Investor Presentaiton

Overarching student accommodation strategy • While no overarching strategy for student accommodation, strong alignment with other strategies • 2016: a strategic capital management framework ○ Opportunity to monetise student accommodation facilities ○ September 2017 Spark Living Consortium • Strategic Plan 2019-2024 - double student accommodation • Overarching student accommodation strategy allows better communications with stakeholders Tasmanian Audit Office 8

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