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CENTURIA OFFICE REIT — Merger & Acquisition 2016
Aug 1, 2016
64683_rns_2016-08-01_47280d6e-d16b-49b9-abc8-d5aa42f060c3.pdf
Merger & Acquisition
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THE GPT METRO OFFICE FUND ANNOUNCES
2 August 2016
GMF notes Centuria not proceeding with takeover offer
GPT Platform Limited ( Responsible Entity ) as responsible entity of GPT Metro Office Fund ( GMF ) notes the announcement by Centuria[1] on 1 August 2016 that Centuria will not be proceeding with its proposed takeover offer to acquire all of the outstanding units in GMF ( Centuria Offer ).
As set out in the Target's Statement dated 1 August 2016 in relation to the takeover offer from Growthpoint[2] to acquire all of the outstanding units in GMF ( Growthpoint Offer ), the Independent Board Committee ( IBC ) of the Responsible Entity recommends that GMF unitholders ACCEPT the Growthpoint Offer, in the absence of a superior proposal. As at the date of this announcement, the Growthpoint Offer is the only offer available to GMF unitholders and no additional proposals have emerged.
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For further information, please contact:
Chris Blackmore Scott Rochfort Fund Manager Media and Content Manager 02 8239 3512 02 8239 3938 0404 288 892 0438 733 864
1 Centuria Property Funds Limited as responsible entity of Centuria Metropolitan REIT.
2 Growthpoint Properties Australia Limited as responsible entity for the Growthpoint Properties Australia Trust.
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