CIP 0.63% $3.20 centuria industrial reit

Sept 21 (Reuters) - Real estate investment trust Propertylink...

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    Sept 21 (Reuters) - Real estate investment trust Propertylink Group (PLG) said on Friday the Australian arm of real estate developer ESR Group had made a A$693.2 million ($504.9 million) takeover offer for the company.

    ESR offered A$1.15 in cash for each share in Propertylink, a 9.5 percent premium to the stock's last close, Propertylink said in a statement.

    Propertylink added that ESR's offer was subject to Propertylink not proceeding with its takeover offer for peer Centuria Industrial REIT (CIP) .

    ($1 = 1.3731 Australian dollars)

 
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Last
$3.20
Change
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Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
$3.20
  Change
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