Further to its announcements on 18 February 2019 (here) and 30 September 2019 (here), Brookfield Funds Management Limited, as Responsible Entity of Multiplex SITES Trust (SITES RE & ASX: MXUPA), provided an update to SITES holders on the Portfolio Sale by Brookfield Australia Property Trust (BAPT).
SITES RE has been advised by BAPT that the Portfolio Sale has been completed.
SITES RE continues to believe that it will be in the best interests of SITES holders to issue a Realisation Notice to SITES holders for redemption of SITES on 31 December 2019 at face value ($100) plus the final distribution payment for the period of 1 October 2019 to 31 December 2019.
SITES RE is aiming to issue the Realisation Notice to SITES holders no later than 20 November 2019.
