Thursday, 6 October 2011
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Business Spectator, 7 Oct 2011
Macquarie Group is at the head of a consortium that includes Singapore's GIC and Canada's Public Sector Pension Investments fund that has made a $1.6 billion non-binding offer for Charter Hall, excluding its US portfolio.
The consortium on Wednesday raised its bid by four cents per unit, to $2.43, which analysts estimate to be a discount of more than seven per cent to the asset backing of the properties,... Full story
GIC in consortium bidding for Charter Hall Office REIT
Business Spectator, 7 Oct 2011Macquarie Group is at the head of a consortium that includes Singapore's GIC and Canada's Public Sector Pension Investments fund that has made a $1.6 billion non-binding offer for Charter Hall, excluding its US portfolio.
The consortium on Wednesday raised its bid by four cents per unit, to $2.43, which analysts estimate to be a discount of more than seven per cent to the asset backing of the properties,... Full story
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