Core Property | Weekly Industry Updates

Propertylink receives proposal from ESR

The takeover battle between Propertylink (ASX: PLG) and Centuria Industrial REIT (ASX: CIP) intensified over the past week with the emergence of a third player, ESR Real Estate..

24 Sep 2018

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Propertylink bids for Centuria Industrial

In the past week PLG acquired a 12.3% stake in CIP at $2.99 per unit, before launching a takeover offer for CIP pitched at around $3.04 per unit, valuing CIP at $755M.The offer..

17 Sep 2018

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Blackstone continues to lead in the race for IOF

The bidding war for Investa Office Fund (ASX: IOF)has heated up in the past week with a new offer of $5.52 per unit being offered by Blackstone Group. The higher price was..

10 Sep 2018

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Chifley, Collins St and 61 Mary St hit the market

A number of key office towers in Sydney, Melbourne and Brisbane have been placed on the market in the past week. The offerings come off the back of a very strong office market in..

03 Sep 2018

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