Settlement of 12 Hautu Drive Acquisition

SETTLEMENT OF 12 HAUTU DRIVE ACQUISITION Further to the announcement on 24 October 2018, Property for Industry Limited (PFI, the Company) has today settled the purchase of an industrial property located at 12 Hautu Drive in Manukau, Auckland. PFI General Manager Simon Woodhams noted: "This acquisition increases our presence in Wiri, one of Auckland's major industrial hubs, and a key precinct for PFI. The Company currently owns eight properties in the wider Wiri / Manukau area, representing more than 10% of the portfolio." ENDS ABOUT PFI & CONTACT PFI is an NZX listed property vehicle specialising in industrial property. PFI's nationwide portfolio of 94 properties is leased to 146 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:00326084 For:PFI Type:TRANSACT Time:2018-10-31 15:28:36