Settlement of 306 Neilson Street Acquisition

SETTLEMENT OF 306 NEILSON STREET ACQUISITION Further to the announcement on 1 June 2018, Property for Industry Limited (PFI, the Company) has today settled the purchase of an industrial property located at 306 Neilson Street in Penrose, Auckland. PFI General Manager Simon Woodhams noted: "This property is adjacent to three properties already owned by PFI, and the Company now owns an industrial estate comprising around 4.5 hectares of contiguous property contained in four titles in a sought-after Auckland industrial location." ENDS ABOUT PFI & CONTACT PFI is an NZX listed property vehicle specialising in industrial property. PFI's nationwide portfolio of 93 properties is leased to 149 tenants. For further information please contact: SIMON WOODHAMS General Manager --- Phone: +64 9 303 9652 Email: woodhams@pfi.co.nz --- CRAIG PEIRCE Chief Financial Officer and Company Secretary --- Phone: +64 9 303 9651 Email: peirce@pfi.co.nz --- Property for Industry Limited Shed 24, Prince's Wharf, 147 Quay Street, Auckland 1010 PO Box 1147, Shortland Street, Auckland 1140 --- www.propertyforindustry.co.nz End CA:00319823 For:PFI Type:TRANSACT Time:2018-06-22 14:21:40