Prime Assets in Double Play

 
Unitholders may be interested to read the following article from the Financial Review dated 7 June 2012. The article suggests that:
 
* Stockland and Retire Australia are potential candidates to acquire the seven Prime Trust retirement villages currently for sale;
* the simultaneous sale of distressed property debt by BOS International (Capital Finance) has created uncertainty amongst potential bidders;
* Lend Lease Primelife will not be bidding for the villages; and
* a short-list of two to three bidders may be announced shortly.
 

AFR-Article-7-June-2012

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