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Recent Mergers and Acquisitions

Propertylink Group Takeover bid for Centuria Industrial REIT Acquisition by ESR Real Estate

In September 2018, Propertylink Group (ASX: PLG) announced a non-binding and indicative proposal to acquire all of the outstanding units in Centuria Industrial REIT (ASX: CIP), a proposal which was rejected by the target company.

In the following months, Propertylink Group itself became subject to a takeover from ESR Real Estate, a Singapore headquartered REIT. This acquisition was successfully completed on March 13, 2019.

Morrow Sodali Australia served as advisor and proxy solicitor for both transactions.

Find more information here

Topics

Propertylink Group Takeover bid for Centuria Industrial REIT Acquisition by ESR Real Estate

Topics

In September 2018, Propertylink Group (ASX: PLG) announced a non-binding and indicative proposal to acquire all of the outstanding units in Centuria Industrial REIT (ASX: CIP), a proposal which was rejected by the target company.

In the following months, Propertylink Group itself became subject to a takeover from ESR Real Estate, a Singapore headquartered REIT. This acquisition was successfully completed on March 13, 2019.

Morrow Sodali Australia served as advisor and proxy solicitor for both transactions.

Find more information here

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