TPG Real Estate: Property Highlights

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Catellus Development Corporation --  In March 2011, TPG Real Estate completed a corporate carve-out of Catellus Development Corporation (“Catellus”). At acquisition, Catellus included 1.75 million square feet of shopping centers and office buildings, 130 long-term ground leases and easements and 10 significant land parcels for retail, mixed-use and residential development projects.

Catellus Development Corporation -- In March 2011, TPG Real Estate completed a corporate carve-out of Catellus Development Corporation (“Catellus”). At acquisition, Catellus included 1.75 million square feet of shopping centers and office buildings, 130 long-term ground leases and easements and 10 significant land parcels for retail, mixed-use and residential development projects.

Catellus Development Corporation --  Since TPG Real Estate acquired Catellus, the Company’s seasoned management team has driven significant value creation particularly with respect to signature mixed-use development projects in California, Texas and New Jersey.

Catellus Development Corporation -- Since TPG Real Estate acquired Catellus, the Company’s seasoned management team has driven significant value creation particularly with respect to signature mixed-use development projects in California, Texas and New Jersey.

Woolgate Exchange -- In January 2013, TPG Real Estate acquired the Woolgate Exchange (“Woolgate”), a 351,000 square foot office building in London.

Woolgate Exchange -- In January 2013, TPG Real Estate acquired the Woolgate Exchange (“Woolgate”), a 351,000 square foot office building in London.

 Woolgate Exchange --  Against a backdrop of improving dynamics for the London office market, TPG Real Estate enhanced the tenancy of Woolgate through active asset management and ultimately sold the property to an insurance company in August 2014.

Woolgate Exchange -- Against a backdrop of improving dynamics for the London office market, TPG Real Estate enhanced the tenancy of Woolgate through active asset management and ultimately sold the property to an insurance company in August 2014.

Enlivant -- In July 2013, TPG Real Estate took private Assisted Living Concepts (NYSE: ALC), the country’s sixth-largest assisted living provider. At the time of the transaction, ALC spanned 212 properties with a total of 9,351 units but had numerous operational challenges. Under the direction of a new executive team, the Company was renamed “Enlivant” and is undergoing a comprehensive operational transformation resulting in dramatically improved performance.

Enlivant -- In July 2013, TPG Real Estate took private Assisted Living Concepts (NYSE: ALC), the country’s sixth-largest assisted living provider. At the time of the transaction, ALC spanned 212 properties with a total of 9,351 units but had numerous operational challenges. Under the direction of a new executive team, the Company was renamed “Enlivant” and is undergoing a comprehensive operational transformation resulting in dramatically improved performance.

 P3 Logistic Parks Limited -- TPG Real Estate acquired P3 Logistic Parks, a pan-European industrial real estate company, in October 2013 from a bankrupt sponsor through a proprietary process. At acquisition, P3 included 16 million square feet of leasable space in 48 warehouses and 10 significant land parcels available for future development.

P3 Logistic Parks Limited -- TPG Real Estate acquired P3 Logistic Parks, a pan-European industrial real estate company, in October 2013 from a bankrupt sponsor through a proprietary process. At acquisition, P3 included 16 million square feet of leasable space in 48 warehouses and 10 significant land parcels available for future development.

P3 Logistic Parks Limited -- Leveraging deep knowledge of the European logistics industry, TPG Real Estate has partnered with the P3 management team to scale the Company in target markets. In doing so, TPG Real Estate has helped to increase P3’s portfolio to approximately 38 million square feet -- more than double the size it was at acquisition in 2013.

P3 Logistic Parks Limited -- Leveraging deep knowledge of the European logistics industry, TPG Real Estate has partnered with the P3 management team to scale the Company in target markets. In doing so, TPG Real Estate has helped to increase P3’s portfolio to approximately 38 million square feet -- more than double the size it was at acquisition in 2013.

 Evergreen Industrial Properties -- In May 2014, TPG Real Estate formed Evergreen Industrial through the acquisition of 59 industrial assets totaling over 7.4 million square feet. Evergreen Industrial currently owns 155 properties across 15.9 million square feet and has employed an active management strategy to drive operating performance. Since the acquisition, TPG Real Estate has built a dedicated management team to drive Evergreen Industrial’s investment and asset management initiatives.

Evergreen Industrial Properties -- In May 2014, TPG Real Estate formed Evergreen Industrial through the acquisition of 59 industrial assets totaling over 7.4 million square feet. Evergreen Industrial currently owns 155 properties across 15.9 million square feet and has employed an active management strategy to drive operating performance. Since the acquisition, TPG Real Estate has built a dedicated management team to drive Evergreen Industrial’s investment and asset management initiatives.