AMP CAPITAL INDUSTRIAL LEASING OPPORTUNITIES

AMP CAPITAL INDUSTRIAL LEASING OPPORTUNITIES April 2018

Introduction Dominic Ambriano Welcome to the April edition of our Industrial Leasing Opportunities. For those who don t know me, I am one of the Industrial s, with a portfolio covering industrial and business park assets across Queensland, New South Wales and South Australia on behalf of our pooled funds and separate mandates. I have been working in real estate for about 15 years, with the last 10 years at AMP Capital and have held positions across valuation, leasing, sustainability, investment analytics and management. Across the portfolio this year we're seeing widespread investment being channeled into our assets to ensure we are meeting our customers needs today and tomorrow. We've undertaken many capital projects to help support our leasing efforts, however more importantly to deliver a better real estate outcome and experience for our current and future customers. Some of these works have included a complete air conditioning replacement at Metro Centre in Sydney s West, cosmetic upgrades including painting and landscaping to both external and internal elements at Acacia Gate in QLD and new AMP Capital branded commercial leasing signage and way finding packages which are being rolled out across the portfolio commencing next month. Given the strength of the industrial market, current and future vacancies are at record low levels across our portfolio. In Sydney, vacancy periods in our assets have been compressing and retention rates have escalated leading to rental growth in most of the industrial markets. In Queensland, we ended 2017 in a strong position with four leases executed despite the market still being soft. Enquiry levels so far this year are good though conversion rates are still low. Lastly in Victoria, we are also seeing good leasing metrics with high retention levels and maintaining face rents. As we head into May it s a busy time of year for all of us, however I d like to reiterate that as our business partners there is always time for a catch up. I'm keen on either early morning running meetings or just plenty of coffees. As for the rest of the team, I know that they are also keen to catch up and discuss any opportunity with you also. We look forward to hearing from you. Kind regards 2

Delivering Exceptional Real Estate Experiences AMP Capital s Office & Industrial team provides specialised expertise in delivering exceptional Real Estate experiences, with a vision to be the preferred partner for our customers, clients and providers. AMP Capital is one of the largest real estate fund managers in the Asia-Pacific with more than 50 years experience in real estate investment. As a wholly-owned subsidiary of AMP Capital, AMP Capital Office & Industrial operates as a separate business entity, accountable to the owners of the assets it manages. The team is able to leverage the capabilities and global insights and ideas of AMP Capital and the AMP Group. With a portfolio of 59 assets under management, the team combines world-class experience and specialist capabilities in the management of some of Australia s most iconic commercial office buildings, office parks and industrial estates. The team s diverse range of experience and skill plays an important part in helping us deliver exceptional real estate experiences. OVER $9.5b OF ASSETS UNDER MANAGEMENT MORE THAN 1.9m SQM OF LETTABLE AREA OVER 780 CUSTOMERS 59 OFFICE AND INDUSTRIAL ASSETS IN AUSTRALIA A TEAM OF OVER 120 REAL ESTATE PROFESSIONALS * As at 31 December 2017. Includes internally managed centres and AMP Capital s share of ownership for externally managed centres. 3

Your Industrial Real Estate Partners Andrew Quade Head of Industrial - Investment Management & Development M 0412 825 909 E andrew.quade @ampcapital.com Investment Management Development Anna Maras M 0413 157 737 E anna.maras @ampcapital.com Dominic Ambriano M 0405 484 522 E dominic.ambriano @ampcapital.com Brendon Lucas Assistant Development Manager M 0403 594 613 E brendon.lucas @ampcapital.com 4

Industrial Locations NT SA Brisbane 3 properties Adelaide 1 property Sydney 20 properties Melbourne 5 properties TAS

