Half Year Results Presentation For the six months ended 31 December - PowerPoint PPT Presentation

Growthpoint Properties Australia (ASX Code: GOZ) Growthpoint Properties Australia Trust ARSN 120 121 002 Growthpoint Properties Australia Limited ABN 33 124 093 901 AFSL 316409 www.growthpoint.com.au Half Year Results Presentation For the six months ended 31 December 2015 22 February 2016 45-55 South Centre Road, Melbourne Airport, VIC

Important information This presentation and its appendices (“Presentation”) is dated S-X of the rules and regulations of the U.S. Securities and Exchange guidance on future earnings or fjnancial position and estimates are 22 February 2016 and has been prepared by Growthpoint Properties Commission. Investors should also be aware that certain fjnancial data provided as a general guide only and should not be relied upon as an Australia Limited ACN 124 093 901 (both in its capacity as responsible included in this Presentation is “non-IFRS fjnancial information” under indication or guarantee of future performance. Should one or more of entity of Growthpoint Properties Australia Trust ARSN 120 121 002 and ASIC Regulatory Guide 230 Disclosing non-IFRS fjnancial information the risks or uncertainties materialize, or should underlying assumptions in its own capacity). Units in Growthpoint Properties Australia Trust published by the Australian Securities and Investments Commission prove incorrect, there can be no assurance that actual outcomes will not are stapled to shares in Growthpoint Properties Australia Limited and, (“ASIC”) and “non-GAAP fjnancial measures” under Regulation G of the differ materially from these statements. To the fullest extent permitted by together form Growthpoint Properties Australia (“Growthpoint”). By U.S. Securities Exchange Act of 1934, as amended. These measures law, Growthpoint and its directors, offjcers, employees, advisers, agents receiving this Presentation, you are agreeing to the following restrictions include distributions per Security, Gearing, net tangible assets, net and intermediaries disclaim any obligation or undertaking to release and limitations. tangible assets per Security, EPS yield, DPS yield, capitalisation rates any updates or revisions to the information to refmect any change in and distribution yield. The disclosure of such non-GAAP fjnancial expectations or assumptions. Summary Information measures in the manner included in this Presentation would not be An investment in the Securities and the outcome of the matters referred permissible in a registration statement under the U.S. Securities Act of This Presentation contains summary information about Growthpoint. The to in forward-looking statements are subject to investment and other 1933, as amended (“Securities Act”). Growthpoint believes these non- known and unknown risks, some of which are beyond the control information is subject to change without notice and does not purport to IFRS fjnancial information and non-GAAP fjnancial measures provide be complete or comprehensive. It does not purport to summarise all of Growthpoint, including possible delays in repayments and loss of useful information to users in measuring the fjnancial performance and income and principal invested. Growthpoint does not guarantee any information that an investor should consider when making an investment conditions of Growthpoint. The non-IFRS fjnancial information and these particular rate of return or the performance of Growthpoint nor do they decision. It should be read in conjunction with Growthpoint’s other non-GAAP fjnancial measures do not have a standardised meaning periodic and continuous disclosure announcements lodged with the guarantee the repayment of capital from Growthpoint or any particular prescribed by Australian Accounting Standards and, therefore, are not tax treatment. Persons should have regard to the risks outlined in this ASX, which are available at www.asx.com.au. measures of fjnancial performance, liquidity or value under the IFRS Presentation. The information in this Presentation has been obtained from or based on or U.S. GAAP and may not be comparable to similarly titled measures sources believed by Growthpoint to be reliable. To the maximum extent presented by other entities, nor should they be construed as an Past Performance permitted by law, Growthpoint, and it affjliates, offjcers, employees, alternative to other fjnancial measures determined in accordance with agents and advisors do not make any warranty, express or implied, as Past performance information given in this Presentation is given for Australian Accounting Standards. Investors are cautioned, therefore, not to the currency, accuracy, reliability or completeness of the information illustration purposes only and should not be relied upon as (and is not) to place undue reliance on any non-IFRS fjnancial information or non- in this Presentation and disclaim all responsibility and liability for the an indication of future performance. Actual results could differ materially GAAP fjnancial measures and ratios included in this Presentation. information (including, without limitation, liability for negligence). from those referred to in this Presentation. In addition, this Presentation contains some pro forma fjnancial information. The pro forma fjnancial information does not purport to be Not Financial Product Advice Not an Offer in compliance with Article 11 of Regulation S-X of the Rules of the U.S. This Presentation is not fjnancial product advice or a recommendation This Presentation is not an offer or an invitation to acquire new Securities Securities and Exchange Commission. to acquire Growthpoint stapled securities (“Securities”). It has been or any other fjnancial products and is not a prospectus, product prepared without taking into account any investor’s objectives, fjnancial disclosure statement or other offering document under Australian law or Future Performance position, situation or needs. Therefore, before making an investment any other law. It is for information purposes only. This Presentation may This Presentation contains “forward-looking” statements. Forward- decision, investors should consider the appropriateness of the not be distributed or released in the United States. This Presentation looking statements can generally be identifjed by the use of forward- information in this Presentation and have regard to their own objectives, does not constitute an offer to sell, or the solicitation of an offer to buy, looking words such as “anticipated”, “expected”, “projections”, fjnancial situation and needs. Investors should seek such fjnancial, legal any securities in the United States. “guidance”, “forecast”, “estimates”, “could”, “may”, “target”, “consider”, or tax advice as they deem necessary or consider appropriate for their and “will” and other similar expressions and include, but are not limited particular jurisdiction. Growthpoint Properties Australia Limited is not to, earnings and distributions guidance, change in NTA, and expected licensed to provide fjnancial product advice. gearing. Forward looking statements, opinions and estimates are based on assumptions and contingencies which are subject to certain risks, Financial Information uncertainties and change without notice, as are statements about All information is in Australian dollars. Investors should note that this market and industry trends, which are based on interpretations of Presentation contains pro forma historical fjnancial information. The current market conditions. pro forma historical fjnancial information included in this Presentation Forward-looking statements including projections, indications or does not purport to be in compliance with Article 11 of Regulation 2 Growthpoint Properties Australia Half Year Results Presentation for the six months ended 31 December 2015 | 22 February 2016

