Original article by Nick Lenaghan
The Australian Financial Review – Page: 29 : 2-Aug-16

The GPT Metro Office Fund’s independent directors have expressed their support for a takeover offer from Growthpoint, which was judged to be superior to a rival bid from Centuria. Consequently, the latter decided against pursuing its bid. Investors in the GPT Metro fund can choose to receive either $A1.25 in cash and 0.3968 Growthpoint securities for each unit they hold or a cash offer of around $A2.50 per unit.

CORPORATES
GPT METRO OFFICE FUND – ASX GMF, CENTURIA METROPOLITAN REIT – ASX CMA, GROWTHPOINT PROPERTIES AUSTRALIA – ASX GOZ, GROWTHPOINT PROPERTIES LIMITED