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Griffin Capital Essential Asset REIT II terminates IPO share repurchase program

The board of diversified real estate investment trust Griffin Capital Essential Asset REIT II Inc. approved the termination of one share redemption program, while announcing amendments to another program.

The company currently operates two programs, one for holders of class A, class AA and class AAA shares, also referred to as the IPO redemption program, and one for holders of class T, class S, class D and class I shares.

The board terminated the IPO redemption program and amended the other program in order to allow owners of the IPO shares to utilize it.