Australia: AUHPT rejects NorthWest’s latest A$2.55 per unit advances

The third and most recent proposal from NorthWest Healthcare Properties REIT to acquire 100% of the units of Australian Unity Healthcare Property Trust (AUHPT) has been rejected. At the end of May, Canada-listed NorthWest REIT raised its offer for AUHPT to A$2.55 (US$1.97) per unit, implying a total equity value for AUHPT of A$2.1bn. It…

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