Information for investors

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1 harter Hall irect ffice Fund n unlisted property fund investing in a diversified portfolio of high quality ustralian office properties PI code Q0842 Information for investors High quality portfolio of ustralian office properties Income 5.8 %p.a.* Quarterly tax-advantaged distributions ccupancy 99 % verage lease term 8.4 years urrent portfolio value $1.5 billion inimum investment $20,000 * Yield is based on the esponsible ntity s expected distribution for F of 8.25 cpu (annualised) for the quarter commencing 1 July 2018, and a unit price of $1.41 as at 1 July he expected distribution reflects an increase to the 8.0 cpu (annualised) distribution paid in the previous quarter. istributions for future quarters may vary. o obtain current unit pricing visit

2 Property Portfolio e invest in and actively manage quality, well-located ustralian properties in established markets to maximise their value and income growth Franklin treet, delaide he fund has a 50% interest in this -grade office building located in the city central precinct of delaide s. he LIG H property is 100% leased with an average lease term of 8.8 years. he major tenant is the ustralian axation ffice (). YY H IG G G G JH In addition to the properties below, F also has a ~$45 million investment in harter Hall Prime ffice Fund (PF) a harter Hall managed wholesale office fund. ith total assets valued at $4.5 billion, PF invests in prime office assets across ustralia. I I IL Y Y Y V P I YVI G Y H G HI IG P I YY IP GH F PH 5 GH H 68 Pitt treet, ydney ituated in the heart of the ydney, this 24 level office building is the largest asset in the F portfolio by value. he building benefits from three sides of natural light and easy access to ynyard and artin Place bus and railway stations. P IV 105 Phillip treet, Parramatta PHIL LIP G G H P L 105 PHILLIP G G Q P HLL H H L I H H L I Y Q H JH GL HL HH H H he fund has a 50% interest in this -grade building, which is positioned within walking distance to the Parramatta ransport Interchange, Parramatta Ferry and major retail amenity. IV I GY L FIL P LIL I H H Y he newly developed office space is 100% leased for over 11 years to the tate Government with fixed annual rent reviews ontgomery treet, ogarah he fund has a 49.9% interest in this 8 level purpose built commercial complex leased by estpac anking on a 20 year lease (16 years remaining). ell positioned on the ydney southern rail network, this -grade office building features extensive office space, a bank branch and other tenant amenities. LIZH L ILL V Y FI Z ILL I P P IY LIY LL H

3 G G G L H I L Q I I H H H H P L 169 acquarie treet, Parramatta Y Q H P HLL H H JH GL HL HH IV Q 169 QI I GYL Y I YP Y I I FI Z ILL I P I I G H IL LV H HI IFF HH H ) L 7 (LL IY G Y I F P F Y Y I IV lso known as orthbank Plaza, the building was comprehensively refurbished and repositioned with -grade services in he majority of floors feature expansive river, mountain and views. he major tenant is elstra. he fund has a 49.9% interest in the property. FI VL 69 nn treet, risbane QL GG P L IV G PZ LL H LI P IY LIY FIL P H H he fund has a 50% interest in this new -grade building which is close to Parramatta station. It comprises 14 commercial floors and is leased by the estern ydney niversity with a remaining lease term of over 13 years. he property was newly built and was completed in ecember G X I I V V I H IL LV L HL FI VL G G P L IV G PZ L I his 12 level -grade commercial office complex is well located in risbane s Gasworks precinct, less than 2km from the. he major tenant is the ank of Queensland. he fund has a 50% interest in this property. IG 100 kyring errace, risbane QL I I Y YP HI IFF HH Y P ) L 7 (LL I IY HILL F Y LI Y H LI P LV HI IFF I HH H ) L 7 (LL F P Y F Y I IV IY G Y I X I IV I IV X L HL IV I GG FI VL IL P L 900 IY Y I F P LI F IY G I IV Located in risbane s rapidly growing Fortitude Valley, the site is a major thoroughfare connecting the risbane and near city suburbs. he fund has a 50% interest in this landmark office tower being constructed as the headquarters for X50 company, urizon Holdings, with a remaining lease term of over 11 years. IG 900 nn treet, Fortitude Valley QL V I I P Y I H

4 1 icholson treet, elbourne V his glass facade skyscraper comprises 18 levels of office space, with fabulous views over Parliament Gardens and is located in close proximity to public transport. 200 Queen treet, elbourne V his -grade, 25 floor building is well located, close to the legal and financial precincts of elbourne, attracting high calibre tenants. LLIG L H HH IV L LL HH JI P I 800 GLF PH IL P ILLI H H Y H FY G L P H 1 LV G I GI I - LV IL 181 t Georges errace, Perth Located at the premier street address for financial and commercial activity in the Perth, this office building comprises a ground floor foyer with retail tenancies and six upper level floors of office space. LIZH QY VLP L G Landmark six level office complex located in an inner elbourne location with strong amenity and excellent transport connectivity being adjacent to the onash Freeway. Leased to oles Group. he fund has a 50% interest in the property. L P 800 oorak oad, Hawthorn ast V

