Investor Presentaiton

The University's recent property acquisitions Property Strategic location, near existing Hobart Apartments Purchase date Rationale for purchase 40-42 Melville Street December 2017 (former Red Cross building) 44 Melville Street and 123, 139, 141-143 Elizabeth Street February 2018 MidCity Hotel May 2018 Fountainside Hotel December 2018 Kemp and Denning (K&D) April 2019 site Sufficient demand for new PBSA build, properties acquired to form PBSA2 together with 40-42 Melville Street Acquired to meet demand for University student accommodation in Hobart Acquired to meet immediate demand for student accommodation in Hobart and to alleviate concerns for students commencing in Semester 1 2019 Strategic location and opportunity to co-locate student accommodation with teaching and learning facilities Tasmanian Audit Office 31

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