MUE 0.00% 7.1¢ multiplex european property fund

special divident 9.5 cents, page-16

  1. 127 Posts.

    30 June 2011 property vlaued at €252.85 m a 6.8% decline from previous year.
    the debt maintained at €231.400 m (lvr 91.5%)
    if next year the property value drop a futher 3.7%
    there wont be any distribution paid and will be facing refinance? forced sell? fund raising?

    why not pay down the debt?
 
watchlist Created with Sketch. Add MUE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.