WOTSO Property (ASX: WOT)

BlackWall's largest listed fund and Australia's first flexible property security

WOTSO Property owns over 87,000 sqm of property and operates nearly 37,000 sqm of flexible work space. It is home to hundreds of Australian businesses operating across a wide range of industries.

The WOT Points of Difference

Acquire and repurpose distressed assets in the suburbs and regions of Australia and New Zealand.

We look to acquire physically or financially distressed properties which we can reposition as vertically integrated assets, most often housing our FlexSpace business, WOTSO, and if large enough, other service based uses such as a childcare centre, gym, café as well as larger traditional office tenants.

Produce Higher Returns

At maturity we expect that the WOTSO businesses in our properties produce a net profit after paying notional market rent. The objective is that the profit when analysed as part of the income of the asset results in a higher than market return than would be achieved under traditional leases.

Strategic leasing for our WOTSO business

There is value in a network of WOTSO locations and it is not always possible to purchase each piece of real estate. Where we can do the right lease deal with third party landlords we see leasing as a viable option to grow our network. We apply the same financial discipline to leasing sites as we do to purchasing them.

Blackwall properties with WOTSOs

Blackwall properties without WOTSOs

WOTSO sites at 3rd party properties

Adelaide

WOT Ownership: 100%

217 Flinders St, Adelaide SA 5000, Australia

4,300 sqm

Brookvale

WOT Ownership 100%

2 Ada Ave, Brookvale NSW 2100, Australia

1,500 sqm

Cremorne

WOT Ownership: 100%

233 Military Rd, Cremorne NSW 2090, Australia

Dickson

WOT Ownership: 100%

490 Northbourne Ave, Dickson ACT 2602, Australia

8,000 sqm

Fortitude Valley

WOT Ownership: 100%

76 Brunswick St, Fortitude Valley QLD 4006, Australia

2,400 sqm

Gold Coast

WOT Ownership: 100%

194 Varsity Parade, Varsity Lakes QLD 4227, Australia

5,000 sqm

Hobart

WOT Ownership: 100%

162 Macquarie St, Hobart TAS 7000, Australia

3,500 sqm

Mandurah

WOT Ownership: 100%

22 Ormsby Terrace, Mandurah WA 6210, Australia

1,500 sqm

Mosman

743 Military Rd, Mosman NSW 2088, Australia

440 sqm

Neutral Bay

50 Yeo St, Neutral Bay NSW 2089, Australia

2,400 sqm

Newcastle

WOT Ownership: 100%

1 Tudor Street &811-815 Hunter Street, Newcastle West

1,500 sqm

North Strathfield

11 George St, North Strathfield NSW 2137, Australia

5,500 sqm

Penrith

WOT Ownership: 100%

120 Mulgoa Rd, Penrith NSW 2750, Australia

6,500 sqm

Pyrmont

WOT Ownership: 46%

55 Pyrmont Bridge Rd, Pyrmont NSW 2009, Australia

15,000 sqm

Sunshine Coast

WOT Ownership: 100%

30 Chancellor Village Blvd, Sippy Downs QLD 4556, Australia

9,500 sqm

Symonston

WOT Ownership: 100%

10 Wormald St, Symonston ACT 2609, Australia

2,700 sqm

Takapuna

WOT Ownership: 100%

9 Huron Street, Takapuna, Auckland 0622, New Zealand

1,400 sqm

Villawood

WOT Ownership: 99%

850 Woodville Rd, Villawood NSW 2163, Australia

9,400 sqm

Yandina

WOT Ownership: 100%

54 Pioneer Rd, Yandina QLD 4561, Australia

9,100 sqm

Other Properties

Mosman

Neutral Bay

North Strathfield

Investor Information

Stapling Information

Results of BWR EGM

Notice of Extraordinary General Meeting & Explanatory Memorandum

Scheme Booklet

Tax Information

Notices for custodian and other intermediary investors

February 2023 AMIT Fund Payment Notice

September 2022 AMIT Fund Payment Notice

April 2022 AMIT Fund Payment Notice

August 2021 AMIT Fund Payment Notice

February 2021 AMIT Fund Payment Notice

September 2020 AMIT Fund Payment Notice

March 2020 AMIT Fund Payment Notice

October 2019 AMIT Fund Payment Notice

April 2019 AMIT Fund Payment Notice

October 2018 AMIT Fund Payment Notice

April 2018 AMIT Fund Payment Notice

October 2017 AMIT Fund Payment Notice

Apportionment Ratios

A WOTSO Property stapled security is made up of three separate assets: a BlackWall Property Trust unit, a WOTSO Limited share and a Planloc Limited share.

For capital gains tax purposes, you need to apportion the cost and the proceeds of sale of each stapled security over the separate assets that make up the stapled security. This apportionment should be done on a reasonable basis.

One possible method of apportionment is on the basis of the relative net assets of the individual entities.

The tables below provide the information required to adopt this method:

Date	BlackWall Property Trust	WOTSO Limited	Planloc Limited
17 Feb 2021^*	87.29%	12.71%	0.00%
30 Jun 2021	87.75%	12.25%	0.00%
31 Dec 2021	88.29%	11.71%	0.00%
30 Jun 2022	88.06%	10.37%	1.57%
31 Dec 2022	88.62%	9.47%	1.91%

*Being the date of implementation and based on the pro forma financial statements of the stapled group, published in the Scheme Booklet dated 18 December 2020.

Financial Reports

2022

December 2022 Half Year Report

June 2022 Annual Report

2021

December 2021 Half Year Report
June 2021 Annual Report

2020

December 2020 Half Year Report
June 2020 Annual Report

2019

December 2019 Half Year Report
June 2019 Annual Report

2018
December 2018 Half Year Report
June 2018 Annual Report

2017
December 2017 Half Year Report
June 2017 Annual Report