Italian Office Portfolio

•The portfolio comprises of two office buildings located in Rome and Milan, Italy.•

•The properties are leased to International Fund for Agricultural Development (“IFAD”) and Kering respectively.

•Built in 2008 as single-let Class A office property comprised of 32,200 sq. m. of gross rentable office space.

•The property is fully leased to International Fund for Agricultural Development (“IFAD”).

•IFAD is a specialized agency of United Nations dedicated to eradicating poverty and hunger in rural areas of developing countries. IFAD has been based in Rome since its formation in 1977.

Built in 2019 as single-let Class A office property comprised of 18,048 Sqm of rentable office space.

The property is fully leased to Kering Italia SpA A fully owned subsidiary of Kering SA its listed parent company.

Kering is Gucci's parent company and a significant player in the luxury goods industry owning a portfolio of international luxury brands including Saint-Laurent, Bottega Veneta, Balenciaga and Alexander McQueen