Acquisition of Portfolio S, a portfolio of 77 multi-family residential units and 4 commercial assets in attractive locations in Berlin.

The portfolio was acquired in October 2015 and forms part of a joint-venture with a leading, international Sovereign Wealth Fund for the purpose of acquiring, refurbishing, redeveloping and optimizing centrally located multi-family residential properties in the greater Berlin area and nearby capital cities.

Acquisition of Portfolio I, a portfolio of 467 multi-family residential units and 25 commercial assets in attractive locations in Berlin.

The portfolio was acquired in July 2015 and forms part of a joint-venture with a leading, international Sovereign Wealth Fund for the purpose of acquiring, refurbishing, redeveloping and optimizing centrally located multi-family residential properties in the greater Berlin area and nearby capital cities.

Acquisition of Portfolio Z, a portfolio of 1,674 multi-family residential units and 94 commercial assets in attractive locations in Berlin, Brandenburg and Magdeburg.

The portfolio was acquired in December 2014 and forms part of a joint-venture with a leading, international Sovereign Wealth Fund for the purpose of acquiring, refurbishing, redeveloping and optimizing centrally located multi-family residential properties in the greater Berlin area and nearby capital cities.

Acquisition of Portfolio A, a portfolio of 293 multi-family residential units and 39 commercial assets in attractive locations in Berlin.

The portfolio was acquired in October 2015 and forms part of a joint-venture with a leading, international Sovereign Wealth Fund for the purpose of acquiring, refurbishing, redeveloping and optimizing centrally located multi-family residential properties in the greater Berlin area and nearby capital cities.