GRESB Participants

Real Estate Debt Infrastructure

2018 Real Estate Participants

Participant	Legal status	Globally diversified	North America	South America	Europe	Asia	Oceania	Africa	Year of participation 2011 - 2018	Participated in Developer Assessment
a.s.r. real estate	Private								7
A&E Real Estate Holdings, LLC	Private								2
Aberdeen Asset Management	Private								7
Aberdeen Standard Investments	Private								2
Activia Properties Inc.	Listed								6
Advance Residence Investment Corporation	Listed								5
AEON MALL Co., Ltd.	Listed								7
AEON REIT Investment Corporation	Listed								3
AEW Capital Management	Private								5
AEW Europe	Private								5
AEW UK Long Lease REIT plc	Listed								1
AEW UK REIT plc	Listed								3
AIMS AMP Capital Industrial REIT	Listed								6
Alberta Investment Management Corporation	Private								4
Alexandria Real Estate Equities, Inc.	Listed								6
Alpha Investment Partners Ltd	Private								5
AltaFund	Private								6
Altarea Cogedim	Listed								8
Altera Vastgoed NV	Private								8
American Realty Advisors	Private								5
AMF Fastigheter AB	Private								2
AMP Capital Investors	Private								8
AMP Capital Investors Ltd	Private								7
Amundi Asset Management	Private								4
Amvest	Private								7
Antilooppi	Private								1
ARA Managers (APF) Pte.Ltd	Private								2
Arax Properties	Private								2
Arcadia Managed Investments Pty Limited	Private								1
Arch Capital Management Co. Ltd.	Private								7
Ardstone Capital Ltd	Private								5
Areim AB	Private								4
Ares Management UK Ltd	Private								2
Artis Real Estate Investment Trust	Listed								1
ASB Real Estate Investments	Private								2
Ascendas Asia Real Estate Fund Management Pte Ltd	Private								2
Ascendas Real Estate Investment Trust	Listed								1
ATP Ejendomme A/S	Private								7
Atrium European Real Estate	Listed								3
AvalonBay Communities, Inc.	Listed								8
Avanath Capital Management	Private								1
Avison Young - Investments	Private								4
Avison Young Investments	Private								3
Aviva Investors	Private								8
AXA Investment Management	Private								8
Ayala Land Inc.	Listed								6
Azora Gestión, SGIIC, S.A.	Private								1
Bank J. Safra Sarasin	Private								5
Barings	Private								6
Barings Real Estate Advisers	Private								2
BaseCamp Student Operations ApS	Private								2
Beacon Capital Partners, LLC	Private								1
Befimmo SA	Listed								8
Beni Stabili SpA Siiq	Listed								5
Bentall Kennedy Group	Private								8
Berkshire Group LLC	Private								1
Big Yellow Plc	Listed								8
BlackRock	Private								1
BlackRock	Private								8
BMO Real Estate Partners	Private								4
BNP Paribas REIM France	Private								3
BNP Paribas REIM Luxembourg	Private								2
Boston Properties	Listed								7
Bouwinvest REIM	Private								7
Brandywine Realty Trust	Listed								7
British Land Company Plc	Listed								8
British Land Company Plc	Private								8
Brixmor Property Group	Listed								2
Brockton Capital	Private								2
Brockton Capital LLP	Private								7
Brookfield Office Properties Australia Pty Ltd	Private								5
Brookfield Property Partners (North American Core Office)	Listed								7
BTP	Private								1
Camden Property Trust	Listed								7
Canada Life	Private								1
Canary Wharf Group plc	Private								2
Capital & Counties Properties PLC	Listed								5
Capital & Regional	Listed								8
CapitaLand Commercial Trust	Listed								6
CapitaLand Fund Management Pte Ltd	Private								7
CapitaLand Limited	Listed								8
CapitaLand Mall Trust	Listed								8
Castellum AB	Listed								8
CBRE Global Investors	Private								8
Cbus Property	Private								4
Cegereal	Listed								5
CenterPoint Board of Directors	Private								2
CEREIT (Cromwell European REIT)	Listed								1
Champion REIT	Listed								1
Charter Hall	Private								7
Charter Hall Retail REIT (CQR)	Listed								2
China Overseas Land & Investment Ltd.	Listed								6
China Resources Land	Listed								5
Chongbang Holdings (International) Ltd.	Private								4
CIM Group	Private								5
CIM Urban REIT Properties, III	Private								7
CITIC Capital Holdings Ltd.	Private								6
citizenM Asset Management	Private								8
City Developments Limited	Listed								6
Clarion Partners	Private								8
Clearbell Capital LLP	Private								2
CLS Holdings	Listed								7
COFINIMMO	Listed								8
Colliers Canada	Private								1
Colony Capital Inc.	Private								2
Comforia Residential Reit, Inc.	Listed								1
Commercial Estates Group	Private								6
CommonWealth Partners	Private								5
Cordatus Partners	Private								2
Corporacion Inmobiliaria Vesta S.A.B. de C.V.	Listed								5
Corporate Office Properties Trust	Listed								4
CorVal	Private								6
Cousins Properties Incorporated	Listed								4
Covivio (ex-Foncière des Régions)	Listed								7
Credit Suisse	Private								2
Credit Suisse Real Estate Fund Green Property	Listed								6
Cromwell Property Group	Private								6
Cromwell Property Group	Listed								6
Crown Property Management Inc.	Private								1
Curlew Capital	Private								4
Dai-ichi Life Holdings, Inc.	Private								2
Daiwa House REIT Investment Corporation	Listed								2
Daiwa Office Investment Corporation	Listed								8
DBJ Asset Management Co., Ltd.	Private								4
DDR Corp	Listed								2
DELA Vastgoed	Private								3
Delancey	Private								4
Derwent London Plc	Listed								8
Desjardins Global Asset Management	Private								1
Deutsche Asset Management	Private								7
Deutsche Wohnen SE	Listed								6
Dexus	Listed								8
Dexus Office Trust	Listed								4
Dexus Property Group	Private								7
Diamond Realty Management Inc.	Private								2