Heading New South 01Wales - Industrial ADDRESS SUBURB STATE AREA (m2) 1-7 King Street Concord West NSW 16,580 104 Vanessa Street Kingsgrove NSW 7,056 2 Glendenning Road Glendenning NSW 21,813 Lot 2, Douglas Road Moss Vale NSW 520,000 20 Holbeche Road Arndell Park NSW 6,850 20-24 Worth Street Chullora NSW 27,209 32 Bessemer Street Blacktown NSW 20,149 32 Sargents Road Minchinbury NSW 20,059 44-50 Waterloo Road Macquarie Park NSW 7,900 52 Huntingwood Drive Huntingwood NSW 17,062 52 Lisbon Street Fairfield NSW 60,224 64 Biloela Street Villawood NSW 23.032 1B Unwin Street Rosehill NSW 11,679 Rydalmere Metro Centre, 38-46 South Street Rydalmere NSW 36,547 2-4 Park Road Rydalmere NSW 3,201 Crossroads Logistics Centre, Beech Road Casula NSW 36,811 68 Waterloo Road Macquarie Park NSW 13,520 Optus Centre, 1 Lyonpark Road Macquarie Park NSW 84,194 1 Thomas Holt Drive 3 Thomas Holt Drive 5 Thomas Holt Drive Macquarie Park NSW 13,375 13,656 12,337 Connect Corporate Centre Mascot NSW 5,640

1-7 King Street Concord West 1 King Street Concord West is a substantially redeveloped office building extending over a lower ground floor and ground floor. The site provides a child care centre and parking for 480 vehicles. The property is easily accessible by public transport with Concord West train station 100 metres from the premises. It is also within walking distance of the Bicentennial Parklands and Sydney Olympic Park. LETTABLE AREA 16,580 CLEARANCE OUTGOINGS Westpac Banking Corporation AMP Capital Managed Separate Accounts There are currently no vacancies available, however please feel free to contact the team for general property enquiries Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 7

104 Vanessa Street Kingsgrove The asset comprises a freestanding industrial building constructed in 1996. The building provides a two storey office/showroom component and rear warehouse area. The warehouse has three on grade roller shutter doors to the rear elevation with internal clearance ranging from 9.5 metres to 10.8 metres. Extensive car parking is provided at the front and rear of the property. The asset is 100% occupied by Shriro Australia and is situated in the Inner South West. Kingsgrove is an improving secondary industrial market due to its location to the M5 motorway, airport and Sydney Ports. LETTABLE AREA 7055.50 CLEARANCE 9.5m - 10.8m OUTGOINGS Shriro Australia ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 8

2 Glendenning Road Glendenning 2 Glendenning Road consists of three fully leased modern office/warehouse buildings, totaling 21,813sqm with additional development land at the rear. The buildings are designed so that the office areas are split over two levels and the warehouse clearance ranges between 8-12 metres accessed by multiple covered on grade roller shutters, raised and sunken docks with levelers. Warehouse B and C are also fitted with EFSR fire sprinklers. The estate is positioned to the north eastern corner of Glendenning Road and Woodstock Avenue within the established Glendenning Industrial Precinct. LETTABLE AREA 21,813 CLEARANCE 8-12m OUTGOINGS $19.00 Coles & Motospecs SF1 There are currently no vacancies available, however please feel free to contact the team for general property enquiries Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 9

Douglas Road Moss Vale Douglas Road, Moss Vale is a rural parcel of land that has been rezoned into an industrial usage. Moss Vale is one of the three major towns in the Southern Highlands region, located approximately 130km south of Sydney via the M5 Motorway and F5 Freeway. This site sits on a designated future industrial corridor. SITE AREA 520,000 CLEARANCE OUTGOINGS ADPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS 520,000 Vacant land Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 10

20 Holbeche Road Arndell Park 20 Holbeche Road, Arndell Park comprises a partially developed industrial site and is situated in one of Western Sydney's established industrial precincts. The property is in close proximity to the M4 & M7 motorways and offers future development opportunities. LETTABLE AREA 6,850 CLEARANCE 10 OUTGOINGS $32.00 K&K Glass WAPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 11

20-24 Worth Street Chullora Constructed in early 2000's, this industrial estate comprises three freestanding office warehouse buildings, all 100% leased to multinational companies. Located in the Inner West precinct, Chullora is a popular industrial location due to its proximity to major road transport routes including the Hume Highway, M4 and M5 motorways. The buildings range between 3.047 sqm to 15.681 sqm and all are fitted with sprinklers, roller shutter doors, hardstand and awnings. LETTABLE AREA 27,209 CLEARANCE c7m - 10m OUTGOINGS $24.00 Toll ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 12

