Cromwell European REIT - Annual Report 2021

Piazza Affari 2 Piazza degli Affari 2, Milan, Italy HIGHLIGHTS > Trophy asset in the heart of Milan CBD opposite the Milan Stock Exchange, built in the 1930’s and partially refurbished in 2017. It provides eight floors above ground and two basement levels. The surrounding area includes prime office properties, hosting many Fortune 500 companies > Easily accessible by foot from Duomo > Conveniently located ~25 minutes by car to Linate Airport and ten minutes by metro to The Central Railway Station 04 1 As at 31 Dec 2021 Property Type Office Acquisition date 30 Nov 2017 Purchase Price €81,700,000 NLA 7,787 sqm Lease type Multi-tenanted Land tenure Freehold Gross Revenue FY 2021 €4,137,445 Building Certification BREEAM Very Good 99.7% Occupancy 1 (Flat y-o-y) €96.9 million Property Valuation 1 (+18.6% since acquisition) TOP 10 PROPERTIES CROMWELL EUROPEAN REIT 63 ANNUAL REPORT 2021