Final Net Asset Backing Valuations as at 30 June 2008
Following is a table that shows the Final Net Asset Backing (NAB) valuations for each Centro MCS syndicate as at 30 June 2008.
Please note that properties in Centro MCS 2, 9 and 20 are currently being marketed for sale (as detailed in prior correspondence to those investors affected). NAB unit values and distribution guidance for these syndicates will be provided on completion of the sales.
|
Syndicate |
Final NAB Unit Value at 30 June 2008 |
Final NAB Unit Value at 31 December 2007 |
Change vs 31 December 2007 |
Change vs 30 June 2007 |
|
Centro MCS 2* |
- |
$2.36 |
- |
- |
|
Centro MCS 4 |
$4.36 |
$4.77 |
-8.60% |
-6.44% |
|
Centro MCS 5 |
$2.79 |
$2.79 |
0.00% |
7.72% |
|
Centro MCS 6 |
$2.05 |
$2.10 |
-2.38% |
-0.97% |
|
Centro MCS 8 |
$2.34 |
$2.28 |
2.63% |
4.00% |
|
Centro MCS 9* |
- |
$1.67 |
- |
- |
|
Centro MCS 10 |
$1.50 |
$1.64 |
-8.54% |
-7.98% |
|
Centro MCS 11 |
$2.99 |
$2.99 |
0.00% |
3.10% |
|
Centro MCS 12 |
$1.54 |
$1.60 |
-3.75% |
-1.28% |
|
Centro MCS 14 |
$1.61 |
$1.59 |
1.26% |
1.26% |
|
Centro MCS 15 |
$1.64 |
$1.99 |
-17.59% |
-10.38% |
|
Centro MCS 16^ |
$1.45 |
$1.45 |
0.00% |
2.84% |
|
Centro MCS 17 |
$1.46 |
$1.50 |
-2.67% |
-1.35% |
|
Centro MCS 18 |
$1.17 |
$1.25 |
-6.40% |
-6.40% |
|
Centro MCS 19UT |
$1.22 |
$1.39 |
-12.23% |
-12.23% |
|
Centro MCS 19NZ/I |
$1.26 |
$1.38 |
-8.70% |
-8.70% |
|
Centro MCS 20* |
- |
$1.33 |
- |
- |
|
Centro MCS 21 |
$2.14 |
$2.22 |
-3.60% |
-2.28% |
|
Centro MCS 22 |
$2.22 |
$2.20 |
0.91% |
3.74% |
|
Centro MCS 23 |
$0.97 |
$1.02 |
-4.90% |
-2.02% |
|
Centro MCS 24^ |
$1.09 |
$1.19 |
-8.40% |
-8.40% |
|
Centro MCS 25 |
$2.12 |
$2.22 |
-4.50% |
-0.93% |
|
Centro MCS 26 |
$2.10 |
$2.13 |
-1.41% |
13.51% |
|
Centro MCS 27 |
$1.55 |
$1.52 |
1.97% |
5.44% |
|
Centro MCS 28 |
$1.30 |
$1.37 |
-5.11% |
-4.41% |
|
Centro MCS 32 |
$1.25 |
$1.32 |
-5.30% |
-5.30% |
|
Centro MCS 33 |
$1.13 |
$1.25 |
-9.60% |
-8.13% |
|
Centro MCS 34^ |
$1.26 |
$1.40 |
-10.00% |
-5.97% |
|
Centro MCS 35 |
$1.00 |
$1.17 |
-14.53% |
-14.53% |
|
Centro MCS 36 |
$0.83 |
$0.90 |
-7.78% |
-17.00% |
|
Centro MCS 37 |
$0.92 |
$0.99 |
-7.07% |
-8.00% |
|
Centro MCS 38 |
$0.93 |
$1.00 |
-7.00% |
n/a |
|
Woodlands |
$2.15 |
$2.07 |
3.86% |
8.04% |
* Assets in these Syndicates are currently being marketed for sale; therefore, Centro MCS has determined that it is not prudent to publish a provisional NAB at this time.
^ Asset(s) in these Syndicates are undergoing development. The valuations have been based on the property value as at 31 December 2007 plus development expenditure incurred for the six month period to 30 June 2008.
Centro MCS - NAB Unit Valuation Policy
Disclaimer
The estimate of net asset backing provided in this document is not a promise, warranty or guarantee that that amount could be realised, whether on the sale of a unit in the investment or on a winding up or other realisation of all of the assets and liabilities of the investment. The estimate has been arrived at by the Directors in good faith and taking into consideration all those matters which the Directors consider should be taken into account for the purposes of making an estimate of the sort here made. The Directors make no other representation and give no other warranty in relation to the estimate and expressly disclaim responsibility for any loss that may be occasioned by any person who claims to have relied upon the estimate for any purpose whatsoever.