Michael McGowan

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

Kensington Investment Group, Inc. (KIG) is a registered investment advisor that specializes in real estate securities portfolio management. The firm was founded in 1993 and provides discretionary investment management services on behalf of registered investment company clients, separate accounts and private limited partnerships. KIG is located in Orinda, California.

Kensington Investment Group, Inc. (KIG) is a registered investment advisor that specializes in real estate securities portfolio management. The firm was founded in 1993 and provides discretionary investment management services on behalf of registered investment company clients, separate accounts and private limited partnerships. KIG is located in Orinda, California.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

Kensington Investment Group, Inc. (KIG) is a registered investment advisor that specializes in real estate securities portfolio management. The firm was founded in 1993 and provides discretionary investment management services on behalf of registered investment company clients, separate accounts and private limited partnerships. KIG is located in Orinda, California.

Kensington Investment Group, Inc. (KIG) is a registered investment advisor that specializes in real estate securities portfolio management. The firm was founded in 1993 and provides discretionary investment management services on behalf of registered investment company clients, separate accounts and private limited partnerships. KIG is located in Orinda, California.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

Kensington Investment Group, Inc. (KIG) is a registered investment advisor that specializes in real estate securities portfolio management. The firm was founded in 1993 and provides discretionary investment management services on behalf of registered investment company clients, separate accounts and private limited partnerships. KIG is located in Orinda, California.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

Kensington Investment Group, Inc. (KIG) is a registered investment advisor that specializes in real estate securities portfolio management. The firm was founded in 1993 and provides discretionary investment management services on behalf of registered investment company clients, separate accounts and private limited partnerships. KIG is located in Orinda, California.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.

RREEF America LLC is a SEC-registered investment advisor headquartered in Chicago, Illinois. The firm was founded in 1975 and is a direct subsidiary of RoPro US Holding, Inc., ultimately owned by Deutsche Bank AG (ETR: DBK), a publicly held banking corporation organized under the laws of Germany. RREEF provides investment and advisory services to funds and institutional clients on a discretionary and non-discretionary basis.