US Real Estate Acquisition

JZ CAPITAL PARTNERS EXPANDS U.S. REAL ESTATE PORTFOLIO WITH THREE ACQUISITIONS ~ JZCP makes its first real estate investment in Miami, Florida ~ 2 February 2015 JZ Capital Partners Limited (LSE:JZCP.L or "JZCP"), the London listed privateequity fund that invests in high quality US and European microcap companies andUS real estate, has expanded its real estate portfolio by makingthree acquisitions alongside its long-term real estate partner, RedSky Capital,LLC ("RedSky"). JZCP and RedSky acquired 184-186 and 204-206 Bedford Avenue, two separateproperties located in the Williamsburg neighbourhood of Brooklyn, New York. Theproperties feature frontages of 50 ft. and 40 ft., respectively, on BedfordAvenue, the street with the highest footfall in Williamsburg, and a combined20,850 sq. ft. of build-to-suit multi-level retail space. The combined purchaseprice for the two properties was $39.7 million. JZCP and RedSky have also adopted their proven value-orientated approach to realestate investment outside of New York for the first time, entering into theproperty market in Miami, Florida, specifically the Wynwood neighbourhood, whererapidly increasing retail rents amid a thriving arts sceneprovide veryattractive investment opportunities. The initial design for theacquisition of 2407 NW 2nd Avenue featuresapproximately 25,000 sq. ft. of prime retail and flexible office space at themost important intersection in the Wynwood neighbourhood of Miami, with anadditional 50,000 buildable sq. ft. providing optionality for futuredevelopment of residential, office or hotel space. The purchase price for theproperty was $10.6 million. David Zalaznick, JZCP's Founder and Investment Adviser, commented: "We continueto see attractive real estate opportunities in the U.S., particularly inoff-market assets with compelling value-add opportunities. The latestinvestments are a continuation of that strategy, and we are delighted to expandinto Miami's Wynwood neighbourhood, which draws strong parallels tothe rich,urban ecosystem of Williamsburg, Brooklyn. "Over the past decade, Wynwood has seen an increasing trend of propertyrestoration and regeneration, transitioning what was once a primarilycommercial area into a vibrant work-live-entertainment hub, giving us furtherconfidence that this is a solid investment opportunity with significant capitalgrowth potential and secure income returns." Ends For further information: Ed Berry / Kit Dunford +44 (0) 20 3727 1143FTI Consulting David Zalaznick +1 212 4859410Jordan/Zalaznick Advisers, Inc. Andrew Maiden +44 (0) 1481 745368JZ Capital Partners About JZCP JZCP is a London listed private equity fund which invests in high quality USand European microcap companies and US real estate. Its objective is to achievea superior overall return comprised of a current yield and significant capitalappreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers,Inc. ("JZAI") which is led by David Zalaznick and Jay Jordan. They have workedtogether for 30 years and are supported by teams of investment professionals inNew York, Chicago, London and Madrid. JZAI's experts work with the existingmanagement of microcap companies to help build better businesses, create valueand deliver strong returns for investors. JZCP also invests in mezzanine loans,first and second lien investments and other publicly traded securities. Formore information please visit www.jzcp.com.