Equity International (“EI”), Sam Zell’s investment firm focused on the emerging markets, announced that it has closed on a follow-on investment of approximately $29 million in Grupo Acosta Verde (“Acosta Verde”). Additionally, David Contis will join the Company’s Board of Directors as an independent director, providing a valuable resource and 35 years of experience in global commercial real estate. Mr. Contis has extensive experience in the retail real estate sector in his previous roles as President of the Mall Platform at Simon Property Group and as Chief Operating Officer at The Macerich Company.