4. Consider the office yield curve from the LIC's presentation in Week 6. Using this methodology, what should have been the price of the actual building Anzac Park West? What is the price attached to the WALE? Was there sufficient demand for this building? Express the degree of demand in dollar terms. EG Funds Management paid AUD51 million to acquire ownership of the Anzac Park West (initial yield of 8.81%) in 2017. At the time, the Department of Defence signed a new 10-year lease of the entire building (14,486 sqm NLA). (2 marks) 15 Coefficient Estimate of the Parameters 14 9 B1 5.941 13 B2 8.035 P3 2.866 12 BA 4.330 Office Building Valuation 3 0.658 11 0.510 - Office Building Valuation 4 SSR 8.611 10 Yield % 11 Moore Street Anzac Park West 9 82 Northbourne Avenue 44 Sydney Avenue Childers Square -2-6 Bowes Street Office Building Valuation 2 23 Furzer Street - Valuation 6 Office Building Valuation 1 `50 Marcus Clarke Street 5 10 15 20 25 30 Weighted Average Lease Expiry . Initial Yield (Fully-Leased) ONSS