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(SWRPH) Ferret's Stock to Watch: RONIN PROPERTY TRUST.
(From RWE)
A PROPERTY PORTFOLIO GROUP A DEVELOPER WOULD KILL TO OWN Sydney - Friday - October 1:(RWE) *********************************** OVERVIEW ******** Investors might do well to have a close look at units of Ronin Property Trust fully paid stapled securities despite the market already being aware of the merger proposal from the Multiplex Group.
It seems to be a great prize for a property developer like Multiplex.
Ronin Property Group focuses on property funds management specialising in the ownership and management of prime office real estate.
Currently the Group manages Ronin Property Trust comprising 13 prime investments having a total value of approximately $1.7 billion. Yesterday Ronin confirmed to the Australian Stock Exchange "the receipt of the Multiplex bidder's statement and acknowledged the Multiplex offer proposed to be made to Ronin …
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