ABACUS GROUP — Capital/Financing Update 2019

Sep 1, 2019

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• 2 September 2019

Self Storage Acquisitions Update

Abacus Property Group (“Abacus”) (ASX:ABP) is pleased to announced it has exchanged contracts for the acquisition of five Self Storage properties for $57 million with settlement anticipated by calendar year end.

The acquisition comprises:

• Four purpose-built Storage King facilities located in metropolitan Perth, Australia and Auckland, New Zealand. (Sourced off market via the Storage King relationship)

• One metropolitan Sydney development site to accommodate a future multi-level facility. (Sourced on market)

These transactions align with our strategic priorities and support Abacus’ transition to a strong asset backed, annuity style business model.

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INVESTOR & MEDIA ENQUIRIES Cynthia Rouse Head of Investor Relations (+61) 2 9253 8600 abacusproperty.com.au

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