ANZ Funds Management investment manager Craig Tyson weights in on NPT's deal with Kiwi Property deal could solve NPT's scale issue.
Craig Tyson Thu, 06 Apr 2017
Opinion
The board of NPT has proposed a deal with Kiwi Property Group (KPG) that involves raising equity to buy two Wellington assets from KPG at a 2.5% discount to valuation ($235.8 million) and which more than doubles NPT’s size. KPG will also pay to externalise the management contract and