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GDI PROPERTY GROUP Capital/Financing Update 2014

Jun 22, 2014

64974_rns_2014-06-22_49b1829b-81a5-4807-8030-b2dc3ed0e250.pdf

Capital/Financing Update

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ASX announcement ASX code: ALZ/AAZPB

23 June 2014

1 Homebush Bay Drive Building C, Level 3 Rhodes NSW 2138 02 9767 2000 PO Box 3307 Rhodes NSW 2138 australand.com.au

Australand Sells Civic Tower for $136 million

Australand today announced it, together with joint owner PFA Diversified Property Trust, has entered into an agreement with GDI Property Group for the sale of Civic Tower, Sydney for $136 million (100% interest). Australand has a 50% share of the building.

The transaction is expected to settle on or around 15 July 2014.

Issued by

Bev Booker Group Company Secretary T +61 2 9767 2000

E [email protected]

Australand Holdings Limited ABN 12 008 443 696 Australand Property Limited ABN 90 105 462 137 AFSL 231130 as responsible entity of Australand Property Trust ARSN 106 680 424 and Australand ASSETS Trust ARSN 115 338 513 Australand Investments Limited ABN 12 086 673 092 AFSL 228837 as responsible entity of Australand Property Trust No.4 ARSN 108 254 413 and Australand Property Trust No.5 ARSN 108 254 771