The Distillery: GPT pluck

Scribes are surprised by a smart CPA bid from GPT, and one notes it’s a departure from Michael Cameron’s easy-does-it approach.

GPT Group’s takeover bid for the Commonwealth Property Office Fund (CPA) caught the market off-guard yesterday, with many believing the Dexus Property Group-Canada Pension Plan Investment Board bid would go unopposed. GPT had other ideas, however, and its move has the commentariat expecting more bids in coming weeks.


SMS Code Sent…

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

Log in to access this content

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

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles