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nvesting in real estate and other financial instruments involves inherent risks, including the possibility of losing principal. Past performance is not a guarantee of future returns. The value of investments and income from them can fluctuate, making it impossible to ensure the initial investment amount.

    Potential investors should be aware of specific risks associated with owning and investing in real estate, such as value fluctuations, market volatility, liquidity risks, leverage, credit risk, occupancy risk, and legal risk. These factors can lead to a decline in property value, income, or even total loss.

    International investments carry additional risks like currency fluctuations, political instability, and differing accounting standards. Data Center properties are particularly vulnerable due to their limited tenant base, which increases the risk of vacancy. Additionally, these properties may be difficult to relet or convert to other uses if needed.

    This material provides general information only and should not be considered specific investment advice. It is subject to change without notice and does not take into account individual investor objectives or financial situations. The accuracy and validity of the information presented are not guaranteed.

    The opinions expressed in this document are forward-looking and may include projections and forecasts, which are inherently uncertain. Reliance on this material is at the reader's discretion.

    This document is intended for professional clients and institutional investors only, as defined by local laws and regulations. It is issued in various jurisdictions by Principal Global Investors, LLC or its affiliates, who are regulated by relevant authorities.

    Principal Global Investors, LLC is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA), commodity pool operator (CPO), and member of the National Futures Association (NFA). Principal Funds are distributed by Principal Funds Distributor, Inc.

    This document contains copyrighted material and trade names of Principal Financial Services, Inc., its affiliates, or subsidiaries.