Frasers Property : Burwood Brickworks welcomes its first residents

PRESS RELEASE

Burwood Brickworks welcomes its first residents

Construction of new homes well under way

• Over 260 apartments settled
• Shopping centre, Eat Street and parks at their doorstep
• Construction of pet-friendlyVillage Green underway

MELBOURNE, 1 JULY 2021

The major milestones keep coming at Burwood Brickworks with the first residents moving in March, construction on the new homes progressing well, and more residents coming soon to the masterplanned community by Frasers Property Australia.

Construction has recently completed on the Garden Apartments and over 260 new residents are now moving in.

From day one of their new lives, these residents will enjoy the exclusive resident-only BBQ facilities and garden area within the buildings, the convenience of the fully-operational Burwood Brickworks Shopping Centre and Eat Street on their doorstep, as well as the recently opened Urban Plaza, with more parks and outdoor spaces emerging in the year ahead.

Sarah Bloom, General Manager Development Victoria, Frasers Property Australia says the completion of the new community amenities is great news for new residents.

"With the Urban Plaza recently open to the community, new residents can enjoy the convenience of living close to a shopping centre as well as the outdoor amenities such as paved open spaces, sheltered alcoves, shaded walkways and plenty of grassy mounds perfect for relaxing and socialising safely," Ms Bloom says.

"The Burwood Brickworks community is certainly taking shape and we are thrilled with the on-site progression. A big congratulations to all the teams involved in achieving these milestones," she says.

To celebrate the first residents of the four apartment buildings moving in, a Meet Your Neighbours event was held on Saturday 22 May at Acre Farm and Eatery at Burwood Brickworks Shopping Centre. Over 200 residents attended the event and enjoyed a fun-filled day with door prizes to win and live performances by harpist, jazz trio, silk fan dancers and more.

Ms Bloom says the meet your neighbour event was part of the company's commitment to create communities which are not just environmentally, but also socially, sustainable.

"Moving into a new community means forming new connections, so we'd like to give our residents an opportunity to get to know their neighbours and build those bonds," she says.

Four apartment buildings have been completed to date at Burwood Brickworks, comprising 267 residences in total, and constructed by Hacer Group. These first-release apartments have proven extremely popular and have attracted a cross-section of buyers - from first-home buyers to empty-nesters, families and investors.

While the new residents of the apartment buildings settle in, work is continuing at great pace, despite the COVID interruptions of 2020. Construction of the medium density townhomes is well-progressed on site.

There are five different town home precincts within the new community. Homes in the Foundation Home precinct are near completion, with first settlements likely to occur in August. Elsewhere in the community, construction of the pet-friendly Village Green has recently commenced and is due for full completion by the end of the year. Comprising one hectare of open space, the landscaped park and wetlands is the perfect outdoor zone for social gatherings and joining in the free Live Life Get Active fitness classes.

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PRESS RELEASE

Ms Bloom says Live Life Get Active has been a huge success since the classes started in mid-May with many of the new residents joining in.

"With plenty of classes to choose from, such as cross training and boxing, we've seen people not just improve their health but also make new friends and increase their social circle. It's delightful to see how everyone encourages each other to turn up too," she says.

Wendy Welsh moved into her brand-new apartment in March this year.

"I lived in Burwood East when my children were younger so the life-long friends I made during that period all live around here. I had already decided I wanted to move back to the area but wasn't planning to purchase anything just yet," says Wendy.

"I'm a tram driver so I see lots of developments and properties for sale as I drive past and when I saw this one I thought I might be able to afford that!"

"Now I live in a lovely two-bedroom apartment with two balconies, a shopping centre next door and five of my oldest friends living just up the road," Wendy says.

"The shopping centre is so convenient, the food's good and I'm already on first name terms with some of the shop owners and the tavern.

"I'm looking forward to making many more friends in my new neighbourhood in the years ahead," she says.

Burwood Brickworks is located 19km east of Melbourne's CBD. The vibrant new community offers a mix of housing options and plenty of open space, with a sustainable retail and entertainment precinct, medical and childcare centre, and even an award-winning rooftop urban farm that services the adjoining acre Restaurant.

Interested buyers can visit the Burwood Brickworks sales office, located at 78 Middleborough Road, Burwood East from noon to 5pm, seven days. Phone 13 38 38 or visit burwoodbrickworks.com.aufor more information.

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About Frasers Property Australia

Since 1924, Frasers Property Australia has created stronger, smarter, happier neighbourhoods. We are one of Australia's leading diversified property groups and an Australian division of Frasers Property Limited.

We develop residential land, housing, and apartments and have delivered over 140,000 homes during our legacy; and develop build-to-rent, commercial, retail and mixed-use properties. Our activities also encompass the ownership and management of investment property, incorporating property and asset management services.

We work sustainably to ensure the places we create leave a positive environmental legacy and enhance the way people live life together. Frasers Property in Australia has certified over 3.4 million square metres of Green Star space across our communities, and our commitment to reduce carbon has been approved by the global Science-Based Targets initiative. We are also certified by the Australian Government's Climate Active initiative. Frasers Property Australia owns Real Utilities, a licensed Australian energy retailer that owns and manages energy infrastructure within some of our communities with the mission to be greener, cheaper and simpler.

We value diversity and firmly believe that together, we're better. We employ over 500 people nationally and are recognised as an Employer of Choice for Gender Equality by the Australian Government's Workplace Gender Equality Agency.

To find out more about Frasers Property Australia, visit frasersproperty.com.auor follow us on LinkedIn.

About Frasers Property Limited

Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multi-nationaldeveloper-owner-operator of real estate products and services across the property value

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chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$39.2 billion as at 31 March 2021.

Frasers Property's multi-national businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 70 cities and 20 countries across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGXST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It has committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and are invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.comor follow us on LinkedIn.

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