32 Bessemer Street Blacktown Located in the Central West Industrial precinct, Bessemer Street is easily accessible to M2/ M7 and M4 motorways and major arterial roads. The property comprises three freestanding older-style industrial buildings, a newly constructed high clearance warehouse and a single level office building. Internal clearances range from 4.7 metres to 9.1 metres for the older warehouses and up to a maximum of 13.7 metres for the new warehouse. The buildings provide roller shutter access, loading dock and awnings, with 3 warehouses being sprinklered. Ancillary site improvements include on-site car parking and hardstand areas. The property is 100% leased to Snack Brands Australia. LETTABLE AREA 20,149 CLEARANCE 5m - 13.7m OUTGOINGS Snack Brands ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 13

32 Sargents Road Minchinbury The asset is located in the core industrial precinct of Minchinbury and provides immediate access to M4 Motorway and the Great Western Highway. A modern industrial facility which comprises two separate warehouse buildings that were constructed in two stages (2004 and 2006). The buildings are connected by a central breezeway and each building provides a single level office component and high clearance warehouse. Site improvements include car parking areas, hardstand areas and security gatehouse. The asset is 100% leased to Star Track Express. LETTABLE AREA 20,059 CLEARANCE 9m - 11m OUTGOINGS $19.00 Star Track Express ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 14

44-50 Waterloo Road Macquarie Park 44-50 Waterloo Road is a traditional, older style office/warehouse complex of two buildings in Sydney s established high-tech area of Macquarie Park. The property comprises two separate titles, has three street frontages and is located within walking distance of Macquarie Park railway station and major bus routes. Local amenity in close proximity include Lane Cove Road retail strip, Macquarie Centre and Macquarie University. It is easily accessible to Lane Cove Road, Epping Road and M2 Motorway. LETTABLE AREA 7,900 CLEARANCE c.6m OUTGOINGS $57.00 - $137.56 Ebet ADPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS 50 Waterloo Road 173.00 $265.00 - $275.00 $137.56 Yes - 24 spaces Recently refurbished with spec fit out available. 173 sqm remaining Geoff Hunt CBRE M 0439 963 623 E geoff.hunt@cbre.com.au Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 15

52 Huntingwood Drive Huntingwood The asset comprises a circa 1999 industrial facility which provides good quality high clearance warehouse accommodation and recently refurbished two level office component. The warehouse has loading access from two elevations and is fitted out with a mechanical ventilation system providing temperature controlled accommodation with the roof of the warehouse replaced in 2016. The asset is 100% occupied by DHL. Huntingwood is an established industrial location with excellent links to major arterial roads including the M5 and M7 Motorways. LETTABLE AREA 17,062 Yes CLEARANCE 8m - 12m OUTGOINGS $25.00 DHL ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 16

52 Lisbon Street Fairfield A modern industrial distribution facility constructed in 2005 providing high clearance warehouse and office accommodation. The building provides an internal clearance from 11.6 metres to 12.7 metres, 57 angled raised docks and 6 on grade docks The building is currently configured as two tenancies. Fairfield is located in the Inner West Industrial precinct and is afforded easy access to Woodville Road, the Horsley Drive and M4 Motorway. LETTABLE AREA 60,233.60 CLEARANCE 11.6m- 12.7m OUTGOINGS $16.50 DB Schenker and Fantastic Furniture ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 17

64 Biloela Street Villawood Constructed in two stages the property provides an older style low clearance manufacturing warehouse plus a more modern high clearance warehouse building. Villawood is an established industrial precinct in Sydney's South West. It is easily accessible to Woodville Road, Hume Highway and the M4 and M5 Motorway. LETTABLE AREA 23,304 Yes CLEARANCE 3.5m - 10.5m OUTGOINGS $19.00 Visy Industrial Plastics Packaging ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 18

1B Unwin Street Rosehill 1B Unwin Street, Rosehill is an industrial holding within the Rosehill Industrial Precinct. Erected on the property is a range of office/warehouse industrial buildings together with hardstand and car parking areas. The property has approx 15,000sqm of surplus land on the north western corner of the site. The surplus land has a number of buildings erected on it that are being demolished to create hardstand usage. The site is situated upon the Camellia peninsula which is currently the subject of an urban renewal study. LETTABLE AREA 11,678 15,000 CLEARANCE 8-11m OUTGOINGS $46.00 CHEP, IMCD WAPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS Hardstand 12,000 $40.00 Currently under offer Hardstand 6,000 $40.00 Surplus land for hardstand storage available August 2018 Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 19

