REGION GROUP — Capital/Financing Update 2014

Dec 21, 2014

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Level 5, 50 Pitt Street Sydney NSW 2000 Tel: (02) 8243 4900 Fax: (02) 8243 4999 www.scaproperty.com.au

22 December 2014

ASX ANNOUNCEMENT

Acquisition of Clemton Park Shopping Centre Sydney

SCA Property Group (“SCP”) has acquired Clemton Park Shopping Village, a neighbourhood shopping centre within an integrated mixed use project being developed by Australand, in joint venture with LaSalle Investment Management (“Joint Venture”).

The centre is located 13km south-west of Sydney CBD. Upon completion (estimated second half 2016), the centre will comprise a single stratum lot of basement parking and retail shops at ground level, anchored by a Coles supermarket (20 year lease), one mini major and 16 specialty retailers.

The purchase price is $48 million at a cap rate of 7.39% with a three year rental guarantee in place.

A deposit of $2.4m has been paid, with the balance of the purchase price of $45.6 million payable on completion of the development, expected to be in the second half of 2016.

ENDS

Media, Institutional investor and analyst, contact:

Mark Fleming CFO SCA Property Group (02) 8243 4900

Unitholders should contact SCP Information Line on 1300 318 976 (or +61 3 9415 4881 from outside Australia) with any queries.

Shopping Centres Australasia Property Group RE Limited ABN 47 158 809 851 AFS Licence 426603 as responsible entity of the Shopping Centres Australasia Property Retail Trust ARSN 160612788 and as responsible entity of the Shopping Centres Australasia Property Management Trust ARSN 160612626

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