Distributions and Repurchase Offers

DISTRIBUTION CALENDAR

Griffin Institutional Access Real Estate Fund’s (the “Fund”) policy is to pay distributions to shareholders on a quarterly basis. The following table lists the distribution schedule for 2018. Unless the registered owner of the shares elects to receive cash, all dividends declared on shares will be automatically reinvested in additional shares of the Fund.

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Paid to shareholders As of 3/22/18 As of 6/21/18 As of 9/20/18 As of 12/20/18
Payable on 3/30/18 6/29/18 9/28/18 12/28/18
Ex-date / Reinvest date 3/23/18 6/22/18 9/21/18 12/21/18

REPURCHASE OFFER SCHEDULE*

The Fund provides periodic liquidity to shareholders by offering to repurchase shares each quarter. By law, the Fund offers to repurchase at least five percent of outstanding shares each repurchase period. The following table lists the repurchase offer schedule for 2018. Shareholders will be notified in writing prior to each repurchase period and receive a letter with repurchase instructions and deadlines. Shareholders may choose to disregard the letter, or they may choose to redeem shares.

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Available to shareholders As of 3/20/18 As of 6/19/18 As of 9/18/18 As of 12/14/18
Repurchase offer begins 3/30/18 6/29/18 9/28/18 12/28/18
Repurchase offer deadline 5/2/18 8/3/18 11/6/18 2/6/19
Repurchase payment 5/9/18 8/10/18 11/6/18 2/13/19

*Dates are tentative and subject to change. Generally, the repurchase window will open on the last day of the calendar quarter and will remain open for 30‐40 days. The specific details of each repurchase offer are included in Form N-23c-3, which is filed with the Securities and Exchange Commission.

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The Griffin Institutional Access™ Real Estate Fund website is available for use subject to its Terms and Conditions and our Privacy Policy. Please click on the highlighted terms to review these. To review a summary of the Risk Factors related to an investment in the Griffin Institutional Access™ Real Estate Fund program click here.

This material must be read in conjunction with the applicable prospectus in order to understand all the implications and risks of any offering of securities to which the material relates. If you have not previously reviewed a prospectus, click here. Otherwise, to proceed, agree to the Terms and Conditions and Privacy Policy of this website.