DiamondRock Hospitality Company	Listed								5
Digital Realty	Listed								2
Dios Fastigheter	Listed								1
DivcoWest	Private								7
DNB Real Estate Investment Management	Private								6
DTZ Investors Ltd	Private								4
Duke Realty Corp	Listed								1
Dutch Student and Young Professional Housing Management B.V.	Private								2
DV Management B.V.	Private								3
DWS	Private								8
ECE Real Estate Partners	Private								2
Entra ASA	Listed								1
EQT Services (UK) Ltd	Private								1
Equinix Inc.	Listed								3
Equity Residential	Listed								5
ES-CON JAPAN Ltd.	Listed								1
ESR Cayman limited	Private								1
ESR Singapore Pte. Ltd.	Private								6
Essex Property Trust	Listed								3
Eurocommercial Properties	Listed								6
Europa Capital LLP	Private								6
Europa Capital Partners LLP	Private								1
Evia Real Estate Management Pte Ltd	Private								1
Exeter Property Group	Private								7
Extra Space Storage Inc.	Listed								1
F&C Commercial Property Trust	Listed								1
F&C UK Real Estate Investments	Listed								1
Fabege	Listed								5
Federal Capital Partners	Private								6
Federal Realty Investment Trust	Listed								5
FIBRA Macquarie México	Listed								1
FIBRA Prologis	Listed								2
Fidelity International	Private								3
Fiera Properties Ltd	Private								2
First Capital Realty Inc	Listed								1
First Industrial Realty Trust, Inc.	Listed								7
First Washington Realty, Inc.	Private								2
FORE Partnership	Private								3
Forest City Realty Trust, Inc.	Listed								4
Franklin Street Properties	Listed								5
Frasers Logistics & Industrial Trust	Listed								2
Frasers Property Australia	Private								7
Frasers Property Australia Pty Limited	Private								1
Frasers Property Limited	Listed								1
Frontier Real Estate Investment Corporation	Listed								4
Fukuoka REIT Corporation	Listed								1
Gaw Capital Partners	Private								3
GCP Student Living PLC	Listed								1
GECINA	Listed								7
Generali Real Estate	Private								6
Genesta Property Nordic	Private								3
Gerding Edlen	Private								2
Gerding Edlen Investment Management	Private								3
GGP Inc.	Listed								6
GI Partners	Private								7
GID Investment Advisers LLC	Private								2
Global Logistic Properties Limited	Private								6
GLP J-REIT	Listed								6
Godrej Properties	Listed								6
Godrej Properties Ltd.	Private								4
Goodman Group	Private								8
Goodman Group (GMG)	Listed								6
Government Properties Income Trust	Listed								6
Grainger plc	Listed								7
Great Portland Estates plc	Listed								7
Green REIT Plc	Listed								2
Greystar Real Estate Partners	Private								5
Greystone Managed Investments Inc.	Private								3
GRIP REIT Plc	Listed								6
Grivalia Properties REIC	Listed								3
Grosvenor Fund Management	Private								6
Growthpoint Properties	Listed								5
Growthpoint Properties Australia	Listed								4
GTIS Partners	Private								8
GWL Realty Advisors Inc.	Private								4
Hammerson plc	Listed								8
Hang Lung Properties Limited	Listed								3
Harrison Street Real Estate Management, LLC	Private								6
Hartelt Fund Management	Private								2
HCP, Inc.	Listed								7
HDFC Limited	Private								4
Healthcare of Ontario Pension Plan	Private								6
Heitman	Private								8
HEIWA REAL ESTATE REIT, Inc.	Listed								5
Hemisferio Sul Investimentos	Private								7
Hemsö Fastighets AB	Private								6
Hermes Real Estate	Private								8
Hersha Hospitality Trust	Listed								7
Hibernia REIT plc	Listed								1
Hines	Private								2
Hispania Activos Inmobiliarios SOCIMI, S.A.	Listed								2
Host Hotels & Resorts, Inc.	Listed								6
Hudson Pacific Properties, INC.	Listed								1
Hufvudstaden AB	Listed								1
Hulic Co., Ltd.	Listed								5
HULIC REIT, Inc.	Listed								3
Hunter REIM	Private								2
Hyprop Investments Limited	Listed								5
Ica Fastigheter and Första AP-fonden	Private								2
Icade	Listed								4
Ichigo Office REIT Investment Corporation	Listed								4
IDERA Capital Management Ltd	Private								2
IEF Capital Management B.V.	Private								5
IGIS Asset Management	Private								2
Industrial & Infrastructure Fund Investment Corporation	Listed								7
Inland Institutional Capital, LLC	Private								2
INMOBILIARIA COLONIAL, S.A.	Listed								3
Intu Properties plc	Listed								7
InvenTRUST Properties	Private								6
Invesco Real Estate	Private								7
Invesco Real Estate Management S.à r.l.	Private								1
Investa	Private								8
Investa Office Fund (IOF)	Listed								8
IPUT plc	Private								3
IRC Retail Centers	Private								8
Irish Life Investment Managers	Private								1
ISPT Pty Ltd	Private								2
Ivanhoe Cambridge	Private								4
J.P. Morgan Asset Management	Private								8
Jamestown Properties	Private								6
Japan Excellent, Inc.	Listed								8
Japan Hotel REIT Investment Corporation	Listed								1
Japan Logistics Fund, Inc.	Listed								6
Japan Prime Realty Investment Corporation	Listed								8
Japan Real Estate Investment Corporation	Listed								3
Japan Rental Housing Investments Inc.	Listed								1
Japan Retail Fund Investment Corporation	Listed								8
JBG SMITH	Listed								1
Jonathan Rose Companies	Private								5
Kames Capital Plc	Private								4
Kendall Square Logistics Properties, Inc.	Private								3
Kenedix Office Investment Corporation	Listed								7
Kenedix Residential Next Investment Corporation	Listed								3
Kenedix Retail REIT Corporation	Listed								3
Keppel Land Limited	Private								8
Keppel REIT	Listed								1
Kilroy Realty Corporation	Listed								8
Kilroy Realty Corporation	Private								8
