Internos buys loss-making GPT Halverton for EUR2

By A staff reporter 2009-12-15T00:00:00

Internos Real Investors said on Monday it has acquired GPT Halverton (GPTH), the European property fund management arm of Australian real estate investment trust The GPT Group, for the nominal sum of EUR 2. Internos said the price reflected GPTH's current loss-making position and the ongoing funding requirements of the ...

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