Acquisition Of Mirvac Office Trust (Formerly Westpac Office Trust (“WOT"))
In July 2010, WOT Unitholders approved Mirvac Group’s acquisition of all WOT units and instalment receipts (“IR”) via a Scheme of Arrangement (“Scheme”) which was implemented in August 2010. The Scheme offered WOT Unitholders/IR holders the opportunity to receive 0.597 Mirvac Securities for every WOT Unit/IR held or $0.86 cash per WOT Unit/IR held. The strategic acquisition added some $1.1 billion of investment grade assets to Mirvac.
Acquisition Of Mirvac Real Estate Investment Trust (“MRZ”)
In November 2009, MRZ Unitholders approved Mirvac Group’s acquisition of all MRZ units via a Scheme of Arrangement (“Scheme”) which was implemented in December 2009. The Scheme offered MRZ Unitholders the opportunity to receive 1 Mirvac Security for every 2.6 MRZ Unit held or $0.55 cash per MRZ Unit up to 20,000 MRZ Units plus 1 Mirvac Security for every 2.6 MRZ Units in excess of 20,000 MRZ Units. The combined portfolio and operations created a stronger and more diversified property investment portfolio, benefiting both existing and new Mirvac securityholders.
Acquisition Of James Fielding Group (“JFG”)
In October 2004, JFG Securityholders approved Mirvac Group’s acquisition of all JFG securities via a Scheme of Arrangement (“Scheme”) which was implemented in January 2005. The Scheme offered JFG Securityholders the opportunity to receive 0.73 Mirvac Securities for every JFG security or participate in the cash out facility at a price equivalent to $3.33 per JFG Security. The merger between Mirvac Group and JFG in January 2005 brought together two respected and experienced management teams in property investment and development.
Mirvac Property Trust History
The following information is provided to assist past and present Mirvac Group securityholders trace their holding.