Charter Hall Group Property Portfolio Period ending 30 June 2013 2 / Contents Contents Charter Hall Group 4 Industrial Core Plus Industrial Fund (CPIF) 80 Our funds, partnerships & mandates 6 Direct Industrial Fund (DIF1) 98 Office Direct Industrial Fund No.2 (DIF2) 106 Charter Hall Office Trust (CHOT) 10 Core Logistics Partnership (CLP) 110 Core Plus Office Fund (CPOF) 24 Diversified Office mandates 38 PFA Diversified Trust (PFA) 114 Charter Hall Direct Property Fund (CHDPF) 40 Charter Hall Opportunity Fund No.4 (CHOF4) 124 130 Stirling Street (CHIF7) 52 Charter Hall Opportunity Fund No.5 (CHOF5) 126 144 Stirling Street (CHIF8) 54 Diversified Property Fund (DPF) 130 685 LaTrobe Street Melbourne 56 No. 1 Martin Place Trust (1MPT) 58 Index 136 Retail Further Information 141 Charter Hall Retail REIT (CQR) Listed REIT 62 Retail Partnership No.1 70 Retail Partnership No.2 72 Bunnings Partnership 74 Charter Hall Direct Retail Fund (DRF) 76 (Cover) Bankwest Place and Raine Square, Perth WA Charter Hall Property Portfolio / 30 June 2013 / 3 Funds under management $10.3 billion Number of properties 203 Occupancy1 97% Weighted Average Lease Expiry (WALE)1 6.1 years Weighted Average Rental Review1 3.8%” Note: 1. Represents entire Charter Hall Funds Management platform Wanneroo Central, Wanneroo WA 4 / Charter Hall Group Charter Hall Group Charter Hall is one of Australia’s leading fully integrated property groups, with over 22 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. We have a $10.3 billion predominately Australian property spectrum from investment management to property portfolio focused on the core real estate sectors of office, management to development. retail and industrial. We are the largest third party manager We believe sustainability is a key element to good business of Australian office and grocery anchored retail centre and that by ensuring our actions are not only commercially assets, and have the third largest managed industrial sound but that they make a difference to our people, our property portfolio. customers and the environment in which we work and live, As an integrated property group, our 300 plus employees we can contribute in a positive way. deliver professional services across the full property Charter Hall Funds Management Platform As at 30 June 2013 1% 59% Office 59% 11% Retail 29% Industrial 11% Residential 1% 29% Total Office Retail Industrial Residential No. of properties 203 56 105 39 3 NLA 2,750,323sqm 1,052,211sqm 915,617sqm 782,495sqm n/a Value $10.3bn $6.1bn $3.0bn $1.1bn $0.1bn Charter Hall Property Investment Portfolio1 As at 30 June 2013 13% 52% Office 52% Retail 35% Industrial 13% 35% Total Office Retail Industrial Residential Investments $603m $311m $213m $79m $0m Note: 1. Includes Charter Hall Group direct property and investment in property funds, excludes development investments and investment in CIP Charter Hall Property Portfolio / 30 June 2013 / 5 Charter Hall aims to outperform investment benchmarks, achieving high levels of tenant retention and rental growth across 203 assets1. Northern Territory Queensland Western Australia South Australia New South Wales ACT Victoria Australian Capital Territory 5 properties Tasmania Office 1 Retail 4 New South Wales Queensland Western Australia 71 properties 38 properties 25 properties Office 22 Office 8 Office 9 Retail 44 Retail 17 Retail 11 Industrial 5 Industrial 13 Industrial 5 Victoria South Australia Tasmania Residential 36 properties 6 properties 6 properties 3 properties Office 12 Office 3 Office 1 New South Wales 2 Retail 11 Retail 2 Retail 3 Victoria 1 Industrial 13 Industrial 1 Industrial 2 Note: 1. Includes offshore assets. 