CBA offers to internalise property groups

Bank makes 'conditional, incomplete' proposal to bring management in-house.

Commonwealth Bank of Australia Ltd has made an offer to the board of Commonwealth Managed Investments Limited to bring the management of the Commonwealth Property Office Fund (CPA) and the CFS Retail Property Trust Group (CFX) in-house.

The proposal to the retail trust group also means it would acquire the wholesale property funds management business and the integrated retail property management and development business owned by the bank.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles