SCHEDULE III - SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2018

(Dollars in Thousands)



	Initial Costs to Company ⁽¹⁾			Costs Capitalized Subsequent to Acquisition or Lease		Total Costs
	Encumbrances	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Accumulated Depreciation⁽³⁾	Date of Construction	Date of Acquisition or Lease ⁽⁴⁾
Americas:
AT1 ATLANTA (METRO)	—	—	—	—	125,872	—	125,872	(50,601)	N/A	2010
AT2 ATLANTA (METRO)	—	—	—	—	41,058	—	41,058	(21,054)	N/A	2010
AT3 ATLANTA (METRO)	—	—	—	—	4,469	—	4,469	(2,128)	N/A	2010
AT4 ATLANTA (METRO)	—	5,400	20,209	—	7,588	5,400	27,797	(6,133)	N/A	2017
AT5 ATLANTA (METRO)	—	—	5,011	—	2,170	—	7,181	(2,248)	N/A	2017
BG1 BOGOTÁ (METRO), COLOMBIA	—	—	8,779	929	2,527	929	11,306	(1,866)	N/A	2017
BO1 BOSTON (METRO)	—	—	—	—	11,026	—	11,026	(6,920)	N/A	2010
BO2 BOSTON (METRO)	—	2,500	30,383	—	2,800	2,500	33,183	(6,602)	N/A	2017
CH1 CHICAGO (METRO)	—	—	—	—	146,693	—	146,693	(89,280)	2001	1999
CH2 CHICAGO (METRO)	—	—	—	—	108,106	—	108,106	(55,969)	2005	2005
CH3 CHICAGO (METRO)	—	9,759	—	351	295,893	10,110	295,893	(106,445)	2007	2006
CH4 CHICAGO (METRO)	—	—	—	—	22,148	—	22,148	(11,315)	2010	2009
CH7 CHICAGO (METRO)	—	670	10,564	—	2,029	670	12,593	(2,357)	N/A	2017
CU1 CULPEPER (METRO)	—	1,019	37,581	—	1,315	1,019	38,896	(6,618)	N/A	2017
CU2 CULPEPER (METRO)	—	1,244	48,000	—	1,357	1,244	49,357	(7,200)	N/A	2017
CU3 CULPEPER (METRO)	—	1,088	37,387	—	555	1,088	37,942	(5,605)	N/A	2017
CU4 CULPEPER (METRO)	—	1,372	27,832	—	31,364	1,372	59,196	(3,398)	N/A	2017
DA1 DALLAS (METRO)	—	—	—	—	66,119	—	66,119	(37,704)	2000	2000
DA2 DALLAS (METRO)	—	—	—	—	79,384	—	79,384	(25,148)	2011	2010
DA3 DALLAS (METRO)	—	—	—	—	95,891	—	95,891	(33,723)	N/A	2010
DA4 DALLAS (METRO)	—	—	—	—	17,205	—	17,205	(8,470)	N/A	2010
DA6 DALLAS (METRO)	—	—	20,522	—	139,630	—	160,152	(22,692)	2013	2012
DA7 DALLAS (METRO)	—	—	—	—	28,006	—	28,006	(7,670)	2015	2015
DA9 DALLAS (METRO)	—	610	15,398	—	699	610	16,097	(2,963)	N/A	2017
DA10 DALLAS (METRO)	—	—	117	—	4,633	—	4,750	(1,704)	N/A	2017
INFOMART BUILDING DALLAS (METRO)	—	24,380	337,643	—	5,619	24,380	343,262	(8,353)	N/A	2018
DC1 WASHINGTON, DC (METRO)	—	—	—	—	3,247	—	3,247	(825)	2007	1999
DC2 WASHINGTON, DC (METRO)	—	—	—	5,047	121,519	5,047	121,519	(93,855)	1999	1999
DC3 WASHINGTON, DC (METRO)	—	—	37,451	—	49,266	—	86,717	(48,753)	2004	2004
DC4 WASHINGTON, DC (METRO)	—	1,906	7,272	—	71,813	1,906	79,085	(50,787)	2007	2005
DC5 WASHINGTON, DC (METRO)	—	1,429	4,983	—	88,456	1,429	93,439	(60,307)	2008	2005



	Initial Costs to Company ⁽¹⁾			Costs Capitalized Subsequent to Acquisition or Lease		Total Costs
	Encumbrances	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Accumulated Depreciation⁽³⁾	Date of Construction	Date of Acquisition or Lease ⁽⁴⁾
DC6 WASHINGTON, DC (METRO)	—	1,429	5,082	—	89,795	1,429	94,877	(44,365)	2010	2005
DC7 WASHINGTON, DC (METRO)	—	—	—	—	19,765	—	19,765	(11,629)	N/A	2010
DC8 WASHINGTON, DC (METRO)	—	—	—	—	4,901	—	4,901	(4,589)	N/A	2010
DC10 WASHINGTON, DC (METRO)	—	—	44,601	—	73,924	—	118,525	(52,029)	2012	2011
DC11 WASHINGTON, DC (METRO)	—	1,429	5,082	—	179,753	1,429	184,835	(40,450)	2013	2005
DC12 WASHINGTON, DC (METRO)	—	—	101,783	—	59,152	—	160,935	(8,220)	2017	2017
DC13 WASHINGTON, DC (METRO)	—	5,500	25,423	—	3,477	5,500	28,900	(6,928)	N/A	2017
DC14 WASHINGTON, DC (METRO)	—	2,560	33,511	—	614	2,560	34,125	(5,509)	N/A	2017
DC97 WASHINGTON, DC (METRO)	—	—	2,021	—	631	—	2,652	(692)	N/A	2017
DE1 DENVER (METRO)	—	—	—	—	9,985	—	9,985	(7,988)	N/A	2010
DE2 DENVER (METRO)	—	5,240	23,053	—	27,744	5,240	50,797	(8,099)	N/A	2017
HO1 HOUSTON (METRO)	—	1,440	23,780	—	31,078	1,440	54,858	(6,880)	N/A	2017
LA1 LOS ANGELES (METRO)	—	—	—	—	106,877	—	106,877	(63,323)	2000	1999
LA2 LOS ANGELES (METRO)	—	—	—	—	10,785	—	10,785	(8,654)	2001	2000
LA3 LOS ANGELES (METRO)	—	—	34,727	3,959	21,461	3,959	56,188	(44,967)	2005	2005
LA4 LOS ANGELES (METRO)	—	19,333	137,630	—	33,753	19,333	171,383	(78,571)	2009	2009
LA7 LOS ANGELES (METRO)	—	7,800	33,621	—	5,204	7,800	38,825	(6,166)	N/A	2017
MI1 MIAMI (METRO)	—	18,920	127,194	—	88,736	18,920	215,930	(25,966)	N/A	2017
MI2 MIAMI (METRO)	—	—	—	—	23,391	—	23,391	(12,178)	N/A	2010
MI3 MIAMI (METRO)	—	—	—	—	32,056	—	32,056	(12,752)	2012	2012
MI6 MIAMI (METRO)	—	4,750	23,017	—	5,916	4,750	28,933	(5,859)	N/A	2017
NY1 NEW YORK (METRO)	—	—	—	—	70,595	—	70,595	(38,536)	1999	1999
NY2 NEW YORK (METRO)	—	—	—	17,859	198,809	17,859	198,809	(125,571)	2002	2000
NY4 NEW YORK (METRO)	—	—	—	—	346,128	—	346,128	(176,708)	2007	2006
NY5 NEW YORK (METRO)	—	—	—	—	259,184	—	259,184	(63,058)	2012	2010
NY6 NEW YORK (METRO)	—	—	—	—	73,464	—	73,464	(11,734)	2015	2010
NY7 NEW YORK (METRO)	—	—	24,660	—	169,698	—	194,358	(115,229)	N/A	2010
NY8 NEW YORK (METRO)	—	—	—	—	11,650	—	11,650	(7,426)	N/A	2010
NY9 NEW YORK (METRO)	—	—	—	—	51,918	—	51,918	(31,834)	N/A	2010
NY11 NEW YORK (METRO)	—	2,050	58,717	—	11,378	2,050	70,095	(11,926)	N/A	2017
NY12 NEW YORK (METRO)	—	3,460	10,380	—	1,631	3,460	12,011	(2,413)	N/A	2017
NY13 NEW YORK (METRO)	—	—	31,603	—	4,170	—	35,773	(6,982)	N/A	2017
PH1 PHILADELPHIA (METRO)	—	—	—	—	43,380	—	43,380	(14,553)	N/A	2010
RJ1 RIO DE JANEIRO (METRO), BRAZIL	—	—	—	—	20,167	—	20,167	(16,059)	2011	2011
RJ2 RIO DE JANEIRO (METRO), BRAZIL	—	—	2,012	1,695	51,849	1,695	53,861	(14,380)	2013	2012



	Initial Costs to Company ⁽¹⁾			Costs Capitalized Subsequent to Acquisition or Lease		Total Costs
	Encumbrances	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Accumulated Depreciation⁽³⁾	Date of Construction	Date of Acquisition or Lease ⁽⁴⁾
SE2 SEATTLE (METRO)	—	—	—	—	27,856	—	27,856	(23,013)	N/A	2010
SE3 SEATTLE (METRO)	—	—	1,760	—	97,454	—	99,214	(34,694)	2013	2011
SE4 SEATTLE (METRO)	—	4,000	12,903	—	13,032	4,000	25,935	(3,001)	N/A	2017
SP1 SÃO PAULO (METRO), BRAZIL	—	—	10,188	—	22,319	—	32,507	(23,450)	2011	2011
SP2 SÃO PAULO (METRO), BRAZIL	—	—	—	—	68,952	—	68,952	(50,007)	2011	2011
SP3 SÃO PAULO (METRO), BRAZIL	—	10,368	72,997	—	23,900	10,368	96,897	(10,451)	2017	2017
SP4 SÃO PAULO (METRO), BRAZIL	—	—	22,027	—	—	—	22,027	(4,936)	N/A	2017
SV1 SILICON VALLEY (METRO)	—	—	—	15,545	142,285	15,545	142,285	(89,903)	1999	1999
SV2 SILICON VALLEY (METRO)	—	—	—	—	151,278	—	151,278	(81,688)	2003	2003
SV3 SILICON VALLEY (METRO)	—	—	—	—	40,448	—	40,448	(35,541)	2004	1999
SV4 SILICON VALLEY (METRO)	—	—	—	—	24,946	—	24,946	(20,473)	2005	2005
SV5 SILICON VALLEY (METRO)	—	6,238	98,991	—	94,163	6,238	193,154	(63,716)	2010	2010
SV6 SILICON VALLEY (METRO)	—	—	15,585	—	29,146	—	44,731	(28,862)	N/A	2010
SV8 SILICON VALLEY (METRO)	—	—	—	—	51,200	—	51,200	(29,120)	N/A	2010
SV10 SILICON VALLEY (METRO)	—	12,646	123,594	—	81,555	12,646	205,149	(9,252)	2017	2017
SV12 SILICON VALLEY (METRO)	—	20,313	—	—	4,623	20,313	4,623	—	2015	2015
SV13 SILICON VALLEY (METRO)	—	—	3,828	—	85	—	3,913	(1,617)	N/A	2017
SV14 SILICON VALLEY (METRO)	—	3,638	5,503	—	3,375	3,638	8,878	(1,006)	N/A	2017
SV15 SILICON VALLEY (METRO)	—	7,651	23,060	—	838	7,651	23,898	(3,730)	N/A	2017
SV16 SILICON VALLEY (METRO)	—	4,271	15,018	—	646	4,271	15,664	(2,813)	N/A	2017
SV17 SILICON VALLEY (METRO)	—	—	17,493	—	2,034	—	19,527	(6,977)	N/A	2017
TR1 TORONTO (METRO), CANADA	—	—	—	—	87,819	—	87,819	(25,974)	N/A	2010
TR2 TORONTO (METRO), CANADA	—	—	21,113	—	94,362	—	115,475	(17,923)	2015	2015
OTHERS ⁽⁵⁾	—	78,242	21,304	—	39,800	78,242	61,104	(5,002)	Various	Various

EMEA:
AD1 ABU DHABI (METRO), UNITED ARAB EMIRATES	—	—	—	—	319	—	319	(56)	N/A	2017
AM1 AMSTERDAM (METRO), THE NETHERLANDS	—	—	—	—	87,687	—	87,687	(37,861)	2008	2008
AM2 AMSTERDAM (METRO), THE NETHERLANDS	—	—	—	—	80,258	—	80,258	(27,008)	2010	2008
AM3 AMSTERDAM (METRO), THE NETHERLANDS	—	—	27,099	—	126,102	—	153,201	(43,860)	2012	2011
AM4 AMSTERDAM (METRO), THE NETHERLANDS	—	—	—	—	152,650	—	152,650	(6,626)	2016	2016
AM5 AMSTERDAM (METRO), THE NETHERLANDS	—	—	92,199	—	14,059	—	106,258	(19,576)	N/A	2016



	Initial Costs to Company ⁽¹⁾			Costs Capitalized Subsequent to Acquisition or Lease		Total Costs
	Encumbrances	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Accumulated Depreciation⁽³⁾	Date of Construction	Date of Acquisition or Lease ⁽⁴⁾
AM6 AMSTERDAM (METRO), THE NETHERLANDS	—	6,616	50,876	584	65,278	7,200	116,154	(12,138)	N/A	2016
AM7 AMSTERDAM (METRO), THE NETHERLANDS	—	—	7,397	—	51,535	—	58,932	(2,378)	N/A	2016
AM8 AMSTERDAM (METRO), THE NETHERLANDS	—	—	—	—	11,125	—	11,125	(3,364)	N/A	2016
BA1 BARCELONA (METRO), SPAIN	—	—	9,443	—	1,843	—	11,286	(1,495)	N/A	2017
DB1 DUBLIN (METRO), IRELAND	—	—	—	—	3,389	—	3,389	(1,495)	N/A	2016
DB2 DUBLIN (METRO), IRELAND	—	—	12,460	—	4,384	—	16,844	(4,963)	N/A	2016
DB3 DUBLIN (METRO), IRELAND	—	3,334	54,387	294	14,917	3,628	69,304	(11,434)	N/A	2016
DB4 DUBLIN (METRO), IRELAND	—	—	26,875	—	15,608	—	42,483	(5,134)	N/A	2016
DU1 DÜSSELDORF (METRO), GERMANY	—	—	—	8,287	29,641	8,287	29,641	(18,951)	2001	2000
DX1 DUBAI (METRO), UNITED ARAB EMIRATES	—	—	—	—	87,891	—	87,891	(16,550)	2012	2008
DX2 DUBAI (METRO), UNITED ARAB EMIRATES	—	—	—	—	569	—	569	(100)	N/A	2017
EN1 ENSCHEDE (METRO), THE NETHERLANDS	—	—	—	—	30,140	—	30,140	(18,843)	2008	2008
FR1 FRANKFURT (METRO), GERMANY	—	—	—	—	4,189	—	4,189	(3,679)	N/A	2007
FR2 FRANKFURT (METRO), GERMANY	—	—	—	12,547	425,473	12,547	425,473	(110,194)	N/A	2007
FR4 FRANKFURT (METRO), GERMANY	—	11,578	9,307	1,023	76,784	12,601	86,091	(25,959)	2009	2009
FR5 FRANKFURT (METRO), GERMANY	30,310	—	—	4,044	164,611	4,044	164,611	(34,108)	2012	2012
FR6 FRANKFURT (METRO), GERMANY	—	—	—	—	135,960	—	135,960	(8,885)	2016	2016
FR7 FRANKFURT (METRO), GERMANY	—	—	43,634	—	20,621	—	64,255	(13,072)	N/A	2016
GV1 GENEVA (METRO), SWITZERLAND	—	—	—	—	8,798	—	8,798	(3,634)	2004	2004
GV2 GENEVA (METRO), SWITZERLAND	—	—	—	—	23,328	—	23,328	(19,817)	2010	2009
HE1 HELSINKI (METRO), FINLAND	—	—	—	—	3,486	—	3,486	(1,887)	N/A	2016
HE2 HELSINKI (METRO), FINLAND	—	—	—	—	1,554	—	1,554	(1,297)	N/A	2016
HE3 HELSINKI (METRO), FINLAND	—	—	—	—	13,019	—	13,019	(7,227)	N/A	2016
HE4 HELSINKI (METRO), FINLAND	—	—	29,092	—	6,383	—	35,475	(9,726)	N/A	2016
HE5 HELSINKI (METRO), FINLAND	—	—	7,564	—	5,089	—	12,653	(2,991)	N/A	2016
HE6 HELSINKI (METRO), FINLAND	—	—	17,204	1,604	25,004	1,604	42,208	(5,811)	N/A	2016
HE7 HELSINKI (METRO), FINLAND	—	7,348	6,946	—	3,573	7,348	10,519	(537)	N/A	2018



