CENTURIA INDUSTRIAL REIT — M&A Activity 2018

Sep 12, 2018

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Australian Securities Exchange - Company Announcements Platform Centuria Property Funds No. 2 Limited CENTURIA INDUSTRIAL REIT

Receipt of indicative, non-binding and conditional proposal

Thursday, 13 September 2018

Centuria Property Funds No. 2 Limited ( CPF2L ), as Responsible Entity of Centuria Industrial REIT (ASX: CIP ) notes the announcement made by Propertylink Group ( PLG ) on 13 September 2018.

CPF2L confirms it has received an indicative, non-binding and conditional proposal from PLG.

CPF2L has formed an Independent Board Committee ( IBC ) to consider the proposal.

The IBC recommends unitholders take no action at this time.

CPF2L will provide further updates to the market as appropriate.

-Ends-

For further information, please contact:

Ross Lees

Fund Manager - CIP

Centuria Property Funds No. 2 Limited Phone: 02 8923 8923 Email: ross.lees@centuria.com.au

About Centuria Property Funds No. 2 Limited

Centuria Property Funds No. 2 Limited (CPF2L), is the Responsible Entity for the ASX-listed Centuria Industrial REIT (CIP).

CIP is Australia’s largest ASX-listed income focused industrial investment vehicle and is included in the S&P/ASX 300 Index. CIP owns a portfolio of 38 high quality industrial assets with a value of approximately $1.0 billion, the properties are located in key metropolitan locations throughout Australia.

CPF2L, combined with Centuria Property Funds Limited (CPFL) are wholly owned subsidiaries of Centuria Capital Group (CNI) and have approximately $4.0 billion of assets under management across 15 unlisted property funds, one open-ended diversified property fund and two listed REITs.

CNI is an ASX-listed specialist investment manager with approximately $4.9 billion in assets under management.

www.centuria.com.au

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