FIIG mentioned MXUPA again in last weeks update. Speculation that the chance of conversion increased following a deal by the Canadian arm Brookfield Properties to acquire an interest in 16 premier Australian office properties comprising 8 million square feet in Sydney, Melbourne and Perth which are 99% leased from Brookfield Asset Management.
More info on the below link and I guess we may find out more at next week's teleconference.
http://www.brookfieldproperties.com/content/2010_news_releases/brookfield_properties_announces_plan_to_become_a_p-20150.html
DYOR
MXG
multiplex group