Kilroy Realty Corporation and Norges	Private								2
Kimco Realty Corporation	Listed								8
KingSett Capital	Private								5
Klépierre	Listed								8
Knight Frank LLP	Private								2
Kungsleden AB	Listed								3
L&B Realty Advisors, LLP	Private								2
La Francaise	Private								4
Land Securities Group PLC	Listed								8
Landcom	Government entity								2
LAR ESPAÑA REAL ESTATE SOCIMI, S.A	Listed								1
LaSalle Investment Management	Private								6
LaSalle Investment Management Kapitalverwaltungsgesellschaft mbH	Private								2
LaSalle LOGIPORT REIT	Listed								3
LEG Immobilien AG	Listed								1
Legal and General Property	Private								8
Lemon Tree Hotels	Listed								4
Lendlease	Private								8
LGIM Real Assets	Private								3
LimeTree Capital	Private								2
LimeTree Capital Car Park Investment Management Limited	Private								4
Link Real Estate Investment Trust	Listed								7
Lionstone Investments	Private								2
Local Government Super	Private								8
Local Tapiola Real Estate Asset Management Ltd.	Private								1
LOGOS China	Private								3
Logos Investment Management Pty Ltd	Private								3
LondonMetric Property Plc	Listed								8
Long WALE REIT (CLW)	Listed								1
Lothbury Investment Management Limited	Private								7
M&G Real Estate	Private								8
MacFarlane Partners	Private								8
Mahindra Lifespace Developers Limited	Listed								5
Majid Al Futtaim Properties	Private								7
Manulife Real Estate & John Hancock Real Estate	Private								6
Manulife US REIT	Listed								2
Mayfair Capital Investment Management	Private								5
McKay Securities PLC	Listed								5
MCUBS MidCity Investment Corporation	Listed								3
Menkes Property Management Services Ltd	Private								2
MEPC Limited	Private								1
MERCIALYS	Listed								3
Merlin Properties SOCIMI S.A.	Listed								1
MetLife Investment Management	Private								5
Miller Capital Advisory, Inc.	Private								2
Mirvac	Listed								8
Mitsubishi UFJ Trust and Banking Corporation	Private								1
MN	Private								1
Mobimo Holding AG	Listed								5
Moorfield Investment Management Limited	Private								3
Morgan Stanley Real Estate Advisor Inc.	Private								8
Mori Hills REIT Investment Corporation	Listed								7
MORI TRUST Sogo Reit, Inc.	Listed								2
MSREF Real Estate Advisor, Inc.	Private								1
Nan Fung Development Ltd	Private								1
National Real Estate Advisors LLC	Private								5
NBIM	Private								4
NBREM	Private								6
NEPI Rockcastle	Listed								6
New World Development Company Limited	Listed								2
New York Life Investors	Private								2
NEWRIVER REIT PLC	Listed								3
Niam AB	Private								4
Nippon Accommodations Fund	Listed								2
Nippon Building Fund Inc.	Listed								4
Nippon Prologis REIT, Inc.	Listed								7
NIPPON REIT Investment Corporation	Listed								2
Nomura Real Estate Asset Management Co., Ltd.	Private								3
Nomura Real Estate Master Fund, Inc.	Listed								3
Normandy Real Estate Partners	Private								3
Northern Horizon Capital AIFM Oy	Private								3
Novi Real Estate	Private								7
NREP AB	Private								8
NSI N.V.	Listed								1
Octopus AIF Management Limited	Private								5
One REIT, Inc.	Listed								1
OREIMA	Private								5
Orion Partners	Private								2
ORIX JREIT Inc.	Listed								6
Oxford Properties Group	Private								8
Pacific Urban Residential	Private								2
PAG	Private								4
Paladin Realty Partners, LLC	Private								1
Pamfleet International Limited	Private								3
Pandox AB	Listed								2
Paramount Group, Inc.	Listed								8
Parkway, Inc.	Listed								6
Parmenter Realty Partners	Private								5
Patria Investimentos	Private								2
Perella Weinberg Real Estate UK LLP	Private								5
PGIM Real Estate	Private								7
Phoenix Property Investors	Private								5
Picton Property Income Limited	Listed								2
Pradera	Private								1
Precinct Properties New Zealand	Listed								2
Premier Investment Corporation	Listed								4
Principal Real Estate Investors	Private								8
Principal Real Estate Spezialfondsgesellschaft mbh	Private								1
Pro-invest International Asset Management Limited	Private								2
Prologis	Listed								8
Prologis	Private								8
Propertylink Australian Industrial Partnership	Listed								2
Propertylink Trust	Listed								2
PSP Swiss Property	Listed								8
Public Storage	Listed								5
QIC Global Real Estate	Private								7
QuadReal Property Group	Private								1
Radius Group	Private								3
RDI REIT P.L.C.	Listed								4
Redefine Properties Limited	Listed								4
Regency Centers Corporation	Listed								8
Related Fund Management, LLC	Private								2
Renor Oy	Private								3
Ribston Limited	Private								2
RioCan	Listed								2
Rockefeller Group Investment Management Corp.	Private								5
Rockspring Property Investment Managers	Private								8
Rockspring Property Investment Managers LLP	Private								1
Royal London	Private								7
RXR Realty	Private								3
SATO Corporation	Private								4
Savanna Investment Management, LLC	Private								5
Savills Investment Management	Private								6
Savills Investment Management	Private								8
Savills Investment Management (Germany) GmbH	Private								2
Scape Australia	Private								3
Scentre Group	Listed								4
Schroder European Real Estate Investment Trust plc	Listed								2
Schroder ImmoPLUS	Listed								2
Schroder Investment Management (Switzerland) AG	Private								2
Schroder Real Estate Investment Management Limited	Private								7
Schroder Real Estate Investment Trust Limited	Listed								3
Schroder Real Estate Managers (Jersey) Limited	Private								1
SEGRO plc	Listed								8
Sekisui House Reit, Inc.	Listed								3
Sentinel	Private								8