7 Europe, 3 USA and 3 New Zealand. 6 / Our funds and partnerships Our funds, partnerships & mandates As at 30 June 2013 Office Retail Charter Hall Office Trust (CHOT) Charter Hall Retail REIT (CQR) Listed REIT Assets 18 Grocery anchored Australian portfolio 74 Gross property assets $2,031 million Gross property assets $1,658 million Balance sheet gearing 45.8% Balance sheet gearing3 29.7% Capitalisation Rate 7.73% WALE (all tenancies) 7.1 years WALE 4.4 years Occupancy 98% Occupancy 97% Charter Hall co-investment $103.1 million (9.2%) Charter Hall co-investment $159.0 million (14.5%) Retail Partnership No.1 (RP1) Core Plus Office Fund (CPOF)1 Assets 10 Assets 15 Gross property assets $393 million Gross property assets $1,793 million Balance sheet gearing 41.2% Balance sheet gearing 39.4% Capitalisation Rate 7.67% Capitalisation Rate 7.77% WALE 12.4 years WALE 5.2 years Occupancy 99% Occupancy 97% Bateau Bay Square (RP2) Charter Hall co-investment $114.7 million (12.3%) Assets 1 Charter Hall Direct Property Fund (CHDPF) Gross property assets $164.0 million Assets 9 Balance sheet gearing 45.8% Gross property assets $491 million Capitalisation Rate 8.00% Balance sheet gearing 47.3% WALE 3.9 years Capitalisation Rate 8.33% Occupancy 99% WALE 4.3 years Charter Hall co-investment $17.7 million (20.0%) Occupancy 95% Bunnings Partnership (BP Fund) Charter Hall co-investment $10.7 million (4.0%) Assets 10 130 Stirling Street Trust (CHIF7) Gross property assets $238.7 million Assets 1 Balance sheet gearing 55.0% Gross property assets $84 million Capitalisation Rate 7.58% Balance sheet gearing 39.9% WALE 12.0 years Capitalisation Rate 8.50% Occupancy 100% WALE 5.8 years Charter Hall co-investment $14.3 million (13.0%) Occupancy 100% Charter Hall Direct Retail Fund (DRF) 144 Stirling Street Trust (CHIF8) Assets 2 Assets 1 Gross property assets $55.5 million Gross property assets $57 million Balance sheet gearing 45.5% Balance sheet gearing 40.2% Capitalisation Rate 10.29% Capitalisation Rate 8.50% WALE 4.3 years WALE 6.7 years Occupancy 98% Occupancy 100% Charter Hall co-investment $55.2 million (100%) No.1 Martin Place Trust (1MPT)2 Assets 1 Gross property assets $210 million Balance sheet gearing 36.0% Capitalisation Rate 6.70% WALE 3.1 years Occupancy 100% Note: 1. Excludes forecast completion value of 100 Skyring Terrace 2. Sold post balance date 3. Post initiatives Charter Hall Property Portfolio / 30 June 2013 / 7 Industrial Diversified Core Plus Industrial Fund (CPIF) PFA Diversified Trust (PFA) Assets 21 Assets 11 Gross property assets $560 million Gross property assets $370 million Balance sheet gearing 1.2% Balance sheet gearing 51.8% Capitalisation Rate 8.30% Capitalisation Rate 9.21% WALE 9.6 years WALE 3.9 years Occupancy 99% Occupancy 94% Charter Hall co-investment $56.7 million (13.1%) Charter Hall co-investment $0.2 million (0.1%) Core Logistics Partnership (CLP) Charter Hall Opportunity Fund No.4 (CHOF4) Assets 6 Assets 1 Gross property assets $232.1 million WALE (all tenancies) 5.5 years Balance sheet gearing 0% Occupancy 99% Capitalisation Rate 8.10% Charter Hall Opportunity Fund No.5 (CHOF5) WALE 12.2 years Occupancy 100% Assets 5 Charter Hall co-investment $10.8 million (5.3%) Gross property assets $277 million Charter Hall co-investment 15% Direct Industrial Fund (DIF1) Diversified Property Fund (DPF) Assets 7 Gross property assets $211 million Assets 5 Balance sheet gearing 38.3% Gross property assets $70 million Capitalisation Rate 8.00% Balance sheet gearing 44.3% WALE 12.2 years Capitalisation Rate 8.35% Occupancy 100% WALE 5.5 years Charter Hall co-investment $0.2 million (0.2%) Occupancy 100% Charter Hall co-investment $8.1 million (19.6%) Direct Industrial Fund No.2 (DIF2) Charter Hall Investment Funds (CHIF) 3 & 6 Assets 2 Gross property assets $55 million Assets 2 Balance sheet gearing 0% Gross property assets $23 million Capitalisation Rate 7.92% WALE 7.6 years WALE 14.9 years Occupancy 100% Occupancy 100% Charter Hall Umbrella Fund (CHUF) Assets nil Gross property assets $116 million Balance sheet gearing 0% WALE 6.3 years Occupancy 96% Charter Hall co-investment $30.1 million (24.2%) 8 / Office Office Bankwest Place 300 Murray Street, Perth WA Charter Hall Property Portfolio / 30 June 2013 / 9 10 / Office / Charter Hall Office Trust Argus Centre, 300 LaTrobe Street, Melbourne Vic Charter Hall Property Portfolio / 30 June 2013 / 11 Charter Hall Office Trust Charter Hall Office Trust is a leading unlisted wholesale real estate partnership focused on investing in high grade office buildings predominantly located in major business districts across Australia. Top 10 tenants By gross income 17% Australian Government 9% Macquarie Group Ltd 7% Telstra Corporation Ltd 4% Citigroup 3% Aurizon 3% Allianz 2% Wilson Parking 2% Gilbert & Tobin 2% Mediacom 2% Caltex Annual lease expiry By net lettable area 3% Vacant 7% FY14 22% FY15 11% FY16 11% FY17 45% FY18+ 12 / Office / Charter Hall Office Trust Fund Statistics Asset diversification Tenant type diversification By current value By gross income 2 Park St, Sydney NSW 19% No.1 Martin Place, Sydney NSW 10% 2 Market St, Sydney NSW 9% 17% 65%1 59 Goulburn St, Sydney NSW 4% The Denison 65 Berry Street, North Sydney NSW 5% Charter Grove 29-57 Christie St, St Leonards NSW 4% Avaya House 123 Epping Rd, North Ryde NSW 4% 18% Wentworth Place 9 Wentworth St, Parramatta NSW 1% ATO 266 King St, Newcastle NSW 2% Argus Centre 300 LaTrobe St, Melbourne Vic 8% Investment grade 65%1 150 Lonsdale St, Melbourne Vic 7% Other 18% 171 Collins St, Melbourne Vic (Development) 6% Government 17% 5 Queens Rd, Melbourne Vic 3% ATO Moonee Ponds 6-20 Gladstone St, Melbourne Vic 4% 175 Eagle St, Brisbane Qld 7% Capital Hill 83-85 George St, Brisbane Qld 3% Eastpoint Plaza 233-237 Adelaide Terrace, Perth WA 3% NABERS Energy Rating (with GreenPower) 2 Park St, Sydney NSW Argus Centre 300 LaTrobe St, Melbourne Vic No.1 Martin Place, Sydney NSW 150 Lonsdale St, Melbourne Vic 2 Market St, Sydney NSW 5 Queens Rd, Melbourne Vic 59 Goulburn St, Sydney NSW ATO Moonee Ponds, Melbourne Vic The Denison, North Sydney NSW 175 Eagle St, Brisbane Qld Charter Grove, St Leonards NSW Capital Hill, Brisbane Qld Avaya House, North Ryde NSW Eastpoint Plaza, Perth WA Wentworth Place, Parramatta NSW Australia Place, Canberra ACT ATO, Newcastle NSW Note: 1.