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Centuria Capital Group to merge with Primewest combining over $15b of AUM

Centuria has today announced that it has entered into a BID with Primewest under which, subject to certain conditions, Centuria will make an off-market takeover offer for 100% of Primewest securities to effect a merger transaction. Primewest is one of Australia’s leading real estate funds management businesses managing $5.0 billion in assets across a range of listed, unlisted and private funds.

Under the Merger terms, Primewest securityholders will receive $1.51 per Primewest security, consisting of...

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