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Investment

GPT Group bows out of CPA bidding war

GPT Group has conceded defeat to Dexus Property group and partner Canada Pension Plan Investment Board (CPPIB) in the battle to buy the Commonwealth Property Office Fund (CPA).

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Read more: GPT GroupCPACPPIBInvestmentASXCanada Pension Plan Investment BoardCMILCommonwealth Property Office FundDexusDexus Property groupAustralian Securities ExchangeCommonwealth BankCommonwealth Managed Investments LtdDecemberDexus Funds ManagementMichael CameronOctober strategy