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Property funds battle over GMF merger

Real estate investment trust Growthpoint Properties Australia says continuing its offer to merge with the GPT Metro Office Fund (GMF) via a trust scheme will be challenging as it faces competition for the fund from another investor.

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Read more: GMFCMACenturia CapitalGrowthpoint Properties AustraliaGPT Metro Office FundCenturia Property FundsCenturia Metropolitan REITJohn McBain