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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

$20.5

Settlement March - December 2010

Frances Park

50%

Residential

$0.9

Settlement February - August 2010

Total Funds Invested in Direct Developments  
$38.2
 

Indirect Development Projects
% Interest
Type
Book Value $m
Status
Tallwoods

100%

Residential

$12.6

Repayment between December 2010 & June 2011

Pendle Hill

Profit Participation

Industrial

$4.0

Target exit being December 2010

Beverley

Profit Participation

Industrial

$2.1

Target exit being December 2010

Nudgee

Profit Participation

Industrial

$2.7

Target exit being December 2010

Redmyre Road

Profit Participation

Commercial

$0.7

Target exit being December 2010

Total Funds Invested in Indirect Development Projects
$9.5