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Board of ​GPT Metro Office Fund recommends Growthpoint offer over Centuria’s

( August 1, 2016, 04:14 GMT | Official Statement) -- MLex Summary: The independent board committee of Australian real estate investment trust GPT Metro Office Fund has recommended the latest takeover bid from Growthpoint Properties Australia, determining it to be superior to Centuria Capital’s offer. Media reports say that Centuria — which has engaged Growthpoint in a takeover bidding war for GPT for months — can mull its next move until Aug. 16, 2016, the deadline for its bidder’s statement. The company's full statement is attached. ...

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