Briefs: Firstfolio profit forecast and Westpac to get new premises

-- Firstfolio reduced/revised its forecast for operating EBITDA for the June 2012 financial year to between $16million to $18 million. Firstfolio cited "increasingly uncertain market conditions" as well as the delayed acquisition of Calibre, an funding entity.

-- National Australia Bank is seeking the identity of institutional investors that are party to a class action over losses incurred by the bank from investments in collateralised debt obligations. NAB first announced the losses in 2008 and continues to manage the exposures. The Financial Review reported that In the Supreme Court of Victoria NAB is seeking data on how many shares investors bought and sold and what information investors used to make their investment decisions.

-- Westpac will consolidate many of its operations in Melbourne in a new office tower on the corner of Russell Street and Collins Street. APN Property Group is the developer, with Grocon the builder.