IntroductionDue to the Organizational Finance assignment question, I am sheeny to present the Babcock and chocolate-brown lacquer shoes trust the localise ended 31 June 2006 annual report and the first fiscal report covering period from 31st January 2005 to 30th of June 2005. company backgroundBabcock & angstrom unit; Brown Japan Property organized religion is a listed property trust which invests in the real estate of the realm trade of Japan. Its portfolio comprises pleases in office, retail and residential properties. The leave was establish on 31 January 2005 and became a registered scheme under the Corporations make for 2001 on 17 February 2005. The Trust listed on the Australian shopworn qualify on 4 April 2005. The Trust currently holds interests in a portfolio comprising 35 office, retail and residential properties. The Responsible Entity of the Trust is Babcock & Brown Japan Property Management particular (a footslogger of Babcock & Brown). Asse t counseling services in Japan are generally undertaken by Babcock & Brown Co., Ltd. (also a subsidiary of Babcock & Brown). The Board of the Responsible Entity is trustworthy for protect the rights and interests of all investors and is accountable to investors for the overall governance and centering of the Trust. As at 31 August 2006, the Trust had 3,201 loving unit holders and a market capitalization of approximately $907 million. corporate goals (i.e. enthronization Policy)The Investment Policy of the Trust is designed to bind and enhance Unit holder returns.
The main elements of this policy are :?Acquire interest in properties which:oare ! expected to provide sustainable earnings; advise opportunities to create Unit holder appraise including by means of redevelopment, reposition and applying more pro-active and cost-effective asset management; oroAre development projects where the risks associated with much(prenominal) projects can be reasonably mitigated through juncture ventures, pre-commitments from tenants or other measures?Hold interests in property in the form of:oTrust Beneficiary Interest;oownership... If you want to pay back a full essay, order it on our website: OrderCustomPaper.com
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