Sentinel Real Estate Corporation	Private								2
Shaftesbury Plc	Listed								8
Shopping Centres Australasia Property Group RE Limited	Listed								3
Shorenstein Properties, LLC	Private								5
Simon Property Group, Inc.	Listed								8
Sino-Ocean Group Holding Ltd	Listed								1
Sirius Capital Partners	Private								4
Skandia Fastigheter AB	Private								2
Skanska Commercial Development Nordic	Private								2
SM Prime Holdings	Listed								3
Société de la Tour Eiffel	Listed								6
Société Foncière Lyonnaise	Listed								7
Sonae Sierra	Private								3
Sponda Plc	Private								7
Standard Life Investments	Private								8
Standard Life Investments Property Income Trust	Listed								7
Steen & Strom AS	Private								8
Stockland	Listed								7
Storebrand Asset Management AS	Private								4
Storebrand Fastigheter AB	Private								4
Summit Hotel Properties, Inc.	Listed								1
Sura Asset Management	Private								2
Swire Properties Limited	Listed								2
Swiss Life Asset Management AG	Private								1
Swiss Life Fund Management (LUX) S.A.	Private								1
Swiss Life Kapitalverwaltungsgesellschaft mbH	Private								1
Syntrus Achmea Real Estate & Finance	Private								8
TA Realty LLC	Private								6
Technopolis Plc 2014	Listed								5
Terrafina	Listed								1
TH Real Estate	Private								8
TH Real Estate & NEINVER	Private								2
The Blackstone Group	Private								4
The Cadillac Fairview Corporation	Private								3
The Crown Estate	Private								6
The Dermot Company, L.P.	Private								1
The GPT Group	Listed								8
The GPT Group	Private								8
The Howard Hughes Corporation	Listed								1
The Macerich Company	Listed								6
The Minto Group	Private								4
The Net Group	Private								3
The UNITE Group Plc	Listed								7
The UNITE Group Plc	Private								7
Threadneedle Portfolio Services Limited	Private								8
TIER REIT	Listed								6
Time Equities, Inc.	Private								1
Tishman Speyer	Private								8
TLC REIT Management Inc.	Private								1
Tokyo Tatemono Co., Ltd.	Listed								6
TOKYU LAND CAPITAL MANAGEMENT INC.	Private								1
TOKYU REIT, Inc	Listed								5
Tosei Asset Advisors, Inc.	Private								1
Trademark Property Company	Private								1
Trinity Hudson Holdings LLC	Private								3
Triodos Vastgoedfonds NV	Listed								6
Triovest Inc.	Private								4
Tristan Capital Partners	Private								7
Triton Property Fund	Private								8
U.S. General Services Administration	Government entity								3
UBS Asset Management	Private								8
UK Commercial Property Trust	Listed								4
Unibail-Rodamco	Listed								8
Union Investment Institutional Property GmbH	Private								7
Union Investment Real Estate GmbH	Private								7
United Urban Investment Corporation	Listed								7
Universities Superannuation Scheme	Private								4
USAA Real Estate Company	Private								8
Value Retail PLC	Private								7
Vasakronan	Private								7
Ventas, Inc.	Listed								7
Vesteda Investment Management B.V.	Private								8
Via Outlets	Private								3
Vicinity Centres	Private								8
Vicinity Centres Direct Portfolio	Listed								8
Victoria Park	Listed								4
Virtuous Retail	Private								3
Vonovia SE	Listed								2
Vornado Realty Trust	Listed								8
Washington Real Estate Investment Trust	Listed								5
Weingarten Realty	Listed								5
Welltower Inc.	Listed								6
Wereldhave NV	Listed								8
Westfield Corporation	Listed								7
Wihlborgs Fastigheter AB	Listed								8
Willhem	Private								5
Workspace	Listed								6
WP Group	Private								6
WRI Western Retail Partners GP, LLC	Private								1
Xander Investment Management	Private								3
Yatra Capital Limited	Listed								7

2018 Real Estate Public Disclosure Universe

Entity	Region	GRESB Participant	sBPR Award Bronze	sBPR Award Silver	sBPR Award Gold	Leader in the Light Participant
Adler Real Estate AG	Europe
ADO Properties	Europe
Aedifica	Europe
AEW UK Long Lease REIT plc	Europe
AEW UK REIT plc	Europe
Affine	Europe
Allreal Hld N	Europe
alstria office REIT-AG	Europe
Altarea Cogedim	Europe
Aroundtown Property Holding PLC	Europe
Assura	Europe
Atrium European Real Estate	Europe
Axiare Patrimonio Socimi	Europe
Befimmo SA	Europe
Beni Stabili SpA Siiq	Europe
Big Yellow Plc	Europe
British Land Company Plc	Europe
BUWOG - Bauen und Wohnen GmbH	Europe
CA Immo	Europe
Capital & Counties Properties PLC	Europe
Capital & Regional	Europe
Carmila SA	Europe
Castellum AB	Europe
Catena AB	Europe
Cegereal	Europe
Citycon Oyj	Europe
CLS Holdings	Europe
COFINIMMO	Europe
Custodian REIT	Europe
D Carnegie & Co AB	Europe
Daejan Holdings	Europe
Derwent London Plc	Europe
Deutsche EuroShop AG	Europe
Deutsche Wohnen SE	Europe
DIC Asset AG	Europe
Dios Fastigheter	Europe
Empiric Student Property	Europe
Entra	Europe
Eurocommercial Properties	Europe
F&C Commercial Property Trust	Europe
F&C UK Real Estate Investments	Europe
Fabege	Europe
Fastighets AB Balder B	Europe
Covivio	Europe
GCP Student Living	Europe
GECINA	Europe
Grainger plc	Europe
Grand City Properties	Europe
Great Portland Estates plc	Europe
Green REIT Plc	Europe
GRIP REIT Plc	Europe
Grivalia Properties REIC	Europe
HAMBORNER REIT AG	Europe
Hammerson plc	Europe
Hansteen Holdings	Europe
Helical Bar	Europe
Hemfosa Fastigheter	Europe
Hibernia REIT PLC	Europe
Hispania Activos Inmobiliarios SOCIMI, S.A.	Europe
Hufvudstaden A	Europe
Icade	Europe
Immobiliare Grande Distribuzione	Europe
Immofinanz Group	Europe
INMOBILIARIA COLONIAL, S.A.	Europe
Intervest Offices & Warehouses	Europe
InterXion – Europe	Europe
Intu Properties plc	Europe
Irish Residential Properties REIT	Europe
Klépierre	Europe
Klovern	Europe
Kungsleden AB	Europe
LandSec	Europe
Lar Espana Real Estate SOCIMI SA	Europe
