News release 9 March 2016 LOGOS Property Group welcomes strategic investment by Ivanhoé Cambridge Acquires a strategic interest in LOGOS Intends to invest in future LOGOS-managed ventures across Asia-Pacific Sydney (Australia) and Shanghai (China) – LOGOS Property Group (LOGOS) announced today that Ivanhoé Cambridge has acquired a strategic interest in LOGOS. This transaction follows Ivanhoé Cambridge’s recent investments in LOGOS-managed ventures in Australia and China. Rita-Rose Gagné, Executive Vice President, Growth Markets, Ivanhoé Cambridge, said: “We intend to make further investments in future LOGOS-managed ventures across the AsiaPacific region alongside trusted institutional partners. We will continue to support the growth of the platform as a leading Asia-Pacific logistics real estate company.” John Marsh, LOGOS Joint Managing Director, noted: “Ivanhoé Cambridge’s strategic investment in LOGOS creates a great opportunity for the business to deepen its presence in the Asia-Pacific region, alongside our existing capital partners.” Trent Iliffe, LOGOS Joint Managing Director, added: “Logistics real estate in the Asia-Pacific region continues to have strong tailwind drivers, such as e-commerce growth, urbanisation, a growing middle class and a resulting shortage of modern logistics facilities. With the backing of Ivanhoé Cambridge and Macquarie Capital alongside management, LOGOS is in a great position to deliver excellent real estate outcomes for end users and our capital partners.” LOGOS was established in Australia in 2010 and expanded into China in 2012, specialising in logistics real estate development and investment management. The group has recently established a presence in Singapore and expects to leverage the platform into other markets in Asia over time. Macquarie Capital acquired a strategic interest in LOGOS in 2014 and has since been assisting the group with its expansion. As a result of the announced transaction, Ivanhoé Cambridge joins Macquarie Capital and management as shareholders of LOGOS. Brett Robson, Macquarie Capital’s Global Head of Real Estate Private Capital Markets, said: “Ivanhoé Cambridge is one of the leading real estate investors globally. We are pleased that the quality and expertise of the LOGOS team and their access to top quality opportunities throughout Asia-Pacific has attracted such a high calibre strategic partner. Ivanhoé Cambridge’s endorsement of the LOGOS platform is an important milestone for the company.” To date, LOGOS has raised over AUD$1.3 billion of equity commitments from some of the world’s leading institutional investors, with a focus on developing, acquiring and managing high quality logistics facilities leased to premier logistics businesses in Australia and China. LOGOS currently has approximately 17 million square feet (1.6 million square metres) of assets under management or development. Macquarie Capital (Australia) Limited and its affiliates acted as exclusive financial adviser to LOGOS. About LOGOS Property Group LOGOS Property Group is an integrated investment and development management logistics real estate specialist with operations in Australia, China and Singapore. Established in 2010, LOGOS currently has approximately AUD$2.0 billion in assets under management including end values for projects under development. About Ivanhoé Cambridge Ivanhoé Cambridge, a global real estate industry leader, invests in high-quality properties and companies in select cities around the world. It does so prudently with a long-term view to optimize risk-adjusted returns. Founded in Quebec in 1953, Ivanhoé Cambridge has built a vertically integrated business across Canada. Internationally, the Company invests alongside key partners that are leaders in their respective markets. Through subsidiaries and partnerships, Ivanhoé Cambridge holds interests in more than 500 properties, consisting primarily in office, retail, residential and logistics real estate. Ivanhoé Cambridge held more than Cdn$55 billion in assets as at December 31, 2015. The Company is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. For further information: ivanhoecambridge.com. For further information contact: John Marsh LOGOS Property Group Joint Managing Director +61 2 8197 3900 Trent Iliffe LOGOS Property Group Joint Managing Director +61 2 8197 3900