5 harter Hall irect ffice Fund (F), an unlisted fund investing in a diversified portfolio of high quality ustralian office properties, is open for investment. F is one of ustralia s largest unlisted managed funds investing in commercial office property available to retail, F and high net worth investors. op tenants and the percentage of gross property portfolio income ote: Pro forma as at 30 June 2018, including the delaide property Franklin treet, delaide 8 % 800 oorak oad, Hawthorn ast Vic 8 % 169 acquarie treet, Parramatta 7 % 105 Phillip treet, Parramatta, 6 % 900 nn treet, Fortitude Valley, Qld 6 % 200 Queen treet, elbourne Vic 6 % Income yield comparison urrently, F provides a target annual distribution of 5.8% 6 per annum which compares favourably with the income returns of other asset classes. he investments shown in this chart have different liquidity and risk profiles. Please refer to the P for a description of the risks associated with an investment in F. 1. ates as at 30 June s at 30 June verage 24 month term deposit rate as at 30 June 2018 for investments of $100, ore Logic P ata 5 apital ity ggregate esidential Property Gross ental Yield, reflecting daily capital value change in us residential properties. Yield at 30 June eighted average 12 month historic distribution yield as at 30 June Yield is based on the esponsible ntity s expected distribution for F of 8.25 cpu (annualised) for the quarter commencing 1 July 2018, and a unit price of $1.41 as at 1 July he expected distribution reflects an increase to the 8.0 cpu (annualised) distribution paid in the previous quarter. istributions for future quarters may vary. 1.5 % 2.1 % 2.4 % eserve ank of ustralia ash ate 1 2-year ustralian Government ond 2 5-year ustralian Government ond % Property Portfolio occupancy vs P occupancy average (%) 95% 100% 100% 100% 100% 100% 100% 100% 100% 100% 96% 98% 92% 85% 81% 85% 100% ote: P data as at July 2018 and Property Portfolio data as at 30 June ydney P verage 4 16 ontgomery t ogarah 68 Pitt t ydney 105 Phillip t Parramatta 169 acquarie t Parramatta elbourne P verage 1 icholson t elbourne 200 Queen t elbourne 800 oorak d Hawthorn ast risbane P verage 100 kyring ce ewstead 900 nn t Fortitude Valley 69 nn treet risbane Perth P verage 181 t Georges ce Perth delaide P verage Franklin t delaide 2-year term deposit (average) % ore Logic P ata 5 apital ity ggregate % &P/X 200 ccumulation Index (before ranking credits) % harter Hall irect ffice Fund 6

6 How to apply You should read the product disclosure statement (P) before making any investment decision. pplications for units in F may only be made by completing the application form in the P. o request a P speak to your financial adviser or call harter Hall on link to the online application form can be found at For a full list of all fees and other costs associated with an investment in the Fund, please see section six of the P. Your fund manager harter Hall Group has grown, since its launch in 1991, to become one of ustralia s leading property groups, with a total property portfolio of over $23 billion. e own and manage over 330 ustralian commercial properties, including office buildings, supermarket anchored retail centres and industrial assets on behalf of institutional, wholesale and retail investors. harter Hall, its directors and senior managers are aligned by investing alongside investors in many of the funds they manage. ontact us For more information on investing in the fund contact your financial adviser, or harter Hall directly on: directproperty@charterhall.com.au harter Hall irect Property is ustralia s leading direct property fund manager, with over $3 billion of real estate assets under management. e have a strong track record managing unlisted property funds and syndicates since ur products are consistently highly rated by external research groups. elow you can see some of the awards we have received. ur skilled and motivated team utilise their industry experience and passion to deliver sustainable returns for our investors, with a focus on outperformance of fund benchmarks. IP IFI he responsible entity of the harter Hall irect ffice Fund ( Fund ) is harter Hall irect Property anagement Limited ( H ) ( , FL ). H as responsible entity for the Fund has issued a product disclosure statement dated 27 July 2017 ( P ) which sets out the offer to apply for units in the Fund. If you are considering an investment in the Fund you should read the P in its entirety. You can request a copy of the P, free of charge, by calling H on his information has been made available to the recipient for information purposes only. It is not intended to be, and does not constitute a P, prospectus, short form prospectus or profile statement as those terms are defined in the orporations ct. It does not constitute an offer for the issue, sale or purchase of any securities, or any recommendation in relation to investing in any asset. his document has been prepared without taking account of any particular investor s objectives, financial situation or needs. For this reason, it is important that you consider the P for the offer and seek appropriate professional advice before making any investment decision. H does not receive fees in respect of the general financial product advice it provides, however it will receive fees for operating the Fund, in accordance with the Fund s onstitution. ntities within the harter Hall Group may also receive fees for managing the assets of, and providing resources to the Fund which are generally based on the value of the Fund s assets. For more detail on fees, see the P. ny investment is subject to risk, including possible delays in payment and loss of income and principal invested. either H nor any of its associates, related entities or directors guarantee the performance of any investment or the repayment of monies invested. hile every care has been taken in the preparation of this document, H does not make any representation or warranty as to the accuracy or completeness of any statement in it including, without limitation, any forecasts or opinions. o the maximum extent permitted by law, H disclaims all liability for any loss or damage which may arise out of the provision to, or by, or use by, any person of the information contained in this document. ll figures and dates are as at 30 June 2018 unless stated otherwise. harter Hall Group he Professional Planner Zenith Fund wards are determined using proprietary methodologies. Fund wards were issued ctober 6, 2017 and are solely statements of opinion and do not represent recommendations to purchase, hold or sell any securities or make any other investment decisions. Fund wards are current for 12 months from the date awarded and are subject to change at any time. Fund wards for previous years are referenced for historical purposes only.