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GARDA PROPERTY GROUP Capital/Financing Update 2021

Sep 22, 2021

64972_rns_2021-09-22_dcca044c-1e9c-4c42-929a-466bbcba4edc.pdf

Capital/Financing Update

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GARDA Property Group

Level 21, 12 Creek Street W gardaproperty.com.au Brisbane QLD 4000 E [email protected] GPO Box 5270 P +61 7 3002 5300 Brisbane QLD 4001

23 September 2021

SETTLEMENT OF RICHLANDS ACQUISITION

GARDA Property Group is pleased to confirm that settlement of its acquisition of 56-72 Bandara Street, Richlands has occurred.

The industrial development site cost $6.8 million (plus costs) to acquire and is expected to deliver built form gross floor area of approximately 13,000 m[2] .

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For more information please contact:

Paul Brown