Property for Industry Limited Bond Offer - Books Closed

01/04/2026 12:19 NZDT, OFFER

PROPERTY FOR INDUSTRY LIMITED BOND OFFER – BOOKS CLOSED

Following a successful bookbuild process for its offer of 6.5 year senior secured fixed rate bonds (Bonds), Property for Industry Limited has confirmed that the offer has closed and $200,000,000 of Bonds have been allocated to participants (or their clients) involved in the bookbuild process. There was no public pool for the offer.

The Issue Margin for the Bonds has been set at 1.30% per annum and the Interest Rate will be announced later today along with the release of the final terms sheet.

For further details investors can contact one of the Joint Lead Managers (details below) or their usual financial adviser.

Arranger and Joint Lead Manager

- Westpac - Phone: 0800 772 142

Joint Lead Managers

- Bank of New Zealand - Phone: 09 924 9602

- Craigs Investment Partners Limited - Phone: 0800 272 442

- Forsyth Barr Limited - Phone: 0800 367 227

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ABOUT PFI

PFI is an NZX listed industrial property specialist, owning over 90 quality properties worth more than $2 billion. Our well diversified portfolio is focused on strategic locations that drive value and growth for the industrial sector, for our tenants, and for our investors. Since listing on the NZX in 1994, we’ve built a strong track record of delivering consistent returns. We invest for the long-term, combining our capital and specialist industry capability to deliver the successful outcomes all our stakeholders need.

CONTACT

SIMON WOODHAMS

Chief Executive Officer

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+64 21 749 770

woodhams@pfi.co.nz

CRAIG PEIRCE

Chief Finance and Operating Officer

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+64 21 248 6301

peirce@pfi.co.nz

Property for Industry Limited

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Level 4, Hayman Kronfeld Building,

15 Galway Street, Auckland 1010

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PO Box 1147, Shortland Street, Auckland 1140