	Initial Costs to Company ⁽¹⁾			Costs Capitalized Subsequent to Acquisition or Lease		Total Costs
	Encumbrances	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Accumulated Depreciation⁽³⁾	Date of Construction	Date of Acquisition or Lease ⁽⁴⁾
HH1 HAMBURG (METRO), GERMANY	—	3,612	5,360	—	—	3,612	5,360	—	N/A	2018
IS1 ISTANBUL (METRO), TURKEY	—	—	—	—	6,412	—	6,412	(4,416)	N/A	2016
IL2 ISTANBUL (METRO), TURKEY	—	14,460	39,289	—	9,778	14,460	49,067	(1,646)	N/A	2017
LD3 LONDON (METRO), UNITED KINGDOM	—	—	—	—	16,666	—	16,666	(13,366)	2005	2000
LD4 LONDON (METRO), UNITED KINGDOM	—	—	23,044	—	111,645	—	134,689	(38,277)	2007	2007
LD5 LONDON (METRO), UNITED KINGDOM	—	—	16,412	—	173,477	—	189,889	(76,880)	2010	2010
LD6 LONDON (METRO), UNITED KINGDOM	—	—	—	—	131,113	—	131,113	(18,714)	2015	2013
LD7 LONDON (METRO), UNITED KINGDOM	—	—	—	—	80,257	—	80,257	(4)	2018	2018
LD8 LONDON (METRO), UNITED KINGDOM	—	—	107,544	—	26,273	—	133,817	(22,468)	N/A	2016
LD9 LONDON (METRO), UNITED KINGDOM	—	—	181,431	—	77,537	—	258,968	(36,890)	N/A	2016
LD10 LONDON (METRO), UNITED KINGDOM	—	—	40,251	—	103,274	—	143,525	(6,805)	N/A	2017
LS1 LISBON (METRO), PORTUGAL	—	—	7,374	3,540	2,036	3,540	9,410	(1,234)	2017	2017
MA1 MANCHESTER (METRO), UNITED KINGDOM	—	—	—	—	8,136	—	8,136	(2,674)	N/A	2016
MA2 MANCHESTER (METRO), UNITED KINGDOM	—	—	—	—	10,038	—	10,038	(3,983)	N/A	2016
MA3 MANCHESTER (METRO), UNITED KINGDOM	—	—	44,931	—	5,147	—	50,078	(14,266)	N/A	2016
MA4 MANCHESTER (METRO), UNITED KINGDOM	—	—	6,697	—	1,639	—	8,336	(4,778)	N/A	2016
MD1 MADRID (METRO), SPAIN	—	—	7,917	—	—	—	7,917	(1,766)	N/A	2017
MD2 MADRID (METRO), SPAIN	—	—	40,952	—	13,829	—	54,781	(10,453)	N/A	2017
ML2 MILAN (METRO), ITALY	—	—	—	—	18,270	—	18,270	(5,538)	N/A	2016
ML3 MILAN (METRO), ITALY	—	—	—	3,639	39,064	3,639	39,064	(9,830)	N/A	2016
ML4 MLAN (METRO), ITALY	—	—	—	—	8,218	—	8,218	(3,628)	N/A	2016
MU1 MUNICH (METRO), GERMANY	—	—	—	—	23,757	—	23,757	(14,145)	N/A	2007
MU3 MUNICH (METRO), GERMANY	—	—	—	—	2,525	—	2,525	(1,210)	2010	2010
PA1 PARIS (METRO), FRANCE	—	—	—	—	31,246	—	31,246	(21,338)	N/A	2007
PA2 & PA3 PARIS (METRO), FRANCE	—	—	29,615	25,820	283,451	25,820	313,066	(112,946)	2010	2007
PA4 PARIS (METRO), FRANCE	—	1,701	9,503	150	226,529	1,851	236,032	(51,667)	2012	2011
PA5 PARIS (METRO), FRANCE	—	—	16,554	—	3,299	—	19,853	(4,455)	N/A	2016
PA6 PARIS (METRO), FRANCE	—	—	—	—	64,821	—	64,821	(19,377)	N/A	2016
PA7 PARIS (METRO), FRANCE	—	—	—	—	17,399	—	17,399	(5,632)	N/A	2016



