| Unlisted Funds | NTA* | Published Date |
|---|
| Chevron Renaissance Property Trust |
$0.2816^^ | 20/12/11 |
| Childcare Property Fund |
$0.9473 | 13/10/11 |
| Commercial Office Fund |
$0.5054 | 13/10/11 |
| Diversified Property Fund |
$0.1085^^^ | 16/01/12 |
| Essential HealthCare Trust |
$0.0 Wound up | 24/06/11 |
| Primary Infrastructure Fund |
$0.5301 | 13/10/11 |
| Social Infrastructure Trust |
$0.0 Wound up | 26/06/11 |
| Hybrid Property Fund |
$0.5947 | 13/10/11 |
| Sydney HealthCare Trust |
$0.9339 | 13/10/11 |
| Sydney Land Syndicate |
$0.8068 | 13/10/11 |
| Banksia St Heidelberg JV |
$74,312.99^ | 5/12/11 |
| PHC Darlinghurst Syndicate |
$7,079.77 | 13/10/11 |
| PHC Darlinghurst Trust |
$1.3859 | 13/10/11 |
*Please note that this information may change at any time. Orchard does not guarantee that units can be realised at the published NTA values. The NTA is calculated by marking to market (pricing) all assets on the balance sheet as at 30 June 2011. Assets include all direct property assets and indirect investments (based on advised or estimated NTA). Liabilities are then deducted. The Diversified Property Fund (DPF) NTA includes Water Rights (an intangible asset), excludes the DPF’s Non-controlling interest in PIF and excludes the negative net assets in DPFNZ due to the outstanding liabilities being non-recourse to the DPF. The Primary Infrastructure Fund (PIF) NTA includes the value of intangible water rights held by PIF (valued at cost) which was $0.1833. Sydney Land Syndicate's reported NTA has been adjusted for independant property revaluation not recognised in the financial statements. As all funds are currently closed to new investments, and until further notice, we are publishing NTA value per unit only.
^Adjusted NTA, taking into account all disposal costs of the property and removal of the lease incentive asset, would be $71,837.99 per interest.
^^Unaudited, based on November 2011 management accounts.
^^^Estimated proforma adjusted 31 December 2011 NTA