Generation Healthcare REIT : Notice of Annual Unitholder Meeting

GENERATION HEALTHCARE REIT

Notice of Annual Unitholder Meeting

Venue: Offices of Hall & Wilcox Level 11, Rialto South Tower 525 Collins Street Melbourne, Victoria

Date: Wednesday, 16 November 2016

Time: 10.00am

Annual Report

The 2016 Annual Report is now available to download from our

website at generationreit.com.au

14 October 2016

Dear Investor,

I am pleased to invite you to attend the Annual Unitholder Meeting ("Meeting") of Generation Healthcare REIT ("Fund") to be held on Wednesday, 16 November 2016, at 10.00am, at the offices of Hall & Wilcox, Level 11, Rialto South Tower, 525 Collins Street, Melbourne Victoria.

At the Meeting, we will present on the results and activities of the Fund for the 2016 financial year and provide an update on the Fund's recent activities and performance.

Paul Dalla Lana the Chairman and CEO of NorthWest Healthcare Properties REIT, the new owner of the Manager of the Fund will be in attendance at the meeting and would welcome the opportunity to meet with investors.

There are no formal resolutions to be considered at the Meeting.

If you are not attending the Meeting, you are encouraged to appoint a proxy to attend on your behalf. While there are no formal resolutions to be voted on at the Meeting, you are still able to appoint a person as your proxy to ask questions on your behalf at the Meeting. The Proxy Form, which accompanies this Notice of Meeting, includes instructions on how to appoint a proxy. You can also lodge your proxy online, as detailed in the Notice of Meeting. The Proxy Form must

be received by the Fund's Unit Registry no later than 10.00am (Melbourne time) on Monday, 14 November 2016. A reply paid envelope for this purpose is enclosed.

The information presented to the Meeting will be announced to the Australian Securities Exchange ("ASX") on the day of the Meeting.

If you have any queries about the Meeting, please call Link Market Services Limited on 1300 554 474. For callers outside of Australia, please call [phone].

I look forward to seeing as many of you as possible on 16 November 2016. Yours faithfully

Miles Wentworth

Chief Executive Officer Generation Healthcare REIT

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NOTICE OF ANNUAL UNITHOLDER MEETING

Notice is given by APN Funds Management Limited (ACN 080 674 479) ("Responsible Entity", "APNFM") that an Annual Unitholder Meeting ("Meeting") of Generation Healthcare REIT (ARSN 118 712 584) ("Fund") will be held at:

Time: 10.00am

Date: Wednesday 16 November 2016 Place: Offices of Hall & Wilcox

Level 11, Rialto South Tower 525 Collins Street Melbourne, Victoria

The business to be considered at the Meeting is as follows:

ORDINARY BUSINESS:

RESULTS AND ACTIVITIES

To receive a presentation from the Chief Executive Officer of the Fund, Miles Wentworth, on the results and activities of the Fund for the financial year ended 30 June 2016 and an update on the activities of the Fund post 30 June 2016.

SPECIAL BUSINESS:

NONE

CHAIR

The Responsible Entity intends to appoint Chairman, Geoff Brunsdon, to act as Chair of the Meeting in accordance with the Corporations Act.

VOTING EXCLUSION STATEMENT

As there are no resolutions being considered, no voting exclusion statement is required.

QUORUM

The quorum for the Meeting is Unitholders present (in person or by proxy) holding no less than 10% of the Units on issue. A Unitholder is counted towards the quorum even if the Unitholder may not be entitled to vote.

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