EFTA Document EFTA01388605

IR October 2O16 REITs US REIT 3016 Earnings Preview TIP 1+0/ 'Operating FFO/sh Open* , Mitts Total leasing volume !prorate) New leasing volume (comp • non-octnpi Renewal leasing volume Tote cccupancy /commenced. conseschuor ash VA, Ch Deeded rent spread lorcorata) New lease Spread loto-retal Renewal Sorted fix0-retai 5 NOI growth yN (cash consolidated] Note consensus estimates are based on Thom an compiled data as ce 10/14/16 • Update on disposition progress ($600-700M FY guidance). As of early August, RPAI had closed or was under contract for -$414M. 3015 Must SO 23 SO 2/ Acts 666 204 412 931% 101,0 -soon 9 4% 196% 7 3% 2 0% 2016 Aobal 50 31 50 28 Aahs 920 339 ,91 936% 601:6 81% 163% 69% 4 2% 31116 50 25 Di e 50 76 50 26 Actual Acts 937% 14bp 6460 7 5% 2016 Pro 30 Gude SI 11.51 14 5104.5107 We 312 Gude Pest 30 Guido Me Cone $1 06 $1 07 Peat 30 Guido 943% 7 3% •2009S to 350% • Update on the Rite Aid (RAD: DB Hold rated, USD7.06, by George Hill) portfolio sales. • Update on leasing remaining space at the Zurich asset • Update on Sports Authority exposure and releasing progress. As of 2O, Dicks (DKS: DB Buy rated, USD54.46 by Mike Baker) had assumed right of 1 store and was expected to assume the lease, 1 has been released and 1 is part of a redevelopment. 7 other stores remain to be released with 4 in active negotiation. • Current acquisition and sales environment commentary • Staples/Office Depot plans • One Loudoun acquisition commentary and incremental detail on longer term plans at the asset Sovc• bunch. Bent carpet. dad. MOIFIKVI Page 34 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0092254 CONFIDENTIAL SDNY_GM_00238438 DB• Can EFTA01388605