-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GCmzgMBlGQjukg1G9MwLnmRa5LgzSELRi/Nr3hVDdnw5rPTKwwGBGdbCXG6ISwFx LdGSj5YuqPncK1Xh3Ne0rQ== 0000893220-96-000041.txt : 19960123 0000893220-96-000041.hdr.sgml : 19960123 ACCESSION NUMBER: 0000893220-96-000041 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19951222 ITEM INFORMATION: Other events FILED AS OF DATE: 19960122 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD REAL ESTATE FUND II CENTRAL INDEX KEY: 0000823488 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 232482429 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10821 FILM NUMBER: 96505879 BUSINESS ADDRESS: STREET 1: VANGUARD FINANCIAL CENTER STREET 2: C/O VANGUARD GROUP CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 6106691000 8-K 1 FORM 8-K DATED 12/22/95 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 22, 1995 Vanguard Real Estate Fund II, A Sales-Commission-Free Income Properties Fund (Exact name of the registrant as specified in its character) Massachusetts 0-17656 23-2482429 - ------------- ------- ---------- (State of other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) Vanguard Financial Center, Malvern, PA 19355 - ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (610) 669-1000 2 INDEX
Page No. Cover Page............................................................ - Index................................................................. 1 ITEM NO. Item 1. Change in Control of Registrant.............................. 2 Item 2. Acquisition or Disposition of Assets......................... 2 Item 3. Bankruptcy or Receivership................................... 2 Item 4. Changes in Registrant's Certifying Accountant................ 2 Item 5. Other Events................................................. 2 Item 6. Resignation of Registrant's Directors........................ 2 Item 7. Financial Statements and Exhibits............................ 2 Item 8. Change in Fiscal Year........................................ 2 Signatures............................................................ 3
1 3 Item 1. Change in Control of Registrant None Item 2. Acquisition or Disposition of Assets None Item 3. Bankruptcy or Receivership None Item 4. Changes in Registrant's Certifying Accountant None Item 5. Other Events On December 22, 1995, Vanguard Real Estate Fund II (the "Fund") sold the remaining four buildings in its Penn Warner Industrial Portfolio ("Penn Warner") located in Bucks County, Pennsylvania for a contract price of $4,885,000. In connection with the sale, the Fund received net proceeds of approximately $4,620,000 after expenses associated with the sale. Penn Warner's carrying value as of the date of the transaction was approximately $4,393,000. In accordance with the terms of the advisory agreement between the Fund and Aldrich, Eastman and Waltch (AEW), the Fund incurred a disposition fee of approximately $70,000, representing 1.5% of the contract price less selling costs. The Fund also, at closing, paid a brokerage commission of $122,000. In 1989, the Fund invested $11,218,000 to acquire this industrial complex, which initially consisted of six, single-story buildings. Two of these buildings (the Beitel and Heucotech Buildings) were sold in the latter part of 1994 for net proceeds of $2,668,000. Item 6. Resignation of Registrant's Directors None Item 7. Financial Statements and Exhibits None Item 8. Change in Fiscal Year None 2 4 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Vanguard Real Estate Fund II, A Sales-Commission-Free Income Properties Fund DATE: January 9, 1996 BY: /s/ Ralph K. Packard -------------------------- ----------------------------- Ralph K. Packard Vice President and Controller 3 -----END PRIVACY-ENHANCED MESSAGE-----