This Fund is currently closed.
Multiplex New Zealand Property Fund (Fund) owns a portfolio of New Zealand commercial, retail and industrial properties.
Exit Strategy
Brookfield Capital Management Limited (BCML) notified investors on 5 May 2011that it has resolved to extend the period under which investors would be given the opportunity to withdraw from the Fund from 1 September 2011 to 30 August 2012.
As a result investors will be provided with a notice prior to 30 May 2012 (being three months prior to the end of the period) asking them to advise whether or not they want to continue to own their units for a further period specified by BCML (which will be no more than seven years) or whether they want to sell or withdraw from the Fund.
A copy of the letter dated 5 May 2011, which includes the issues considered by BCML in reaching the decision to extend can be found in the investor update dated 5 May 2011(click here).
Key Information as at 31 December 2011 |
|
|---|---|
| Inception: | September 2004 |
| Fund size (total assets): | A$360 million |
| Distributions: | Currently suspended, refer to investor update, 9 March 2011 |
| Fund Type: | Unlisted |
| Liquidity |
The Liquidity Facility is now Closed |
Performance |
|
|---|---|
| NTA per unit (A$)1: | 0.56 |
1 Audited as at 31 December 2011
Past performance is no indication of likely future performance. All figures are unaudited unless otherwise indicated.
