Announced
Financials
Tags
Australia
Single Bidder
Public
property investment
Infrastructure Funds
property funds management
Friendly
Majority
Private Equity
Failed
investment management
Acquisition
Synopsis
Centuria Capital, a specialist investment manager terminated the acquisition of Augusta Capital, a property management platform for $118m. Centuria Capital decided to withdraw from the acquisition amid volatile market conditions due to the uncertainty and economic disruption caused by the coronavirus pandemic.
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