The equity REIT advised by Terra Capital Partners has completed the acquisition of a portfolio of 14 Class A office buildings leased primarily to government agencies for approximately $560 million. “I am pleased to announce that, with this acquisition, the REIT has, in a little over a year, become one of the largest owners of GSA properties in the U.S.,” said Bruce Batkin, President of Terra Capital Partners. “This portfolio represented a rare opportunity for us to consolidate the REIT’s position as owner of some of the highest quality GSA assets, and we expect to grow this portfolio with equally high quality assets over the next several years.”

Terra Capital Partners is exclusive investment advisor to a private equity REIT, the shares of which are held primarily by an Australian listed property trust. The REIT focuses on the acquisition of U.S. income producing office, retail and industrial properties, frequently in joint venture partnership with local real estate operating companies.

The REIT focuses on well-leased, stable properties with credit tenants, strong covenants and average remaining lease terms of at least four years; The REIT avoids investments in uncertain, value-added situations.

For additional information please contact Dan Cooperman at (212) 753-5100 or visit our website: www.terracapitalpartners.com