MOF 1.75% 28.0¢ macquarie office trust

denver icon for sale , page-2

  1. JID
    3,568 Posts.
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    Yuyu,

    Great research mate. From last Annual Report (last time individual properties were identified) I make out the following:

    Denver Building
    Historical Cost: US$286.1
    AR Book Value: US$347.8
    Offer Price: US$330??

    California Plaza
    Historical Cost: US$261.3
    AR Book Value: US$306.1
    Offer Price: ??


    1 Martin Place
    Historical Cost: AU$214.5
    AR Book Value: AU$265.0
    Offer Price: ??

    If all three go ahead, even at a discount to the HY09 BV this will be a lot of $$ for MOF. Pay off a lot of debt and reduce need for any possible cap raising.

    Looking good.

    Cheers
    John
 
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