.
MergerLinks Header Logo

New Deal


Announced

BWP Trust to merge with Newmark Property REIT in a $517m deal.

Financials

Edit Data
Transaction Value£407m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Australia

REIT company

Real Estate Holding and Development

Acquisition

Domestic

Majority

Merger

Public

Pending

Friendly

Single Bidder

Synopsis

Edit

BWP Trust, a commercial real estate investment firm, agreed to merge with Newmark Property REIT, an Australian REIT, in a $517m deal. “The merger proposal demonstrates the trust’s ability to leverage its capital structure and disciplined focus on portfolio growth, consistent with our objective of providing unitholders with a secure and growing income stream and long-term capital growth,” Mark Scatena, BWP Trust Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US