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GARDA PROPERTY GROUP Capital/Financing Update 2017

Nov 13, 2017

64972_rns_2017-11-13_f6f69977-35e0-46bb-b454-101036969c84.pdf

Capital/Financing Update

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ASX Announcement / Media Release

GARDA Diversified Property Fund (GDF)

14 November 2017

Settlement – Botanicca Corporate Park

Further to the ASX announcement dated 10 November 2017, GARDA Capital Limited as responsible entity of GARDA Diversified Property Fund has today settled the 3,621m² land parcel located within Botanicca Corporate Park in Richmond, Melbourne.

Construction of the A-grade office building will commence soon with completion anticipated in early 2019.

-Ends-

For more information please contact:

Matthew Madsen Paul Brown Executive Chairman Manager, Investor Relations GARDA Capital Limited GARDA Capital Limited Phone: 07 3002 5300 Phone: 07 3002 5362 [email protected] [email protected]

About GARDA Diversified Property Fund (ARSN 104 391 273)

GDF is an ASX listed real estate investment trust (REIT) which invests in commercial offices in city and suburban markets as well as industrial facilities along the eastern seaboard of Australia.

GDF currently holds seven established property assets and three properties under construction independently valued at $295 million, including current unconditional contract acquisitions.

About GARDA Capital Limited

GARDA Capital Group is an ASX listed (ASX: GCM) real estate investment and funds management group. The GARDA Capital Group is co-invested in GDF holding a 9% stake.

GARDA Capital Limited is the responsible entity of GDF, is a member of the GARDA Capital Group and holds AFSL 246714 which permits it to act as the responsible entity for GDF.

Level 21, 12 Creek Street, Brisbane QLD 4000[| ] GPO Box 5270, Brisbane QLD 4001 P. (07) 3002 5300[|] F. (07) 3002 5311[|] [email protected]

www.gardacapital.com.au