Announcement of Suspension of Shares

11 September 2015

INVISTA EUROPEAN REAL ESTATE TRUST SICAF

(the "Company")

Announcement of Suspension of Shares

The Board of the Company announced earlier today that the standstill agreement in relation to certain ongoing events of default with regard to the mezzanine loan facility provided by Islay Investment S.à r.l., an affiliate of Blackstone Real Estate Debt Strategies, ("Islay") had been extended for an additional period to 11 September 2015.

However, notwithstanding the extension of the standstill agreement the Board is now of the view that it is unlikely that there will be any value for distribution to holders of Ordinary Shares or Preference Shares.

The Company has therefore submitted a request to the Financial Conduct Authority ("FCA"), pursuant to Listing Rule 5.3.1, for the suspension of the listings of both the Ordinary Shares and the Preference Shares (the "Suspension"). The FCA has approved the requested Suspension which will take effect immediately.

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For further information, please contact:

Tom Chandosc/o Internos Global Investors 020 7355 8800