Initial Settlement of 25 Langley Road Acquisition

INITIAL SETTLEMENT OF 25 LANGLEY ROAD ACQUISITION Further to the announcement on 5 December 2019, Property for Industry Limited (PFI) has now completed the first settlement for an industrial property located at 25 Langley Road in Wiri, Auckland. A second settlement is expected to take place in May 2020 on completion of an additional 3,240 sqm of warehouse and 120 sqm of office, which is currently under construction. 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 144 tenants. For further information please contact: SIMON WOODHAMS Chief Executive Officer --- Phone: +64 21 749 770 Email: woodhams@propertyforindustry.co.nz --- CRAIG PEIRCE Chief Finance and Operating Officer --- Phone: +64 21 248 6301 Email: peirce@propertyforindustry.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:00346350 For:PFI Type:TRANSACT Time:2019-12-20 08:30:44