Coerivp —Avg —1Avaan .x9041 -2vtglev • DB REIT coverage trading at a 7.1% discount to NAV vs a -1.4% discount historically Source Deatrote419, COMpery a not ?0,10,16 Deutsche Bank Securities Inc. 'Figure 20: Quarterly REIT capital raising 1A01) fix Ox $19.0:0 MOM I ' iIJdlllllllll I . .d