Ann: FDC December 2013 distribution , page-2

nice increase in the Distribution to 7.5c.

Article in the weekend AFR about REITS indicates that the mid-yr drop in general share prices was down to increasing costs of borrowing via bonds that was triggered by the anticipated tapering, which of course has not occurred. Prices have stayed low in anticipation that the tapering will in fact occur and that it will affect bond prices. Harsh that we seem to have been particularly affected when our leveraging is relatively low compared to many of our peers.