Leasinvest Real Estate	Europe
LEG Immobilien AG	Europe
LondonMetric Property Plc	Europe
McKay Securities PLC	Europe
MedicX Fund	Europe
MERCIALYS	Europe
Merlin Properties SOCIMI S.A.	Europe
Mobimo Holding AG	Europe
NBG Pangaea REIC	Europe
NEPI	Europe
NewRiver REIT PLC	Europe
Norwegian Property ASA	Europe
NSI NV	Europe
Pandox	Europe
Phoenix Spree Deutschland	Europe
Picton Property Income Limited	Europe
Primary Health Properties	Europe
PSP Swiss Property	Europe
RDI REIT	Europe
Regional REIT	Europe
Retail Estates	Europe
Safestore Holdings	Europe
Schroder European Real Estate Investment Trust plc	Europe
Schroder ImmoPLUS	Europe
Schroder Real Estate Investment Trust Limited	Europe
SEGRO plc	Europe
Société Foncière Lyonnaise	Europe
Shaftesbury Plc	Europe
Sirius Real Estate Limited	Europe
Société de la Tour Eiffel	Europe
Sponda Plc	Europe
Standard Life Investments Property Income Trust	Europe
Swiss Prime Site Group AG	Europe
TAG Immobilien AG	Europe
Target Healthcare REIT	Europe
Technopolis Plc 2014	Europe
The UNITE Group Plc	Europe
TLG IMMOBILIEN AG	Europe
Triodos Vastgoedfonds	Europe
Tritax Big Box REIT	Europe
U+I Group	Europe
UK Commercial Property Trust	Europe
Unibail-Rodamco	Europe
Vastned Retail N.V.	Europe
VGP Group	Europe
Victoria Park	Europe
Vonovia SE	Europe
Wallenstam	Europe
Warehouses De Pauw	Europe
Wcm Bet Grndb	Europe
Wereldhave Belgium	Europe
Wereldhave NV	Europe
Wihlborgs Fastigheter AB	Europe
Workspace	Europe
Xior Student Housing NV	Europe
Acadia Realty	North America
Agree Realty	North America
Alexanders Inc	North America
Alexandria Real Estate Equities, Inc.	North America
Allied Properties REIT	North America
American Assets Trust, Inc.	North America
American Campus Communities, Inc.	North America
American Homes 4 Rent	North America
Apartment Investment and Management Company	North America
Apple Hospitality REIT	North America
Armada Hoffler Properties Inc	North America
Artis Real Estate Investment Trust	North America
Ashford Hospitality Prime	North America
Ashford Hospitality Trust	North America
AvalonBay Communities, Inc.	North America
Bluerock Residential Growth REIT	North America
Boardwalk REIT	North America
Boston Properties	North America
Brandywine Realty Trust	North America
Brixmor Property Group	North America
Brookfield Property Partners	North America
BRT Realty Trust	North America
Camden Property Trust	North America
Canadian Apartment Properties REIT	North America
CareTrust REIT Inc	North America
CBL & Associates Properties	North America
Cedar Realty Trust	North America
Chartwell Retirement Residences	North America
Chatham Lodging Trust	North America
Chesapeake Lodging Trust	North America
Choice Properties REIT	North America
City Office REIT Inc	North America
Colony Starwood Homes	North America
Columbia Property Trust Inc	North America
Cominar REIT	North America
Community Healthcare Trust Inc	North America
Condor Hospitality Trust Inc	North America
CoreCivic, Inc.	North America
CoreSite Realty Corp	North America
Corporacion Inmobiliaria Vesta S.A.B. de C.V.	North America
Corporate Office Properties Trust	North America
Cousins Properties Incorporated	North America
Crombie REIT	North America
CT REIT	North America
CubeSmart	North America
CyrusOne Inc	North America
DCT Industrial Trust	North America
DDR Corp	North America
DiamondRock Hospitality Company	North America
Digital Realty	North America
Douglas Emmett	North America
Dream Global REIT	North America
Dream Industrial REIT	North America
Dream Office REIT	North America
Dream Unlimited REIT	North America
Duke Realty Corp	North America
Easterly Government Properties Inc	North America
EastGroup Properties	North America
Education Realty Trust	North America
Empire State Realty Trust	North America
EPR Properties	North America
Equinix Inc.	North America
Equity Commonwealth	North America
Equity Lifestyle Properties	North America
Equity Residential	North America
Essex Property Trust	North America
Extended Stay America Inc	North America
Extra Space Storage	North America
Federal Realty Investment Trust	North America
FIBRA Prologis	North America
Fideicomiso Irrevocable No. F/1401 (Deutsche Bank Mexico, S. A. Institución de Banca Múltiple, División Fiduciaria) y Subsidiarias	North America
First Capital Realty Inc	North America
First Industrial Realty Trust, Inc.	North America
FirstService Corp	North America
Forest City Realty Trust, Inc.	North America
Four Corners Property Trust	North America
Franklin Street Properties	North America
Gaming & Leisure Properties Inc	North America
GEO Group	North America
GGP Inc.	North America
Gladstone Commercial Corporation	North America
Global Net Lease Inc	North America
Government Properties Income Trust	North America
Gramercy Property Trust	North America
Granite REIT	North America
H&R REIT	North America
HCP, Inc.	North America
Healthcare Realty Trust	North America
Healthcare Trust of America Inc	North America
Hersha Hospitality Trust	North America
Highwoods Properties	North America
Hospitality Properties Trust	North America
Host Hotels & Resorts, Inc.	North America
Hudson Pacific Properties	North America
Independence Realty Trust	North America
InnSuites Hospitality Trust	North America
InterRent REIT	North America
Investors Real Estate Trust	North America
Invitation Homes	North America
Iron Mountain	North America
JBG Smith Properties	North America
Killam Apartment REIT	North America
Kilroy Realty Corporation	North America
Kimco Realty Corporation	North America
Kite Realty Group Trust	North America
LaSalle Hotel Properties	North America
Lexington Realty Trust	North America
Life Storage	North America
LPT - Combined Portfolio	North America
LTC Properties	North America
Mack-Cali Realty	North America
