Property trusts looking at buybacks as takeovers loom

By Carolyn Cummins
Updated December 3 2016 - 12:13am, first published December 2 2016 - 11:45pm
Takeovers and share buybacks could dominate the A-REIT sector, which invests in office towers. Photo: ccummins@fairfaxmedia.com.au
Takeovers and share buybacks could dominate the A-REIT sector, which invests in office towers. Photo: ccummins@fairfaxmedia.com.au

The "will they, won't they" move on Investa Office Fund by its largest shareholder, Cromwell Corp, has thrown the spotlight on to the real estate investment trust sector, prompting speculation of a fresh round of mergers and acquisition activity in the coming year.

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