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BLACKWALL LIMITED Capital/Financing Update 2016

Apr 17, 2016

64590_rns_2016-04-17_c0f17b19-2543-4c72-a3ad-158812160bdf.pdf

Capital/Financing Update

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18 April 2016

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ASX Release

BWF

Pr r rchase in Fortitude Vall ope ty pu ey

BlackWall Property Funds Limited announces the acquisition of 84 Brunswick Street in Brisbane’s Fortitude Valley. The property was purchased for $4.25 million and is the Company’s second acquisition this year. Together with the recent purchase of 217 Flinders Street in Adelaide ($2.8m), these two properties are earmarked to house BlackWall’s expanding WOTSO WorkSpace business.

BLACKWALL PROPERTY FUNDS LIMITED (ASX Code: BWF) ABN 37 146 935 131 Level 1, 50 Yeo Street, Neutral Bay, Sydney NSW 2089 Australia | PO Box 612, Neutral Bay, Sydney NSW 2089 Australia | Tel +61 2 9033 8611 | Fax +61 2 9033 8600 | www.blackwallfunds.com.au