nta $4.90 last sale $3.29

WHY WOULD YOU COMPLETE THIS PURCHASE
WITH A 1 YEAR FACILITY FROM BROOKFIELDS
OF $130 Million?
"Crazy like a fox eh!"
Love the last two lines of this release

Acquisition of Bankwest Tower

New debt facilities
The Fund has executed a $525 million senior debt facility with its financiers that matures 1 July 2014. The
facility will be subject to a minimum interest service cover ratio of 1.4x and a maximum loan to value ratio
of 65%. There are no restrictions in the facility on distributions to investors whilst no default exists.
In addition, the Fund secured a one year subordinated debt facility, with total availability of $130 million,
from the Brookfield Group to finance the acquisitions of the BankWest Tower and Southern Cross
West. There are no additional financial covenants or restrictions in the subordinated facility.