Kevi - check out the 2008 Unitholder Webcast (9/12), so extremely relevant on the page
http://www.macquarie.com.au/au/property/mcw/index.html
The next two dividends will indeed be 4cents per share, with the remainder (anticipated $70million) being used to further strengthen the balance sheet.
Looking good, the trading action in the last hour was pretty wild.