GROWTHPOINT PROPERTIES AUSTRALIA — Earnings Release 2020

Feb 24, 2020

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25 February 2020

Appendix 4D

Results for the six months ended 31 December 2019

Results for announcement to the market

Results for announcement to the market
	Period ended	Period ended
	31-Dec-19	31-Dec-18	Change
	$m	$m	%
Revenue from ordinary activities	138.4	136.0	1.8%
Profit from ordinary activities after tax attributable to members1	96.8	86.6	11.8%
Net profit attributable to members	202.0	188.8	7.0%
Distribution to Securityholders	91.1	83.0	9.8%

Distributions

Distributions
		Franked
	Amount per	amount per
	security/unit	security	Record date
	cents	%
Interim distribution payable on 28 February 2020	10.80	0	31-Dec-19
Interim dividend payable on 28 February 2020	1.00	100	31-Dec-19
Interim distribution paid on 28 February 2019	11.40	0	31-Dec-18

Net tangible assets per stapled security

	31-Dec-19	30-Jun-19	Change
	$	$	%
Net tangible assets per stapled security	3.66	3.50	4.6

Commentary on the results is contained in the 1H20 interim report and the 1H20 presentation which have been released to the Australian Securities Exchange (ASX).

Distribution Reinvestment Plan

The Distribution Reinvestment Plan remains suspended and will not be in operation for this distribution payment.

1 In our 1H20 interim report and 1H20 presentation, profit from ordinary activities after tax attributable to members is referred to as funds from operations (FFO).

Growthpoint Properties Australia Trust ARSN 120 121 002 Growthpoint Properties Australia Limited ABN 33 124 093 901 AFSL 316409

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This announcement was authorised by Growthpoint’s Board of Directors.

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Jacqueline Jovanovski Company Secretary

For further information, please contact:

Virginia Spring

Investor Relations Manager Telephone: +61 3 8681 2933

Growthpoint Properties Australia

Level 31, 35 Collins St, Melbourne, VIC 300 growthpoint.com.au

Growthpoint provides spaces for people to thrive. For more than 10 years, we’ve been investing in high-quality industrial and office properties across Australia. Today, we own and manage 58 properties, valued at approximately $4.2 billion.

We actively manage our portfolio. We invest in our existing properties, ensuring they meet our tenants’ needs now and into the future. We are also focused on growing our property portfolio.

We are committed to operating in a sustainable way and reducing our impact on the environment.

Growthpoint is a real estate investment trust (REIT), listed on the ASX, and is part of the S&P/ASX 200. Moody’s has issued us with an investment-grade rating of Baa2 for senior secured debt.