Jones Lang LaSalle Income Property Trust, Inc. · NASDAQ:ZIPTAX
Jones Lang LaSalle Income Property Trust — JLL Income Property Trust — Investor Presentation (August 2025)
34 slides from Jones Lang LaSalle Income Property Trust's investor presentation, August 2025
Slide 1: Investor Presentation
JLLIPT.COM Q2 2025 Investor Presentation This sales and advertising literature is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus. This literature must be read in conjunction with the prospectus in order to fully understand all of
Slide 2: Risk Factors
Risk Factors SUMMARY OF RISK FACTORS FORWARD- LOOKING You should read the prospectus carefully for a description of the risks associated with an investment in JLL Income Property Trust STATEMENT DISCLOSURE (“JLLIPT”). Some of these risks include but are not limited to the following: • Since there is
Slide 3: Section 1 JLL Platform
Southeast Phoenix Distribution Center Chandler, AZ Section 1 JLL Platform Section 2 Core Real Estate Section 3 Portfolio Overview Section 4 Appendix NOT FOR USE WITH OHIO OR NEW JERSEY RESIDENTS. 3
Slide 4: JLL: We shape the future of real estate
We shape the future of real estate for a better world 1 250 YEARS 300 OFFICES 112,000 EMPLOYEES NYSE: JLL REAL ESTATE OPERATING IN 80 COUNTRIES WORLDWIDE PUBLICLY TRADED EXPERIENCE SPANNING 5 CONTINENTS COMPANY CAPABILITIES AWARDS • Leasing • Property and Facility Management • Advisory, Consulting a
Slide 5: Sponsor
Over 250 years of Total AUM1 Real Estate and Investment Sponsor Advisor $84.9B Management Experience.1 • 3B square feet in property and Core Real Estate facilities management $47.2B • 41,300 leasing transactions • $186B of client transactions 40+ years of experience exclusively in real estate2 Sourc
Slide 6: Section 2 Core Real Estate
Jefferson Lake Howell Orlando, FL Section 1 JLL Platform Section 2 Core Real Estate Section 3 Portfolio Overview Section 4 Appendix NOT FOR USE WITH OHIO OR NEW JERSEY RESIDENTS. 6
Slide 7: Real Estate is the Third Largest Asset Class
U.S. Traded Fixed Income $54T Real Estate is U.S. Real Estate the Third Largest Publicly Traded $1.22T $22T Asset Class REIT Stocks REAL ESTATE IS A MAJOR INDUSTRY AND A SIGNIFICANT ASSET CLASS. U.S. Stock Market Source: Federal Reserve, Bureau of Economic Analysis, NAREIT, SIFMA, World Bank, Econom
Slide 8: Portfolio Diversification
Portfolio Diversification REAL ESTATE’S CORRELATION TO OTHER ASSET CLASSES Reflects 20-Year period ending Q1 2025 PRIVATE CORE LARGE CAP CORPORATE PUBLIC REAL ASSET CLASS T-BILLS REAL ESTATE STOCKS BONDS ESTATE PRIVATE CORE REAL ESTATE 1.00 LARGE CAP STOCKS 0.03 1.00 CORPORATE BONDS (0.30) 0.44 1.00
Slide 9: Risk-Adjusted Returns
Risk-Adjusted Returns PRIVATE CORE REAL ESTATE VERSUS OTHER ASSET CLASSES Reflects 20-Year period ending Q1 2025 AVERAGE ANNUAL TOTAL RETURN STANDARD DEVIATION1 SHARPE RATIO2 PRIVATE CORE REAL ESTATE 6.3% 7.4% 0.63 PUBLIC REAL ESTATE 7.6% 22.0% 0.27 CORPORATE BONDS 4.3% 6.6% 0.40 LARGE CAP STOCKS 10
Slide 10: Private Real Estate Has Historically Offered Less Volatility
Private Real Estate Has Historically Offered Less Volatility TOTAL RETURNS, PUBLIC VS. PRIVATE REAL ESTATE 30% 20% Quarterly Total Returns 10% 0% -10% -20% -30% -40% 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Slide 11: Real Estate Income Historically Exceeds Inflation
Real Estate Income Historically Exceeds Inflation on Long-Term Basis REAL ESTATE INCOME AND INFLATION 265 REAL ESTATE INCOME 250 235 220 Index Levels, 1992 = 100 205 INFLATION 190 175 160 145 130 115 100 85 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 201
Slide 12: Real Estate Investment Styles
