Following today's announcement, you would be kicking yourself if you had allowed yourself to be short-changed by last year's proposal.
Property sale prices are 25-41% above independent valuations from 30 June 2015 ( shows how much reliance you should place on these).
Following a $2.50 distribution to unitholders, NTA is estimated to be $6.78/unit.
Expensive Brookfield debt is retired, LVR is improved and there can be a reasonable expectation that BPA will pay more than a negligible distribution going forward.
Great result!
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Ann: Proposal from Brookfield to acquire units in the Fund, page-3
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