Growthpoint Interactive Half Year Report 2018

Growthpoint Properties Australia 2018 Half Year Report 14 Property portfolio overview Michael Green Head of Property Portfolio lease expiry profile (%) per financial year, by income FY21 6 FY22 20 FY23 8 FY24+ 48 FY20 12 FY19 2 FY18 2 Vacant 2 Sector diversity (%) by property value as at 31 December 2017 34% Industrial 66% Office Tenant type (%) by income, as at 31 December 2017 Listed company Government owned Private company & other 57 24 19 Annual rent review 1 (%) as at 31 December 2017 Fixed 2.00-2.99% Fixed 3.00-3.99% Fixed over 4.00% CPI CPI +1.00% 16 67 9 7 1 QLD 23.8 NPI per State / Territory ($m) for the half year ended 31 December 2017 WA 5.8 SA 8.4 NSW 28.2 VIC 34.2 ACT 4.6 TAS 1.4 25 Office properties – down from 26 at 30 June 2017 31 Industrial properties – down from 32 at 30 June 2017 1. Leases that have a minimum lease increase, typically 3%, or CPI are shown as the minimum fixed rate for the above. The Group focused on maximising the sale price for properties divested over the first half of FY18, successfully selling $91 million of assets at a significant premium to book value. Our acquisition strategy concentrated on markets we understand and see value, while solid leasing outcomes to high quality tenants continue to endorse the appeal of our property portfolio. reduced from 4% at 30 June 2017