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Quarterly reports released
01 September 2008
Our quarterly publication, Outlook for the quarter ended 30 June 2008 is now available.
Outlook is designed to keep you informed of the latest developments in our Funds and to highlight their performance over the quarter.
The second quarter of 2008 has continued to be a challenging time for global financial markets, with evidence of enduring market uncertainty. We continue to manage all Funds and our business prudently to ensure we are well placed in the current environment. As you will read in this quarter’s Outlook, Orchard is undertaking a range of initiatives, both at a corporate and Fund level.
In this edition of Outlook we provide:
- an article on interest rates - looking at the possibility of rates
declining and the impact going forward;
- Orchard’s distribution guidance for the current financial year;
- an update on the prospect for investment withdrawals in the
current environment; and
- an update regarding the recent sale of Wesfarmers House for
$84.8 million by Orchard’s Commercial Office Fund.
You can access Outlook on our website in the Reports page on this site.