Mr. Zach Vaughan reports

VITAL INFRASTRUCTURE PROPERTY TRUST ACQUIRES EAST NEW YORK HEALTH HUB IN BROOKLYN, NEW YORK

Vital Infrastructure Property Trust has acquired the East New York Health Hub, a high-quality, 142,249-square-foot, seven-storey, purpose-built medical outpatient facility completed in 2019, located at 101 Pennsylvania Ave. in Brooklyn, N.Y., for a purchase price of $126.7-million ($89.9-million (U.S.)). The transaction was financed using a combination of net proceeds from the real estate investment trust's recently completed European dispositions and the REIT's credit facility, and is expected to be immediately accretive to funds from operations per unit.

The property is leased to AdvantageCare Physicians New York and has a remaining lease term of approximately 11 years. ACPNY is one of New York's largest integrated primary and specialty care networks, serving approximately 500,000 patients across all five boroughs of New York and Long Island. The property is also home to leading health care providers, including New York Cancer & Blood Specialists, Lenox Hill Radiology, New York Health, Advanced Dermatology, and Quest Diagnostics. The property serves a large and growing population, and benefits from excellent access to public transit. It is located directly above the Liberty Avenue subway station and adjacent to Broadway Junction, one of Brooklyn's major transit hubs.

"This acquisition represents another important step in the execution of Vital Infrastructure's growth strategy," said Zach Vaughan, chief executive officer of Vital Infrastructure. "East New York Health Hub is a modern, institutional-quality, multidisciplinary health care facility located in a high-barrier market and leased to one of New York's largest health care networks. The acquisition further strengthens the resilience and quality of our portfolio while expanding our presence in a key U.S. market."

About Vital Infrastructure Property Trust

Vital Infrastructure provides investors with access to a portfolio of high-quality international health care real estate infrastructure. As at March 31, 2026, the REIT held interests in a diversified portfolio of 134 income-producing properties totalling 13.1 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe and Australia. The REIT's portfolio of outpatient, inpatient and other health research facilities is characterized by long-term indexed leases and stable occupancies. Vital Infrastructure leverages its global work force in six countries to serve as a long-term real estate partner to leading health care operators.

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