Rydalmere Metro Centre 38-46 South Street, Rydalmere Rydalmere Metro Centre is a modern, high tech industrial estate comprising 31 office warehouse units and a three level office building over 39,748 square metres. It also comprises a heritage listed former residence converted for office use and a café. Rydalmere is approximately 22kms west of the Sydney CBD and provides easy access to Victoria Road, Silverwater Road, the Parramatta Rivercat terminal and is located nearby to the CBD of Parramatta. LETTABLE AREA 36,547 CLEARANCE 7-12m OUTGOINGS $36.00 Tyco, Imaxen, Idexx Laboratories ADPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS Unit 13 865.40 $155.00 $36.00 Yes 12 Available August 2018 Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com Tim Paxton GJS Property - Leasing Agent M 0432 760 274 E tim@gjsproperty.com.au Barry Johnston Balmoral Partners - Leasing Agent M 0412 606 030 E barry@balmoralpartners.com.au 20

2-4 Park Road Rydalmere The property comprises two smaller industrial units under one roof adjoining the Rydalmere Metro Centre. Each unit has a separate street address and exclusive access to office and warehouse facilities, offering essentially free-standing characteristics to tenants despite the common wall joining the units. 2-4 Park Road is some 22kms west of the Sydney CBD and provides easy access to Victoria Road, Silverwater Road, the Parramatta Rivercat terminal and is located nearby to the CBD of Parramatta. The site is currently leased to Australia Post and Tremco. LETTABLE AREA 3,201 CLEARANCE 10m OUTGOINGS $52.00 Australia Post, Tremco ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 21

Crossroads Logistics Centre - Precinct A 260 Beech Road, Casula Electrolux Home Products - Australia and New Zealand is a global leader in household and professional appliances. Their move to Crossroads Logistics Centre was a strategic and necessary move to accommodate their growing business. GLA OFFICE 2,785 GLA WAREHOUSE 20,125 CAR PARKING 181 cars LEASE COMMENCEMENT 3rd quarter 2018 LEASE TERM MAJOR TENANT 10 years Electrolux Home Products ADPF Brendon Lucas Assistant Development Manager M 0403 594 613 E brendon.lucas@ampcapital.com 22

Crossroads Logistics Centre - Precinct A 270 Beech Road, Casula Crossroads offers direct access to the M5 and M7 Motorways and is situated adjacent to the Crossroads Homemaker Centre. Cosentino Australia is wholly owned by the Cosentino Group (SA) a Spanish family-owned company that produces and distributes high end natural and engineered products and surfaces for the commercial and residential construction market. GLA OFFICE 500 GLA WAREHOUSE 12,000 CAR PARKING 53 cars MAJOR TENANT Cosentino ADPF Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 23

Crossroads Logistics Centre - Precinct C 280 Beech Road, Casula Crossroads offers direct access to the M5 and M7 Motorways and is situated adjacent to the Crossroads Homemaker Centre. WesTrac Pty Ltd is the NSW, ACT, WA and Northern China authorised dealer of Caterpillar earthmoving and construction equipment, parts and servicing. The facility at Crossroads Logistics Centre will be WesTrac s Sydney regional office. GLA OFFICE 1,200 GLA WAREHOUSE 3,600 GLA WORKSHOP 3,000 AREA 16,511 LEASE COMMENCEMENT 2nd quarter 2018 LEASE TERM 15 years MAJOR TENANT WesTrac ADPF Brendon Lucas Assistant Development Manager M 0403 594 613 E brendon.lucas@ampcapital.com 24

68 Waterloo Road Macquarie Park 68 Waterloo Road is located in the heart of Macquarie Park s high-tech precinct with Macquarie Shopping Centre, the Macquarie University rail station and Macquarie University all nearby. The building provides 10,522 square metres of good quality office space and 2,997 square metres of sprinklered warehouse space. The property is located on the south western side of Waterloo Road, and is located approximately 14km north west of the Sydney CBD. NLA OFFICE 10,522 NLA WAREHOUSE 2,997 CLEARANCE 9m OUTGOINGS $94.00 Fletcher Building, Hamlon ADPF / AMP Capital Managed Separate Accounts There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 25

