Frasers Property : Industrial reveals new Premium Estates concept for next-generation industrial and logistics properties

PRESS RELEASE

Frasers Property Industrial reveals new Premium Estates concept for next-generation industrial and logistics properties

SYDNEY, 3 NOVEMBER 2021

Frasers Property Industrial has launched its innovative industry-first Premium Estates concept for all new industrial and logistics developments. The market leading initiative will ensure healthy, sustainable and high-performing work environments are created across its Australian portfolio.

The concept reinforces Frasers Property Industrial's commitment to delivering high quality industrial and logistics facilities, amenities and open spaces with best-in-class sustainability and technology at their core, to improve workdays, support wellbeing and enhance local communities in surrounding estates.

Ian Barter, Executive General Manager of Frasers Property Industrial in Australia, said: "We see a future where industrial and logistics estates aren't limited to traditional sheds and warehouses, but instead are future-readyinfrastructure that positively impacts the people that work within the space, as well as the wider community."

"Our innovative new Premium Estates concept reflects our commitment to creating next-generation industrial and logistics assets that are ultimately more efficient, healthy and engaging workplaces for our customers to build their futures in. Working with BVN Architecture, we have also created an industry leading building design standard as part of the concept, that can be easily rolled out across all new developments," said Mr Barter.

A key component of Frasers Property Industrial's Premium Estates concept is the cutting-edge modular Building Design Guidelines designed by BVN Architecture, an award-winning architectural practice known for its diverse portfolio in Australia and overseas. The future-focused industrial aesthetic in the Design Guidelines combines a variety of raw, exposed and sustainable materials to be used in warehouse and logistics facilities, creating a warm and welcoming aesthetic that's typically not found in traditional warehouses.

At the exterior, the amount of hardscaped estate area is reduced to minimise local heat island effects and improve thermal comfort for employees. Native flora and fauna feature throughout the public realm to minimise water usage and encourage a regenerative approach to industrial landscapes. Courtyards seamlessly blend the highly landscaped public realm into main entry and staff lunch areas, out to enclosed outdoor and rooftop spaces with generous seated planters, green walls, statement trees and timber cladding.

The Premium Estates concept extends to the creation of green open spaces, outdoor fitness areas and amenities for employees and the wider community to enjoy. For example, at Frasers Property Industrial's Vantage Yatala in Queensland, this will include a full-sized basketball court.

The innovative modular building design methodology also supports waste reduction while still allowing for customisation by customers, in line with Frasers Property Industrial's net-zero carbon by the end of FY 2030 target. Materials have been carefully selected to minimise impact on the environment and all estates in the Frasers Property Industrial portfolio will target 5 Star or 6 Star Green Star Design and As Built certified ratings.

Ninotschka Titchkosky, co-Chief Executive Officer of BVN, said: "The difference with Frasers Property Industrial's vision is that it is holistic. Our goal was to work with them to develop a new model that balances cost and speed to market, with quality and the environment."

"Creating a modular, but customisable system for the design means we can ensure the quality is kept

PRESS RELEASE

very high, by optimising all the elements to reduce the impact on the planet and create a fantastic contemporary work environment. It's a very exciting time for the industrial and logistics sector as it moves into a 21st century model of operations and development."

As the industrial and logistics sector continues to grow, an additional 1.8 million square metres is forecast to be required to be released to the market in Australia each year to meet demand, which is 25 per cent above historical averages1. Additionally, employees in logistics, industrial and trucking, are expected to grow by 7.3 per cent by 2025 to around 700,000 Australians2.

As a foundational partner of Healthy Heads in Trucks and Sheds, a road transport, industrial and logistics industries not-for-profit charitable foundation, Frasers Property Industrial is actively involved in supporting the wellbeing of those in the industry.

Naomi Frauenfelder, Chief Executive Officer of Healthy Heads in Trucks and Sheds, said: "The impact of the pandemic has reinforced the importance of a healthy work environment for many across Australia, and for those in the industrial and logistics industry, this is no different, however, their workplace is often a truck or a shed."

"It is fantastic to see Frasers Property Industrial implementing an industry leading framework across its estates that puts the health and wellbeing of those working in the sector at the forefront."

Frasers Property Industrial's Premium Estates concept has commenced roll out in New South Wales at The YARDS, in Victoria at 4 Ten Epping and in Queensland at Vantage Yatala. Crusader Caravans and Intel Engineering's new facility at 4Ten Epping will be the first new development completed in accordance with the new Building Design Guidelines.

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About Frasers Property Industrial

Frasers Property Industrial is a strategic business unit of SGX-listed Frasers Property Limited (together with its subsidiaries, the "Group"), a multi-national company that owns, develops, and manages a diverse and integrated property portfolio with total assets of approximately S$39.2 billion as at 31 March 2021.

Frasers Property Industrial owns and manages industrial and logistics properties in Australia and Europe, and its portfolio includes logistics facilities, warehouses and production facilities in strategic locations. Frasers Property Industrial has approximately S$9.5 billion of assets under management as at 31 March 2021 with integrated development, asset management and third-party capital management capabilities across the Group's industrial and logistics markets in Australia, Germany, the Netherlands and Austria.

In addition, Frasers Property Industrial provides property management services to Frasers Logistics & Commercial Trust ("FLCT"), a SGX-listed REIT sponsored by the Group and managed by Frasers Logistics & Commercial Asset Management Pte. Ltd. Frasers Property Industrial provides property management services to a portfolio of logistics and industrial properties owned by FLCT, concentrated within major industrial and logistics markets in Australia, Germany and the Netherlands.

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

1. https://www.cbre.com.au/research-reports/Australia-Industrial-MarketView-Q1-2021
2. https://www.abs.gov.au/statistics/labour/employment-and-unemployment/labour-force-australia-detailed/latest-release

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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 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.