Profimex Portfolio Book

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Profimex Portfolio Book

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Profimex Portfolio

Inves t wi th People Wor thy of Your Trus t

Profimex Portfolio

Adding value to the business community for 45 years,

wi th in tegri ty, respectabi l i ty and fu l l t ransparency

w w w . p r o f i m e x . c o m

ProfiMEX ltD. Summer 2014 © All rights reserved.

1

Profimex Portfolio

PROFIMEX is the cross-border real estate arm of Bamberger Rosenheim Ltd., established in 1969.

PROFIMEX serves high-net-worth individuals (HNWIs), private and public companies and institutional investors, enabling them to participate in diverse cross-border real estate and renewable energy investments.

Among PROFIMEX’ investors are over 1,400 HNWIs, insurance companies, pension funds and provident funds. The investment threshold for private investors starts from $100,000 to $500,000.

PROFIMEX specializes in global co-investments with experienced local partners with proven track records. These investments are structured to ensure full alignment of interests with investors, including success-based compensation for managers.

Our diverse range of investments spans multiple countries, sectors, investment strategies and structures. These investments, in both equity and debt, are carried out through specific projects, co-investments, joint-ventures, funds and funds of funds.

The holding percentage of PROFIMEX and its investors in thousands of assets reaches up to 90% per asset, with a total gross asset value in excess of $40 billion.

An unprecedented investment environment has been created with the waning of the global economic crisis. This is the time to target attractive investment opportunities. That said, PROFIMEX and its associates are vigilant in their efforts to safeguard investor interests in existing investments and at the same time take active measures to salvage investments rendered risky by the recent crisis.

PROFIMEX’s Portfolio 1998-2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2

Profimex Portfolio

Private equity real estate investments focus on value creation over a period of several years (generally three to seven). Investment performance should not be measured based on short term results as are investments in stocks and bonds but, rather should be judged only in accordance with realization results. In private equity real estate, most of the investment managers’ efforts are based on a long term horizon as opposed to the short term operating results that shareholders may be interested in. Corporate executives are under constant pressure from investors and shareholders to meet short time earning targets and deliver periodic performance reporting. These managers may also be stakeholders with regards to the stock price, either as personal shareholders or through share price based incentive compensation. Private equity investors should be aware that interim reporting results do not affect the managers’ compensation and that most of their time and effort must focus on long term value creation.

2014 Wealth Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

How HNWI asset portfolios are invested?

According to “Knight Frank The Wealth Report 2014” representing over 23,000 UHNWIs - 24% of their portfolios are invested in real estate properties.

Property

Equities Own business

Fixed income bonds Cash

Commodities Venture capital

Gold/precious metals

24%

76%

Why Invest in Real Estate? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Investors worldwide are consistently increasing their real estate investments, realizing the importance of a balanced and diversified portfolio. Real estate investments are characterized by:

Low correlation with stocks and bondsAttractive risk-adjusted rate of return relative to stocks and bondsStructured inflation hedge thanks to the positive correlation with price level increases

3

Over the past 16 years, together with its JV global partners and investors, PROFIMEX has invested in over 3,000 properties and portfolios through direct investments, 14 funds and 2 funds of funds, in 37 countries. Due to the recent global crisis, PROFIMEX and its investors have suffered losses. However, when compared to the huge losses in the global real estate market, the joint efforts and experience of PROFIMEX and its partners, have helped us to significantly minimize losses in our portfolio.

PROFIMEX’s Track Record . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Return to Investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Since its inception, PROFIMEX has earned its investors an Internal Rate of Return (IRR) reflecting an average annual yield of 13.54%

Cambridge Associates index is based on data compiled from 753 opportunistic and value-added real estate funds

The IRR figures represent the annualized total return from realized investments only. Accordingly, IRR figures represent the return an

investor would have earned had he invested in all exited investments Due to our conservative policy, returns do not include fund

investments with remaining unliquidated properties The total equity losses to PROFIMEX and its investors represent less than 2% of

all capital raised since PROFIMEX’ inception in 1998. Most losses resulted from investments in residential development which suffered

decreases in property values of more than 40% as a result of the global financial crisis PROFIMEX return figures are as of April 30,

2014. There were no exits recorded in 2000. The Cambridge Associates Index is published annually. Therefore, average, median

and minimum return statistics are calculated based on 1999-2013 data

40%

30%

20%

10%

0%

-10%

-20%

-30%

1999 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 4.2014

8.46%

37.83%

30.12%

20.03%21.90%

30.83%

5.97% 6.52%

17.86%

13.57%

7.45%

14.12%

23.85%

-21.67%

-13.81%

PROFIMEXCambridge Associates Index

Lowest ReturnAverage 1999-2013

13.09%9.43%

Median

13.85%11.29%

-21.67%-35.82%

4

Profimex Portfolio

“Bad” Sector “Median” Sector

“Bad” Manager“Median” Manager“Good” Manager

- 4%4%

12%

0%8% -10%

16%

4%16%30%

“Good” Sector

Source: Private Equity International

The Importance of Choosing the Right Investment Managers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Manager and Sector Selection in Private Equity Funds

The Value of Accessibility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Local CRE Expert Not accessible to individuals

Direct Investment in a Project/Fund Accessible to individuals at high investment thresholds

Indirect Investment in a Project/Fund via PROFIMEX Feeder Accessible to individuals at a relatively low threshold

25.00%

20.00%

15.00%

10.00%

5.00%

0.00%

-2.50%

Inve

stor R

etur

n

Project Return

5.00

%

10.0

0%

15.0

0%

20.0

0%

25.0

0%

30.0

0%

Disparity between Top and Third Quartile Performance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Based on 5-Year Time-Weighted Returns as of 31/12/2013

Source: The Townsend Group

Ann

ual R

etur

n

25%

20%

15%

10%

5%

0%

REITHigh ReturnEnhancedStable

1.20%

18.80%

12.40%

2.20%

5

Our Global Partners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PROFIMEX specializes in co-investments with global, established partners with proven track records. Our experience shows that investing with a local, experienced partner improves the risk/return ratio. The senior managers among PROFIMEX’s strategic partners have more than 20 years of average real estate experience. This is very significant as it reflects activity through different parts of the investment cycle.

We adhere to the following principles (among other criteria) when selecting local operating partners: Managers with sectorial and geographical expertise and accessibility to off-market

investment opportunities Obtaining right of first refusal for every investment upon completion of meticulous due diligence

procedure of the partner Success-based compensation for managers Equity investments by both managers (GPs) and local investors (LPs) Ongoing monitoring of managers and periodical decision-making regarding future investments

PROFIMEX and its partners focus mostly on a value-added investment strategy with an opportunistic element. In these cases, we expect to identify the managers’ specific qualifications and ability to produce excess returns given the inherent risk involved in the investment. The particular characteristics of our strategies may change according to the market environment and may overlap in specific cases.

Real Estate Investment Strategies Classified by Risk/Return Profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Re

turn

R i sk

All markets including emerging, development and speculative development markets,leverage higher than 60%

Major and secondary,upside potential, and shorter holding period markets, leverage 55-65%

Major, developed markets, stable, yielding assets, and long holding periods,leverage under 50%

High Return/Opportunistic

Enhanced/Value Added

Core

Income Security Growth Oriented

6

Profimex Portfolio

Investments by Property Type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Investments by Region . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Australia 6.03%

North America 20.45%

South America 1.69%

Europe 51.90%

Asia 19.93%

Mixed Use 20.90%

Multifamily 8.36%

Office 18.38%

Retail 29.44%

Hotel 6.48%

Logistics 0.32%

Residential 10.44%

Industrial 1.67%

Land 3.31%

Renewable Energy 0.15%

Senior Housing 0.55%

PROFIMEX’s Diversified Portfolio

7

US Investments by State . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Europe Investments by Country . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Arizona 17.40%

