European Property Investors Special Opportunities 5, fund of Tristan Capital Partners Holdings Ltd signed definite agreement to acquire 77.4% stake in GxP German Properties AG (XTRA:GXP1) from Summit Properties Limited on May 30, 2021. In related transaction, EPISO 5 opportunistic fund, managed by Tristan Capital Partners, has signed definite agreement to acquire 100% of the non-listed portfolio controlled by Summit Real Estate Holdings Ltd on May 31, 2021. Combined Value of transaction is €1 billion. Tristan Capital has also informed the Management Board of GxP that Tristan Capital is considering making a voluntary offer to acquire all remaining shares in GxP. Tristan Capital plans to offer a cash purchase price of €5.00 per share. The board of directors and the supervisory board of GxP welcome Tristan Capital as a new anchor shareholder. The transaction is subject to the customary closing conditions, including approval by the cartel and expected to close by end of June 2021. Andreas Lischka, Roger Kiem, Gernot Wagner, Rebecca Emory, Bodo Bender, Sebastién Seele, Rostyslav Telyatnykov, Tomislav Vrabec, Stefan Bressler, and Tilman Kuhn, Patricia Galts and Jochen Hoerth of Global law firm White & Case LLP has advised Summit Group on Legal matters. Philipp Stoecker, Christian Keilich, Franziska Ernst, Birgit Seyfert, tefan Bruder and Markus Stephanblome, Carina Soesanto, Christof Häfner, Ines Keitel and Dimitri Slobodenjuk of Clifford Chance LLP acted as legal advisor to Tristan capital. EPISO 5 was advised by Clifford Chance, Colliers, BNP, PwC, Rothschild & Co, CBRE VALTEQ and Eastdil Secured.

European Property Investors Special Opportunities 5, fund of Tristan Capital Partners Holdings Ltd completed the acquisition of 77.4% stake in GxP German Properties AG (XTRA:GXP1) from Summit Properties Limited on June 28, 2021. As part of this implementation, the board member Itay Barlev resigned his mandate with immediate effect as agreed. The Supervisory Board members Sharon Marckado-Erez and Amir Sagy are leaving with effect from July 15, 2021 and the Chairman of the Supervisory Board Markus Beermann voluntarily retired from the Supervisory Board on July 31, 2021. Constantin Plenge, London, appointed by the Supervisory Board as Chief Executive Officer. The three vacant positions on the Supervisory Board are to be filled with Ali Otmar, Barbara Wojszycki and Anne-Julie Bellaize in court at the request of the Management Board and the Supervisory Board.