Adventus Third Quarter 2012 Update to Investors

November 29, 2012

Adventus Realty Trust (the Trust) is pleased to provide the third quarter 2012 update to our investors. During the quarter, we have focused on a number of initiatives communicated in our second quarter mail out letter. These include increasing our ownership percentage and profitability of the Elgin Chase Campus (our first property), moving forward on the acquisition of our second property, and sourcing additional equity capital for the purpose of taking Adventus public in 2013.

We have now closed on an additional 6.5% ownership interest (to increase our interest to 61.5%) in the Elgin Chase Campus, and have also extended our option to acquire an additional 17.7% of the Campus (to bring our total ownership to just less than 80%) until the end of December, 2012.

We have commenced steps to review refinancing of the Elgin Chase Campus, as we have determined that long-term interest rates have declined since our initial acquisition. We will look to refinance the property in 2013, to take advantage of this opportunity to increase our profitability.

Throughout the third quarter, we have focused on raising sufficient equity to acquire additional office buildings, and to take Adventus public in 2013. As previously communicated, our plan is to raise funds of between $20-25M as quickly as possible in order to expedite our plan.

In order to enhance our Board of Directors for the IPO process, Messrs Bill LeClair and Greg Cameron were added to the Board of Adventus Capital Partners Ltd. on September 24, 2012. Please welcome these individuals, at your earliest convenience, because we are very fortunate to have such high quality individuals joining our board at this point in time.
Currently, we have one property in suburban Chicago to be acquired for approximately $33M, subject to due diligence (expiring at the end of December, 2012). As this property will require significant equity financing, we are currently arranging sufficient equity capital in the fourth quarter of 2012 in order to acquire it in early 2013. We will report further on this topic in our next quarterly mail out letter.

In August 2012, Mr. Jamie Dimon, CEO of JPMorgan Chase Bank (our major tenant at Elgin Chase Campus), held an important town hall meeting at our Elgin Chase Campus for approximately 2500 Chase employees. This was a very significant event in the Chase community and some of our Adventus people attended as well. Having such a high profile tenant and Mr. Jamie Dimon attend, helped raise our stature in the local business community.

Finally, we are making a 2% distribution (or 8% per annum) for the third quarter 2012, payable to unit holders of record as of September 30, 2012, and we advised our Disbursements Agent (Equity Financial Trust) to distribute these amounts to you on November 25, 2012. In this regard, we are also including in this mail out the September 30, 2012 financial statements of the Trust for your information.

We trust that our third quarter of operations have met your expectations. We will continue to work diligently on your behalf to move Adventus forward towards our goal for profitable growth.



Per: Rodney B. Johnston, FCA

Investors News Releases Adventus Third Quarter 2012 Update to Investors