Puerto Rico 1.06% Pennsylvania 2.58%

California 6.04%

Colorado 5.02%

Connecticut 2.33%

Florida 15.37%

Georgia 0.68% Hawaii 3.39%Illinois 1.52%

Louisiana 1.35% Massachusetts 7.89%

Nevada 0.37% New Jersey 1.84%

New York 14.60%

North Carolina 0.36%

South Carolina 0.13%

Ohio 2.75% Oregon 0.77%

Texas 5.44%

Vermont 3.14% Virginia 2.53%

Washington 3.44%

Germany 14.81%

Norway 6.21%

Poland 5.35%

Romania 0.34%

Russia 0.51% Scotland 0.53%

Spain 13.19%

Sweden 5.33%Turkey 6.06% Switzerland 0.01%

Ukraine 0.47%

United Kingdom 41.65%

Greece 0.09%

Holland 0.11%

Hungary 0.07%

Italy 0.28%

Czech Republic 0.25%

Finland 0.12%

France 2.23%

Belgium 0.14%

Bulgaria 0.16% Slovakia 2.09%

8 9

Profimex Portfolio

Foundry Colonial LOCATION WEST HAVEN, CONNECTICUT, USA

INVESTMENT DATE FEBRUARY 2005

TOTAL CAPITALIzATION $4,220,000

Multifamily 69 Units

Brook HollowLOCATION NEW HAVEN, CONNECTICUT, USA

INVESTMENT DATE JANUARY 2004

TOTAL CAPITALIzATION $5,225,000

Multifamily 84 Units

8 9

WintonburyLOCATION BLOOMFIELD, CONNECTICUT, USA

INVESTMENT DATE MAY 2004

TOTAL CAPITALIzATION $8,455,000

Multifamily 111 Units

Fairway RenaissanceLOCATION NEW HAVEN, CONNECTICUT, USA

INVESTMENT DATE APRIL 2004

TOTAL CAPITALIzATION $6,462,000

Multifamily 104 Units

10 11

Profimex Portfolio

Rivers EdgeLOCATION WATERBURY, CONNECTICUT, USA

INVESTMENT DATE DECEMBER 2008

TOTAL CAPITALIzATION $12,875,000

Multifamily 156 Units

Market Active LOCATION LONDON, UK

INVESTMENT DATE APRIL 2003

TOTAL CAPITALIzATION £2,411,986

Residential Development - Mezzanine Loan

10 11

Kings Court, Stamford YardLOCATION HITCHIN, UK

INVESTMENT DATE AUGUST 2003

TOTAL CAPITALIzATION £2,728,830

Residential Development - Mezzanine Loan

Irwell Quays, Mirabel Street LOCATION MANCHESTER, UK

INVESTMENT DATE JUNE 2003

TOTAL CAPITALIzATION £5,200,000

Residential Development - Bridge Loan

12 13

Profimex Portfolio

Grove Road - Loan I LOCATION HITCHIN, UK

INVESTMENT DATE SEPTEMBER 2003

TOTAL CAPITALIzATION £700,000

Residential Development - Mezzanine Loan, Part 1

Grove Road - Loan II LOCATION HITCHIN, UK

INVESTMENT DATE NOVEMBER 2003

TOTAL CAPITALIzATION £550,000

Residential Development - Mezzanine Loan, Part 2

12 13

Long Lane LOCATION FLOWLMERE, CAMBRIDGESHIRE, UK

INVESTMENT DATE JANUARY 2004

TOTAL CAPITALIzATION £2,892,000

Residential Development - Mezzanine Loan

Grove Road - Loan III LOCATION HITCHIN, UK

INVESTMENT DATE AUGUST 2004

TOTAL CAPITALIzATION £4,300,000

Residential Development - Mezzanine Loan, Part 3

14 15

Profimex Portfolio

St. Martins LOCATION NEW HAVEN, CONNECTICUT, USA

INVESTMENT DATE FEBRUARY 2005

TOTAL CAPITALIzATION $3,325,000

Multifamily 63 Units

Greater Montreal Grocery LOCATION MONTREAL, CANADA

INVESTMENT DATE DECEMBER 2003

TOTAL CAPITALIzATION C$8,648,085

Two Shopping Strips 51,000 sq.ft

14 15

Redwood Terrace LOCATION CAMBRIDGE, ONTARIO, CANADA

INVESTMENT DATE OCTOBER 2003

TOTAL CAPITALIzATION C$8,075,000

Multifamily 98 Units

Church Farm LOCATION BEDFORDSHIRE, UK

INVESTMENT DATE MAY 2004

TOTAL CAPITALIzATION £3,410,823

Residential Development - Mezzanine Loan

16 17

Profimex Portfolio

Letchworth Garden CityLOCATION LETCHWORTH, UK

INVESTMENT DATE FEBRUARY 2006

TOTAL CAPITALIzATION £12,200,000

Residential Development - Mezzanine Loan

Carfare (Belper Mills) LOCATION BELPER, UK

INVESTMENT DATE NOVEMBER 2003

TOTAL CAPITALIzATION £5,500,000

Office and Light Industrial Development - Bridge Loan

16 17

Greenleaf Tower Office CondoLOCATION JACKSONVILLE, FLORIDA, USA

INVESTMENT DATE SEPTEMBER 2005

TOTAL CAPITALIzATION $8,719,656

Office Building 120,000 sq.ft and 120 Parking Spaces

Challenger SouthLOCATION ORLANDO, FLORIDA, USA

INVESTMENT DATE DECEMBER 2004

TOTAL CAPITALIzATION $22,103,209

296,000 sq.ft Office Park Development of Four Buildings on 15.4 acres

18 19

Profimex Portfolio

Plum Grove Corporate PlazaLOCATION CHICAGO, ILLINOIS, USA

INVESTMENT DATE JANUARY 2006

TOTAL CAPITALIzATION $4,270,463

Office Building - 43,338 sq.ft

Phillips PortfolioLOCATION JACKSONVILLE, FLORIDA, USA

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION $71,800,000

Office Portfolio of 19 Buildings 678,501 sq.ft

18 19

University Village HousingLOCATION CHARLESTON, ILLINOIS, USA

INVESTMENT DATE FEBRUARY 2006

TOTAL CAPITALIzATION $15,400,000

Development - Student Housing , 124 Units

Gower RoadLOCATION WEYBRIDGE, UK

INVESTMENT DATE DECEMBER 2006

TOTAL CAPITALIzATION £6,250,000

Residential Development - Mezzanine Loan

20 21

Profimex Portfolio

Danesfield (Brackendale)LOCATION WENTWORTH, UK

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION £7,763,413

Single Home Development - Mezzanine Loan

EastwayLOCATION LONDON, UK

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION £1,788,000

Single Home Re-Development - Mezzanine Loan

20 21

Sheraton Crown PlazaLOCATION COLORADO SPRINGS, COLORADO, USA

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION $36,500,000

Hotel, 500 Rooms - Mezzanine Loan

Tri-County Parkway (111)LOCATION CINCINNATI, OHIO, USA

INVESTMENT DATE FEBRUARY 2011

TOTAL CAPITALIzATION $2,900,000

Office Building 41,930 sq.ft and 168 Parking Spaces on 3.45 acres

22 23

Profimex Portfolio

The Durand Senior ResidenceLOCATION HAMILTON, ONTARIO, CANADA

INVESTMENT DATE MAY 2000

TOTAL CAPITALIzATION C$4,950,000

Retirement Home - 58 Rooms with an additional Development of 24 Units

West Bowmanville Business ParkLOCATION SCARBOROUGH, ONTARIO, CANADA

INVESTMENT DATE JANUARY 2003

TOTAL CAPITALIzATION C$64,400,000

168 acres of Commercial and Residential Development

22 23

Silvercreek Estates LOCATION GUELPH, ONTARIO, CANADA

INVESTMENT DATE DECEMBER 2003

TOTAL CAPITALIzATION C$22,102,533

Multifamily - 3 Buildings 303 Appartments

The Clock HouseLOCATION BECKENHAM, UK

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION £10,600,000

Commercial and Residential Development - Mezzanine

24 25

Profimex Portfolio

Grand JLOCATION GRAND JUNCTION, COLORADO, USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION $8,212,343

40 acres of Land for Future Development

Charter HouseLOCATION ASHFORD, UK

INVESTMENT DATE JANUARY 2008

TOTAL CAPITALIzATION £13,500,000

3 Wing Building 157,434 sq.ft, 218 Office Units - Mezzanine Loan

24 25

Four WindsLOCATION HERTFORDSHIRE, UK

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION £26,010,000

Residential Development - Mezzanine Loan

26 27

Profimex Portfolio

Torokbalint LOCATION BUDAPEST, HUNGARY

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION €1,525,000

Portfolio including an office building, workshop buildings and a tower

Bushby GatewayLOCATION WEST MIDLANDS, UK

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION £3,190,000

Residential Development - Mezzanine Loan

26 27

Chafford Hundred LOCATION LONDON, UK

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION £4,500,000

Residential Development - Mezzanine Loan

Esher LOCATION SURREY, UK

INVESTMENT DATE APRIL 2009

TOTAL CAPITALIzATION £1,800,000

Residential Development - Bridge Loan

28 29

Profimex Portfolio

Bishops HeathLOCATION ENGLEFIELD GREEN, UK

INVESTMENT DATE OCTOBER 2008

TOTAL CAPITALIzATION £10,200,000

Single House Development - Mezzanine Loan

Pleasant Grove Business CenterLOCATION CARY, NORTH CAROLINA, USA

INVESTMENT DATE APRIL 2008

TOTAL CAPITALIzATION $9,700,000

Development - Office Park 78,000 sq.ft on 32 acres

28 29

Cookstown Outlet MallLOCATION COOKSTOWN, ONTARIO, CANADA

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION C$48,500,000

Outlet Mall 160,552 sq.ft on 123 acres with additional development potential

30 31

Profimex Portfolio

Union Road Clapham LOCATION LONDON, UK

INVESTMENT DATE OCTOBER 2008

TOTAL CAPITALIzATION £18,384,000

Residential Development - Mezzanine Loan

Chafford HundredLOCATION LONDON, UK

INVESTMENT DATE JULY 2008

TOTAL CAPITALIzATION £27,450,000

Residential Development - Mezzanine Loan, Part 2

30 31

Alexander DriveLOCATION DURHAM, NORTH CAROLINA, USA

INVESTMENT DATE JUNE 2008

TOTAL CAPITALIzATION $4,415,000

Office Park 47,490 sq.ft on 15 acres

IKEA AldiLOCATION BUDAPEST, HUNGARY

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION €4,770,000

Retail - 4,090 sqm on 12,000 sqm Land on and 190 Parking Spaces

32 33

Profimex Portfolio

Two G Properties LOCATION HERTFORDSHIRE, UK

INVESTMENT DATE NOVEMBER 2008

TOTAL CAPITALIzATION £1,386,000

Residential Development - Bridge Loan

Metro PointLOCATION LONDON, CROYDON, UK

INVESTMENT DATE JUNE 2009

TOTAL CAPITALIzATION £13,000,000

Office Building 40,288 sq.ft and 20 underground Parking Spaces

32 33

Northwoods Business CenterLOCATION ATLANTA, GEORGIA, USA

INVESTMENT DATE JULY 2009

TOTAL CAPITALIzATION $5,930,000

3 Office Buildings 110,370 sq.ft on 9.35 acres and 337 Parking Spaces

34 35

Profimex Portfolio

Radisson Dallas Love FieldLOCATION DALLAS, TEXAS, USA

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION $16,000,000

Hotel – 296 Rooms – Mezzanine Loan

Villagewood & Northwood ApartmentsLOCATION WATERBURY, CONNECTICUT, USA

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION $21,086,800

Two Multifamily Communities of 346 Units

34 35

Tampa Commerce CenterLOCATION TAMPA, FLORIDA, USA

INVESTMENT DATE MAY 2010

TOTAL CAPITALIzATION $3,900,000

Land purchase in a huge discount for future development of four Buildings of Logistic Development 610,000 sq.ft on 48.26 acres

36 37

Profimex Portfolio

The Newbury Street Program IILOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE 2010-2011

TOTAL CAPITALIzATION $25,760,058

A unique program to aggregate retail, office and residential buildings on Newbury street which is known for its boutique, retail shops and trendy street, cafe style restaurants. Program II included only five buildings

36 37

Trafford HouseLOCATION BASILDON, UK

INVESTMENT DATE OCTOBER 2010

TOTAL CAPITALIzATION £11,000,000

Residential Development – Bridge Loan

Baryah Family PortfolioLOCATION BRISTOL, UK

INVESTMENT DATE JUNE 2010

TOTAL CAPITALIzATION £2,430,000

Commercial and Residential – Bridge Loan

38 39

Profimex Portfolio

Whisper Valley RanchLOCATION AUSTIN, TEXAS, USA

INVESTMENT DATE AUGUST 2006

TOTAL CAPITALIzATION $31,700,000

Mix Development – Land Venture on 2,062 acres

38 39

Air Commerce Business ParkLOCATION GEORGIA, ATLANTA, USA

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION $14,400,000

Logistic Center Development on 18.5 acres

Cornwall Industrial Estate LOCATION SMETHWICK, UK

INVESTMENT DATE MAY 2004

TOTAL CAPITALIzATION £1,310,000

Industrial - Mezzanine Loan

40 41

Profimex Portfolio

Newspaper HouseLOCATION ROYSTON, UK

INVESTMENT DATE AUGUST 2004

TOTAL CAPITALIzATION £1,948,054

Residential and Commercial Development - Mezzanine Loan

AbbeyshieldLOCATION BANBURY, UK

INVESTMENT DATE MAY 2004

TOTAL CAPITALIzATION £900,000

Residential and Commercial Development – Bridge Loan

40 41

Turners Mews (The Fosters)LOCATION CHESHUNT, UK

INVESTMENT DATE SEPTEMBER 2004

TOTAL CAPITALIzATION £2,096,000

Residential Development - Mezzanine Loan

Barracks ChaseLOCATION NASH, UK

INVESTMENT DATE JUNE 2004

TOTAL CAPITALIzATION £3,628,570

Residential Development - Mezzanine Loan

42 43

Profimex Portfolio

Aston House – Loan ILOCATION BUCKINGHAMSHIRE, UK

INVESTMENT DATE MAY 2004

TOTAL CAPITALIzATION £2,490,000

Residential Development - Mezzanine Loan

Aston House – Loan IILOCATION BUCKINGHAMSHIRE, UK

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION £3,428,000

Residential Development – Bridge Loan

42 43

Lorraine Works, Birds HillLOCATION LETCHWORTH GARDEN CITY, UK

INVESTMENT DATE JUNE 2004

TOTAL CAPITALIzATION £3,840,000

Residential Development - Mezzanine Loan

BurleighLOCATION LONDON, UK

INVESTMENT DATE NOVEMBER 2004

TOTAL CAPITALIzATION £5,585,000

Residential and Office Portfolio - Mezzanine Loan

44 45

Profimex Portfolio

The Hamptons LOCATION WORCESTER PARK, SURREY, UK

INVESTMENT DATE OCTOBER 2004

TOTAL CAPITALIzATION £11,800,000

Off Plan Residential Option

Braceforce Grices Granary LOCATION LONDON, UK

INVESTMENT DATE AUGUST 2004

TOTAL CAPITALIzATION £1,785,000

Commercial - Bridge Loan

44 45

Hornsey High StreetLOCATION LONDON, UK

INVESTMENT DATE MAY 2003

TOTAL CAPITALIzATION £13,200,000

Off Plan Residential Option

Brooklyn Heights Residential(Formerly the Standish Arms Hotel)

LOCATION BROOKLYN, NEW YORK, USA

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION $77,991,143

128 Appartments 56,438 sq.ft

46 47

Profimex Portfolio

Riverpark Drive (400)LOCATION NORTH READING, MASS, USA

INVESTMENT DATE JUNE 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Broad Lane Developments LOCATION WALSALL, UK

INVESTMENT DATE JULY 2008

TOTAL CAPITALIzATION £3,775,000

Residential Development – Bridge Loan

46 47

Riverpark Drive (300)LOCATION NORTH READING, MASS, USA

INVESTMENT DATE JUNE 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Vani TriadesLOCATION MILOS, GREECE

INVESTMENT DATE SEPTEMBER 2008

TOTAL CAPITALIzATION €13,500,000

1,557 acres Mix use land development

48 49

Profimex Portfolio

Buda DP (Portfolio)LOCATION BUDAPEST, HUNGARY

INVESTMENT DATE DECEMBER 2009

TOTAL CAPITALIzATION €4,000,000

100,000 sqm Land Development with existing 20,000 sqm Buildings

Suzuki and Fish LOCATION HITCHIN, UK

INVESTMENT DATE MAY 2004

TOTAL CAPITALIzATION £1,680,000

Residential Development – Bridge Loan

48 49

Round Hill Road (269)LOCATION GREENWICH, CONNECTICUT, USA

INVESTMENT DATE AUGUST 2005

TOTAL CAPITALIzATION $7,000,000

Single Home Development

50 51

Profimex Portfolio

Maisonville CourtLOCATION WINDSOR, ONTARIO, CANADA

INVESTMENT DATE OCTOBER 2000

TOTAL CAPITALIzATION C$4,350,000

Retirement Home 85 Units

Royal Phoenix Business CenterLOCATION ATLANTA, GEORGIA, USA

INVESTMENT DATE SEPTEMBER 2010

TOTAL CAPITALIzATION $6,380,000

Two Office Buildings, 155,040 sq.ft

50 51

North Shore MontrealLOCATION MONTREAL, QUEBEC, CANADA

INVESTMENT DATE JANUARY 2003

TOTAL CAPITALIzATION C$4,848,000

Development - Shopping Strip 41,225 sq.ft

Villa Orleans & St. Joseph ManorLOCATION ORLEANS, ONTARIO, CANADA

INVESTMENT DATE JULY 2001

TOTAL CAPITALIzATION C$14,250,000

Three sites of retirement homes, 285 units on 14.5 acres

52 53

Profimex Portfolio

Carleton Place ManorLOCATION CARENTON PLACE, ONTARIO, CANADA

INVESTMENT DATE JULY 2002

TOTAL CAPITALIzATION C$6,064,000

Retirement Home of 93 Apartments and additional land for future development

Clarington Centre LOCATION BOWMANVILLE, ONTARIO, CANADA

INVESTMENT DATE FEBRUARY 2002

TOTAL CAPITALIzATION C$17,500,000

Retirement Home of 128 Apartments

52 53

Village LandingLOCATION EDMONTON, CANADA

INVESTMENT DATE AUGUST 2002

TOTAL CAPITALIzATION C$20,394,437

Shopping Mall redevelopment 146,000 sq.ft

54 55

Profimex Portfolio

Billerica Avenue’s (95)LOCATION BILLERICA, MASSACHUSETTS, USA

INVESTMENT DATE JUNE 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

McCowanLOCATION SCARBOROUGH, ONTARIO, CANADA

INVESTMENT DATE APRIL 2003

TOTAL CAPITALIzATION C$18,200,000

Development, Retirement Home – 160 Units and 5,000 sq.ft commercial area on 1.5 acres

