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Australia

  Melbourne, Unit Trust Holder meetingMelbourne, Australia - Our first overseas property investment is in Australia with a purchase of an office building. This purchase was made through Glomac’s Australian subsidiary.The building includes a
7-level carpark with 445 bays and 5130sqm of office and 324sqm of retail space. Glomac paid $30.5 million for 380 Lonsdale St. We believe the property has great long-term investment potential as the commercial market in Australia is about to enter into a period of growth.