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PropertyShares Pty Ltd Australian Financial Services License (AFSL) Authorised representative (1236754)

Investment is available to sophisticated investors only. Anyone seeking to make an investment should review the Information Memorandum dated 5 July 2017 issued by PropertyShares Pty Ltd (ACN 603 827 792) (AFSL Authorised Representative No. 1236754) (PropertyShares or Manager). Opportunities to invest relate to offers of specific interests in PropertyShares Investment Trust (Trust). The assets of the Trust are interests in specific investments facilitated by the PropertyShares Loan Trust (Loan Trust). Information regarding individual investment opportunities including target income, fees, risks and other related disclosure are detailed in Supplementary Information Memorandum specific to that investment. The trustee of the Trust is Melbourne Securities Corporation Limited (ACN 160 326 545) (AFSL 428289) (Trustee). PropertyShares is a corporate authorised representative of MSC Advisory Pty Ltd (ACN 607 459 441) (AFSL 480649), a related entity to the Trustee. The Trust is an unregistered managed investment scheme limited to investors that are 'Wholesale Clients' as defined under section 761G or section 761GA of the Corporations Act 2001 (Cth). Interests in the Loan Trust are issued by PropertyShares Holdings Pty Ltd ACN 605 400 815 (Loan Trust Trustee). The offer is made to Australian investors only. If you are a non-Australian investor, please contact the Trustee to find out about how you can invest. As with any investment there are inherent risks in investing in the Trust, including the risk that the assets of the Platform will be speculative, that the investment may result in a reduction in, or total loss of, the capital value of the investment, loss of income and returns that are less than expected or delays in repayment of capital. Income and capital provided from the Trust are not guaranteed. Any past performance information is not indicative of future performance. The forward looking statements included in this document involve subjective judgement and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside the control of, and are unknown to, the Trustee or Manager. Actual future events may vary materially from the forward looking statements and the assumptions on which those statements are based. Given these uncertainties, you are cautioned to not place undue reliance on such forward looking statements. PropertyShares recommends all investors seek financial, legal and taxation advice before making an investment. Information provided on the website does not take into account an investor's personal financial circumstances, needs or objectives. No presentation or warranty is made as to the accuracy, completeness or reasonableness of the information of any information provided in connection with investments. No information contained on the Platform or any other written or oral communication in connection with it is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or projections. To the maximum extent permitted by law, PropertyShares, the Trustee and the Loan Trust Trustee disclaim liability for such representations.