Medical Properties Trust	North America
MGM Growth Properties LLC	North America
Mid America Apartments	North America
Monmouth Real Estate Investment Corp	North America
Morguard REIT	North America
National Health Investors	North America
National Retail Properties	North America
National Storage Affiliates Trust	North America
New Senior Investment Group	North America
New York REIT Inc	North America
NexPoint Residential Trust Inc	North America
NorthStar Realty Europe Corp	North America
Northview Apartment REIT	North America
Northwest Healthcare Properties	North America
Omega Healthcare Investors Inc	North America
One Liberty Properties Inc	North America
Paramount Group, Inc.	North America
Park Hotels & Resorts	North America
Parkway, Inc.	North America
Pebblebrook Hotel Trust	North America
Pennsylvania Real Estate Investment Trust	North America
Physicians Realty Trust	North America
Piedmont Office Realty Trust	North America
Preferred Apartment Communities	North America
Prologis	North America
PS Business Parks	North America
Public Storage	North America
QTS Realty Trust	North America
Ramco-Gershenson Properties Trust	North America
Realty Income	North America
Regency Centers Corporation	North America
Retail Opportunity	North America
Retail Properties of America	North America
Rexford Industrial Realty	North America
RioCan	North America
RLJ Lodging Trust	North America
Ryman Hospitality Properties	North America
Sabra Healthcare REIT	North America
Saul Centers	North America
Select Income REIT	North America
Senior Housing Properties Trust	North America
Seritage Growth Properties	North America
Simon Property Group, Inc.	North America
SL Green Realty	North America
Smart REIT	North America
Sotherly Hotels Inc	North America
Spirit Realty Capital	North America
STAG Industrial	North America
STORE Capital Corp	North America
Summit Hotel Properties	North America
Summit Hotel Properties, Inc.	North America
Sun Communities	North America
Sunstone Hotel Investors	North America
Tanger Factory Outlet Centers	North America
Taubman	North America
Terreno Realty	North America
The Howard Hughes Corporation	North America
The Macerich Company	North America
TIER REIT	North America
UDR	North America
UMH Properties Inc	North America
Universal Health Realty Income	North America
Urban Edge Properties	North America
Urstadt Biddle Properties	North America
Ventas, Inc.	North America
VEREIT	North America
Vici Properties	North America
Vornado Realty Trust	North America
W. P. Carey Inc	North America
Washington Prime Group Inc	North America
Washington Real Estate Investment Trust	North America
Weingarten Realty	North America
Welltower Inc.	North America
Wheeler Real Estate Investment Trust Inc	North America
Whitestone REIT	North America
Xenia Hotels & Resorts	North America
Comforia Residential Reit, Inc.	Asia
Activia Properties Inc.	Asia
Advance Residence Investment Corporation	Asia
AEON MALL Co., Ltd.	Asia
AEON REIT Investment Corporation.	Asia
AIMS AMP Capital Industrial REIT	Asia
Ascendas Real Estate Investment Trust	Asia
Ayala Land Inc.	Asia
Azrieli Group	Asia
Cambridge Industrial Trust	Asia
CapitaLand Commercial Trust	Asia
CapitaLand Limited	Asia
CapitaLand Mall Trust	Asia
CDL Hospitality Trusts	Asia
Champion REIT	Asia
Cheung Kong Property Holdings	Asia
City Developments Limited	Asia
Daiwa House Industry Co., Ltd.	Asia
Daiwa House REIT Investment Corporation	Asia
Daiwa Office Investment Corporation	Asia
Fortune REIT	Asia
Frasers Centrepoint Trust	Asia
Frasers Commercial Trust	Asia
Frasers Logistics & Industrial Trust	Asia
Frasers Property Limited	Asia
Frontier Real Estate Investment Corporation	Asia
Fukuoka REIT	Asia
GDS – China	Asia
GLP J-REIT	Asia
Hang Lung Properties Limited	Asia
HEIWA REAL ESTATE REIT, Inc.	Asia
Henderson Land Development Company	Asia
Hongkong Land	Asia
Hulic Co., Ltd.	Asia
HULIC REIT, Inc.	Asia
Hysan Development Company	Asia
Ichigo Office REIT Investment Corporation	Asia
Industrial & Infrastructure Fund Investment Corporation	Asia
Invincible Investment	Asia
Japan Excellent, Inc.	Asia
Japan Hotel REIT Investment	Asia
Japan Logistics Fund, Inc.	Asia
Japan Prime Realty Investment Corporation	Asia
Japan Real Estate Investment Corporation	Asia
Japan Rental Housing Investment	Asia
Japan Retail Fund Investment Corporation	Asia
Kenedix Office Investment Corporation	Asia
Kenedix Residential Investment Corporation	Asia
Kenedix Retail REIT Corporation	Asia
Keppel REIT	Asia
Kerry Properties	Asia
LaSalle Logiport REIT	Asia
Link Real Estate Investment Trust	Asia
Mahindra Lifespaces Developers Limited	Asia
Mapletree Commercial Trust	Asia
Mapletree Industrial Trust	Asia
Mapletree Logistics Trust Management Ltd.	Asia
MCUBS MidCity Investment Corporation	Asia
Mitsubishi Estate	Asia
Mitsui Fudosan	Asia
Mori Hills REIT Investment Corporation	Asia
MORI TRUST Sogo Reit, Inc.	Asia
New World Development Company Limited	Asia
Nippon Accommodations Fund	Asia
Nippon Building Fund Inc.	Asia
Nippon Prologis REIT, Inc.	Asia
NIPPON REIT Investment Corporation	Asia
Nomura Real Estate Holdings	Asia
Nomura Real Estate Master Fund, Inc.	Asia
NTT Urban Development	Asia
One REIT, Inc.	Asia
ORIX JREIT Inc.	Asia
Premier Investment Corporation	Asia
Robinsons Land Corporation	Asia
Sekisui House Reit, Inc.	Asia
Sino-Ocean Group Holding Ltd	Asia
SM Prime Holdings	Asia
SOHO China Limited	Asia
Sumitomo Realty & Development	Asia
Suntec REIT	Asia
Sunway REIT	Asia
Swire Properties Limited	Asia
Tokyo Tatemono Co., Ltd.	Asia
Tokyu Fudosan Holdings Corporation	Asia
TOKYU REIT, Inc	Asia
United Urban Investment Corporation	Asia
UOL Group	Asia
Wharf Holdings	Asia
Wharf Real Estate Investment Company Limited	Asia
Wheelock & Co	Asia
Yatra Capital Limited	Asia