Optus Centre 1 Lyonpark Road, Macquarie Park The Optus Centre is located approximately 14 kms north-west of the Sydney CBD in Macquarie Park. 100% occupied by Optus the campus comprises six office buildings with a Net Lettable Area of 84,191 sqm and 2,100 car spaces. The buildings vary in height from four to five levels with most inter-ed and are configured around a large central landscaped green space. The complex was completed in April 2007 and has a 5 star NABERS Energy rating. Onsite amenities include a gym, childcare centre and various cafe/retail spaces. The property is well serviced by public transport with bus routes and train station a five minute walk away. It is also easily accessible by nearby major road arterials the M2 Motorway, Epping and Lane Cove Roads. It is owned jointly with Stockland Trust Management Limited. LETTABLE AREA 84,194 CLEARANCE OUTGOINGS Optus 49% AA-RREIT There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 26

1 Thomas Holt Drive Office Park Macquarie Park Surrounded by extensive parklands, Thomas Holt Drive is a landmark office park in Macquarie Park. Thomas Holt Drive comprises three office buildings located on an exclusive street accessed by Waterloo Road. All three buildings have outstanding city and district views. Macquarie Park is now the second largest office CBD in NSW. It is a prominent and progressive precinct, home to many Australian and International companies. Thomas Holt Drive Office Park is in close proximity to Macquarie Centre, Macquarie University, cafes, gyms and childcare centres. The Office Park is well connected to major transport infrastructure. It is easily accessible to Macquarie Park train station, major bus routes, Macquarie Park and Sydney's road network including M2 motorway, Lane Cove Road and Epping Road. LETTABLE AREA 13,375 CLEARANCE OUTGOINGS $86.00 Metcash ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 27

3 Thomas Holt Drive Office Park Macquarie Park Surrounded by extensive parklands, Thomas Holt Drive is a landmark office park in Macquarie Park. Thomas Holt Drive comprises three office buildings located on an exclusive street accessed by Waterloo Road. All three buildings have outstanding city and district views. Macquarie Park is now the second largest office CBD in NSW. It is a prominent and progressive precinct, home to many Australian and International companies. 3 Thomas Holt Drive has been recently upgraded and refurbished with new chevron facade, providing abundance of natural light and city and district views. Level 5 refurbishment includes new ceiling grid, new male and female and accessible amenities. LETTABLE AREA 13,656 CLEARANCE OUTGOINGS $92.00 Foxtel, BSA ADPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS Level 2 1,401.00 $350.00 $92.00 35 spaces Available March 2018 Level 5 1,411.50 $350.00 $92.00 35 spaces Available now. 500sqm under offer. Areas for remainder of the floor available from 400sqm up with partial fit out (workstations) Jason Wright GJS Property - Leasing Agent M 0418 759 156 E jason@gjsproperty.com.au Denys Bizinger JLL - Leasing Agent M 0418 280 230 E denys.bizinger@ap.jll.com Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 28

5 Thomas Holt Drive Office Park Macquarie Park Surrounded by extensive parklands, Thomas Holt Drive is a landmark office park in Macquarie Park. Thomas Holt Drive comprises three office buildings located on an exclusive street accessed by Waterloo Road. All three buildings have outstanding city and district views. Macquarie Park is now the second largest office CBD in NSW. It is a prominent and progressive precinct, home to many Australian and International companies. Thomas Holt Drive Office Park is in close proximity to Macquarie Centre, Macquarie University, cafes, gyms and childcare centres. The Office Park is well connected to major transport infrastructure. It is easily accessible to Macquarie Park train station, major bus routes, Macquarie Park and Sydney's road network including M2 motorway, Lane Cove Road and Epping Road. 5 Thomas Holt Drive and the adjoining 'Hub' building is the Australian Head Office for Foxtel. LETTABLE AREA 12,337.20 CLEARANCE OUTGOINGS $86.00 Foxtel ADPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 29

