Trastor Real Estate Investment : Acquisition of 100% of the shares of two Soci?t? Anonyme owners of three logistics centers at Aspropyrgos, Attica

PRESS RELEASE

Acquisition of 100% of the shares of two Société Anonyme owners of three logistics

centers at Aspropyrgos, Attica

Trastor REIC (the "Company") further to the signing of a binding preliminary share purchase agreement dated 02.08.2023 for the acquisition of all (100%) of the shares of the company with the trade name "FINEAS REAL ESTATE-COMMERCIAL SOCIETE ANONYME", announces the signing of the final share purchase agreement.

The aforesaid company owns two (2) land plots of surface of 18,419 sq.m. and 11,740 sq.m. each, in Aspropyrgos, Attica, on which two (2) modern commercial storage and distribution facilities have been developed with a surface area of 10,981 sq.m. and 4,545 sq.m., respectively.

The total consideration for the acquisition of the shares of "FINEAS REAL ESTATE-COMMERCIAL SOCIETE ANONYME" is equal to the net asset value of the acquired company at the time of closing and amounts to €6.98mn. The acquisition will be jointly financed from the recently completed share capital increase and the mandatory convertible loan dated 02.03.2023.

In addition, further to the signing of a binding preliminary share purchase agreement dated 26.04.2023 for the acquisition of all (100%) of the shares of the company with the trade name "SOLON REAL ESTATE SOCIETE ANONYME", announces the signing of the final share purchase agreement.

The aforesaid company owns a land plot of 30,132 sq.m. in Aspropyrgos, Attica, on which a state-of-the-art commercial storage and distribution facility has been developed with a total area of 23,851 sq.m. The property will be certified as per international green and sustainable development standards.

The total consideration for the acquisition of the shares of "SOLON REAL ESTATE SOCIETE ANONYME " is equal to the net asset value of the acquired company at the time of closing and amounts to €11.98mn. The acquisition will be financed from the recently completed share capital increase.

Mr. Tassos Kazinos, Chief Executive Officer of the Company, made the following statement:

"The global supply chain is undergoing a significant transformation. Pandemic disruptions, rising geopolitical uncertainties, and pressures for de-globalization are forcing businesses to prioritize security and resilience. In this new environment, third-party logistics providers (3PLs) play a critical role in reshaping and maintaining efficient supply chains, helping businesses adapt to these challenges. Trastor is actively responding to this changing landscape. Today, we completed two strategic investments in the logistics sector, adding three newly built facilities constructed with the latest specifications and sustainability features. These facilities are fully leased on a long-term basis to specialized 3PL operators.

With these transactions, and having invested over €110 million in the sector, Trastor's logistics portfolio expands to 164,000 sq.m. and becomes the largest listed institutional owner of logistics assets in West Attica, with more than 70% of our portfolio built after 2020".

Athens, March 12th, 2024

Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F [phone]

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