54 55

Dallas CoppellLOCATION DALLAS, TEXAS, USA

INVESTMENT DATE AUGUST 2004

TOTAL CAPITALIzATION $4,350,000

105,375 sq.ft Logistic Center Development

Heath Works LOCATION BALDOCK ROAD, ROYSTON, UK

INVESTMENT DATE AUGUST 2005

TOTAL CAPITALIzATION £3,500,000

Conversion – Mezzanine Loan

56 57

Profimex Portfolio

Coco WalkLOCATION COCONUT GROVE, FLORIDA, USA

INVESTMENT DATE AUGUST 2004

TOTAL CAPITALIzATION $129,000,000 (INCLUDING BEACH PLACE)

2 Retail Properties 275,000 sq.ft, 17,000 sq.ft office space, 10,000 sq.ft storage and 1450 Parking Spaces on 6.4 acres

Beach PlaceLOCATION FORT LAUDERDALE, FLORIDA, USA

INVESTMENT DATE AUGUST 2004

TOTAL CAPITALIzATION $129,000,000 (INCLUDING COCO WALK)

2 Retail Properties 275,000 sq.ft, 17,000 sq.ft office space, 10,000 sq.ft storage and 1450 Parking Spaces on 6.4 acres

56 57

Park Side 1 LOCATION NIGHTINGALE ROAD, HITCHIN, UK

INVESTMENT DATE DECEMBER 2004

TOTAL CAPITALIzATION £7,106,727

Residential Development - Mezzanine Loan

Park Side 2 LOCATION NIGHTINGALE ROAD, HITCHIN, UK

INVESTMENT DATE AUGUST 2005

TOTAL CAPITALIzATION £7,464,000

Residential Development - Mezzanine Loan

58 59

Profimex Portfolio

Quechee LakesLOCATION VERMONT, USA

INVESTMENT DATE JUNE 2005

TOTAL CAPITALIzATION $251,568,079

1,305 acres for development of single homes, condominiums, commercial and residential lots and land for future development

The GatewayLOCATION CHENNAI, INDIA

INVESTMENT DATE MAY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

58 59

Earls Hill CourtLOCATION ROYSTON, UK

INVESTMENT DATE JANUARY 2002

TOTAL CAPITALIzATION £2,305,410

Residential Development - Mezzanine Loan

GallopsLOCATION AHMEDABAD, GUJARAT, INDIA

INVESTMENT DATE FEBRUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

60 61

Profimex Portfolio

IDEBLOCATION BANGALORE, INDIA

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

AhmedabadLOCATION AHMEDABAD, GUJARAT, INDIA

INVESTMENT DATE FEBRUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

60 61

Parsvnath ExoticaLOCATION AHMEDABAD, GUJARAT, INDIA

INVESTMENT DATE DECEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

ParkwoodsLOCATION THANE, MUMBAI, INDIA

INVESTMENT DATE APRIL 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

62 63

Profimex Portfolio

Ruchi LifescapesLOCATION BHOPAL, INDIA

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Point InduLOCATION SHAMSHABAD, HYDERABAD, INDIA

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

62 63

Mohali MallLOCATION MOHALI, PUNJAB, INDIA

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Global EntropolisLOCATION MADHURAWADA, VISHAKAPATNAM,

INDIA

INVESTMENT DATE APRIL 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

64 65

Profimex Portfolio

Janapriya Nile ValleyLOCATION MADINAGUDA, HYDERABAD, INDIA

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

VizagLOCATION VIzAG, INDIA

INVESTMENT DATE APRIL 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

64 65

Parsvnath GhaziabadLOCATION GHAzIABAD, INDIA

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Shristi Hotels LOCATION RAJARHAT, KOLKATA, INDIA

INVESTMENT DATE SEPTEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

66 67

Profimex Portfolio

Kahala HotelLOCATION HONOLULU, HAWAII, USA

INVESTMENT DATE NOVEMBER 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

KeystoneLOCATION MUMBAI, INDIA

INVESTMENT DATE APRIL 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

66 67

Dallas ResidentialLOCATION DALLAS, TEXAS, USA

INVESTMENT DATE AUGUST 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Adler RetailLOCATION VARIOUS LOCATIONS, FLORIDA, USA

INVESTMENT DATE JANUARY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Purchase of 3 Parcels total 3,520,519 sq.ft

68 69

Profimex Portfolio

Hyatt WaikikiLOCATION HONOLULU, HAWAII, USA

INVESTMENT DATE MARCH 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

610 West 110th StreetLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

68 69

Riverhead RenaissanceLOCATION RIVERHEAD, NEW YORK, USA

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Portland ResidentialLOCATION PORTLAND, OREGON, USA

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

70 71

Profimex Portfolio

Belara ApartmentsLOCATION AUBURN, WASHINGTON, USA

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Aries PortfolioLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

70 71

Bar/ x RanchLOCATION ASPEN, COLORADO, USA

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

CBS SiteLOCATION LOS ANGELES, CALIFORNIA, USA

INVESTMENT DATE JULY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

72 73

Profimex Portfolio

Everest PortfolioLOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE NOVEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 7 office buildings

Fairfield TowersLOCATION BROOKLYN, NEW YORK, USA

INVESTMENT DATE AUGUST 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

72 73

Everest PortfolioLOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE NOVEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 7 office buildings

Everest PortfolioLOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE NOVEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 7 office buildings

74 75

Profimex Portfolio

Everest PortfolioLOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE NOVEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 7 office buildings

Everest PortfolioLOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE NOVEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 7 office buildings

74 75

Riverside Drive (730)LOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Riverside Drive (790)LOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE APRIL 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

76 77

Profimex Portfolio

Douglas RanchLOCATION BUCKEYE, ARIzONA, USA

INVESTMENT DATE APRIL 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Trillium LandLOCATION BUCKEYE, ARIzONA, USA

INVESTMENT DATE FEBRUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

76 77

Orlando Convention CenterLOCATION ORLANDO, FLORIDA, USA

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

31st Street HotelLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

78 79

Profimex Portfolio

Capitol PlazaLOCATION WASHINGTON, DC, USA

INVESTMENT DATE APRIL 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

The President Country ClubLOCATION WEST PALM BEACH, FLORIDA, USA

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

78 79

125th Street RetailLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE MAY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Leroy HotelLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

80 81

Profimex Portfolio

Eagle HospitalityLOCATION ACROSS THE USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 13 hotels

Knickerbocker VillageLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

80 81

Eagle HospitalityLOCATION ACROSS THE USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 13 hotels

Eagle HospitalityLOCATION ACROSS THE USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 13 hotels

82 83

Profimex Portfolio

Eagle HospitalityLOCATION ACROSS THE USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 13 hotels

Eagle HospitalityLOCATION ACROSS THE USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 13 hotels

82 83

Eagle HospitalityLOCATION ACROSS THE USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 13 hotels

Eagle HospitalityLOCATION COLORADO , USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 13 hotels

84 85

Profimex Portfolio

Monument IIILOCATION HERNDON, VIRGINIA, USA

INVESTMENT DATE Q3 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Eagle HospitalityLOCATION ARIzONA , USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Part of a portfolio of 13 hotels

84 85

Arlington (100)LOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

The ClassicLOCATION STAMFORD, CONNECTICUT, USA

INVESTMENT DATE DECEMBER 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

86 87

Profimex Portfolio

Lafayette Street (148)LOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE JANUARY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

LidoLOCATION HERNDON, VIRGINIA, USA

INVESTMENT DATE Q3 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

86 87

Trimble Park (formerly acer campus)LOCATION SAN JOSE, CALIFORNIA, USA

INVESTMENT DATE MARCH 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

MMI Industries Portfolio IILOCATION PARIS, FRANCE

INVESTMENT DATE JULY 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

88 89

Profimex Portfolio

Redos RetailLOCATION RAUNHEIM, GERMANY

INVESTMENT DATE DECEMBER 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Swiss PortfolioLOCATION ACROSS SWITzERLAND

INVESTMENT DATE MARCH 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

11 Assets

88 89

Pyramida Shopping CentreLOCATION KIEV, UKRAINE

INVESTMENT DATE MARCH 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

3C Spain (Alcoi)LOCATION ACROSS SPAIN

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

90 91

Profimex Portfolio

3C Spain (Gandia)LOCATION ACROSS SPAIN

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

HooverLOCATION ACROSS GERMANY

INVESTMENT DATE MAY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

49 Assets

90 91

Redos Development Portfolio ILOCATION 6 GERMAN CITIES

INVESTMENT DATE DECEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

35 Assets

Fairmont St AndrewsLOCATION ST. ANDREWS, SCOTLAND, UK

INVESTMENT DATE JULY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

92 93

Profimex Portfolio

KaufhofLOCATION ACROSS GERMANY

INVESTMENT DATE JULY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

12 Assets

Floreasca Business CentreLOCATION BUCHAREST, ROMANIA

INVESTMENT DATE MARCH 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

92 93

VenissieuxLOCATION LYON, FRANCE

INVESTMENT DATE JULY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

LegnanoLOCATION MILAN, ITALY

INVESTMENT DATE DECEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

94 95

Profimex Portfolio

MarktkaufLOCATION MOSCOW, RUSSIA

INVESTMENT DATE DECEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Star CityLOCATION BIRMINGHAM, UK

INVESTMENT DATE JANUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

94 95

Brack Russian Joint VentureLOCATION MOSCOW, RUSSIA

INVESTMENT DATE DECEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

AlcalaLOCATION ALCALA DE HENARES, SPAIN

INVESTMENT DATE FEBRUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

96 97

Profimex Portfolio

BrnoLOCATION BRNO, CzECH REPUBLIC

INVESTMENT DATE MAY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Mentrida IndustrialLOCATION MENTRIDA, TOLEDO, SPAIN

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

96 97

EagleLOCATION ACROSS GERMANY

INVESTMENT DATE FEBRUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

42 Assets

Telford Shopping CentreLOCATION TELFORD, UK

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

98 99

Profimex Portfolio

zaporizhia Shopping CentreLOCATION zAPORIzHIA, UKRAINE

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Moara VlaseiLOCATION BUCHAREST, ROMANIA

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

98 99

Keppie DesignLOCATION GLASGOW, SCOTLAND

INVESTMENT DATE AUGUST 2010

TOTAL CAPITALIzATION £4,385,000

Sale & Leaseback of 2 Office Buildings of 19,853 sq.ft

Southern CrossLOCATION BEACONSFIELD, UK

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

100 101

Profimex Portfolio

Carrefour Merter Shopping CentreLOCATION ISTANBUL, TURKEY

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Aspria DevelopmentLOCATION HANNOVER, GERMANY

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

100 101

Radisson Research Triangle ParkLOCATION RALEIGH, NORTH CAROLINA, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Marmara Forum LOCATION ISTANBUL, TURKEY

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

102 103

Profimex Portfolio

Prolisky ParkLOCATION KIEV, UKRAINE

INVESTMENT DATE JANUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Historic IstanbulLOCATION ISTANBUL, TURKEY

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Hotel and Six Buildings of 94 apartments and three retail shops

102 103

Redos Development Portfolio IILOCATION BOTTROP, GERMANY

INVESTMENT DATE JANUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

White TowerLOCATION LONDON, UK

INVESTMENT DATE SEPTEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

104 105

Profimex Portfolio

Capital & RegionalLOCATION ACROSS GERMANY

INVESTMENT DATE OCTOBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

51 Income Producing Assets Totaling 474,360 Sqm

Dawnay DayLOCATION ACROSS THE UK

INVESTMENT DATE MARCH 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

221 Properties

104 105

RedevcoLOCATION ACROSS THE UK

INVESTMENT DATE NOVEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

38 High Street Retail, 12 Shopping Centers and 3 Office Buildings

ClaphamLOCATION ACROSS THE UK

INVESTMENT DATE MAY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

11 Retail Parks

106 107

Profimex Portfolio

WakefieldLOCATION WAKEFIELD, UK

INVESTMENT DATE DECEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Metro Portfolio LOCATION ACROSS POLAND

