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Victoria 

Mirvac moves to buy out trust

October 12, 2009February 22, 2021 Marc Pallisco

Mirvac Group today announced a $256 million bid to buy shares in the Mirvac Real Estate Investment Trust which it doesn’t own.

The implied value of 54 cents per unit prices the bid at $338.7m.

It would increase the manager’s ownership from 24.6pc.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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