BWP Trust (AU:BWP) has released an update.
BWP Trust has increased its substantial holding in Newmark Property REIT, with voting power surging from 87.61% to 90.71% following an off-market takeover bid. The change occurred on April 24, 2024, as BWP Trust accepted offers for all issued ordinary securities in Newmark Property REIT, enhancing its control and influence in the company.
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