Notice of Valuation of Real Assets::June 2015 property valuations

Issuer & Securities

Issuer/ Manager
NOVION RE LIMITED
Securities
NOVION RE A$300M5.75%C160704 - XS0641119812 - 4XMB
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
27-Jul-2015 14:24:52
Status
New
Announcement Sub Title
June 2015 property valuations
Announcement Reference
SG150727OTHR75UW
Submitted By (Co./ Ind. Name)
Michelle Brady
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Federation Centres (ASX:FDC) announces that as at 30 June 2015, 36 of its 88 directly-owned properties (49 per cent by value) have been independently valued and the remaining properties have been subject to internal valuations resulting in a AUD371 million or 2.7 per cent increase on 31 December 2014 valuations adjusted for development capex. The valuations are subject to final audit and will be confirmed in Federation Centres 2015 annual results to be announced on 19 August 2015.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
30/06/2015Various independent valuers88 directly-owned properties (49 per cent by value)Australian Dollar14,269,000,000
Valuation of Reports available for inspection at address during office hours
Level 28
35 Collins Street
Melbourne VIC 3000
Australia

Attachments

24.07.2015 201507XX - June 2015 vals final.pdf
Total size =272K