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PRELMINARY INDICATIVE TERMS Investment Name of Broker Currency of Transaction Property sale amount Current annual rent - Commercial

Real Estate Development - Manor - US Dollars - $182m - $13.2m (with possible increase in rate within 6 months) Current tenancy status Current project period Alternative investment option - Fully occupied - 1 year - Form REIT and sell to guaranteed buyers at 13 - 15% profit within 8 months

* REIT Real Estate Investment Trust PFA - Pension Fund Administrators

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