24 February 2016

Brookfield Prime Property Fund (ASX: BPA) - Half Year Results 2016

Brookfield Capital Management Limited (BCML) as Responsible Entity for Brookfield Prime Property Fund (the Fund) announces the Fund's interim results for the six month period to 31 December 2015.

Key financial results include:

- net profit of $111.1 million (31 December 2014: $3.4 million);
- net assets of $345.9 million (30 June 2015: $352.9 million) or $7.06 per unit (30 June 2015: $7.20);
- total revenue and other income of $145.3 million (31 December 2014: $37.0 million);
- earnings per unit of $2.27 (31 December 2014: 6.88 cents);
- cash and cash equivalents of $76.9 million (30 June 2015: $17.1 million);
- portfolio value of $622.5 million (30 June 2015: $950.2 million or $615.0 million excluding Southern Cross East Tower and Southern Cross West Tower); and
- loan (total debt) to value ratio of 51% (30 June 2015: 60%)

Click here to view interim report

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Brookfield Prime Property Fund issued this content on 24 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 February 2016 21:46:22 UTC

Original Document: http://www.brookfieldprimefund.com/content/2016_announcements/2016_interim_results-43719.html