GDI PROPERTY GROUP — Capital/Financing Update 2017

Nov 16, 2017

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ASX ANNOUNCEMENT

17 NOVEMBER 2017

SETTLEMENT OF 66 GOULBURN STREET, SYDNEY

GDI Property Group[1] is pleased to announce that the sale of 66 Goulburn Street, Sydney, settled today.

As previously announced 66 Goulburn Street, Sydney, was sold for $252.0 million, with GDI Property Group receiving approximately $228.0 million from the sale after settlement adjustments and selling costs, a $5.0 million premium to the last independent valuation of $223.0 million and a $92.0 million premium above the July 2014 acquisition price of $136.0 million.

Media Enquiries: Steve Gillard David Williams Managing Director Chief Financial Officer +61 2 9223 4222 +61 2 9223 4222 steve@gdi.com.au david@gdi.com.au

1. GDI Property Group comprises the stapled entities GDI Property Group Limited (ACN 166 479 189) and GDI Property Trust (ARSN 166 598 161)

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