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CHARTER HALL GROUP Capital/Financing Update 2013

Jun 27, 2013

64645_rns_2013-06-27_58d55216-1778-4751-94e5-1907e3c122cb.pdf

Capital/Financing Update

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Charter Hall Retail Management Limited ABN 46 069 709 468 AFS Licence No. 246996 as responsible entity of Charter Hall Retail REIT

ASX/MEDIA ANNOUNCEMENT

CHARTER HALL RETAIL REIT ACQUIRES SECRET HARBOUR SHOPPING CENTRE FOR $33.2 MILLION

Friday, 28 June 2013

Charter Hall Retail REIT (ASX:CQR) (the „REIT‟) today announced it has executed a contract to acquire the Secret Harbour shopping centre and adjoining vacant land south of Rockingham, Western Australia, for $33.2 million. The transaction represents an initial yield of 7.8% on the shopping centre component plus vacant land at $274 per square metre of site area.

Located approximately 50 kilometres from Perth‟s CBD, Secret Harbour is a 5,574 square metre neighbourhood shopping centre anchored by a strongly performing Woolworths supermarket with 16 specialty retailers and a Caltex Service Station. The centre is fully leased with the Woolworths lease contributing 51% of current base rent.

The property includes an additional 31,000 square metres of development land, zoned District Town Centre, providing an opportunity for expansion of the centre.

The acquisition will be funded from existing debt facilities which will be repaid with proceeds from the sale of the REIT‟s Polish assets on settlement in September 2013, confirming the REIT‟s expectations that the sale and swap restructure, combined with redeployment opportunities, will be earnings neutral.

Fund Manager, Scott Dundas, said: “The acquisition is in line with our strategy to redeploy proceeds from the recent sale of the REIT‟s Polish portfolio into high quality Australian supermarket anchored retail assets which fit our investment criteria.

“With the area‟s forecast population growth, averaging 4.6% per annum between 2013 and 2018, and the centre‟s future expansion potential, we expect Secret Harbour to contribute stable long term returns and to be a high quality addition to the REIT‟s non-discretionary portfolio of shopping centres,” Mr Dundas added.

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For further information please contact: Scott Dundas Philip Schretzmeyer Fund Manager General Manager Finance Charter Hall Retail REIT Charter Hall Retail REIT T: +61 2 8295 1009 T: +61 2 8295 1023 [email protected] [email protected] Investor enquiries: Media enquiries: Kylie Ramsden Rachel Mornington-West Head of Listed Investor Relations Head of Marketing and Communications Charter Hall Charter Hall Tel: +61 2 8295 1016 Tel: +61 2 8908 4093 - [email protected] rachel.mornington [email protected]

About Charter Hall Retail REIT

Charter Hall Retail REIT is a leading listed real estate investment trust with a portfolio of predominantly Australian high quality supermarket anchored neighbourhood and sub-regional shopping centres, with a smaller portfolio of quality shopping centres in Germany in Europe.

Charter Hall Retail REIT is managed by Charter Hall Group (ASX:CHC), one of Australia‟s leading fully integrated property groups, with over 22 years‟ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has $10 billion of funds under management across the office, retail, industrial and residential sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth. The Group‟s success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group. For further information on Charter Hall Group and Charter Hall Retail REIT go to www.charterhall.com.au.