	Initial Costs to Company ⁽¹⁾			Costs Capitalized Subsequent to Acquisition or Lease		Total Costs
	Encumbrances	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Accumulated Depreciation⁽³⁾	Date of Construction	Date of Acquisition or Lease ⁽⁴⁾
PA8 PARIS (METRO), FRANCE	—	—	—	—	47,649	—	47,649	—	2018	2018
SA1 SEVILLE (METRO), SPAIN	—	—	1,567	—	—	—	1,567	(905)	N/A	2017
SK1 STOCKHOLM, (METRO), SWEDEN	—	—	15,495	—	6,283	—	21,778	(5,665)	N/A	2016
SK2 STOCKHOLM, (METRO), SWEDEN	—	—	80,148	7,117	46,719	7,117	126,867	(14,764)	N/A	2016
SK3 STOCKHOLM, (METRO), SWEDEN	—	—	—	—	14,556	—	14,556	(2,878)	N/A	2016
SO1 SOFIA (METRO), BULGARIA	—	—	5,236	—	1,547	—	6,783	(1,270)	N/A	2016
SO2 SOFIA (METRO), BULGARIA	—	2,775	—	—	8,814	2,775	8,814	—	N/A	2017
WA1 WARSAW (METRO), POLAND	—	—	5,950	—	7,138	—	13,088	(4,007)	N/A	2016
WA2 WARSAW (METRO), POLAND	—	—	4,709	—	7,833	—	12,542	(2,546)	N/A	2016
WA3 WARSAW (METRO), POLAND	—	2,819	—	—	6,705	2,819	6,705	(1)	N/A	2017
ZH1 ZURICH (METRO), SWITZERLAND	—	—	—	—	12	—	12	—	N/A	2007
ZH2 ZURICH (METRO), SWITZERLAND	—	—	—	—	3,323	—	3,323	(2,543)	2003	2002
ZH4 ZURICH (METRO), SWITZERLAND	—	—	11,284	—	31,778	—	43,062	(26,376)	2010	2009
ZH5 ZURICH (METRO), SWITZERLAND	—	—	—	7,918	88,981	7,918	88,981	(18,350)	2013	2009
ZW1 ZWOLLE (METRO), THE NETHERLANDS	—	—	—	—	9,860	—	9,860	(5,925)	2008	2008
OTHERS ⁽⁵⁾	—	16,933	7,018	16,149	24,847	33,082	31,865	(4,005)	Various	Various

