GPT GROUP — Capital/Financing Update 2011

Jul 12, 2011

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Charter Hall Office Management Limited ABN 75 006 765 206 AFS Licence No. 247075 as responsible entity of Charter Hall Office REIT

ASX/MEDIA ANNOUNCEMENT

5 YEAR LEASE EXTENSION AT CITI CENTRE, SYDNEY

Wednesday, 13 July 2011

Charter Hall Office REIT (ASX:CQO) (the ‘REIT’) today announced another successful lease extension within its Australian portfolio, with Charter Hall and its joint venture partner, GPT securing a new lease to June 2016 with Gilbert & Tobin at the Citi Centre, 2 Park Street, Sydney.

Gilbert & Tobin has recommitted to approximately 9,280 square metres across 12.5% of the building until June 2016, increasing the building’s weighted average lease expiry (WALE) from 2.2 years to 3.2 years and contributing towards the Australian portfolio’s WALE increase to 4.5 years.

Charter Hall’s asset management team and GPT are focused on the active management of this Premium-grade property and the Gilbert & Tobin deal follows the recent 10 year lease agreement with Royal Bank of Canada across 2,970 square metres at the Centre.

Charter Hall Office REIT’s Chief Executive Officer, Mr Adrian Taylor, said: “The extension of the lease with highly regarded law firm Gilbert & Tobin is testament to our long standing relationship with them and the continued focus on the active management of our portfolios for the benefit of our tenants and investors.

“During the year to 30 June we reached terms on approximately 25% or over 100,000 square metres of lease commitments across our Australian portfolio, and with the improving property markets we expect to continue to capitalise on strong leasing demand for well managed high quality office buildings in Australian cities,” Mr Taylor added.

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For further information please contact:

Adrian Taylor

Jill Rikard-Bell

Chief Executive Officer Chief Operating Officer Charter Hall Office REIT Charter Hall Office REIT Tel: +61 2 8295 1024 Tel: +61 2 8295 1013 - adrian.taylor@charterhall.com.au jill.rikard bell@charterhall.com.au

About Charter Hall Office REIT

Charter Hall Office REIT is a leading listed real estate investment trust focused on investing in high grade office buildings predominantly located in major business districts across Australia and the United States. A customer focused approach to asset management drives the leasing and refurbishment initiatives with a view to maximising returns of the underlying assets.

Charter Hall Office REIT is managed by Charter Hall Group (ASX:CHC) is one of Australia’s leading fully integrated property groups, with 20 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has over $10 billion of funds under management across the office, retail, industrial and residential sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide, Perth, Warsaw and Chicago.

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 Office REIT go to www.charterhall.com.au