Connect Corporate Centre Mascot Connect Corporate Centre is a mixed use development located in Mascot including three contemporary commercial buildings, a new 5 star Pullman Hotel and retail ground floor offering. Sydney Airport and the CBD are located within close proximity of the site, and the M5 Motorway and Eastern Distributor provide excellent access to all areas of Sydney. Nine bus routes service the surrounding suburbs and Mascot train station is a 350 metre walk from the estate offering services to Central Station, the domestic and international airport terminals and beyond. LETTABLE AREA 5,632 CLEARANCE OUTGOINGS Nil Nil POA Boston Scientific, Qudos Mutual WAPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS Ground floor retail suite 137.30 $550.00 POA 3 spaces Available now Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 30

Heading New South 01Wales - Industrial Developments BUILDING NAME ADDRESS SUBURB STATE AREA (m2) 2 Glendenning Road 2 Glendenning Road Glendenning NSW 20,000 Crossroads Logistics Centre Precinct B Casula NSW 27,620 Crossroads Logistics Centre Precinct C Casula NSW 4,300 20 Holbeche Road Lidco Street Arndell Park NSW 12,000

Corner Glendenning Road & Woodstock Avenue Glendenning At the rear of our asset at 2 Glendenning Road, Glendenning is a rare development opportunity in the established industrial precinct. The development land is DA approved for 2 x warehouses with the ability to be further split into two. We are also investigating options for larger warehouse users for the same development. D1 & D2 E1 & E2 GLA OFFICE 500 500 GLA WAREHOUSE 11,160 10,400 CAR PARKING 147 cars 137 cars ALPF ALPF Brendon Lucas Assistant Development Manager M 0403 594 613 E brendon.lucas@ampcapital.com Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 32

Crossroads Logistics Centre - Precinct B 245-255 Beech Road, Casula Precinct B is DA approved for a total of 27,620 sqm of warehouse and office, across two buildings. Warehouse 3 Warehouse 4 GLA OFFICE 365 485 GLA WAREHOUSE 9,000 17,770 CAR PARKING 80 cars 87 cars LEASE COMMENCEMENT Able to deliver the DA approved facility within 9 months of AFL execution Able to deliver the DA approved facility within 12 months of AFL execution ADPF ADPF Brendon Lucas Assistant Development Manager M 0403 594 613 E brendon.lucas@ampcapital.com 33

Crossroads Logistics Centre - Precinct C 290 Beech Road, Casula To be completed in the 3rd quarter of 2018 this speculative development will be situated next door to WesTrac on Precinct C. Key elements of the design are: GLA OFFICE 250-500 GLA WAREHOUSE 3,800 CAR PARKING 28 cars ESTIMATED COMPLETION 3rd quarter 2018 ADPF free standing building full height warehouse, fully sprinklered generous hardstand with additional storage areas separate truck access and car parking 10m awning 4 on-grade docks and 2 recessed docks Brendon Lucas Assistant Development Manager M 0403 594 613 E brendon.lucas@ampcapital.com 34

LAND/PRIME INDUSTRIAL Arndell Park Lidco Street, Arndell Park At the rear of our asset at 20 Holbeche Road exists a development opportunity for circa 13,500 sqm. GLA OFFICE 800 GLA WAREHOUSE 12,900 CAR PARKING 125 cars WAPF Brendon Lucas Assistant Development Manager M 0403 594 613 E brendon.lucas@ampcapital.com Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 35

Heading Victoria - 01 Industrial ADDRESS SUBURB STATE AREA (m2) 13-19 William Angliss Drive Laverton North VIC 56,112 384-394 South Gippsland Highway Dandenong VIC 12,485 202-228 Greens Road Dandenong VIC 22,586 704-744 Lorimer Street Port Melbourne VIC 25,430 Pellicano M1/M2 Industrial Estate Dandenong South VIC 145,312

VICTORIA 13-19 William Angliss Drive Laverton North LETTABLE AREA 56,112 area not available CLEARANCE 10m - 11.7m OUTGOINGS $11.00 ACI Glass William Angliss Drive is located in the well established Melbourne West industrial precinct, which is considered the industrial 'hub' of Melbourne. It is well serviced by surrounding infrastructure, in particular Melbourne's rail, sea and airports. The property has excellent access to Westgate Freeway, Princes Highway and Western Ring Road. This estate comprises 3 high quality industrial warehouses and is afforded ESFR sprinklers, hardstand and awnings. It also provides two street frontages to William Angliss Drive and Doherty's Road. The site provides additional vacant land at the rear, fronting Doherty's Road, providing future development potential. WAPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 37

