GEO Property Group has settled its purchase in the responsible entity of GEO Property Trust with Octaviar Limited.
As a result, GEO will now be internally managed.
Meanwhile, Trojan Equity Limited, the company which bought Octaviar Premium Income Fund’s stake in GEO said it considered the group “an attractive undervalued asset”.
The 40.08 million units purchased represents approximately 9.4% of GEO’s issued capital.
Australian Property Journal
