CFS Retail Property Trust became the first property trust to re-enter the domestic market last week, when it added $125 million to its September 2012 line to take outstandings to $225 million. The issue was priced at a very attractive 475 basis points over swap (yield: 9.435 per cent) for the 'A' rated issuer, which raises the question why didn't CFS try the retail market?Presumably the limited size of the issue would have made the cost of a retail issue prohibitive. As it was, the issue was reported as being more than two times oversubscribed.Another curious factor with the issue was CFS saying that it had no particular requirement for the funds. But we note that CFS has $200 million of bonds maturing at the end of July, so the funds just raised could help with that. CFS also has $300 million of bonds maturing in November next year. If CFS wishes to rollover this debt, a retail issue could be the way to go. As one of Australia's best performing retail property trusts, a listed bond issue from CFS should be well received by mums and dads.IFR reported last week that Australia's other premier retail property trust and developer, Westfield, was in the United States, roadshowing a planned s144A bond issue. No details were made available and nothing more was reported.Fairfax Media approached the market on Thursday, to buy back its $200 million June 2011 bond issue. This followed its relegation to junk status by S&P the week before. Offering to buy back a bond issue is not a first, but offering to do so at less than face value is a first for this market, as far as we know. Insto reported that Fairfax was offering 81 cents in the dollar for the bonds in an offer that was due to close at 3.00pm on Friday. Fairfax claimed the bonds, which were issued at a yield of 6.865 per cent (or 58 bps over swap) in June 2006, were being replaced with cheaper debt. Given the yield on the bonds, i.e. the cost of the debt to Fairfax, and that Fairfax CDS was marked in the high 800s before the announcement, the claim of cheaper debt seems hard to believe.And for the first week out of the last four, there was no SSA issuance last week.