Investment Portfolio

Australand Property Trusts

Australand (ALZ) is one of Australia’s major diversified property groups.  Australand was listed on the Australian and Singapore Stock Exchanges  in June 1997 and has been involved in property development for over 85  years. Australand owns, develops and manages property across Australia  and operates in three primary business segments: Investment Property,  Commercial & Industrial and Residential. The Investment Property portfolio is diversified geographically with the  majority of assets located within the major population centers of New  South Wales, Queensland and Victoria and is well balanced in the  industrial and office sectors. Australand’s Property Portfolio is valued at $2 billion and comprises 69  properties, with a total lettable area of approximately 1.1 million square  metres.  Australand is one of Australia’s largest industrial property owners with  a modern portfolio of prime assets occupied by quality tenants. The bulk  of the portfolio is located in Australia’s major population centres  predominantly along the eastern seaboard. As at 30 June 2010, the Australand industrial portfolio comprised 49  properties with a total lettable area of 878,629 square metres. The  industrial portfolio had an average lease term of 6.1 years (by income)  and was 99.4% occupied. The industrial portfolio has one additional property under construction  which will strengthen the portfolio profile through further tenant and  geographical diversification. Australand owns a large portfolio of quality office assets predominantly  located within Sydney and Melbourne. As at 30 June 2010 the Australand office portfolio comprised 13  properties with a total lettable area of 228,732 square metres. The  office portfolio had an average lease term of 4.5 years (by income)  and an occupancy rate of 99.4%. The Australand portfolio is further diversified through ownership of a  number of other commercial assets.The largest of these is the  Freshwater Place Car Park which is located within Melbourne’s  Freshwater Place development.