360 Capital Group	Australia/NZ
360 Capital Total Return Fund	Australia/NZ
Abacus Property Group	Australia/NZ
ALE Property Group	Australia/NZ
Arena REIT	Australia/NZ
Asia Pacific Data Centre Group	Australia/NZ
Aspen Group	Australia/NZ
BlackWall Property Funds	Australia/NZ
BlackWall Property Trust	Australia/NZ
BWP Trust	Australia/NZ
Carindale Property Trust	Australia/NZ
Centuria Metropolitan REIT	Australia/NZ
Charter Hall Group	Australia/NZ
Charter Hall Retail REIT (CQR)	Australia/NZ
Cromwell Property Group	Australia/NZ
DEXUS Office Trust	Australia/NZ
DEXUS Property Group	Australia/NZ
Folkestone Education Trust	Australia/NZ
GDI Property Group	Australia/NZ
Goodman Group	Australia/NZ
Growthpoint Properties Australia	Australia/NZ
Hotel Property Investments	Australia/NZ
Industria REIT	Australia/NZ
Ingenia Communities Group	Australia/NZ
Investa Office Fund (IOF)	Australia/NZ
Kiwi Property Group	Australia/NZ
Mirvac	Australia/NZ
National Storage REIT	Australia/NZ
NextDC – Australia	Australia/NZ
Precinct Properties New Zealand	Australia/NZ
Propertylink Australian Industrial Partnership	Australia/NZ
Propertylink Trust	Australia/NZ
Scentre Group	Australia/NZ
Shopping Centres Australasia Property Group RE Limited	Australia/NZ
Stockland	Australia/NZ
Stride	Australia/NZ
The GPT Group	Australia/NZ
US Masters Residential Property Fund	Australia/NZ
Vicinity Centres Direct Portfolio	Australia/NZ
Westfield Corporation	Australia/NZ
Growthpoint Properties	Africa
Hyprop Investments Limited	Africa
Redefine Properties Limited	Africa
Resilient REIT Ltd	Africa
BR Malls ParticipacÃßoes S.A.	South America
Iguatemi Empresa de Shopping Centers SA	South America
Multiplan Empreendimentos Imobiliarios SA	South America

2016 – 2018 Infrastructure Fund Participants

Participant	2016	2017	2018
3i Investments plc
Aberdeen Fund Managers Limited
Alinda Capital Partners
AMP Capital
Aquila Capital
Arcus Infrastructure Partners LLP
Ardian
Argo Infrastructure Partners LLC
Asper Investment Management Limited
AXA Investment Managers
BlackRock
Bouwfonds Investment Management
Capital Dynamics
CIM Group
Copenhagen Infrastructure Partners
Cube Infrastructure Managers
Dalmore Capital Limited
Denham International Power GP S.a.r.l
Deutsche Alternative Asset Management (Global) Limited
Energi 30
Equilibrium Capital
Equitix
H.R.L. Morrison & Co Limited
Harbert Fund Advisors, Inc
Hermes GPE LLP
IL&FS Investment Managers and Standard Chartered Bank
Infrastructure Capital Group Limited
Investment Fund for Developing Countries
J.P. Morgan Investment Management, Inc. as advisor
KGAL Investment Management GmbH & Co. KG
Macquarie Infrastructure and Real Assets
Mirova
Morgan Stanley Infrastructure Partners
NIBC Infrastructure Partners I B.V.
Oaktree Capital
Obligo Investment Management
Palisade Investment Partners
Partners Group
PGGM Infrastructure
Piramal Capital and Housing Finance Limited
QIC Ltd
RJ Investment Co., Ltd.
UBS Asset Management
Vantage Infrastructure

2016-2018 Infrastructure Asset Participants

Name	Region	2016	2017	2018	Sector	Sub-Sector
A12 - Poort van Bunnik BV	Europe				Transport	Road Companies
Adelaide Airport Ltd	Oceania				Transport	Airport Companies
Adven Group Oy	Europe				Diversified
Akiem	Europe				Transport	Rail Companies
Alpha Trains (Luxembourg) Holdings S.à r.l.	Europe				Transport	Rail Companies
APRR	Europe				Transport	Road Companies
Arenales Solar PS, S.L.	Europe				Renewable Power Generation	Solar Power Generation
Associated British Ports	Europe				Transport	Ports
Australia Pacific Airports Corporation Limited	Oceania				Transport	Airport Companies
Autovia del Camino S.A.U.	Europe				Transport	Road Companies
AXIÓN Infraestructuras de Telecomunicaciones S.A.U.	Europe				Data Infrastructure
BAI Communications Pty Ltd.	Oceania				Data Infrastructure	Data Transmission
Bald Hills Wind Farm	Oceania				Renewable Power Generation	Wind Power Generation
Binnenlandse Container Terminals Nederland B.V.	Europe				Transport	Ports
Birmingham Schools SPC Phase 1A Ltd and Birmingham Schools SPC 1B Ltd	Europe				Social Infrastructure	Education Services
Borger Energy Associates, L.P.	North America				Power Generation x-Renewables	Independent Power Producers
Braes of Doune	Europe				Renewable Power Generation	Wind Power Generation
Burnley General Hospital Phase V SPC Ltd	Europe				Social Infrastructure	Health and Social Care Services
Calderdale Hospital SPC Ltd	Europe				Social Infrastructure	Health and Social Care Services
California Flats Solar	North America				Renewable Power Generation	Solar Power Generation
Cambria Cogeneration	North America				Power Generation x-Renewables	Independent Power Producers
Catalyst Healthcare (Manchester) Ltd	Europe				Social Infrastructure	Health and Social Care Services
Catalyst Higher Education (Sheffield) Plc	Europe				Social Infrastructure	Education Services
Celeo Redes Brasil SA	South America				Network Utilities	Electricity Transmission Companies
Celeo Redes Chile S.L.	South America				Network Utilities	Electricity Transmission Companies
Collgar Wind Farm	Oceania				Renewable Power Generation	Wind Power Generation
Colver Power Project	North America				Power Generation x-Renewables	Independent Power Producers
Concesionaria de Autopistas de Michoacán S.A. de C.V.	North America				Transport	Road Companies
ConnectEast Pty Ltd	Oceania				Transport	Road Companies
Convention Centre Dublin (CCD)	Europe				Social Infrastructure	Convention, entertainment and recreation
Elenia Oy	Europe				Network Utilities	Electricity Distribution Companies
Emitel	Europe				Data Infrastructure	Data Transmission
Energy Assets Group Limited	Europe				Diversified
ESVAGT A/S	Europe				Other
Exchequer Partnership plc and Exchequer Partnership (No 2) Plc	Europe				Other
