Ann: Proposal from Brookfield to acquire units in the Fund, page-12

There is little doubt Brookfield will be giving themselves a good deal here.

A lot of Explanatory Memo is spent comparing offer price to market price which is depressed by Brookfield having majority control.

The non-independent not worth the paper its written on Report supports the deal!

As stated in an earlier message the Southern X towers sale illustrates perfectly the accuracy of valuations in such a strong real estate market.

Never the less we have all done well out of this so lets support the Brookfield bid?

We will find out in future how much we have left on the table.

Always remember a property collapse can also happen.

Maybe we are getting out at the top!