INVESTMENT DATE APRIL 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

28 shopping centers

106 107

Fenchurch StreetLOCATION LONDON, UK

INVESTMENT DATE JANUARY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

zeran IILOCATION WARSAW, POLAND

INVESTMENT DATE APRIL 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

108 109

Profimex Portfolio

Bucharest IndustrialLOCATION BUCHAREST, ROMANIA

INVESTMENT DATE JUNE 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Hotel MiramarLOCATION BARCELONA, SPAIN

INVESTMENT DATE DECEMBER 2001

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

108 109

MMI Industries Portfolio ILOCATION PARIS, FRANCE

INVESTMENT DATE DECEMBER 2001

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

REIT Germany Joint VentureLOCATION MUNICH, GERMANY

INVESTMENT DATE FEBRUARY 2002

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

110 111

Profimex Portfolio

Hounslow Shopping CentreLOCATION HOUNSLOW, UK

INVESTMENT DATE NOVEMBER 2003

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Branston Distribution DepotLOCATION GLASGOW, SCOTLAND

INVESTMENT DATE JULY 2003

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

110 111

St Katharine DocksLOCATION LONDON, UK

INVESTMENT DATE MARCH 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

The DylanLOCATION AMSTERDAM, HOLLAND

INVESTMENT DATE OCTOBER 2002

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

112 113

Profimex Portfolio

zlicin Business Park LOCATION PRAGUE, CzECH REPUBLIC

INVESTMENT DATE MARCH 2002

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

WurttemburgLOCATION WURTTEMBURG, GERMANY

INVESTMENT DATE FEBRUARY 2003

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

112 113

Warsaw Trade TowerLOCATION WARSAW, POLAND

INVESTMENT DATE DECEMBER 2002

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

AccordiaLOCATION CAMBRIDGE, UK

INVESTMENT DATE OCTOBER 2003

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

114 115

Profimex Portfolio

Baden-BadenLOCATION BADEN-BADEN, GERMANY

INVESTMENT DATE JANUARY 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Universal PortfolioLOCATION ACROSS GERMANY

INVESTMENT DATE DECEMBER 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

49 Assets

114 115

Ericsson Italian HeadquartersLOCATION ROME, ITALY

INVESTMENT DATE JUNE 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Arcades Shopping CentreLOCATION ASHTON-UNDER-LYNE, UK

INVESTMENT DATE APRIL 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

116 117

Profimex Portfolio

CTN GenevaLOCATION GENEVA, SWITzERLAND

INVESTMENT DATE MARCH 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Unicycle Retail PortfolioLOCATION ACROSS THE UK

INVESTMENT DATE JANUARY 2002

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

6 Shopping Centers

116 117

Cameron Toll Shopping CenterLOCATION EDINBURGH, SCOTLAND, UK

INVESTMENT DATE JANUARY 2002

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Haslemere LOCATION ACROSS THE UK

INVESTMENT DATE MAY 2002

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

188 Properties

118 119

Profimex Portfolio

Bucharest Office Park LOCATION BUCHAREST, ROMANIA

INVESTMENT DATE OCTOBER 2003

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

The Forge Shopping CenterLOCATION GLASGOW, SCOTLAND

INVESTMENT DATE JANUARY 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

118 119

BBVALOCATION THROUGHOUT SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATION 1.53 BILLION

Sale and Leaseback of 1,138 properties

SPAIN

MADRIDBARCELONA

120 121

Profimex Portfolio

Gran ViaLOCATION BILBAO, SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATIONClassified information, available for PROFIMEX investors only; Part of the €1.53 Billion BBVA transaction

Plaza del Ayuntamiento LOCATION VALENCIA, SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATIONClassified information, available for PROFIMEX investors only; Part of the €1.53 Billion BBVA transaction

120 121

Avenida De La PalmeraLOCATION SEVILLE, SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATIONClassified information, available for PROFIMEX investors only; Part of the €1.53 Billion BBVA transaction

Duque de la VictoriaLOCATION VALLADOLID, SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATIONClassified information, available for PROFIMEX investors only; Part of the €1.53 Billion BBVA transaction

122 123

Profimex Portfolio

AlbaredaLOCATION CANARY ISLANDS, SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATIONClassified information, available for PROFIMEX investors only; Part of the €1.53 Billion BBVA transaction

Rambla Mendez NunezLOCATION ALICANTE, SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATIONClassified information, available for PROFIMEX investors only; Part of the €1.53 Billion BBVA transaction

122 123

Industrial Estate GitesaLOCATION MADRID, SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATIONClassified information, available for PROFIMEX investors only; Part of the €1.53 Billion BBVA transaction

Plaza Dean MazasLOCATION JAEN, SPAIN

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATIONClassified information, available for PROFIMEX investors only; Part of the €1.53 Billion BBVA transaction

124 125

Profimex Portfolio

Capitol Plaza ILOCATION WASHINGTON, DC, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

De Haro (444)LOCATION SAN FRANCISCO, CALIFORNIA, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

124 125

West Monroe (311)LOCATION CHICAGO, ILLINOIS, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

West Jackson (200)LOCATION CHICAGO, ILLINOIS, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

126 127

Profimex Portfolio

Coast Guard BuildingLOCATION WASHINGTON, DC, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Resource Investments ApartmentPortfolio

LOCATION EASTERN PA & SOUTHERN NJ, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

126 127

Grand Reserve at Park IsleLOCATION CLEARWATER, FLORIDA, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Montego BayLOCATION HENDERSON, NEVADA, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

128 129

Profimex Portfolio

Business Park (212th)LOCATION KENT, WASHINGTON, USA

INVESTMENT DATE FEBRUARY 2002

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

The ChelseaLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE MAY 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

128 129

Gaithersburg HiltonLOCATION GAITHERSBURG, MARYLAND, USA

INVESTMENT DATE SEPTEMBER 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

South Loop MarketplaceLOCATION CHICAGO, ILLINOIS, USA

INVESTMENT DATE JULY 2003

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

130 131

Profimex Portfolio

Sheraton Richmond HotelLOCATION RICHMOND, VIRGINIA, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Carr America LOCATION GEORGIA, ATLANTA, USA

INVESTMENT DATE SEPTEMBER 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

130 131

One Cabot RoadLOCATION MEDFORD, MASSACHUSETTS, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Tower BurbankLOCATION BURBANK, CALIFORNIA, USA

INVESTMENT DATE JULY 2003

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

132 133

Profimex Portfolio

Edgewater TowerLOCATION WEST HAVEN, CONNECTICUT, USA

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION $13,700,000

Multifamily – 107 Units

Shanghai Rui Hong Xin ChengLOCATION SHANGHAI, CHINA

INVESTMENT DATE MAY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

132 133

Newton Office BuildingLOCATION NEWTON, MASSACHUSETTS, USA

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION $12,850,000

Office Building 81,600 sq.ft

Shanghai TaipingqiaoLOCATION SHANGHAI, CHINA

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

134 135

Profimex Portfolio

Chongqing TiandiLOCATION CHONGQING, CHINA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Quarry TownhomesLOCATION SAN ANTONIO, TEXAS, USA

INVESTMENT DATE DECEMBER 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

150-unit class A apartments

134 135

Chongqing Tiandi (CQTD)Commercial Cluster

LOCATION CHONGQING, CHINA

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Finsa – Philip Industrial PlatformLOCATION JUAREz, MEXICO

INVESTMENT DATE APRIL 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

136 137

Profimex Portfolio

El TapatioLOCATION GUADALAJARA, MEXICO

INVESTMENT DATE MAY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Las PalapasLOCATION PLAYA DEL CARMEN, MEXICO

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

136 137

Puebla LOCATION LA VISTA, MEXICO

INVESTMENT DATE MAY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

EsmeraldaLOCATION MEXICO CITY, MEXICO

INVESTMENT DATE MAY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

138 139

Profimex Portfolio

Hilton GuadalajaraLOCATION GUADALAJARA, MEXICO

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

JuriquillaLOCATION QUERETARO, MEXICO

INVESTMENT DATE MAY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

138 139

Golden Square MallLOCATION SAO PAULO, BRAzIL

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Hilton JuárezLOCATION CHIHUAHUA, MEXICO

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

140 141

Profimex Portfolio

NH Krystal IxtapaLOCATION KRYSTAL IXTAPA, MEXICO

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

LindavistaLOCATION MEXICO CITY, MEXICO

INVESTMENT DATE AUGUST 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

140 141

NH Krystal CancunLOCATION CANCUN, MEXICO

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

GSRTC Bus StandLOCATION GUJARAT STATE, INDIA

INVESTMENT DATE OCTOBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

142 143

Profimex Portfolio

Argosy at CrestviewLOCATION AUSTIN, TEXAS, USA

INVESTMENT DATE MAY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

A Part of Multifamily Portfolio of 2,046 Apartments

Parkridge PlaceLOCATION DALLAS, TEXAS, USA

INVESTMENT DATE JUNE 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

A Part of Multifamily Portfolio of 2,046 Apartments

142 143

Willow LakeLOCATION TAMPA, FLORIDA, USA

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

A Part of Multifamily Portfolio of 2,046 Apartments

Canyon ChaseLOCATION WESTMINSTER, COLORADO, USA

INVESTMENT DATE JULY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

A Part of Multifamily Portfolio of 2,046 Apartments

144 145

Profimex Portfolio

English Residential Land PartnershipLOCATION GLOUCESTER, UK

INVESTMENT DATE FEBRUARY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Square ComLOCATION BOULOGNE-BILLANCOURT, FRANCE

INVESTMENT DATE JULY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

144 145

Osprey LinksLOCATION ORLANDO, FLORIDA, USA

INVESTMENT DATE JULY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

A Part of Multifamily Portfolio of 2,046 Apartments

Forum SteglitzLOCATION BERLIN, GERMANY

INVESTMENT DATE JULY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

146 147

Profimex Portfolio

Ansal SezLOCATION GURGAON, INDIA

INVESTMENT DATE FEBRUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Fremlin WalkLOCATION MAIDSTONE, UK

INVESTMENT DATE JUNE 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

146 147

Light Industrial PropertyLOCATION TEWKESBURY, UK

INVESTMENT DATE NOVEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Ansal TownshipLOCATION GURGAON, INDIA

INVESTMENT DATE APRIL 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

148 149

Profimex Portfolio

Dewa ProjectLOCATION KOCHI, INDIA

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Aria HotelsLOCATION DELHI, INDIA

INVESTMENT DATE OCTOBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

148 149

Emerald LandsLOCATION LUDHIANA, PUNJAB, INDIA

INVESTMENT DATE JANUARY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Edencity ProjectsLOCATION KOLKATA, INDIA

INVESTMENT DATE NOVEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

150 151

Profimex Portfolio

KohinoorLOCATION MUMBAI, INDIA

INVESTMENT DATE OCTOBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

GK Industrial ParkLOCATION TRICHY, TAMIL NADU, INDIA

INVESTMENT DATE JUNE 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

150 151

JB SezLOCATION PANOLI, GUJARAT, INDIA

INVESTMENT DATE SEPTEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Orbit HicityLOCATION ALIBAUG, INDIA

INVESTMENT DATE MARCH 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

152 153

Profimex Portfolio

Rare TownshipLOCATION MUMBAI, INDIA

INVESTMENT DATE DECEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Pallanishaamy PropertiesLOCATION CHENNAI, INDIA

INVESTMENT DATE MAY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

152 153

Ramky Integrated TownshipLOCATION HYDERABAD, INDIA

INVESTMENT DATE JUNE 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Runwal ProjectsLOCATION MUMBAI, INDIA

INVESTMENT DATE FEBRUARY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

154 155

Profimex Portfolio

Shreya DwellersLOCATION GHAzIABAD, (NCR), INDIA

INVESTMENT DATE MARCH 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

HBS SEz Pvt LtdLOCATION PANOLI, GUJARAT, INDIA

INVESTMENT DATE SEPTEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Industrial

154 155

Sterling Holiday Resorts LOCATION PAN, INDIA

INVESTMENT DATE FEBRUARY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Suyog RealtorsLOCATION NAGPUR, INDIA

INVESTMENT DATE APRIL 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

156 157

Profimex Portfolio

Wondervalue RealtyLOCATION MUMBAI, INDIA

INVESTMENT DATE SEPTEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

SRM SitesLOCATION MUMBAI, INDIA

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

156 157

Finland Retail Portfolio IILOCATION OULU, FINLAND

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

158 159

Profimex Portfolio

Sweden Vasa Office Portfolio

LOCATION STOCKHOLM, GOTHENBURG AND MALM, SWEDEN

INVESTMENT DATE OCTOBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

40 Assets

Sweden Industrial Portfolio

LOCATION STOCKHOLM, KNIVSTA AND MALM, SWEDEN

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

158 159

Norway Office PortfolioLOCATION OSLO, NORWAY

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Ericsson BlåfjällLOCATION STOCKHOLM, SWEDEN

INVESTMENT DATE NOVEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

160 161

Profimex Portfolio

Broadcast DriveLOCATION KOWLOON TONG, HONG KONG

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Norway Retail PortfolioLOCATION STAVANGER, NORWAY

INVESTMENT DATE APRIL 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

160 161

Grange InfiniteLOCATION DISTRICT 9, SINGAPORE

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Nanjing International Finance Center LOCATION BAIXIA DISTRICT, NANJING, CHINA

