Cromwell - Sold Properties

Owner prior to sale:: Cromwell Property Fund
Sector:: Service Centre
Location:: Cnr Princes Freeway & Pousties Rd & Cnr Princes Freeway & Hughes Rd, Avalon, VIC
Acquisition Date:: 29/06/06
Sale Date:: 26/07/10
Tenant/s at sale:: Princes Taj Pty Ltd (BP)

Owner prior to sale:: Cromwell Group
Sector:: Commercial
Location:: 4 Marucs Clarke Street, Canberra, ACT
Acquisition Date:: 30/06/03
Sale Date:: 16/09/09
Tenant/s at sale:: Commonwealth Director of Public Prosection
Details of sale:: The asset was purchased in June 2000 for $5.8 million and sold for $9.7 million.

Owner prior to sale:: Cromwell Group
Sector:: Commercial
Location:: 2 Corporate Crt, Bundall, QLD
Acquisition Date:: 01/12/05
Sale Date:: 01/10/07
Tenant at sale:: Professional Investment Services
Details of sale:: The asset was purchased in December 2005 for $44 million and sold for $67 million.

Owner prior to sale:: Cromwell Group
Sector:: Commercial
Location:: 8 St Georges Tce, Perth, WA
Acquisition Date:: 23/06/04
Sale Date:: 23/08/07
Tenant at sale:: RSM Bird Cameron
Details of sale:: The asset was purchased in June 2004 for $11.1 million; booking a gain on the sale of approximately $5 million after selling costs.

Owner prior to sale:: Cromwell Group
Sector:: Commercial
Location:: 59 Goulburn St, Sydney, NSW
Acquisition Date:: 28/05/02
Sale Date:: 23/07/07
Tenant at sale:: Envronmental Protection Agency
Details of sale:: The asset was purchased in May 2002 for $63.8 million; sale price was $92.5 million.

Owner prior to sale:: Cromwell Group
Sector:: Commercial
Location:: 206 Bourke St, Melbourne, VIC
Acquisition Date:: 23/06/04
Sale Date:: 25/06/07
Tenant at sale:: Village Roadshow
Details of sale:: The asset was purchased in June 2004 for $31.9 million; Sold for $32.75 million, $5.5 million above book value of $27.3 million.

Owner prior to sale:: Cromwell Planned Investment No. 4
Sector:: Commercial
Location:: 490 Northbourne Ave, Dickson, ACT
Acquisition Date:: 29/11/00
Sale Date:: 30/06/05
Tenant at sale:: Tenants
Details of sale:: Telstra House was acquired in November 2000 for $16.1 million and sold in July 2005 for $22.2 million. Cromwell recommended the sale of this property in early 2005, following a successful expression of interest campaign in late 2004. The sale of the property realised a 36% capital gain for investors in Cromwell Planned Investment No. 4 in addition to average annual returns over the life of the Planned Investment of over 11% pa.

Owner prior to sale:: Riverfront Planned Investment
Sector:: Commercial
Location:: 301 Coronation Dr, Milton, QLD
Acquisition Date:: 03/12/99
Sale Date:: 30/06/05
Tenant/s at sale:: Clough Engineering, Monadelphous Minerals and Technology
Details of sale:: 301 Coronation Drive was acquired in November 1999 for $17.5 million, and sold for $23.0 million in June 2005. Cromwell recommended the sale of this property in early 2005, following an off-market campaign. The sale was settled in June 2005 with investors in the Planned Investment achieving average annual returns in excess of 11% pa.