PRESS RELEASES

ENEA BUYS A 35 MW PHOTOVOLTAIC FARM IN GREATER POLAND FROM PAD RES

Located near Kleczew, Greater Poland Voivodeship, the Genowefa Photovoltaic Farm is expected to produce more than 35,000 MWh of green energy annually in its first years of operation, providing clean energy for approximately 17,500 households. Construction of the site began in April 2022 and the farm started producing energy in August 2023. The plant consists ENEA BUYS A 35 MW PHOTOVOLTAIC FARM IN GREATER POLAND FROM PAD RES

ELI EXPANDS ITS PORTFOLIO IN SILESIA AND ACQUIRES LAND FOR NEW BTS INVESTMENT

European Logistics Investment (ELI), a rapidly growing logistics platform in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, is expanding its portfolio in the Silesian Voivodeship by acquiring land in Knurów. The acquired land will be used for a BTS (Built-to-Suit) industrial project. The facility, which spans 34,681 square ELI EXPANDS ITS PORTFOLIO IN SILESIA AND ACQUIRES LAND FOR NEW BTS INVESTMENT

EUROPEAN LOGISTICS INVESTMENT’S H1 2023 STANDING AND UNDER CONSTRUCTION PORTFOLIO EXCEEDS 1 MILLION SQM TARGET

European Logistics Investment (ELI), a high-growth logistics platform in Poland, owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners concluded the first half of 2023 with 1m sqm of standing and under construction projects. The first six months of the year also marked the successful delivery of two projects totalling 70,450 sqm of EUROPEAN LOGISTICS INVESTMENT’S H1 2023 STANDING AND UNDER CONSTRUCTION PORTFOLIO EXCEEDS 1 MILLION SQM TARGET

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