PropertyEU

GPT acquires remaining 50% in Halverton

By A staff reporter 2007-06-11T00:00:00

Australian investment trust GPT Group has agreed to pay A$94 mln (EUR 70 mln) for the 50% it did not already own in UK peer Halverton Real Estate Investment Management. GPT already holds 50% of Halverton through a joint venture with Australian bank Babcock & Brown. Halverton has almost EUR ...

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