Crystallizing Value Creation & Market Overview
REALTY INCOME
Realty Income's External Growth Opportunities
are Broad and Unconstrained
INTERNATIONAL
UNITED STATES
SOURCED VOLUME
in $ billions
International opportunities added ~30% to Realty
Income's combined sourcing volume in 2019-2021
$64
$64
$57
International Expansion
Has Accelerated Sourcing
Volume Over the Last 2
Years...
Which Resulted in
Increased Selectivity
$39
$32
$28
$30
$32
$24
$17
$13
$6
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
YTD 2021
ACQUISITION VOLUME
in $ billions
$1.9
$1.5(1)
$1.8
$1.4
$1.5
$1.3
$1.2
$1.0
$0.7
$3.7
$2.3
$3.8
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
YTD 2021
12%
2010
8%
7%
2011
SELECTIVITY
percentage of annual sourced volume acquired
6%
4%
4%
7%
7%
6%
5%
6%
4%
2012
2013
2014
2015
2016
2017
2018
2019
2020
YTD 2021
21
(1) Excluding $3.2 billion ARCT transaction.View entire presentation