REA is committed to socially responsible investing and has integrated environmental, social and corporate governance ("ESG") principles as a fundamental part of the REA investment evaluation process. REA believes properties with sustainable attributes can increase in value due to decreased utility costs, increasing rents and occupancy resulting from improved desirability, and increased lifespan because of enhanced resiliency. Due to its importance, ESG issues have been integrated in REA's acquisition and asset management processes in an effort to mitigate risk and add value. REA seeks to underwrite investments to meet or exceed environmental standards while taking into account the long-term objectives of each investment, mitigating risks associated with expanding regulations, and positioning the asset for increased marketability at time of disposition.

REA integrates ESG principles into its investment decisions and has integrated its sustainability objectives into its overall business strategy. Sustainability issues are identified and quantified as part of REA’s real estate asset investment due diligence process as a tool to increase value and identify and mitigate potential risks.

To the extent permitted under applicable law, including ERISA, the Fund generally will seek to achieve its ESG objectives summarized below:

Conserving Resources

 Reduce, measure, and report building energy, water, and waste within REA’s control

 Improve performance and establish reduction targets

 Evaluate and implement low cost measures and capital improvements

 Evaluate and pursue ENERGY STAR and green building certifications