ALZ australand property group
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Hi Watford,I can find nothing specific in the terms about a...

  1. boomeronrations
    7,769 Posts.
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    11/12/12
    09:55
    Post #: 11172151
    Hi Watford,
    I can find nothing specific in the terms about a takeover.
    Redemption , however, comes with no bonus.
    But is this a takeover?
    Basically GPT just buying most of the property.
    Cant see anything to prevent the "assets" staying as they are, after such a transaction, with much poorer security backing them.
    Hopefully they will redeem them.

    cheers
    aazpb
    ALZ Price at posting: $3.21 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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