Australia: AUHPT to raise equity and join forces with Dexus in wake of Northwest offer

Australian Unity Healthcare Property Trust (AUHPT) is to raise equity to fund a A$1bn (US$770m) development pipeline and the strengthen balance sheet to capitalise on acquisition opportunities. AUHPT is to raise up to A$320m via a A$120m entitlement offer of wholesale units to existing unitholders, o A$180m cornerstone placement to Dexus at A$2.60 per share…

You must be a HMI Subscriber to view this content.

Subscribe Now »