This article is from the Australian Property Journal archive
INVESTORS in the Becton managed Southlands Boulevarde Property Trust have voted to extend the life of the trust.
The trust owns a 50% interest in Southlands Boulevarde Shopping Centre a sub-regional shopping centre located in metropolitan Perth.
Yesterday 86.3% unitholders voted in favour of extending the term of the trust to June 30 2010.
As a result, Becton has also refinanced its $21.75 million loan facility with Westpac. The loan facility has been extended until December 2009.
Australian Property Journal
