Portfolio Performance
Quarter ending 30 June 2026
Portfolio Healthy
Viewing
Key Metrics
Value-Add Fund
Portfolio AUM
+5.9% TOY
across 4 assets
Portfolio AUM
+5.9% TOY
across 4 assets
Portfolio AUM
+5.9% TOY
across 4 assets
Overall Occupancy
Target 95.0%
Overall Occupancy
Target 95.0%
Overall Occupancy
Target 95.0%
Weighted WALT
3 leases
expiring in 2026
Weighted WALT
3 leases
expiring in 2026
Weighted WALT
3 leases
expiring in 2026
Cash-on-Cash return
Target 9.4%
0.8 pts below
Cash-on-Cash return
Target 9.4%
0.8 pts below
Cash-on-Cash return
Target 9.4%
0.8 pts below
Performance & exposure
Year To Date - 2026
YTD Net Operating Income
Actual vs. Budget • USD Thousands
Jan - Dec 2026
Actual NOI
Budget
Jan
Feb
Mar
Apr
May
Jun
+5.9% TOY
Through Q4 - Strongest month: June
YTD Net Operating Income
Actual vs. Budget • USD Thousands
Jan - Dec 2026
Actual NOI
Budget
Jan
Feb
Mar
Apr
May
Jun
+5.9% TOY
Through Q4 - Strongest month: June
YTD Net Operating Income
Actual vs. Budget • USD Thousands
Jan - Dec 2026
Actual NOI
Budget
Jan
Feb
Mar
Apr
May
Jun
+5.9% TOY
Through Q4 - Strongest month: June
Lease Expiration Schedule
Portfolio square feet rolling by year
Jan - Dec 2026
Expiring SQFT (k)
2026
2027
2028
2029
2030
2031
2028 rollover: 120k SQFT
Renewal planning in progress
Lease Expiration Schedule
Portfolio square feet rolling by year
Jan - Dec 2026
Expiring SQFT (k)
2026
2027
2028
2029
2030
2031
2028 rollover: 120k SQFT
Renewal planning in progress
Lease Expiration Schedule
Portfolio square feet rolling by year
Jan - Dec 2026
Expiring SQFT (k)
2026
2027
2028
2029
2030
2031
2028 rollover: 120k SQFT
Renewal planning in progress
Asset Register
Operating Metrics
YTD Net Operating Income
Actual vs. budget • USD thousands
Property
Asset Class
Size
Occupancy
YTD NOI
DSCR
LTV
Status
Property
Asset Class
Size
Occupancy
YTD NOI
DSCR
LTV
Status
Oakridge Apartments
Multifamily
180,000 SQFT
94.5%
$1,650,000
1.40×
58%
Strong
Oakridge Apartments
Multifamily
180,000 SQFT
94.5%
$1,650,000
1.40×
58%
Strong
Harbor Logistics Hub
Industrial
200,000 SQFT
100.0%
$2,100,000
1.80×
50%
Strong
Harbor Logistics Hub
Industrial
200,000 SQFT
100.0%
$2,100,000
1.80×
50%
Strong
Plaza West Retail Center
Retail
45,000 SQFT
88.2%
$420,000
1.18x
71%
Watchlist
Plaza West Retail Center
Retail
45,000 SQFT
88.2%
$420,000
1.18x
71%
Watchlist
Metro Business Tower
Office
120,000 SQFT
95.0%
$1,240,000
1.45x
62%
Strong
Metro Business Tower
Office
120,000 SQFT
95.0%
$1,240,000
1.45x
62%
Strong