INVESTMENT DATE NOVEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

162 163

Profimex Portfolio

Shanghai International Capital Plaza LOCATION SHANGHAI, CHINA

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Dalian Tianxin Roosevelt Center

LOCATION SHAHEKOU DISTRICT, DALIAN, LIAONING PROVINCE, CHINA

INVESTMENT DATE JANUARY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

162 163

Tianjin Cui Jin HuLOCATION WUQING DISTRICT, TIANJIN, CHINA

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Malacca AEON LOCATION FUKUOKA, JAPAN

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

164 165

Profimex Portfolio

Nanjing AccurateLOCATION JIANGSU, NANJING, CHINA

INVESTMENT DATE NOVEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Kuala Lumpur 1MK LOCATION KUALA LUMPUR, MALAYSIA

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

164 165

Electric Road (169)LOCATION NORTH POINT, HONG KONG

INVESTMENT DATE SEPTEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Twenty AnsonLOCATION SINGAPORE

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

166 167

Profimex Portfolio

Aeon Mall Fukuoka LucleLOCATION JIANGSU, NANJING, CHINA

INVESTMENT DATE NOVEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Midosuji IILOCATION OSAKA, JAPAN

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

166 167

Fudo BuildingLOCATION CHUO WARD, OSAKA, JAPAN

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Torius Hisayama

LOCATION HISAYAMAMACHI, KASUYAGUN, FUKUOKA, JAPAN

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

168 169

Profimex Portfolio

D4 PortfolioLOCATION CENTRAL TOKYO AND KOBE, JAPAN

INVESTMENT DATE AUGUST 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Project D3LOCATION TOKYO, JAPAN

INVESTMENT DATE APRIL 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

168 169

Nasu Garden Outlet MallLOCATION TOCHIGI PREFECTURE, JAPAN

INVESTMENT DATE JULY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

170 171

Profimex Portfolio

Vailog Logistics Joint Venture - SongjiangLOCATION SONGJIANG, SHANGHAI, CHINA

INVESTMENT DATE JANUARY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Emerald Hill (111)LOCATION EMERALD HILL, SINGAPORE

INVESTMENT DATE JANUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

170 171

Rightway Real EstateLOCATION DALIAN, CHINA

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Vailog Logistics Joint Venture - JiadingLOCATION JIADING, SHANGHAI, CHINA

INVESTMENT DATE MAY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

172 173

Profimex Portfolio

Tenjin 4-chome ProjectLOCATION FUKUAKO, JAPAN

INVESTMENT DATE JANUARY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Ilsan Sports Mall

LOCATION ILSAN, GOYANG CITY, GYEONGGI PROVINCE, KOREA

INVESTMENT DATE MARCH 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

172 173

zenith Logistics PortfolioLOCATION CHENGDU, CHINA

INVESTMENT DATE SEPTEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

LaSalle Japan REITLOCATION TOKYO, JAPAN

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

174 175

Profimex Portfolio

Astronavigation BuildingLOCATION RENMIN S. ROAD, CHENGDU, CHINA

INVESTMENT DATE OCTOBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Project IvyLOCATION GANGNAM-GU, SEOUL, KOREA

INVESTMENT DATE SEPTEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

174 175

Castlereagh Street (161)LOCATION SYDNEY, AUSTRALIA

INVESTMENT DATE APRIL 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Project IsolaLOCATION TAI HANG, HONG-KONG

INVESTMENT DATE FEBRUARY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

176 177

Profimex Portfolio

Rec GuarulhosLOCATION GUARULHOS, SÌO PAULO, BRAzIL

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Sofitel Sydney WentworthLOCATION SYDNEY, AUSTRALIA

INVESTMENT DATE JUNE 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

176 177

Elizabeth Street (179)LOCATION SYDNEY, AUSTRALIA

INVESTMENT DATE AUGUST 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Rec Brasília - Orimi

LOCATION BRASíLIA, FEDERAL DISTRICT, BRAzIL

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

178 179

Profimex Portfolio

Rec Spazio Ouro VerdeLOCATION CAMPINAS, SÌO PAULO, BRAzIL

INVESTMENT DATE JANUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Rec Dom PedroLOCATION CAMPINAS, SÌO PAULO, BRAzIL

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

178 179

Rec CuritibaLOCATION CURITIBA, PARANA, BRAzIL

INVESTMENT DATE JANUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Rec Lagoa Serena 1 & 2LOCATION CAMPINAS, SÌO PAULO, BRAzIL

INVESTMENT DATE JULY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

180 181

Profimex Portfolio

Via Verde ShoppingLOCATION RIO BRANCO, ACRE, BRAzIL

INVESTMENT DATE DECEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Patio MaceióLOCATION MACEIî, ALAGAOS, BRAzIL

INVESTMENT DATE OCTOBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

180 181

Rec JundiaíLOCATION JUNDIAí, SÌO PAULO, BRAzIL

INVESTMENT DATE SEPTEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Rec GuadalupeLOCATION RIO DE JANEIRO, BRAzIL

INVESTMENT DATE DECEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

182 183

Profimex Portfolio

Wuhan TiandiLOCATION WUHAN, CHINA

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Rec Mg 10LOCATION VESPASIANO, MINAS GERAIS, BRAzIL

INVESTMENT DATE AUGUST 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

182 183

RichmondLOCATION PARIS, FRANCE

INVESTMENT DATE MAY 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Office

Planigrupo Retail PortfolioLOCATION MEXICO

INVESTMENT DATE SEPTEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Retail development portfolio

184 185

Profimex Portfolio

Profimex German Retail ILOCATION SCHWABACH, GERMANY

INVESTMENT DATE MARCH 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION NRNBERG, GERMANY

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

184 185

Profimex German Retail ILOCATION BERLIN, GERMANY

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION KAMMERSTEIN, GERMANY

INVESTMENT DATE JANUARY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

186 187

Profimex Portfolio

Profimex German Retail ILOCATION PEGNITz, GERMANY

INVESTMENT DATE AUGUST 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION GRFENBERG, GERMANY

INVESTMENT DATE OCTOBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

186 187

Profimex German Retail ILOCATION WAISCHENFELD, GERMANY

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION PFREIMD, GERMANY

INVESTMENT DATE OCTOBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

188 189

Profimex Portfolio

Profimex German Retail ILOCATION HAAG, GERMANY

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION RAUBLING, GERMANY

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

188 189

Profimex German Retail ILOCATION GEISENHAUSEN, GERMANY

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION GOLDBACH, GERMANY

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

190 191

Profimex Portfolio

Profimex German Retail ILOCATION JOHANNGEORGENSTADT, GERMANY

INVESTMENT DATE MARCH 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION WOLFEN, GERMANY

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

190 191

Profimex German Retail ILOCATION AUGSBURG, GERMANY

INVESTMENT DATE JULY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION FRTH, GERMANY

INVESTMENT DATE AUGUST 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

192 193

Profimex Portfolio

Profimex German Retail ILOCATION BERNSDORF, GERMANY

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION BRETTEN NEU, GERMANY

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

192 193

Profimex German Retail ILOCATION BAYREUTH, GERMANY

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION BAD WILDUNGEN, GERMANY

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

194 195

Profimex Portfolio

Profimex German Retail ILOCATION LINGENFELD, GERMANY

INVESTMENT DATE JULY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION REICHENBACH, GERMANY

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

194 195

Profimex German Retail ILOCATION AUGSBURG, GERMANY

INVESTMENT DATE FEBRUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION VILSHOFEN, GERMANY

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

196 197

Profimex Portfolio

Profimex German Retail ILOCATION BAYREUTH, GERMANY

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION zORNEDING, GERMANY

INVESTMENT DATE MAY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

196 197

Profimex German Retail ILOCATION AUGSBURG, GERMANY

INVESTMENT DATE FEBRUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION ROSTOCK, GERMANY

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

198 199

Profimex Portfolio

Profimex German Retail ILOCATION LBECK, GERMANY

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION BURGHEIM, GERMANY

INVESTMENT DATE JULY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

198 199

Profimex German Retail ILOCATION MARBURG, GERMANY

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION WIESBADEN, GERMANY

INVESTMENT DATE JULY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

200 201

Profimex Portfolio

Profimex German Retail ILOCATION WIESBADEN, GERMANY

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION NIEDERAU, GERMANY

INVESTMENT DATE JULY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

200 201

Profimex German Retail ILOCATION RIEDSTADT, GERMANY

INVESTMENT DATE APRIL 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION REGENSBURG, GERMANY

INVESTMENT DATE NOVEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

202 203

Profimex Portfolio

Profimex German Retail ILOCATION SCHAAFHEIM, GERMANY

INVESTMENT DATE FEBRUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION FRSTENzELL, GERMANY

INVESTMENT DATE JANUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

202 203

Profimex German Retail ILOCATION GILSERBERG, GERMANY

INVESTMENT DATE JANUARY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION BUBENREUTH, GERMANY

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

204 205

Profimex Portfolio

Profimex German Retail ILOCATION OBERHAUSEN, GERMANY

INVESTMENT DATE NOVEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION WAIDHAUS, GERMANY

INVESTMENT DATE MAY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

204 205

Profimex German Retail ILOCATION GRVENWIESBACH, GERMANY

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION JTERBOG, GERMANY

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

206 207

Profimex Portfolio

Profimex German Retail ILOCATION HOCHHEIM, GERMANY

INVESTMENT DATE JANUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION MUNCHEN, GERMANY

INVESTMENT DATE DECEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

206 207

Profimex German Retail ILOCATION MAINz, GERMANY

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION ERBACH, GERMANY

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

208 209

Profimex Portfolio

Profimex German Retail ILOCATION HENGERSBERG, GERMANY

INVESTMENT DATE DECEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION NEUBIBERG, GERMANY

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

208 209

Profimex German Retail ILOCATION GLASHTTEN, GERMANY

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION LIMBURG, GERMANY

INVESTMENT DATE NOVEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

210 211

Profimex Portfolio

Profimex German Retail ILOCATION LICHTENFELS, GERMANY

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION ULMEN, GERMANY

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

210 211

Profimex German Retail ILOCATION WADGASSEN, GERMANY

INVESTMENT DATE APRIL 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION FRIEDRICHSDORF, GERMANY

INVESTMENT DATE APRIL 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

212 213

Profimex Portfolio

Profimex German Retail ILOCATION BERLIN, GERMANY

INVESTMENT DATE FEBRUARY 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION NIEDER-RAMSTADT, GERMANY

INVESTMENT DATE JULY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

212 213

Profimex German Retail ILOCATION LICHTENFELS, GERMANY

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION AUERBACH, GERMANY

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

214 215

Profimex Portfolio

Profimex German Retail ILOCATION BRGSTADT, GERMANY

INVESTMENT DATE OCTOBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION LAUTER, GERMANY

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

214 215

Profimex German Retail ILOCATION VILKLINGEN, GERMANY

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION ALSHEIM, GERMANY

INVESTMENT DATE JANUARY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

216 217

Profimex Portfolio

Profimex German Retail IILOCATION WITTENBERG, GERMANY

INVESTMENT DATE FEBRUARY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail ILOCATION BRANDOBERNDORF, GERMANY

INVESTMENT DATE FEBRUARY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

216 217

Profimex German Retail IILOCATION WERDAU, GERMANY

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION FALKENBERG, GERMANY

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

218 219

Profimex Portfolio

Profimex German Retail IILOCATION DBERN, GERMANY

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION DEUTSCH EVERN, GERMANY

INVESTMENT DATE MARCH 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

218 219

Profimex German Retail IILOCATION KNIGSWARTHA, GERMANY

INVESTMENT DATE SEPTEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION RDENTAL, GERMANY

INVESTMENT DATE AUGUST 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

220 221

Profimex Portfolio

Profimex German Retail IILOCATION RIEDSTADT, GERMANY

INVESTMENT DATE APRIL 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION HERzBERG, GERMANY

INVESTMENT DATE DECEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

220 221

Profimex German Retail IILOCATION HIRSCHAID, GERMANY

INVESTMENT DATE DECEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION SCHLEIz, GERMANY

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

222 223

Profimex Portfolio

Profimex German Retail IILOCATION CHEMNITz, GERMANY

INVESTMENT DATE JANUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION OEDERAN, GERMANY

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

222 223

Profimex German Retail IILOCATION SCHNHEIDE, GERMANY

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION HERzBERG, GERMANY

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

224 225

Profimex Portfolio

Profimex German Retail IILOCATION GOTHA, GERMANY

INVESTMENT DATE NOVEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION HERINGEN, GERMANY

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

224 225

Profimex German Retail IILOCATION RUNKEL DEHRN, GERMANY

INVESTMENT DATE SEPTEMEBR 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION OBERURSEL, GERMANY

INVESTMENT DATE JULY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

226 227

Profimex Portfolio

Profimex German Retail IILOCATION ROTENBURG A.D. FULDA, GERMANY

INVESTMENT DATE NOVEMBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Profimex German Retail IILOCATION ILLERTISSEN, GERMANY

