replacing in the tcq forum

ok here goes

If Trinity were to lose the funds management tender

They would lose management of:

Trinity property trust
Trinity enhanced return fund

and as trusteee for

Trinity opportunistsic property fund no 1
Trinity Land Trust
Trinity Development Trust


left with:

Consolidated land trust
Consolidated Development Trust
Real Estate

However Consolidated Properties is privatised and MD O Rorke resigned from the Trinity board....


As stated in Decemebr 2008..... Trinity Funds Management retain the management rights of its two development trusts, currently known as the Consolidated Development Trust and Consolidated Land Trust as I stated above.

• Trinity Group will retain its development workbook and pipeline of projects.



So Trinity will be left with.......


Consolidated land trust
Consolidated Development Trust

They also have some management rights over current leases of commercial spaces. Not sure if these would be continued or would be lost should Trinity lose its management of funds....but feel these may continue.

So what is the above two worth and do they have any other income sources that i have missed..........as well as cash on the balance sheet although just bought a resort for $20 mill so not much cash left.

Anyone wish to digest and discect my post.....may help us all get a better understanding of what may or may not happen moving forward.

Cheers