Five Brothers	North America				Power Generation x-Renewables	Independent Power Producers
Focuseducation (Lambeth) Ltd	Europe				Social Infrastructure	Education Services
Focuseducation (Lincolnshire) Ltd	Europe				Social Infrastructure	Education Services
Focuseducation (Newcastle) Ltd	Europe				Social Infrastructure	Education Services
Focuseducation NMC Ltd	Europe				Social Infrastructure	Education Services
Forth Ports Limited	Europe				Transport	Ports
Genesee & Wyoming Australia	Oceania				Transport	Rail Companies
Gestión Integral de Hospitales de Zumpango, S.A.P.I. de C.V. ("GIHZ")	North America				Social Infrastructure	Health and Social Care Services
Globalvia	Europe				Transport	Road Companies
Howard Midstream Energy Partners, LLC	North America				Energy Resources	Energy Pipeline Companies
Invis Energy (Irish On-shore wind platform) RPP2 Fund	Europe				Renewable Power Generation	Wind Power Generation
Kelda Holdings Limited	Europe				Network Utilities	Water and Sewerage Companies
Lancashire Schools SPC Phases 1, 2, 2A and 3 Ltd	Europe				Social Infrastructure	Education Services
LBC Tank Terminals	Europe				Other
Lea Power Partners LLC	North America				Power Generation x-Renewables	Independent Power Producers
Lochard Energy (Iona Operations) Trust	Oceania				Energy Resources	Energy Resource Storage Companies
MADRILEÑA RED DE GAS	Europe				Network Utilities	Gas Distribution Companies
Martin Midstream GP	North America				Energy Resources	Energy Resource Storage Companies
Millennium Parking Garages LLC	North America				Transport	Other
Moapa Solar	North America				Renewable Power Generation	Solar Power Generation
Mt. Signal 3 Solar	North America				Renewable Power Generation	Solar Power Generation
Mulberry Cogeneration Plant	North America				Power Generation x-Renewables	Independent Power Producers
N33 - Poort van Noord BV	Europe				Transport	Road Companies
Nevada Cogeneration Associates #1	North America				Power Generation x-Renewables	Independent Power Producers
Newcastle Coal Infrastructure Group	Oceania				Transport	Ports
Newcastle International Airport	Europe				Transport	Airport Companies
Coahuila	North America				Social Infrastructure	Government Services
Orange Cogeneration Plant	North America				Power Generation x-Renewables	Independent Power Producers
Orlando Cogeneration Plant	North America				Power Generation x-Renewables	Independent Power Producers
Ørsted A/S	Europe				Diversified
BluEarth Renewable LP.	North America				Renewable Power Generation
Peel Ports	Europe				Transport	Ports
Phoenix Natural Gas	Europe				Network Utilities	Gas Distribution Companies
Plateau Green Energy	Europe				Renewable Power Generation	Wind Power Generation
Porterbrook Leasing Company Limited	Europe				Transport	Rail Companies
Port of Lubeck	Europe				Transport	Ports
Puget Sound Energy	North America				Diversified
REDEXIS GAS GROUP	Europe				Diversified
Aviva Investors REaLM Infrastructure No.5	Europe				Renewable Power Generation	Wind Power Generation
Rimorchiatori Mediterranei	Europe				Transport	Ports
Saubermacher Dienstleistungs AG	Europe				Environmental Services	Solid Waste treatment
SAVE SpA	Europe				Transport	Airport Companies
Sociedad Austral de Electricidad Sociedad Anónima	South America				Network Utilities
Somerset Schools 1 Ltd	Europe				Social Infrastructure	Education Services
Spanish Mercurio Solar Platform (Arcus1 Fund)	Europe				Renewable Power Generation	Solar Power Generation
Spanish Ondina Hydro Platform (Arcus2 Fund)	Europe				Renewable Power Generation	Hydro-Electric Power Generation
St James's Oncology SPC Ltd	Europe				Social Infrastructure	Health and Social Care Services
Sydney Airport	Oceania				Transport	Airport Companies
TCR	Europe				Other
TDF	Europe				Data Infrastructure
TEREGA	Europe				Energy Resources
The Port of Virginia	North America				Transport	Ports
Three Sisters	North America				Power Generation x-Renewables	Independent Power Producers
Towercom	Europe				Data Infrastructure	Other
TransAlta Corporation	North America				Power Generation x-Renewables	Independent Power Producers
Transurban Limited	Oceania				Transport	Road Companies
Trinity Power Limited	South America				Power Generation x-Renewables	Independent Power Producers
Umove	Europe				Transport	Other
UPP	Europe				Social Infrastructure	Education Services
Vandolah Power Company	North America				Power Generation x-Renewables	Independent Power Producers
Vasa Varme (Swedish District Heating Platform) Arcus2 Fund	Europe				Renewable Power Generation	Other Renewable Power Generation
Vasa Vind (Swedish On-shore Wind Platform) Asper2 Fund	Europe				Renewable Power Generation	Wind Power Generation
Waterside Power, LLC	North America				Power Generation x-Renewables	Independent Power Producers
Wattle Point Wind Farm Pty Ltd	Oceania				Renewable Power Generation	Wind Power Generation
West Dunbartonshire Schools Ltd	Europe				Social Infrastructure	Education Services
Worcestershire Hospital SPC plc	Europe				Social Infrastructure	Health and Social Care Services

*The assets listed have given permission for their participation to be made public.

2015 – 2018 Debt Participants

	2015	2016	2017	2018
Aareal Bank AG
ABN AMRO Bank
AgFe
Atrium Finance
Aviva Investors
AXA Investment Managers
Colony NorthStar
DRC Capital
Hannon Armstrong
Hermes Investment Management
ING Bank
Intermediate Capital Group
Kayne Anderson Capital Advisors
LaSalle Investment Management
Latitude Management Real Estate Investors
Lloyds Bank
Mesa West Capital
NN Investment Partners
PGIM Real Estate
Rabobank
Standard Life Investments
Syntrus Achmea Real Estate & Finance
TH Real Estate
TUHF
UBS Asset Management
Walton Street Debt Managers