Real Estate Investment Styles INCOME – Lower Return / Lower Risk GROWTH – Higher Return / Higher Risk RETURN CORE VALUE-ADD OPPORTUNISTIC RISK Low Leverage (30%-50%) Moderate Leverage (50%-75%) High Leverage (75%+) • Lower risk • Medium risk • Higher risk • Well-leased, stabilized assets • Assets in
Slide 13: Section 3 Portfolio Overview
Silverado Square Las Vegas, NV Section 1 JLL Platform Section 2 Core Real Estate Section 3 Portfolio Overview Section 4 Appendix NOT FOR USE WITH OHIO OR NEW JERSEY RESIDENTS. 13
Slide 14: Investment Objectives and Investment Strategy
Investment Objectives Investment Strategy To seek current income and long-term capital appreciation from Investing across property type, geographic region, and carefully selected real estate investments. tenant industry can reduce risk by spreading it across multiple holdings and markets. • Generate
Slide 15: Portfolio Overview
Creekview Crossing Sherwood, OR Portfolio Overview KEY HIGHLIGHTS $6.5B TOTAL ASSET VALUE (at fair value)1 20.2M Square Feet $4.5B NET ASSET VALUE2 8,088 Residential Units 31% 137 PROPERTIES3 Company Leverage Ratio4 28 48 97% LEASED STATES Geographic MARKETS Diversification Source: JLL Income Proper
Slide 16: Current Portfolio
Current Portfolio RESIDENTIAL 40% $2.5B 24 Apartment Communities 2,449 Single Family Rental Homes INDUSTRIAL 33% $2.1B 58 Industrial Buildings GROCERY-ANCHORED RETAIL 12% $756M 20 Shopping Centers HEALTHCARE 10% $623M 24 Healthcare Properties OFFICE 3% $167M 3 Office Properties PRIVATE REAL ESTATE C
Slide 17: Actively Managing Portfolio Diversification Over Thirteen Years
Actively Managing Portfolio Diversification Over Thirteen Years PROPERTY SECTOR ALLOCATIONS Q2 2025 40% 33% 12% 10% 3% 2% (Current) Q4 2012 25% 6% 18% 51% (Inception) Residential Industrial Grocery-Anchored Retail Healthcare Office Private Real Estate Credit Source: JLL Income Property Trust. Inform
Slide 18: Residential
Residential APARTMENT We seek to invest in residential properties located in or near employment centers or in top school districts nationwide with 24 COMMUNITIES favorable potential for employment growth with access to transportation, retail and service amenities. 2,449 SINGLE-FAMILY RENTAL HOMES (1
Slide 19: Industrial
Industrial We seek to invest in industrial properties located in major distribution hubs and near transportation modes 58 such as, airports, rail lines and major interstate highway INDUSTRIAL systems. BUILDINGS 14.2M SQUARE FEET 100% LEASED $2.1B INDUSTRIAL Elgin Distribution Center ASSETS Elgin, IL
Slide 20: Grocery-Anchored Retail
Grocery-Anchored Retail We seek investments in grocery-anchored shopping centers located within densely populated residential areas. LaSalle ranks 40,000+ grocery-anchored centers to target the best trade areas, 20 giving each location a LaSalle’s Supermarket Trade Area Rating SHOPPING CENTERS Syste
Slide 21: Healthcare
Healthcare We view the healthcare industry as having significant demographic tailwinds. We seek to invest in medical outpatient 19 5 MEDICAL LIFE and life science assets with significant tenant investments OUTPATIENT SCIENCES which we believe increases renewal probabilities over time. BUILDINGS BUIL
Slide 22: Our Sustainability Approach
Our Sustainability Approach DRIVING VALUE AND MANAGING RISK Investment performance may be impacted by physical climate hazards as well as Investment sustainability-related market and regulatory changes. Performance In doing well while doing good, we at Considering sustainability and climate risk fac
Slide 23: Investment Performance
