Original article by Bridget Carter
The Australian – Page: 21 : 12-Sep-14
GPT Group proposes to spin off six suburban office properties in a new listed property trust to be known as the GPT Metro Office Fund. Around 127 million units in the new trust would be issued in an IPO that would be worth up to $A225.2m. SG Hiscock & Company MD Stephen Hiscock describes the new trust’s upfront yield as "relatively attractive"
CORPORATES
GPT GROUP – ASX GPT,{SPAC}GPT METRO OFFICE FUND,{SPAC}SG HISCOCK AND COMPANY LIMITED,{SPAC}360 CAPITAL INDUSTRIAL FUND – ASX TIX,{SPAC}360 CAPITAL OFFICE FUND – ASX TOF,{SPAC}360 CAPITAL GROUP LIMITED – ASX TGP,{SPAC}INDUSTRIA REIT FUND – ASX IDR,{SPAC}AUSTRALIAN INDUSTRIAL REIT – ASX ANI,{SPAC}NATIONAL AUSTRALIA BANK LIMITED – ASX NAB,{SPAC}MORGANS FINANCIAL LIMITED,{SPAC}ORD MINNETT GROUP LIMITED,{SPAC}ALLENS,{SPAC}UBS HOLDINGS PTY LTD