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Balmain AQUA Income Trust - Unit Price Decline
06/07/2010 - pdf (336kb)

Redemption Offers for the Balmain AQUA Income Trust and Balmain AQUA High Income Trust (Balmain AQUA Income Trusts)
28/05/2010 - pdf (201kb)

From Inception to 20 April 2010, Mirvac AQUA (AQUA) was a 50/50 joint venture between:

Mirvac Real Estate Debt Funds Pty Limited is part of Mirvac Funds Management Limited (MFML), the property funds management arm of the Mirvac Group. Mirvac is a leading diversified property group focusing on property investment, development, funds management, property and hotel management. At 31 December 2008, MFML had approximately $7.6 billion in funds under management.

Balmain Funds Management Pty Ltd is a wholly owned subsidiary of Balmain NB Corporation Limited (Balmain). Balmain wholly owned subsidiary, Balmain NB Commercial Mortgages Limited has been originating and managing commercial mortgages around Australia for over 30 years. As one of the largest non-bank originators of commercial mortgages in Australia, it originates and renews over $4 billion in commercial mortgages each year and presently manages over $10 billion of commercial mortgage relationships at the borrower level.

Balmain generates a wide range of commercial mortgage loans from traditional registered first mortgages (senior debt) to construction and mezzanine loans. These are diverse by type, location, property sector, borrower and dollar size.

At a unit holders meeting held on 20 April 2010 the following changes occurred:

  • Balmain became the sole shareholder of AQUA, providing both continuity of management to IF and HIF and access to an expanded skill set in the origination, administration and management of commercial mortgages;
  • Permanent was appointed as the New Responsible entity;
  • A New Strategy will be implemented for the future operations of IF and HIF; and The name of IF and HIF will be changed to Balmain AQUA Income Trust and Balmain AQUA High Income Trust

Mirvac AQUA Income Fund & Mirvac AQUA High Income Fund Unitholder Meeting Results
- pdf (428kb)

Mirvac AQUA High Income Fund Unitholder Meeting Update
08/04/2010 - pdf (87kb)

Mirvac AQUA Income Fund Unitholder Meeting Update
08/04/2010 - pdf (88kb)

Zenith Client Research
06/04/2010 - pdf (56kb)

Important Documents Which Require your Immediate Attention (HIF)
08/03/2010 - pdf (100kb)

Important Documents Which Require your Immediate Attention (IF)
08/03/2010 - pdf (102kb)

Notice of Meeting & Explanatory Statement for your Mirvac AQUA High Income Fund
08/03/2010 - pdf (616kb)

Notice of Meeting & Explanatory Statement for your Mirvac AQUA Income Fund
08/03/2010 - pdf (570kb)

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