Contents Executive Management Team Overview 4 Distributions and security price 25 Highlights of HY16 5 Relative forecast income yields 26 Summary 27 Property Portfolio 6 Key Metrics 7 Conclusion 28 Revaluations 8 Focus for the year ahead 29 Leasing 9 Appendices 30 Offjce Acquisitions 10 Appendix 1: Growthpoint Properties 11 Industrial Acquisitions Limited - South Africa (GRT) 31 Case Study: 1 Charles Street, Appendix 2: Securityholder calendar 32 Parramatta, NSW 12 Timothy Collyer Michael Green Appendix 3: Distributable income 33 Summary 13 Head of Property Managing Director Appendix 4: Financial position 35 Financial Management 14 Appendix 5: Property portfolio - diversity of income and assets 36 Financial results 15 Appendix 6: Top fjve offjce properties / Movements in net tangible assets 16 property groupings by value 37 Debt Management Appendix 7: Top fjve industrial – Gearing 17 properties / property groupings by value 40 – Interest rate hedging 18 Glossary 43 Operating and capital expenses 19 Summary 20 Strategy and performance 21 FY16 Goals 22 Dion Andrews Aaron Hockly Equity capital 23 Chief Financial Offjcer Chief Operating Offjcer Total Securityholder returns 24 3 Growthpoint Properties Australia Half Year Results Presentation for the six months ended 31 December 2015 | 22 February 2016

Overview – Quality property portfolio providing growing income stream – Pure landlord – Same executive management team since 2009 – 20.5 cps FY16 distribution guidance – At least 21.3 cps FY16 distributable income guidance Timothy Collyer Managing Director 1-3 Pope Court, Beverley, SA