VICTORIA 384-394 South Gippsland Highway Dandenong South LETTABLE AREA 12,485 CLEARANCE 8.3m - 10.3m OUTGOINGS $13.00 Dulux & Linfox Situated in the well established South East Industrial precinct, this location offers excellent access to Greens Road, South Gippsland Highway, Monash Freeway, Westernport Highway and Eastlink. 384-394 South Gippsland Highway is a stand-alone distribution facility. The warehouse is high clearance, fully sprinklered, with ongrade loading docks and a large all weather awning. The warehouse is ideally situated for warehousing and 3PL organisations. Major occupiers are testament to the success of this location and include Reece, Dulux, Kumho Tyres, and Alspec to name only a few. WAPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS Warehouse 2 12,485 $75.00 $13.00 50 spaces Under offer Gordon Code Colliers International - Leasing Agent P 03 8562 1134 M 0425 710 666 E gordon.code@colliers.com Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 38

VICTORIA 202-228 Greens Road Dandenong Situated in a well established South East Industrial precinct 202-228 Greens Road offers excellent acess to Eastlink, South Gippsland Highway and Monash Freeway. The estate comprises two separate industrial buildings: 202-214 Greens road provides good quality high clearance warehouse with minimum 10m clearance. The warehouse is afforded 5 on grade docks, two of which are fully enclosed, sprinklered and extensive hardstand. LETTABLE AREA 22,586 c 10,000 CLEARANCE OUTGOINGS 10m 17sqm Allied Pickfords & Zirco WAPF 216-228 Greens Road provides good quality high clearance warehouse with adjoining office. The warehouse is afforded a minimum clearance of 10 metres with 9 on grade docks, a large fully sprinklered awning and extensive hardstand. There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 39

VICTORIA 704-744 Lorimer Street Port Melbourne The property is located in the well sought after Fishermens Bend precinct of Port Melbourne. This precinct is located in close proximity to Melbourne's CBD and Port of Melbourne with excellent connectivity to the Westgate Freeway and is well serviced by public transport. The property has been subdivided into 5 office/warehouse tenancies and 3 office tenancies. Each warehouse is afforded on grade loading docks with Unit 1 afforded covered recessed loading docks. Tenancies range between 853 sqm to 9,888 sqm. LETTABLE AREA 25,430 CLEARANCE 5.6m OUTGOINGS $32.50 Mercedes, Waratah, Ledified WAPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS Suite 4 733 $200.00 $32.50 No Yes Available now. Partially fitted out office suite with separate street entrance Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 40

VICTORIA PRIME INDUSTRIAL Pellicano M1/M2 Industrial Estate, Dandenong South The Pellicano Property Trust 3 is jointly owned by Sunsuper (50%) and Pellicano (50%). The portfolio comprises 16 high quality industrial properties and two development site. Most of the buildings within the portfolio are single tenanted. During late 2016 construction commenced on 930 Taylors Road on a speculative basis. The M1 and M2 Industry Park is located in the well established South East Industrial precinct of Dandenong South. The estates are situated at the intersection of the Western Port Freeway, South Gippslands Highway and Abbotts Road providing excellent access and exposure. They provide occupiers with excellent amenity to cafes and child care. LETTABLE AREA 145,312 CLEARANCE OUTGOINGS Bosch, Chep, Beaumont Tiles AMP Capital Managed Separate Accounts - 50% There are currently no vacancies available, however please feel free to contact the team for general property enquiries Anna Maras M 0413 157 737 E anna.maras@ampcapital.com 41

Heading Victoria - 01 Industrial Developments ADDRESS SUBURB STATE AREA (m2) Doherty's Road Laverton North VIC 9,800

VICTORIA Doherty's Road Laverton North At the rear of our asset at 13-19 William Angliss Drive, Laverton North circa 9,800 sqm is zoned for development. GLA OFFICE 400 GLA WAREHOUSE 9,400 CAR PARKING 50 car spaces WAPF Brendon Lucas Assistant Development Manager M 0403 594 613 E brendon.lucas@ampcapital.com 43

Heading Queensland 01 - Industrial ADDRESS SUBURB STATE AREA (m2) 7 French Avenue Brendale QLD 12,282 121 Evans Road Salisbury QLD 29,006 Acacia Gate Industrial Park Acacia Ridge QLD 18,488 29-41 Lysaght Street

