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The remaining development activities of the Trafalgar Corporate Group and anticipated exit timing are summarised below:

Direct Development Projects
% Interest
Type
Book Value $m
Status
Rhodes Shoreline

50%

Residential

$20.7

Settlement March - December 2010

Frances Park

50%

Residential

$0.3

Settlement February - August 2010

Total Funds Invested in Direct Developments  
$21.0
 

Indirect Development Projects
% Interest
Type
Book Value $m
Status
Pendle Hill

Profit Participation

Industrial

$0.2

Target exit being December 2010

Beverley

Profit Participation

Industrial

$2.3

Target exit being December 2010

Nudgee

Profit Participation

Industrial

$3.0

Target exit being December 2010

Redmyre Road

Profit Participation

Commercial

$0.6

Target exit being December 2010

Total Funds Invested in Indirect Development Projects
$6.1