Mirvac in talks to buy Westpac Office Trust
MELBOURNE |
MELBOURNE (Reuters) - Mirvac Group (MGR.AX) has entered exclusive talks to buy Westpac Office Trust WOT.AX, which on its last trade was worth A$369 million, Westpac said on Wednesday after holding talks with several interested parties.
Westpac Office Trust's manager, Westpac Funds Management Ltd (WFML) said Mirvac has been granted access to its books.
"WFML emphasizes...that there is no certainty that the discussions will lead to a transaction which the independent directors of WFML will recommend to WOT investors," it said.
(Reporting by Sonali Paul; editing by Balazs Koranyi)
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