Arena REIT : Appendix 4D and HY22 Financial Report

Arena REIT

Appendix 4D

31 December 2021

Arena REIT

only

Appendix 4D

For the period ended 31 December 2021

Name of entity:

Arena REIT (ARF) comprising the securities of Arena REIT Limited, Arena REIT No.1 and Arena

REIT No.2

use

ARSN:

Arena REIT No.1 (ARSN 106 891 641)

Arena REIT No.2 (ARSN 101 067 878)

ACN:

Arena REIT Limited (ACN 602 365 186)

Reporting period

personal

This report details the consolidated results of Arena REIT for the half-year ended 31 December 2021.

Arena REIT is a stapled security comprising Arena REIT Limited, Arena REIT No.1 and Arena REIT

No.2.

Results for announcement to the market

All comparisons are to the half-year ended 31 December 2020.

$A'000

Total income from ordinary activities

Up

194%

to

191,835

Profit from ordinary activities after tax attributable to Arena REIT stapled

Up

204%

to

185,796

group investors

Net profit for the period attributable to Arena REIT stapled group investors

Up

204%

to

185,796

Distributions

Quarter

Cents per

Paid/Payable

security

For

September Quarter

3.9500

4 November 2021

December Quarter

3.9500

3 February 2022

Total

7.9000

Net assets per security

Consolidated

31 December

30 June

2021

2021

Net asset value per ordinary security

$3.02

$2.56

For personal use only

This information should be read in conjunction with the 31 December 2021 Half Year Financial Report of Arena REIT and any public announcements made during the period in accordance with the continuous disclosure requirements of the Corporations Act 2001 and Listing Rules.

This report is based on the Arena REIT 31 December 2021 half-year financial statements which have been reviewed by PricewaterhouseCoopers. The Independent Auditor's Review Report provided by PricewaterhouseCoopers is included in the 31 December 2021 half year financial statements.

Signed:

David Ross

Chairman

11 February 2022

Arena REIT

ARSN 106891641

For personal use only

Interim Report

31 December 2021

For personal use only

Arena REIT

ARSN 106 891 641

Interim Report

31 December 2021

Contents	Page
Directors' report	2
Auditor's independence declaration	9
Consolidated statement of comprehensive income	10
Consolidated balance sheet	11
Consolidated statement of changes in equity	12
Consolidated statement of cash flows	13
Notes to the consolidated financial statements	14
Directors' declaration	24
Independent auditor's review report to the securityholders	25

These financial statements cover Arena REIT (the 'Group') comprising Arena REIT No. 1, Arena REIT No. 2, Arena REIT Limited, and their controlled entities. The financial statements are presented in Australian currency.

The Responsible Entity of Arena REIT No.1 and Arena REIT No. 2 (the 'Trusts') is Arena REIT Management Limited (ACN 600069761, AFSL 465754). The Responsible Entity's registered office is:

Level 32, 8 Exhibition Street

Melbourne VIC 3000

1

For personal use only

Arena REIT Directors' report 31 December 2021

Directors' report

The directors of Arena REIT Limited ('ARL') and Arena REIT Management Limited ('ARML'), the Responsible Entity of Arena REIT No. 1 and Arena REIT No. 2 (the 'Trusts'), present their report together with the financial statements of Arena REIT for the period ended 31 December 2021. The interim financial report covers ARL, Arena REIT No. 1 ('ARF1'), Arena REIT No. 2 ('ARF2'), and their controlled entities.

ARF1, ARF2 and ARL are separate entities for which the units and shares have been stapled together to enable trading as one security. The units of ARF1, ARF2 and shares of ARL cannot be traded separately. None of the stapled entities controls any of the other stapled entities, however for the purposes of statutory financial reporting the entities form a consolidated group.

Directors

The following persons held office as directors of ARL during the financial period and up to the date of this report:

David Ross (Chair, Independent, non-executive)

Rosemary Hartnett (Independent, non-executive)

Simon Parsons (Independent, non-executive)

Dennis Wildenburg (Independent, non-executive)

Rob de Vos (Executive)

The following persons held office as directors of ARML during the financial period and up to the date of this report:

David Ross (Chair, Independent, non-executive)

Rosemary Hartnett (Independent, non-executive)

Simon Parsons (Independent, non-executive)

Dennis Wildenburg (Independent, non-executive)

Rob de Vos (Executive)

Gareth Winter (Executive)

Principal activities

The Group invests in a portfolio of investment properties and is listed on the Australian Securities Exchange under the code ARF.

There were no changes in the principal activities of the Group during the period.

Distributions to securityholders

The following table details the distributions declared to securityholders during the financial period:

	31 December	31 December		31 December	31 December
	2021	2020	2021	2020
	$'000	$'000		cps	cps
September quarter	13,628	12,363	3.950	3.625
December quarter	13,651	12,735	3.950	3.725
Total distributions to securityholders	27,279	25,098		7.900	7.350

2