Asia-Pacific:
AE1 ADELAIDE (METRO), AUSTRALIA	—	2,663	1,015	—	745	2,663	1,760	(148)	N/A	2018
BR1 BRISBANE (METRO), AUSTRALIA	—	3,170	1,053	—	827	3,170	1,880	(68)	N/A	2018
CA1 CANBERRA (METRO), AUSTRALIA	—	—	18,410	—	321	—	18,731	(573)	N/A	2018
HK1 HONG KONG (METRO), CHINA	—	—	—	—	147,895	—	147,895	(87,393)	N/A	2003
HK2 HONG KONG (METRO), CHINA	—	—	—	—	285,083	—	285,083	(99,612)	2011	2010
HK3 HONG KONG (METRO), CHINA	—	—	—	—	134,081	—	134,081	(60,527)	N/A	2012
HK4 HONG KONG (METRO), CHINA	—	—	—	—	10,593	—	10,593	(5,818)	N/A	2012
HK5 HONG KONG (METRO), CHINA	—	—	70,002	—	38,903	—	108,905	(4,225)	2017	2017
ME1 MELBOURNE (METRO), AUSTRALIA	—	14,977	—	—	81,609	14,977	81,609	(13,909)	2013	2013
ME2 MELBOURNE (METRO), AUSTRALIA	—	—	—	—	25,141	—	25,141	—	N/A	2018



	Initial Costs to Company ⁽¹⁾			Costs Capitalized Subsequent to Acquisition or Lease		Total Costs
	Encumbrances	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Land	Buildings and Improvements ⁽²⁾	Accumulated Depreciation⁽³⁾	Date of Construction	Date of Acquisition or Lease ⁽⁴⁾
ME4 MELBOURNE (METRO), AUSTRALIA	—	3,437	84,175	—	2,499	3,437	86,674	(4,407)	N/A	2018
ME5 MELBOURNE (METRO), AUSTRALIA	—	6,678	4,094	—	1,586	6,678	5,680	(445)	N/A	2018
OS1 OSAKA (METRO), JAPAN	—	—	14,876	—	66,296	—	81,172	(18,931)	2013	2013
PE1 PERTH (METRO), AUSTRALIA	—	1,352	1,337	—	363	1,352	1,700	(64)	N/A	2018
PE2 PERTH (METRO), AUSTRALIA	—	—	16,327	—	5,685	—	22,012	(1,129)	N/A	2018
SG1 SINGAPORE (METRO)	—	—	—	—	177,270	—	177,270	(111,655)	N/A	2003
SG2 SINGAPORE (METRO)	—	—	—	—	333,964	—	333,964	(164,156)	2008	2008
SG3 SINGAPORE (METRO)	—	—	34,844	—	196,081	—	230,925	(29,083)	2013	2013
SH2 SHANGHAI (METRO), CHINA	—	—	—	—	4,529	—	4,529	(1,643)	2012	2012
SH3 SHANGHAI (METRO), CHINA	—	—	7,066	—	10,137	—	17,203	(5,075)	2012	2012
SH5 SHANGHAI (METRO), CHINA	—	—	11,284	—	20,792	—	32,076	(9,650)	2012	2012
SH6 SHANGHAI (METRO), CHINA	—	—	16,545	—	25,353	—	41,898	(2)	N/A	2017
SY1 SYDNEY (METRO), AUSTRALIA	—	—	—	—	25,435	—	25,435	(14,709)	N/A	2003
SY2 SYDNEY (METRO), AUSTRALIA	—	—	3,080	—	32,721	—	35,801	(21,601)	2008	2008
SY3 SYDNEY (METRO), AUSTRALIA	—	—	8,712	—	140,590	—	149,302	(60,057)	2010	2010
SY4 SYDNEY (METRO), AUSTRALIA	—	—	—	—	142,633	—	142,633	(18,167)	2015	2014
SY5 SYDNEY (METRO), AUSTRALIA	—	82,372	—	—	56,969	82,372	56,969	—	N/A	2018
SY6 SYDNEY (METRO), AUSTRALIA	—	8,890	64,197	—	1,889	8,890	66,086	(2,283)	N/A	2018
SY7 SYDNEY (METRO), AUSTRALIA	—	2,754	47,350	—	1,335	2,754	48,685	(1,612)	N/A	2018
SY8 SYDNEY (METRO), AUSTRALIA	—	—	1,073	—	161	—	1,234	(190)	N/A	2018
TY1 TOKYO (METRO), JAPAN	—	—	—	—	22,793	—	22,793	(13,513)	2000	2000
TY2 TOKYO (METRO), JAPAN	—	—	—	—	85,585	—	85,585	(61,682)	2007	2006
TY3 TOKYO (METRO), JAPAN	—	—	—	—	75,837	—	75,837	(35,231)	2010	2010
TY4 TOKYO (METRO), JAPAN	—	—	—	—	56,585	—	56,585	(20,562)	2012	2012
TY5 TOKYO (METRO), JAPAN	—	—	102	—	56,973	—	57,075	(8,431)	2014	2014
TY6 TOKYO (METRO), JAPAN	—	—	37,941	—	18,779	—	56,720	(19,544)	N/A	2015
TY7 TOKYO (METRO), JAPAN	—	—	13,175	—	5,253	—	18,428	(8,356)	N/A	2015
TY8 TOKYO (METRO), JAPAN	—	—	53,848	—	13,256	—	67,104	(16,874)	N/A	2015
TY9 TOKYO (METRO), JAPAN	—	—	106,710	—	24,877	—	131,587	(40,361)	N/A	2015
TY10 TOKYO (METRO), JAPAN	—	—	69,881	—	15,842	—	85,723	(15,387)	N/A	2015
TY11 TOKYO (METRO), JAPAN	—	—	22,099	—	32,931	—	55,030	(1)	2018	2018
TY12 TOKYO (METRO), JAPAN	—	10,285	—	—	1,001	10,285	1,001	—	N/A	2018
OTHERS ⁽⁵⁾	—	12,022	875	—	12,500	12,022	13,375	(7,600)	Various	Various
TOTAL LOCATIONS	$30,310	$492,431	$3,675,228	$138,101	$10,714,438	$630,532	$14,389,666	$(4,517,016)


