Starhill Global REIT manager clarifies Australian report

No definitive agreement has been entered into for Perth property.

Here is the full statement issued on 11 January 2013:

YTL Starhill Global REIT Management Limited, as manager of Starhill Global Real Estate Investment Trust, refers to the article published in the Australian Financial Review earlier today entitled “Singapore group eyes Perth mall”.

The Manager would like to clarify that the Manager is currently in discussions in relation to a possible acquisition by Starhill Global REIT of Plaza Arcade at Hay Street Mall, Perth, Western Australia. This is part of the Manager’s continuing process of evaluating various yield-accretive prime assets for the purpose of expanding Starhill Global REIT’s portfolio.

However, the Manager would like to state that no definitive agreement has been entered into in relation to the purchase of Plaza Arcade as at the date of this announcement. As it is uncertain whether any transaction will be concluded at this stage, unitholders of Starhill Global REIT are advised to exercise caution when dealing in the units of Starhill Global REIT.

If there are material developments, the Manager will make the appropriate announcements on SGXNET in compliance with the Listing Manual of the Singapore Exchange Securities Trading Limited.