From today's SMH:
Scentre eyes debt market as buyers circle AMP Capital
"Meanwhile, a number of potential buyers are said to be circling AMP Capital including Dexus, which has made an offer to merge its Dexus Wholesale Property Fund with the AMP Capital Diversified Property Fund
Charter Hall – which recently employed Carmel Hourigan, the former head of AMP Capital's real estate business – is also said to be running the ruler over the business. AMP Capital has about $192 billion of funds under management.
There is also market speculation that APN Property and the acquisitive ARA Asset Management, chaired by Dr Gary Weiss, are also interested parties. ARA is also locked in a long-running battle for control of Cromwell Property."
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From today's SMH: Scentre eyes debt market as buyers circle AMP...
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