⁽¹⁾	The initial cost was $0 if the lease of the respective IBX was classified as an operating lease.


⁽²⁾	Building and improvements include all fixed assets except for land.


⁽³⁾	Buildings and improvements are depreciated on a straight line basis over estimated useful live as described under described in Note 1 of the Notes to Consolidated Financial Statements in Item 8 of this Annual Report on Form 10-K.


⁽⁴⁾	Date of lease or acquisition represents the date the Company leased the facility or acquired the facility through purchase or acquisition.


⁽⁵⁾	Includes various IBXs that are under initial development and costs incurred at certain central locations supporting various IBX functions.

The aggregate gross cost of the Company's properties for federal income tax purpose approximated $21,371.3 million (unaudited) as of December 31, 2018.

The following table reconciles the historical cost of the Company's properties for financial reporting purposes for each of the years in the three-year period ended December 31, 2018 (in thousands).

Gross Fixed Assets:



	2018			2017			2016
Balance, beginning of period	$	12,947,735		$	9,855,811		$	7,871,890
Additions (including acquisitions and improvements)	2,756,218			2,508,333			2,187,306
Disposals	(289,157		)	(78,886		)	(78,607		)
Foreign currency transaction adjustments and others	(394,598		)	662,477			(124,778		)
Balance, end of year	$	15,020,198		$	12,947,735		$	9,855,811

Accumulated Depreciation:



	2018			2017			2016
Balance, beginning of period	$	(3,980,198	)	$	(3,175,972	)	$	(2,595,648	)
Additions (depreciation expense)	(882,848		)	(748,942		)	(618,970		)
Disposals	261,928			65,922			9,401
Foreign currency transaction adjustments and others	84,102			(121,206		)	29,245
Balance, end of year	$	(4,517,016	)	$	(3,980,198	)	$	(3,175,972	)