INVESTMENT DATE OCTOBER 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

226 227

BehiraLOCATION SUNDERLAND, UK

INVESTMENT DATE OCTOBER 2011

TOTAL CAPITALIzATION £9,365,104

Prime business park 100% let to Barclays Bank PLC

228 229

Profimex Portfolio

McKinley Debt Fund I LOCATION UNITED STATES

INVESTMENT DATE MAY 2011

TOTAL CAPITALIzATION > $100 MILLION

Hundreds of loans on residential and commercial properties

228 229

230 231

Profimex Portfolio

Naprague IndustrialmeLOCATION KARLOVARSKA, CzECH REPUBLIC

INVESTMENT DATE MAY 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Mercap Retail PlatformLOCATION GUADALAJARA, MEXICO

INVESTMENT DATE MAY 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

230 231

AbraLOCATION NEWCASTLE, UK

INVESTMENT DATE JULY 2011

TOTAL CAPITALIzATION £7,051,000

Office building, 2,697 Sqm

Blue Grass Lakes ParkwayLOCATION ATLANTA , GEORGIA, USA

INVESTMENT DATE NOVEMBER 2011

TOTAL CAPITALIzATION $9,600,000

Office building 93,963 Sq.ft

232 233

Profimex Portfolio

Exotica GhaziabadLOCATION GHAzIABAD, INDIA

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Lafayette EstatesLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE DECEMBER 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

232 233

Dyckman AssemblageLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE JULY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Ekta GoregaonLOCATION MUMBAI, INDIA

INVESTMENT DATE AUGUST 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

234 235

Profimex Portfolio

AvendaroLOCATION AUSTIN, TEXAS, USA

INVESTMENT DATE OCTOBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

EUROVEALOCATION BRATISLAVA, SLOVAKIA

INVESTMENT DATE JULY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

234 235

The HeronLOCATION LONDON, UK

INVESTMENT DATE JULY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Mount Anvil Portfolio ILOCATION LONDON, UK

INVESTMENT DATE OCTOBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

236 237

Profimex Portfolio

Ediston Opportunity PartnershipLOCATION LONDON, UK

INVESTMENT DATE SEPTEMBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Seven office buildings and a retail warehouse

Mall of SofiaLOCATION SOFIA, BULGARIA

INVESTMENT DATE AUGUST 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

236 237

One Piccadilly GardensLOCATION MANCHESTER, UK

INVESTMENT DATE AUGUST 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

ChâtillonLOCATION PARIS, FRANCE

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

238 239

Profimex Portfolio

Island CityLOCATION FUKUOKA, JAPAN

INVESTMENT DATE MARCH 2009

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

FlexspaceLOCATION ACROSS UK

INVESTMENT DATE JULY 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

11 Assets

238 239

British Logistics PartnershipLOCATION KENT, UK

INVESTMENT DATE NOVEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

RealexLOCATION BRUSSELS, BELGIUM

INVESTMENT DATE JANUARY 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

240 241

Profimex Portfolio

AkanehamaLOCATION CHIBA, JAPAN

INVESTMENT DATE APRIL 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

NagareyamaLOCATION NAGAREYAMA, CHIBA, JAPAN

INVESTMENT DATE SEPTEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

240 241

Azusa PortfolioLOCATION TATSUMI, TOKYO, JAPAN

INVESTMENT DATE JUNE 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Kita-KashiwaLOCATION CHIBA, JAPAN

INVESTMENT DATE APRIL 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

242 243

Profimex Portfolio

Gran Park TenjinLOCATION FUKUOKA , JAPAN

INVESTMENT DATE JULY 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

242 243

Tatsumi IILOCATION TOKYO, JAPAN

INVESTMENT DATE DECEMBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Ariake MT Center BuildingLOCATION TOKYO, JAPAN

INVESTMENT DATE AUGUST 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

244 245

Profimex Portfolio

Crest Court SadoharaLOCATION TOKYO, JAPAN

INVESTMENT DATE AUGUST 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

SagamiharaLOCATION KANAGAWA, JAPAN

INVESTMENT DATE JULY 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

244 245

NovotelLOCATION MELBOURNE, AUSTRALIA

INVESTMENT DATE JUNE 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

ErskinevilleLOCATION SYDNEY, AUSTRALIA

INVESTMENT DATE MARCH 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

246 247

Profimex Portfolio

Discovery PointLOCATION SYDNEY, AUSTRALIA

INVESTMENT DATE OCTOBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

ClemtonLOCATION SYDNEY, AUSTRALIA

INVESTMENT DATE JUNE 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

246 247

Lake Park DriveLOCATION ATLANTA, GEORGIA, USA

INVESTMENT DATE MAY 2011

TOTAL CAPITALIzATION $8,500,000

Office building 104,694 Sq.ft

Next Park FrankfurtLOCATION FRANKFURT, GERMANY

INVESTMENT DATE JUNE 2011

TOTAL CAPITALIzATION €43,500,000

Logistic park of 3 buildings 31,500 Sqm

248 249

Profimex Portfolio

StevenageLOCATION STEVENAGE, UK

INVESTMENT DATE MAY 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Del ParqueLOCATION MEXICO CITY, MEXICO

INVESTMENT DATE JUNE 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

248 249

Macquarie ParkLOCATION SYDNEY, AUSTRALIA

INVESTMENT DATE AUGUST 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

250 251

Profimex Portfolio

Apodis Hotels & ResortsLOCATION ACROSS INDIA

INVESTMENT DATE MARCH 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Blue PortfolioLOCATION ACROSS UK

INVESTMENT DATE MAY 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

7 Buildings in Glasgow, Edinburgh, Leeds, Birmingham, Manchester, Bristol, and Harrogate

250 251

RuncornLOCATION LIVERPOOL, UK

INVESTMENT DATE APRIL 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Atlantic City LandLOCATION ATLANTIC CITY, NEW JERSEY, USA

INVESTMENT DATE JUNE 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

252 253

Profimex Portfolio

ApthorpLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE MAY 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Pine Street (20)LOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE JULY 2005

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

252 253

Palmer House HiltonLOCATION CHICAGO, ILLINOIS, USA

INVESTMENT DATE DECEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

254 255

Profimex Portfolio

LA Multifamily PortfolioLOCATION LOS ANGELES, CALIFORNIA, USA

INVESTMENT DATE JUNE 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

254 255

Franklin Avenue (1300)LOCATION GARDEN CITY, NEW YORK, USA

INVESTMENT DATE SEPTEMBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Cheylsemore House LOCATION COVENTRY, UK

INVESTMENT DATE APRIL 2011

TOTAL CAPITALIzATION £14,300,000

Office Building 68,339 sq.ft and 321 Parking Spaces

256 257

Profimex Portfolio

Lembi Trophy PortfolioLOCATION SAN FRANCISCO, CALIFORNIA, USA

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

413 multifamily units and 24 commercial units in14 buildings

Hillcroft At DanburyLOCATION DANBURY, CT, USA

INVESTMENT DATE NOVEMBER 2010

TOTAL CAPITALIzATION $ 9,470,400

Multifamily 192 units

256 257

Pirelli Cabling WorksLOCATION LONDON, UK

INVESTMENT DATE AUGUST 2004

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Hyatt New OrleansLOCATION NEW ORLEANS, LOUISIANA, USA

INVESTMENT DATE FEBRUARY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

258 259

Profimex Portfolio

Valegate Retail ParkLOCATION CARDIFF, UK

INVESTMENT DATE JUNE 2006

TOTAL CAPITALIzATION £3,710,000

Retail - Mezzanine Loan

The Shaers – Orchard DriveLOCATION LONDON, UK

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION £650,000

Residential – Mezzanine Loan

258 259

Snowden Commercial LOCATION NEWARK, UK

INVESTMENT DATE DECEMBER 2009

TOTAL CAPITALIzATION £4,330,000

Commercial – Bridge Loan

The Bridges of SeaforthLOCATION SEAFORTH, ONTARIO, CANADA

INVESTMENT DATE AUGUST 2003

TOTAL CAPITALIzATION C$54,000,000

248 Homes Development on a golf course and recreation areas

260 261

Profimex Portfolio

Apopka George A. Swanson Estate

LOCATION APOPKA, FLORIDA, USA

INVESTMENT DATE JUNE 2012

TOTAL CAPITALIzATION $1,750,000

61 acres of land (26,572 sq. ft)

Hawthorne CenterLOCATION CINCINNATI, OHIO, USA

INVESTMENT DATE MAY 2012

TOTAL CAPITALIzATION $17,960,000

Office Building - 134,958 sq. ft and 592 Parking Spaces

260 261

KL CittaLOCATION KUALA LAMPUR, MALAYSIA

INVESTMENT DATE JANUARY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Daffodil UKLOCATION LEICESTER, UK

INVESTMENT DATE MARCH 2012

TOTAL CAPITALIzATION £4,330,628

11 connected offices building total of 23,178 sq. ft and 26 courtyard car parking spaces

262 263

Profimex Portfolio

Phoenix MultifamilyLOCATION ACROSS ARIzONA, USA

INVESTMENT DATE DECEMBER 2012

TOTAL CAPITALIzATION $185,200,000

6 Properties of Multifamily - 1,744 Units in: Glendale, Peoria, Phoenix, Surprise, Tempe and Chandler

MTV BuildingLOCATION SANTA MONICA, CALIFORNIA, USA

INVESTMENT DATE NOVEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Class A Office Building

262 263

Riverview CommonsLOCATION ROCK HILL, SOUTH CAROLINA, USA

INVESTMENT DATE JULY 2012

TOTAL CAPITALIzATION $9,470,000

Shopping Center - 59,020 sq. ft and 325 Parking Spaces

Sussex at KingstowneLOCATION ALEXANDRIA, VIRGINIA, USA

INVESTMENT DATE JUNE 2012

TOTAL CAPITALIzATION $129,854,000

Class A Multifamily - 556 Units and 890 Parking Spaces

264 265

Profimex Portfolio

Harbor PortfolioLOCATION SEATTLE, WASHINGTON, USA

INVESTMENT DATE MARCH 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Freddie Mac B PieceLOCATION VARIOUS LOCATIONS, USA

INVESTMENT DATE APRIL 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

264 265

Waterfront Shopping CenterLOCATION HOMESTEAD, PENNSYLVANIA, USA

INVESTMENT DATE OCTOBER 2012

TOTAL CAPITALIzATION $127,300,000

Class A rated shopping center - part of a large development which includes offices, apartments and hotels. total of 764,691 sq.ft

666 Fifth AvenueLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE SEPTEMBER 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

266 267

Profimex Portfolio

Assotech BlithLOCATION GURGAON, INDIA

INVESTMENT DATE JULY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Godrej GurgaonLOCATION GURGAON, INDIA

INVESTMENT DATE DECEMBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

266 267

Florida Multifamily ProgramLOCATION VARIOUS, FLORIDA, USA

INVESTMENT DATE APRIL 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Channel CenterLOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE AUGUST 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

268 269

Profimex Portfolio

X-LeisureLOCATION ACROSS THE UK

INVESTMENT DATE MARCH 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

MinervaLOCATION LONDON, UK

INVESTMENT DATE MAY 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Public to private acquisition of a U.K. listed property company. Major assets include two prime Class A office buildings in the City of London and a high end residential development, as well as several other development opportunities

268 269

AyrLOCATION AYR, SCOTLAND

INVESTMENT DATE DECEMBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Goethe PlazaLOCATION FRANKFURT, GERMANY

INVESTMENT DATE MARCH 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

270 271

Profimex Portfolio

Legacy HeightsLOCATION FEDERAL HEIGHTS, COLORADO, USA

INVESTMENT DATE JULY 2012

TOTAL CAPITALIzATION $45,572,750

Multifamily - 384 units garden apartment plus clubhouse

270 271

Hilton Garden InnLOCATION MONTERREY, NUEVO LEON, MEXICO

INVESTMENT DATE FEBRUARY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Essex HouseLOCATION NEW YORK, NEW YORK, USA

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

272 273

Profimex Portfolio

Fremf-K-14LOCATION VARIOUS USA

INVESTMENT DATE AUGUST 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Mansions & Madison at Dell RanchLOCATION AUSTIN, TEXAS, USA

INVESTMENT DATE JANUARY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

272 273

San Francisco Office PortfolioLOCATION SAN FRANCISCO, CALIFORNIA, USA

INVESTMENT DATE MAY 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Sugar Land PortfolioLOCATION HOUSTON, TEXAS, USA

INVESTMENT DATE SEPTEMBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

274 275

Profimex Portfolio

DSW ColombusLOCATION COLOMBUS, OHIO, USA

INVESTMENT DATE DECEMBER 2012

TOTAL CAPITALIzATION $29,100,000

Office Building - 320,000 Sq. ft and 1,080 Parking Spaces

Riverview LandingLOCATION VALLEY FORGE, PHILADELPHIA, USA

INVESTMENT DATE NOVEMBER 2012

TOTAL CAPITALIzATION $53,554,180

Multifamily - Class A 310 Units

274 275

Columns at Brandon WestLOCATION BRANDON, FLORIDA, USA

INVESTMENT DATE AUGUST 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Sellsite & UnitedLOCATION ROSAMOND, CALIFORNIA, USA

