PRESS RELEASES

PAD RES BUILDS TWO PHOTOVOLTAIC FARMS WITH A TOTAL CAPACITY OF 117 MW IN NORTHERN POLAND

PAD RES is a joint venture between Griffin Capital Partners and Kajima Europe. PAD RES, a leading Polish developer in the clean energy sector, will build two photovoltaic farms in the Pomeranian Voivodeship with a total capacity of 117 megawatts (MW). Two new investments by PAD RES will be constructed in the Pomeranian Voivodeship, specifically PAD RES BUILDS TWO PHOTOVOLTAIC FARMS WITH A TOTAL CAPACITY OF 117 MW IN NORTHERN POLAND

IIPROP SOLD LOGISTICS PROPERTY IN GERMANY

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 sold a single-let logistics property in Bensheim, Germany. The Park was acquired by UBS Real Estate GmbH and has been fully leased to MSK Pharmalogistic IIPROP SOLD LOGISTICS PROPERTY IN GERMANY

GRIFFIN CAPITAL PARTNERS STRENGTHENS FINANCE AND INVESTMENT TEAM

Griffin Capital Partners is strengthening its leading position in the private equity and real estate markets in CEE by expanding its team of professionals. Klara Dyjas and Karol Podgórski have joined the investment department, both as Associate Investments, while Mikołaj Pilarski, Senior Financial Controller, and Joanna Glinka, Junior Financial Analyst, have joined the finance department. GRIFFIN CAPITAL PARTNERS STRENGTHENS FINANCE AND INVESTMENT TEAM

GRIFFIN CAPITAL PARTNERS AND MADISON INCREASE ACTIVITY IN GERMANY AND DISPOSE OF ANOTHER LOGISTICS ASSET

International Industrial Properties (IIProp), a growing logistics platform focused on investing in industrial and logistics space in key European markets, owned by Madison International Realty and Griffin Capital Partners, sold a single let logistics property in Germany. This is the company’s second transaction in Germany, following its first portfolio sale in June 2022. The fully-let GRIFFIN CAPITAL PARTNERS AND MADISON INCREASE ACTIVITY IN GERMANY AND DISPOSE OF ANOTHER LOGISTICS ASSET

REDEFINE AND GRIFFIN JOIN FORCES IN GROWING POLISH SELF-STORAGE MARKET

Redefine Properties (JSE:RDF) and Griffin Capital Partners, a leading private equity investment company, have set up a venture to acquire Stokado, Poland’s second-largest self-storage operator, to establish a platform to fast-track investment through development activity within this growing sector. Stokado has established itself as one of the leaders in the self-storage industry in Poland, storing REDEFINE AND GRIFFIN JOIN FORCES IN GROWING POLISH SELF-STORAGE MARKET

KAJIMA EUROPE AND GRIFFIN CAPITAL PARTNERS ACQUIRE A MAJORITY STAKE IN HYMON, POLAND’S LEADING PHOTOVOLTAIC INSTALLATION COMPANY

Kajima Europe, the pan-European investment, development, and construction company, together with Griffin Capital Partners, a leading private equity investment company in the CEE, acquired a 70% stake in HYMON, Poland’s leading photovoltaic installation company. This is the second joint initiative by these partners in Poland’s renewable energy market, having taken a majority stake in PAD KAJIMA EUROPE AND GRIFFIN CAPITAL PARTNERS ACQUIRE A MAJORITY STAKE IN HYMON, POLAND’S LEADING PHOTOVOLTAIC INSTALLATION COMPANY

PAD RES TO BUILD PHOTOVOLTAIC FARMS FOR PLN 135 M

PAD RES GROUP, a leading Polish developer in the renewable energy sector owned by Griffin Capital Partners, Kajima Europe, and Mariusz Adamczewski, will build ten photovoltaic farms with a total capacity of 45.5 MW. ONDE, a leading Polish RES infrastructure contractor, has become the general contractor for investments in the Wielkopolskie, Zachodnio-Pomorskie, Kujawsko-Pomorskie, Lubuskie, and PAD RES TO BUILD PHOTOVOLTAIC FARMS FOR PLN 135 M

STRATEGIC PARTNERSHIP: WING GROUP AS THE MAJORITY SHAREHOLDER AND GRIFFIN CAPITAL PARTNERS ACQUIRE SHARES IN BERLIN-BASED BAUWERT AG

The Berlin-based property developer firm BAUWERT AG is entering a strategic partnership with the Hungarian WING Group, as well as the international investment & asset manager Griffin Capital Partners. For this purpose, the three companies signed an agreement under which WING and Griffin will together acquire 60% of BAUWERT’s shares. The remaining 40% will be STRATEGIC PARTNERSHIP: WING GROUP AS THE MAJORITY SHAREHOLDER AND GRIFFIN CAPITAL PARTNERS ACQUIRE SHARES IN BERLIN-BASED BAUWERT AG

EUROPEAN LOGISTICS INVESTMENT’S H1 2022 PORTFOLIO EXCEEDS 1.2 MILLION SQM OF STANDING, UNDER CONSTRUCTION, AND SECURED PIPELINE PROJECTS

European Logistics Investment (ELI), a high-growth logistics platform in Poland, has closed H1 2022 with 1.2m sqm of standing, under construction, and secured pipeline projects. Over the first 6 months of the year ELI has also expanded its landbank, adding 90,000 sqm GLA to its development potential, and initiated construction of logistics assets with a EUROPEAN LOGISTICS INVESTMENT’S H1 2022 PORTFOLIO EXCEEDS 1.2 MILLION SQM OF STANDING, UNDER CONSTRUCTION, AND SECURED PIPELINE PROJECTS

FUNDING SECURED FOR CONSTRUCTION OF 35MW SOLAR PV FARM IN CENTRAL POLAND

12 July 2022, PAD-RES, a leading Polish developer in the clean energy asset space owned by Griffin Capital Partners, Kajima Europe, and Mariusz Adamczewski, has secured construction and investment financing for the photovoltaic farm Genowefa, which has a total capacity of 35 megawatts (MW) of renewable energy. The construction of the Genowefa PV farm, that FUNDING SECURED FOR CONSTRUCTION OF 35MW SOLAR PV FARM IN CENTRAL POLAND