QUEENSLAND 7 French Avenue Brendale 7 French Avenue Brendale is a modern office/warehouse building constructed c.2012 and is fully leased to BJ Ball Pty Ltd, one of Australasia s largest paper merchants. The property is accessed by both docks and on-grade roller shutter doors, has 3 gated crossover access points, is protected by an ESFR sprinkler system and is adaptable to multiple uses. The office area is of a high standard and is fully air-conditioned. Located in Brendale in Brisbane s north, the site provides easy access to the M1 and M3 motorway s including the Gateway Bridge, the Tradecoast and Brisbane Airport. LETTABLE AREA 12,282 CLEARANCE 11m OUTGOINGS $19.00 BJ Ball WAPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 45

QUEENSLAND Lots 1-3 & 5, 121 Evans Road Salisbury Lots 1-3 & 5 are part of a larger Community Management Scheme of six individual Lots. Lots 1-3 comprise of high clearance office/warehouse buildings totaling 25,075 square metres, with Lot 3 having access to rail. The estate is c.10 km's south of the Brisbane CBD with close proximity to the intersection of Beaudesert Road and easy access to Ipswich Road, the Ipswich Motorway, and both the Pacific Highway and Gateway Motorway via Granard Road. Lot 5 comprises of a high clearance office/warehouse building totaling 3,931 square metres split into four separate tenancies. LETTABLE AREA 29,006 CLEARANCE 10m OUTGOINGS $21.00 Orrcon Steel WAPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 46

QUEENSLAND 29-41 Lysaght St Acacia Ridge Acacia Gate Industrial Park is an industrial unit estate spread over four separate office/warehouse buildings with a total Gross Lettable Area (GLA) of 18,488 square metres. The estate provides tenants with flexibility to expand by amalgamating neighbouring tenancies, which range from approximately 842sqm through to approximately 4,953sqm. A refurbishment program commenced during 2016 involving the progressive refurbishment of vacant tenancies to include the installation of high quality carpet, ceiling tiles, lights and bathroom refurbishment within the office areas, as well as cleaning and repainting the warehouse areas. Externally, the estates presentation strategy has been progressively implemented commencing with the repainting of the façade, landscape maintenance and future fencing and traffic management strategy rollout. LETTABLE AREA 18,488 CLEARANCE 9m OUTGOINGS $21.00 BP, Solcrest, Ideal Air Group WAPF PREMISE TOTAL AREA (m2) NET RENT / m2 OUTGOINGS / m2 FITOUT CARS COMMENTS Unit 1b 1,657 $90.00 $21.00 No Yes Recently refurbished to a high standard. Available now Unit 3b 2,815 $95.00 $21.00 No Yes Recently refurbished. Available now Unit 4b 1,287 $90.00 $21.00 No Yes Available now, recently made good Lachlan Hateley Knight Frank - Leasing Agent M 0405 257 209 E lachlan.hateley@au.knightfrank.com David Knox Knight Frank - Leasing Agent M 0408 548 281 E david.knox@au.knightfrank.com Philip Stephens Colliers International - Leasing Agent M 0421 937 667 E philip.stephens@colliers.com Levi Maxwell Colliers International - Leasing Agent M 0423 295 459 E levi.maxwell@colliers.com Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 47

Heading South Australia 01 - Industrial ADDRESS SUBURB STATE AREA (m2) 2 Second Avenue Mawson Lakes SA 8,642

SOUTH AUSTRALIA 2 Second Avenue Mawson Lakes Located within the Technology Park precinct of Mawson Lakes, 2 Second Ave is a campus style linked commercial office complex constructed in various stages from 1995, and completely refurbished and extended in 2015. The asset comprises of office, laboratory, manufacturing and warehouse accommodation, and is supported by a cafeteria, end of trip facilities and on grade parking for 300 vehicles. Connected by pedestrian walkways, the asset can be leased to a single tenant or multi-tenanted. LETTABLE AREA 8,642.20 CLEARANCE 9m OUTGOINGS POA Codan WAPF There are currently no vacancies available, however please feel free to contact the team for general property enquiries Dominic Ambriano M 0405 484 522 E dominic.ambriano@ampcapital.com 49