Just to clarify for all.
Allco will only purchase the management entity Rubicon and not the actual funds (REU, RAT, RJT).
Their aim will be to strategically re-organise the 4-6 funds that the total group will manage and then potentially refinance and do capital return.
The aim will be to make all the funds trade closer to NTA.
It could take 2 months for the merger to be implemented and the strategy to be unveiled, however I believe the portfolio will be large in size and become a strong ASX200 weighted stock forcing most property funds to enter into it. This in itself is a catalyst for RAT.
Just to clarify for all.Allco will only purchase the management...
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