INVESTMENT DATE OCTOBER 2006

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

276 277

Profimex Portfolio

Poznan City CentreLOCATION POzNAN, POLAND

INVESTMENT DATE JUNE 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Wadhwa ResidencyLOCATION GHATKUPAR, MUMBAI, INDIA

INVESTMENT DATE NOVEMBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

276 277

Echo GloucesterLOCATION GLOUCESTER, UK

INVESTMENT DATE DECEMBER 2012

TOTAL CAPITALIzATION £4,637,564

Office Building - 75,654 sq. ft and 298 parking Spaces

Arlington HighlandsLOCATION DALLAS, TEXAS, USA

INVESTMENT DATE DECEMBER 2012

TOTAL CAPITALIzATION $204,000,000

Class A Shopping Center - 737,331 sq. ft

278 279

Profimex Portfolio

Ipoh ParadesLOCATION PERAK, MALAYSIA

INVESTMENT DATE JANUARY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Klang ParadesLOCATION KLANG, MALAYSIA

INVESTMENT DATE JANUARY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

278 279

Yamuna RealtyLOCATION BOISAR, MUMBAI, INDIA

INVESTMENT DATE APRIL 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Amrapali Princely EstateLOCATION NODIA, INDIA

INVESTMENT DATE MARCH 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

280 281

Profimex Portfolio

Lion WalkLOCATION COLCHESTER, UK

INVESTMENT DATE NOVEMBER 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

280 281

Massy ExteriorLOCATION PARIS, FRANCE

INVESTMENT DATE NOVEMBER 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Monterey and Stone MountainLOCATION DENVER, COLORADO, USA

INVESTMENT DATE DECEMBER 2012

TOTAL CAPITALIzATION $91,478,000

Multifamily - Two garden style apartments total of 652 units and 1,116 Parking Spaces

282 283

Profimex Portfolio

Arnada PointeLOCATION VANCOUVER, WASHINGTON, USA

INVESTMENT DATE JULY 2013

TOTAL CAPITALIzATION $18,865,400

200-unit, Class B, garden-style multifamily property

Aberdeen CourthouseLOCATION ABERDEEN, MISSISSIPI

INVESTMENT DATE NOVEMBER 2013

TOTAL CAPITALIzATION $12,618,000

Two-story, 46,985 square feet

282 283

Cabot Crossing ApartmentsLOCATION LOWELL, MASSACHUSETTS, USA

INVESTMENT DATE JANUARY 2013

TOTAL CAPITALIzATION $22,900,100

252-unit apartment community

313 WashingtonLOCATION NEWTON, MASSACHUSETTS, USA

INVESTMENT DATE JANUARY 2013

TOTAL CAPITALIzATION $15,000,000

Class B Office building

284 285

Profimex Portfolio

Mendenhall Business CenterLOCATION MEMPHIS, TENNESSEE

INVESTMENT DATE FEBRUARY 2014

TOTAL CAPITALIzATION $18,950,000

Portfolio of five Class “B” industrial properties

Spring HillLOCATION SPRING HILL, FLORIDA, USA

INVESTMENT DATE AUGUST 2013

TOTAL CAPITALIzATION $4,000,000

Commercial Land

284 285

Castro Mountain ViewLOCATION MOUNTAIN VIEW, CALIFORNIA, USA

INVESTMENT DATE NOVEMBER 2013

TOTAL CAPITALIzATION $16,822,100

23,962 SF three-story office and retail building

286 287

Profimex Portfolio

Vienna 14LOCATION VIENNA, AUSTRIA

INVESTMENT DATE JANUARY 2014

TOTAL CAPITALIzATION €3,830,000

Residential building development

Doubletree PittsburghLOCATION PITTSBURGH, PENNSYLVANIA

INVESTMENT DATE APRIL 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

460-key hotel

286 287

National ArchivesLOCATION PITTSFIELD, MASSACHUSETTS, USA

INVESTMENT DATE MARCH 2014

TOTAL CAPITALIzATION $22,700,000

153,459 rentable square feet of warehouse and office space on a 13.73 acre site

The Bear Hill PortfolioLOCATION WALTHAM, MASSACHUSETTS, USA

INVESTMENT DATE JANUARY 2014

TOTAL CAPITALIzATION $43,600,000

Eight buildings, with office space, laboratories and research and development facilities totaling 220,000 square feet

288 289

Profimex Portfolio

Pilgrim-TritonLOCATION FOSTER CITY, CALIFORNIA, USA

INVESTMENT DATE MAY 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Mixed-use development consisting of 240 rental apartments, 396 parking spaces, and 8,000 SF of ground-floor retail space

Chicago MultifamilyLOCATION CHICAGO & GLENVIEW, ILLINOIS, USA

INVESTMENT DATE AUGUST 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

290 unit multifamily development project

288 289

The Columns at Killian HillsLOCATION ATLANTA, GEORGIA, USA

INVESTMENT DATE MAY 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

256-unit class B+ apartments

110 First StreetLOCATION JERSEY CITY, NEW JERSEY, USA

INVESTMENT DATE JANUARY 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

35-story mixed-use development project that will consist of 451 Class A rental units, 15,900 SF of retail space and a parking garage with 358 spaces

290 291

Profimex Portfolio

NachshonimLOCATION NACHSHONIM, ISRAEL

INVESTMENT DATE OCTOBER 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

AradLOCATION ARAD, ISRAEL

INVESTMENT DATE APRIL 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

290 291

Hudson Lights at Fort LeeLOCATION FORT LEE, NEW JERSEY, USA

INVESTMENT DATE SEPTEMBER 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Mixed-use development project consisiting of 276 luxury multifamily units and approximately 144,000 square feet of ground and second floor retail space

Fleet PlaceLOCATION LONDON, UK

INVESTMENT DATE SEPTEMBER 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

181,895 sq ft multi-tenanted, office building

292 293

Profimex Portfolio

AquavivaLOCATION AQUAVIVA, ITALY

INVESTMENT DATE MARCH 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

San MarzanoLOCATION SAN MARzANO, ITALY

INVESTMENT DATE DECEMBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

292 293

DganiaLOCATION DGANIA, ISRAEL

INVESTMENT DATE MAY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

NovLOCATION NOV, ISRAEL

INVESTMENT DATE MAY 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

294 295

Profimex Portfolio

SestuLOCATION SESTU, ITALY

INVESTMENT DATE JULY 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

Beit AlphaLOCATION BEIT ALPHA, ISRAEL

INVESTMENT DATE APRIL 2010

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

294 295

TeramoLOCATION TERAMO, ITALY

INVESTMENT DATE APRIL 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

BarlettaLOCATION BARLETTA, ITALY

INVESTMENT DATE APRIL 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

296 297

Profimex Portfolio

LecceLOCATION LECCE, ITALY

INVESTMENT DATE APRIL 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

Bialik LOCATION RAMAT-GAN, ISRAEL

INVESTMENT DATE OCTOBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

296 297

San FrancescoLOCATION SAN FRANCESCO, ITALY

INVESTMENT DATE OCTOBER 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

MonopoliLOCATION MONOPOLI, ITALY

INVESTMENT DATE APRIL 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Renewable Energy

298 299

Profimex Portfolio

Pinoui Binoui LOCATION HERzLYIA, ISRAEL

INVESTMENT DATE AUGUST 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Tvuot Haarets LOCATION TEL AVIV, ISRAEL

INVESTMENT DATE JULY 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

298 299

Kikar HaShaonLOCATION TEL AVIV, ISRAEL

INVESTMENT DATE APRIL 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Donulu Harofe LOCATION TEL AVIV, ISRAEL

INVESTMENT DATE JULY 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

300 301

Profimex Portfolio

Royal Star & GarterLOCATION LONDON, UK

INVESTMENT DATE DECEMBER 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Residential Development

Anaheim Multifamily DevelopmentLOCATION ANAHEIM, CALIFORNIA, USA

INVESTMENT DATE NOVEMBER 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

92- units completed; 244 units to develop

300 301

Derech Bar YehudaLOCATION HAIFA, ISRAEL

INVESTMENT DATE JUNE 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Bush Street MultifamilyLOCATION SAN FRANCISCO, CALIFORNIA, USA

INVESTMENT DATE AUGUST 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

81 unit apartment, 3,804 sf retail

302 303

Profimex Portfolio

US Fund VIII Industrial Portfolio ILOCATION USA

INVESTMENT DATE DECEMBER 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Portfolio of industrial distribution assets

HDSA PortfolioLOCATION USA

INVESTMENT DATE JUNE 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Portfolio of 7 multifamily properties totalling 1,732 units

302 303

Houston Convention CenterLOCATION HOUSTON, TEXAS, USA

INVESTMENT DATE APRIL 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Hotel Development

304 305

Profimex Portfolio

Shanghai Waterfront PlaceLOCATION SHANGHAI, CHINA

INVESTMENT DATE JUNE 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Commercial Office Building

SOCAM Orient HomeLOCATION CHENGDU, CHINA

INVESTMENT DATE JUNE 2011

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

304 305

Designer Outlet Centre WolfburgLOCATION WOLFBURG, GERMANY

INVESTMENT DATE OCTOBER 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Retail Outlet Center

Distressed Residential Roll-UpLOCATION GERMANY

INVESTMENT DATE DECEMBER 2013

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Portfolio of German multifamily residential assets

306 307

Profimex Portfolio

Amanora Future Towers Pvt LtdLOCATION PUNE, INDIA

INVESTMENT DATE MARCH 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Residential

Noida Towers Pvt Ltd LOCATION NCR, INDIA

INVESTMENT DATE MARCH 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

306 307

Student Housing Investment PortfolioLOCATION UK

INVESTMENT DATE NOVEMBER 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Portfolio of 366 assets

Spektrum TowerLOCATION WARSAW, POLAND

INVESTMENT DATE AUGUST 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Office building of 27,262 sq. metres total net lettable area

308 309

Profimex Portfolio

Sobha BengaluruLOCATION BENGALURU, INDIA

INVESTMENT DATE MARCH 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Residential Development

SE Builders and Realtors LtdLOCATION KOLKOTA, INDIA

INVESTMENT DATE FEBRUARY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Residential & Retail

308 309

Farm LaneLOCATION FULHAM, UK

INVESTMENT DATE JULY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Development of 40 town houses and 10 affordable units on a two acre site

Indiabulls Infraestate LtdLOCATION MUMBAI, INDIA

INVESTMENT DATE JANUARY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Residential & Commercial

310 311

Profimex Portfolio

The GrandLOCATION CHERRY HILL, NEW JERSEY

INVESTMENT DATE MARCH 2008

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Two apartment buildings consisting of 544 units

Makena ResortLOCATION HAWAII

INVESTMENT DATE DECEMBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Hotel and resort land development

310 311

Aloft Hotel PortfolioLOCATION DALLAS & SAN FRANCISCO, USA

INVESTMENT DATE OCTOBER 2007

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Four Aloft-branded (Starwood) hotels

Eagle HouseLOCATION LONDON, UK

INVESTMENT DATE JULY 2012

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Residential Development

312 313

Profimex Portfolio

Merritt StationLOCATION MERIDEN, CONNECTICUT, USA

INVESTMENT DATE AUGUST 2014

TOTAL CAPITALIzATION $24,700,000

272-unit Class B apartment community and 24 unit Class A development site

Mount Anvil Portfolio IILOCATION LONDON, UK

INVESTMENT DATE MARCH 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

London residential developer

312 313

Boston Seaport HotelsLOCATION BOSTON, MASSACHUSETTS, USA

INVESTMENT DATE MAY 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Hotel Development

Centennial TowersLOCATION AUSTIN, TEXAS, USA

INVESTMENT DATE AUGUST 2014

TOTAL CAPITALIzATION $22,500,000

Class “B” office property

314 315

Profimex Portfolio

Pegasus ParkLOCATION BRUSSELS, BELGIUM

INVESTMENT DATE JULY 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Institutional quality business park

4247 Eastern AvenueLOCATION GRAND RAPIDS, MICHIGAN, USA

INVESTMENT DATE JULY 2014

TOTAL CAPITALIzATION $20,025,000

Class-A industrial building

314 315

Portland TrustLOCATION CzECH REPUBLIC & ROMANIA

INVESTMENT DATE JULY 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Joint venture partnership to acquire assets in the Czech Republic and Romania

London SquareLOCATION LONDON, UK

INVESTMENT DATE JULY 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Mid-market London-based residential developer

316 PB

Profimex Portfolio

Block 52 Multifamily DevelopmentLOCATION HOUSTON, TEXAS, USA

INVESTMENT DATE JUNE 2014

TOTAL CAPITALIzATION Classified information, available for PROFIMEX investors only

