Request 2 (b) Briz's manager is contemplating expanding the Trust's investment portfolio and provides the following information: a) total acquisition cost of the expansion will be $1,750m b) Briz's in-house maximum debt to asset target ratio is 45% c) the going market LVR is 70% (i) What is the structure of the new financing arrangements likely to be? Show all workings clearly. Now, assume the following: a) loan interest can be fixed at 7.0% pa for the next 3 years b) initial distribution to equity of 7.5% is required c) management fee is 0.5% d) 75% of the new investment will be leased for $95m pa e) estimated rent on vacant areas will be $20m pa f) a vacancy rate of 11.5% is expected (ii) Comment on the feasibility and prospects of the proposed expansion. Show all workings clearly