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PEET LIMITED — Capital/Financing Update 2005
Feb 22, 2005
65600_rns_2005-02-22_6074a264-c08e-4e4b-a015-71d1d6dd05ff.pdf
Capital/Financing Update
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TO: ASX Announcements Office
Peet completes purchase of Brisbane Properties
Peet & Company Limited (Peet) (ASX: PPC) has now completed the purchase of five properties in Brisbane.
On 23 December 2004 Peet announced that contracts had been exchanged for the purchase of five properties in Brisbane Technology Park, Eight Mile Plains, Brisbane, for a price of $19,000,000. The vendor was Flexi Property Fund.
Peet now announces that the purchase was completed as at 18 February 2005. The properties are to be held in the newly established Peet Income Property Fund, which is to be an unlisted property fund for which a Product Disclosure Statement will be issued later in the year.
The properties purchased were 10, 15, 36, 69 Brandl Street and 7 Hi Tech Court, Eight Mile Plains
MELBOURNE Level 2 470 St Kilda Road Melbourne VIC 3004 Tel: +61 3 9868 5900 Fax: +61 3 9866 6230 Email: [email protected]
BRISBANE
Level 3 Waterfront Place 1 Eagle St Brisbane QLD 4000 Tel: +61 7 3360 0250 Fax: +61 7 3360 0841 Email: [email protected]