Multifamily Development

The Meadows Apartment HomesLOCATION CHELMSFORD, MASSACHUSETTS, USA

INVESTMENT DATE MARCH 2014

TOTAL CAPITALIzATION $22,700,000

180-unit apartment community

INDEX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

110 First Street 289125th Street Retail 79313 Washington 28331st Street Hotel 773C Spain (Alcoi) 893C Spain (Gandia) 904247 Eastern Avenue 314610 West 110th Street 68666 Fifth Avenue 265Abbeyshield 40Aberdeen Courthouse 282Abra 231Accordia 113Adler Retail 67Aeon Mall Fukuoka Lucle 166Ahmedabad 60Air Commerce Business Park 39Akanehama 240Albareda 122Alcala 95Alexander Drive 31Aloft Hotel Portfolio 311Amanora Future Towers Pvt Ltd 306Amrapali Princely Estate 279AnaheimMultifamily Development 300Ansal Sez 146Ansal Township 147Apodis Hotels & Resorts 250ApopkaGeorge A. Swanton Estate 260Apthorp 252Aquaviva 292Arad 290Arcades Shopping Centre 115Argosy at Crestview 142Aria Hotels 148Ariake MT Center Building 243Aries Portfolio 70Arlington (100) 85Arlington Highlands 277Arnada Pointe 282

Aspria Development 100Assotech Blith 266Aston House - Loan I 42Aston House - Loan II 42Astronavigation Building 174Atlantic City Land 251Avendaro 234Avenida De La Palmera 121Ayr 269Azusa Portfolio 241Baden-Baden 114Bar/x Ranch 71Barletta 295Barracks Chase 41Baryah Family Portfolio 37BBVA 119Beach Place 56Behira 227Beit Alpha 294Belara Apartments 70Bialik 296Billeria Avenue’s (95) 54Bishops Heath 28Block 52Multifamily Development 316Blue Grass Lakes Parkway 231Blue Portfolio 250Boston Seaport Hotels 313Braceforce Grices Granary 44Brack Russian Joint Venture 95Branston Distribution Depot 110British Logistics Partnership 239Brno 96Broad Lane Developments 46Broadcast Drive 160Brook Hollow 8Brooklyn Heights Residential 45Bucharest Industrial 108Bucharest Office Park 118Buda DP (Portfolio) 48Burleigh 43Bush Street Multifamily 301

Bushby Gateway 26Business Park (212th) 128Cabot Crossing Apartments 283Cameron Toll Shopping Center 117Canyon Chase 143Capital & Regional 104Capitol Plaza 78Capitol Plaza I 124Carfare (Belper Mills) 16Carleton Place Manor 52Carr America 130Carrefour MerterShopping Centre 100Castlereagh Street (161) 175Castro Mountain View 285CBS Site 71Centennial Towers 313Chafford Hundred 27Chafford Hundred 30Challenger South 17Channel Center 267Charter House 24Châtillon 237Cheylsemore House 255Chicago Multifamily 288Chongqing Tiandi 134Chongqing TiandiCommercial Cluster (CQT) 135Church Farm 15Clapham 105Clarington Centre 52Clemton 246Coast Guard Building 126Coco Walk 56Columns at Brandon West 275Cookstown Outlet Mall 29Cornwall Industrial Estate 39Crest Court Sadohara 244CTN Geneva 116D4 Portfolio 168Daffodil UK 261Dalian Tianxin Roosevelt Center 162

Profimex Portfolio

Dallas Coppell 55Dallas Residential 67Danesfield (Brackendale) 20Dawnay Day 104De Haro (444) 124Del Parque 248Derech Bar Yehuda 301Designer Outlet CentreWolfburg 305Dewa Project 148Dgania 293Discovery Point 246Distressed Residential Roll-Up 305Donulu Harofe 299Doubletree Pittsburgh 286Douglas Ranch 76DSW Colombus 274Duque de la Victoria 121Dyckman Assemblage 233Eagle 97Eagle Hospitality 80-84Eagle House 311Earls Hill Court 59Eastway 20Echo Goucester 277Edencity Projects 149Edgewater Tower 132Ediston OpportunityPartnership 236Ekta Goregaon 233El Tapatio 136Electric Road (169) 165Elizabeth Street (179) 177Emerald Hill (111) 170Emerald Lands 149English Residential LandPartnership 144Ericsson Blåfjäll 159Ericsson Italian Headquarters 115Erskineville 245Esher 27Esmeralda 137Essex House 271Eurovea 234

Everest Portfolio 72-74Exotica Ghaziabad 232Fairfield Towers 72Fairmont St Andrews 91Fairway Renaissance 9Farm Lane 309Fenchurch Street 107Finland Retail Portfolio II 157Finsa - Philip Industrial Platform 135Fleet Place 291Flexspace 238Floreasca Business Centre 92Florida Multifamily Program 267Forum Steglitz 145Foundry Colonial 8Four Winds 25Franklin Avenue (1300) 255Freddie Mac B Piece 264Fremf-K-14 272Fremlin Walk 146Fudo Building 167Gaithersburg Hilton 129Gallops 59GK Industrial Park 150Global Entropolis 63Godrej Gugaon 266Goethe Plaza 269Golden Square Mall 139Gower Road 19Gran Park Tenjin 242Gran Via 120Grand J 24Grand Reserve at Park Isle 127Grange Infinite 161Greater Montreal Grocery 14Greenleaf Tower Office Condo 17Grove Road - Loan I 12Grove Road - Loan II 12Grove Road - Loan III 13GSRTC Bus Stand 141Harbor Portfolio 264Haslemere 117Hawthorne Center 260HBS SEZ Pvt Ltd 154

HDSA Portfolio 302Heath Works 55Hillcroft At Danbury 256Hilton Garden Inn 271Hilton Guadalajara 138Hilton Juárez 139Historic Istanbul 102Hoover 90Hornsey High Street 45Hotel Miramar 108Hounslow Shopping Centre 110Houston Convention Center 303Hudson Lights at Fort Lee 291Hyatt New Orleans 257Hyatt Waikiki 68IDEB 60IKEA Aldi 31Ilsan Sports Mall 172Indiabulls Infraestate Ltd 309Industrial Estate Gitesa 123Ipoh Parades 278Irwell Quays, Mirabel Street 11Island City 238Janapriya Nile Valley 64JB Sez 151Juriquilla 138Kahala Hotel 66Kaufhof 92Keppie Design 99Keystone 66Kikar Hashaon 299Kings Court, Stamford Yard 11Kita-Kashiwa 241KL Citta 261Klang Parades 278Knickerbocker Village 80Kohinoor 150Kuala Lumpur 1MK 164LA Multifamily Portfolio 254Lafayette Estates 232Lafayette Street (148) 86Lake Park 247Las Palapas 136LaSalle Japan REIT 173

Lecce 296Legacy Heights 270Legnano 93Lembi Trophy Portfolio 256Leroy Hotel 79Letchworth Garden City 16Lido 86Light Industrial Property 147Lindavista 140Lion Walk 280London Square 315Long Lane 13Lorraine Works, Birds Hill 43Macquarie Park 249Maisonville Court 50Makena Resort 310Malacca AEON 163Mall of Sofia 236Mansions & Madison atDell Ranch 272Market Active 10Marktkauf 94Marmara Forum 101Massy Exterior 281McCowan 54McKinley Debt Fund 228-229Mendenhall Business Center 284Mentrida Industrial 96Mercap Retail Platform 230Merritt Station 312Metro Point 32Metro Portfolio 106Midosuji II 166Minerva 268MMI Industries Portfolio I 109MMI Industries Portfolio II 87Moara Vlasei 98Mohali Mall 63Monopoli 297Montego Bay 127Monterey and Stone Mountain 281Monument III 84Mount Anvil Portfolio I 235Mount Anvil Portfolio II 312

H MTV Building 262Nachshonim 290Nagareyama 240Nanjing Accurate 164Nanjing InternationalFinance Center 161Naprague Industrialme 230Nasu Garden Outlet Mall 169National Archives 287Newspaper House 40Newton Office Building 133Next Park Frankfurt 247NH Krystal Cancun 141NH Krystal Ixtapa 140Noida Towers Pvt Ltd 306North Shore Montreal 51Northwoods Business Center 33Norway Office Portfolio 159Norway Retail Portfolio 160Nov 293Novotel 245One Cabot Road 131One Piccadilly Gardens 237Orbit Hicity 151Orlando Convention Center 77Osprey Links 145Pagasus Park 314Pallanishaamy Properties 152Palmer House Hilton 253Park Side 1 57Park Side 2 57Parkridge Place 142Parkwoods 61Parsvnath Exotica 61Parsvnath Ghaziabad 65Patio Maceió 180Phillips Portfolio 18Phoenix Multifamily 262Pilgrim-Triton 288Pine Street (20) 252Pinoui Binoui 298Pirelli Cabling Works 257Planigrupo Retail Portfolio 183Plaza Dean Mazas 123

Plaza del Ayuntamiento 120Pleasant Grove Business Center 28Plum Grove Corporate Plaza 18Point Indu 62Portland Residential 69Portland Trust 315Poznan City Centre 276Profimex German Retail I 184-216Profimex German Retail II 216-226Project D3 168Project Isola 175Project Ivy 174Prolisky Park 102Puebla 137Pyramida Shopping Centre 89Quarry Townhomes 134Quechee Lakes 58Radisson Dallas Love Field 34Radisson ResearchTriangle Park 101Rambla Mendez Nunez 122Ramky Integrated Township 153Rare Township 152Realex 239Rec Brasília - Orimi 177Rec Curitiba 179Rec Dom Pedro 178Rec Guadalupe 181Rec Guarulhos 176Rec Jundiaí 181Rec Lagoa Serena 1 & 2 179Rec Mg 10 182Rec Spazio Ouro Verde 178Redevco 105Redos Development Portfolio I 91Redos Development Portfolio II 103Redos Retail 88Redwood Terrace 15REIT Germany Joint Venture 109Resource InvestmentsApartment Portfolio 126Richmond 183Rightway Real Estate 171Rivepark Drive (300) 47

Profimex Portfolio

Riverhead Renaissance 69Riverpark Drive (400) 46Rivers Edge 10Riverside Drive (730) 75Riverside Drive (790) 75Riverview Commons 263Riverview Landing 274Round Hill Road (269) 49Royal Phoenix Business Center 50Royal Star & Garter 300Ruchi Lifescapes 62Runcorn 251Runwal Projects 153Sagamihara 244San Francesco 297San Francisco Office Portfolio 273San Marzano 292SE Builders and Realtors Ltd 308Sellsite & United 275Sestu 294Shanghai InternationalCapital Plaza 162Shanghai Rui Hong Xin Cheng 132Shanghai Taipingqiao 133Shanghai Waterfront Place 304Sheraton Crown Plaza 21Sheraton Richmond Hotel 130Shreya Dwellers 154Shristi Hotels 65Silvercreek Estates 23Snowden Commercial 259Sobha Bengaluru 308SOCAM Orient Home 245SOCAM Orient Home 304Sofitel Sydney Wentworth 176South Loop Marketplace 129Southern Cross 99Spektrum Tower 307Spring Hill 284Square Com 144SRM Sites 156St Katharine Docks 111St. Martins 14Star City 94

Sterling Holiday Resorts 155Stevenage 248Student Housing InvestmentPortfolio 307Sugar Land Portfolio 273Sussex at Kingstowne 263Suyog Realtors 155Suzuki and Fish 48Sweden Industrial Portfolio 158Sweden Vasa Office Portfolio 158Swiss Portfolio 88Tampa Commerce Center 35Tatsumi II 243Telford Shopping Centre 97Tenjin 4-chome Project 172Teramo 295The Bear Hill Portfolio 287The Bridges of Seaforth 259The Chelsea 128The Classic 85The Clock House 23The Columns at Kilian Hills 289The Durand Senior Residence 22The Dylan 111The Forge Shopping Center 118The Gateway 58The Grand 310The Hamptons 44The Heron 235The Meadows ApartmentHomes 316The Newbury Street Program II 36The President Country Club 78The Shaers - Ochard Drive 258Tianjin Cui Jin Hu 163Torius Hisayama 167Torokbalint 26Tower Burbank 131Trafford House 37Tri-County Parkway (111) 21Trillium Land 76Trimble Park(formerly acer campus) 87Turners Mews (The Fosters) 41

Tvuot Haarets 298Twenty Anson 165Two G Properties 32Unicycle Retail Portfolio 116Union Road Clapham 30Universal Portfolio 114University Village Housing 19US Fund VIII Industrial Portfolio I 302Vailog Logistics Joint Venture - Jiading 171Vailog Logistics Joint Venture - Songjiang 170Valegate Retail Park 258Vani Triades 47Venissieux 93Via Verde Shopping 180Vienna 14 286Villa Orleans & St. Joseph 51Village Landing 53Villagewood and Northwood Apartments 34Vizag 64Wadhwa Residency 276Wakefield 106Warsaw Trade Tower 113Waterfront Shopping Center 265West Bowmanville Business Park 22West Jackson (200) 125West Monroe (311) 125Whisper Valley Ranch 38White Tower 103Willow Lake 143Wintonbury 9Wondervalue Realty 156Wuhan Tiandi 182Wurttemburg 112X-Leisure 268Yamuna Realty 279Zaporizhia Shopping Centre 98Zenith Logistics Portfolio 173Zeran II 107Zlicin Business Park 112

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