2nd Red Flag, page-3

Thanks mate. In respect of the proposed acquisition of Cranbourne they have taken it from 60% to over 90% in 14 months, an excellent effort. However now that's it's basically ex growth it's a perfect time to flick it into the corporate entity for an all cash deal . Guess they will be doing the same with St Kilda centre.

Here's an alternative announcement.

"Mayfield are proud to announce the Cranbourne centre vended into the IPO at just above 70% capacity in Decemeber 2016 now has capacity consistently above 90%. This has added significant income and capital value for shareholders in less than 12 months ".

Sadly we won't be seeing this announcement as this one was held back until it was fattened up for an all cash deal.