INVESTEC AUSTRALIA PROPERTY FUND - Investec Australia Property Fund settlement of 757 Ann street

Investec Australia Property Fund settlement of 757 Ann street

INVESTEC AUSTRALIA PROPERTY FUND
Established in Australia and registered with ASIC as a managed investment scheme (ARSN 162 067 736)
Operated by Investec Property Limited (ACN 071 514 246; AFSL 290 909) (“Responsible Entity”)
Registered as a foreign collective investment scheme in terms of the Collective Investment Schemes Control Act
No.45 of 2003
Unit code: IAP
ISIN: AU0000046005
(“IAP“ or the “Fund”)


INVESTEC AUSTRALIA PROPERTY FUND SETTLEMENT OF 757 ANN STREET


Investec Property Limited as responsible entity of Investec Australia Property Fund (IAP or the Fund) is pleased
to announce that it has completed the sale of 757 Ann Street, Fortitude Valley QLD (Property).(1)

The sale price for the Property was $94,000,000(2), with the proceeds from the sale of the Property used to repay
debt.

This announcement has been authorised for release by the Company Secretary.

Johannesburg
1 April 2020

Investment Bank and Sponsor
Investec Bank Limited



Footnotes
(1) The Property is held in Investec Australia Sub Trust No.6, a wholly-owned subsidiary of the Fund.
(2) Subject to customary adjustments. An amount of $1,300,000 is being retained by the Fund’s solicitors for a period of 12 months following
    settlement in respect of a planning matter being considered by the Brisbane City Council. On the assumption that the planning matter is
    resolved, this amount will be released to the Fund on the relevant date.

Date: 01-04-2020 08:07:00
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