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Macquarie acquires nine retail malls in China |
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27 July 2005 A company indirectly owned by Macquarie Bank Limited and a syndicate of institutional investors have purchased a portfolio of nine retail malls in the People’s Republic of China from a significant local property owner. The properties are located in major shopping precincts and are underpinned by long term leases to a strong mix of tenants. The Macquarie Group has contributed approximately $US38 million of senior debt and $US55 million of equity, representing approximately 24 per cent of equity raised. Macquarie will investigate a number of options for its interests in the properties including the possible partial transfer into a Macquarie managed fund within 18 months The transaction has no material impact on the Bank’s capital ratios. For further information, please contact:
Lotte Pang
Matthew Russell
Erica Sibree |
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information | Privacy
policy Macquarie Bank Limited ABN 46 008 583 542 |
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Where we provide any advice on this website, it has been prepared without considering your objectives, financial situation or needs. Before acting on any advice on this website, you should consider its appropriateness to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. Past performance of any product described on this site is not a reliable indication of future performance. Any Macquarie subsidiary noted on this page is
not an authorised deposit-taking institution for the purposes of the Banking
Act (Cwth) 1959. That subsidiary's obligations do not represent deposits
or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL).
MBL does not guarantee or otherwise provide assurance in respect of the
obligations of that subsidiary, unless noted otherwise. |