KBS REIT III renews advisory agreement with KBS Capital Advisors through Sept 2024

KBS Real Estate Investment Trust III, Inc.

Renewed advisory agreement effective through September 27, 2024; renewable annually by mutual consent.
Terms of renewed agreement are identical to the prior agreement; no changes in fee structure or duties.
Agreement may be terminated by either party (or for cause) with 60 days' written notice without penalty.

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