Investment Performance TOTAL RETURNS 4.55% SINCE SHARE CLASS QTD YTD 1-YEAR 3-YEAR 5-YEAR 10-YEAR INCEPTION1 CLASS M-I SHARES 0.94% 1.80% 2.37% -4.13% 4.17% 5.12% 5.48% NET RETURN ZIPIMX CLASS A SHARES 0.73% 1.37% 1.56% -4.84% 3.43% 4.32% 4.72% NET RETURN ZIPTAX Tracking Symbols: Shares of JLL Incom
Slide 24: Consistent Distribution Growth
Consistent Distribution Growth 54 CONSECUTIVE QUARTERLY DISTRIBUTIONS – 9 DISTRIBUTION INCREASES IN 13 YEARS 8.6% $0.160 $0.150 3.6% Distribution per Share (Quarterly) 3.7% $0.140 3.8% 4.0% $0.130 4.2% 9.1% $0.120 10.0% $0.110 5.2% $0.100 $0.090 Distribution payments are not guaranteed and may be mo
Slide 25: Key Differentiators
Key Differentiators 12 yr TRACK RECORD TRACK RECORD 5.6 % ANNUALIZED 31 % COMPANY LEVERAGE RATIO2 DISTRIBUTION RATE1 Operates at a conservative, low Pioneered the Daily NAV REIT structure 54 consecutive quarterly leverage rate with 97% fixed-rate debt and has grown and operated longer distributions
Slide 26: Section 4 Appendix
Duke Medical Plaza Durham, NC Section 1 JLL Platform Section 2 Core Real Estate Section 3 Portfolio Overview Section 4 Appendix NOT FOR USE WITH OHIO OR NEW JERSEY RESIDENTS. 26
Slide 27: Rigorous and Independent Valuation Process
Rigorous and Independent Valuation Process1 EVERY PROPERTY IN THE PORTFOLIO IS EXTERNALLY VALUED AT LEAST ONCE EVERY QUARTER 1 2 3 Property valuations Appraisals are completed on Changes in property performed by an a rotational basis, meaning valuations, along with the independent valuation nearly e
Slide 28: Change in NAV
Change in Nav1 SitusAMC Arm’s Length Independent Property Appraisal Sale Price 67% of days no change 1% 23% Over the last 12+ years IPT has sold of days increase 50 properties at an aggregate value of over $1.3 billion, all trading within 1% of the last independent SitusAMC appraisal. Data as of Jun
Slide 29: Summary of Offering
Summary of Offering STRUCTURE Institutionally managed, daily valued, perpetual life real estate investment trust (REIT). SPONSOR/ADVISOR Jones Lang LaSalle Incorporated ("JLL") / LaSalle Investment Management, Inc. (“LaSalle”) $10.00 initial offering price, October 1, 2012, thereafter, based on dail
Slide 30: Investment Strategy and Tools
Investment Strategy and Tools INFORMED BY MARKET VIEWS AND ANALYSIS Benchmark Index Investment Strategy Annual Forecasts and Analysis U.S. Canada, and Global Secular Trends Analysis and Best Ideas Proprietary Market Rent & Predictive Data Analytics Vacancy Forecasts Such as LAT and STARS Retail Targ
Slide 31: Where Real Estate Experience is Found
Where Real Estate Experience is Found MANAGED BY AN EXPERIENCED TEAM OF REAL ESTATE PROFESSIONALS Board of Directors 9-member, majority independent board of directors JLL INCOME PROPERTY TRUST Research and Strategy Portfolio Team North American Investment Committee 9 professionals Allan Swaringen Se
Slide 32: JLL Income Property Trust
JLL Income Property Trust PRIVATE WEALTH GROUP Charles Murray Jon Abrahamovich HEAD OF INTERMEDIARY DISTRIBUTION HEAD OF RIA DISTRIBUTION Chicago, IL Chicago, IL (312) 897-4004 (312) 270-4568 charles.murray@lasalle.com jon.abrahamovich@lasalle.com NORTH PACIFIC PACIFIC ROCKY MOUNTAINS FLORIDA MIDWES
Slide 33: Index Definitions
INDEX DEFINITIONS assumptions and circumstances on which the valuations used in the prior mortgage funds or financing, extended vacancies of properties, changes in performance data contained herein are based. Accordingly, the actual tax and regulatory requirements (including zoning laws and environm
Slide 34: JLLIPT.COM
Jefferson Lake Howell Orlando, FL JLLIPT.COM 34
JLL Income Property Trust — Investor Presentation (August 2025) on 6ix