to investing in industrial and logistics assets across key European markets, has started construction on a state-of-the-art 34,244 sqm logistics facility located close to the city of Zwolle, in northern Netherlands. IIProp is a collaborative venture between Madison International Realty and Griffin Capital Partners, combining expertise IIPROP INITIATES CONSTRUCTION ON NEW LOGISTICS INVESTMENT IN ZWOLLE, NETHERLANDS

SIGNAL CAPITAL PARTNERS, GRIFFIN CAPITAL PARTNERS AND ECHO INVESTMENT ARE LAUNCHING A NEW STUDENT HOUSING PLATFORM TO CREATE A MARKET-LEADING PLAYER IN THE DYNAMICALLY GROWING POLISH STUDENT HOUSING SECTOR.

Signal Capital Partners, a multi-euro-billion UK-based private asset management firm focusing on European corporate and real estate special situations investments, along with Griffin Capital Partners, the largest privately-owned investment and asset manager in private equity and real estate in CEE, and Echo Investment S.A, the largest Polish development company, will , subject to anti-monopoly clearance, SIGNAL CAPITAL PARTNERS, GRIFFIN CAPITAL PARTNERS AND ECHO INVESTMENT ARE LAUNCHING A NEW STUDENT HOUSING PLATFORM TO CREATE A MARKET-LEADING PLAYER IN THE DYNAMICALLY GROWING POLISH STUDENT HOUSING SECTOR.

GRIFFIN CAPITAL PARTNERS STARTS THE YEAR WITH A SERIES OF PROMOTIONS

Griffin Capital Partners, the largest privately-owned investment and asset manager in private equity and real estate in CEE, opens the new year with a series of promotions within its Investment and Finance teams. The new appointments recognize the individual achievements of employees and their commitment to the development of the Company over the past few GRIFFIN CAPITAL PARTNERS STARTS THE YEAR WITH A SERIES OF PROMOTIONS

STOKADO ACQUIRES SELF-STORAGE ASSET AND GROWS ITS PORTFOLIO

Stokado, one of the leaders of Poland’s fast-growing self-storage industry, owned by Redefine Properties (JSE:RDF) and Griffin Capital Partners, has acquired Top Box, self-storage rental company. As a result, Stokado has added 4,500 sqm to its portfolio of operating assets and further 4,500 sqm to development pipeline. Stokado has established itself as one of the STOKADO ACQUIRES SELF-STORAGE ASSET AND GROWS ITS PORTFOLIO

IIPROP LAUNCHES NEW LOGISTICS PROJECT IN FRANCE

International Industrial Properties (IIProp), a growing logistics platform focused on investing in industrial and logistics assets in key European markets, owned by Madison International Realty and Griffin Capital Partners, has launched the construction of a new light industrial project in the municipality of Moissy-Cramayel, located to the south of Paris, in the land-constrained Seine-et-Marne region. IIPROP LAUNCHES NEW LOGISTICS PROJECT IN FRANCE

IIPROP SELLS A LOGISTICS ASSET IN SPAIN TO HANSAINVEST REAL ASSETS

International Industrial Properties (IIProp), a growing logistics platform focused on investing in industrial and logistics assets in key European markets, owned by Madison International Realty and Griffin Capital Partners, has successfully closed yet another transaction. HANSAINVEST Real Assets, an asset- and investment manager has purchased from IIProp a built-to-suit (BTS) logistics property in Murcia, Spain. IIPROP SELLS A LOGISTICS ASSET IN SPAIN TO HANSAINVEST REAL ASSETS