Funds from operations ("FFO") a loss of A$0.86 million equating to $0.11 per unit Total liabilities to total assets was 87.3% as at 30 June 2011 Net tangible assets of $12.97 per unit (A$105 million), 35.9% lower than at 30 June 2010 ($20.23 per unit) Portfolio occupancy as at 30 June 2011 of 99.5%, 390 basis points higher than 30 June 2010 Carrying value of the portfolio has reduced 4.5% to ¥69.2 billion as at 30 June 2011 Consistent with the strategy outlined previously, GJT has completed the sale of its beneficial interest in Shinbashi Redbrick, Tokyo for ¥4.00 billion post 30 June 2011 (refer ASX announcement dated 5 July 2011)

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