PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Shore Capital makes agreed offer for German manager Puma Brandenberg
The London Stock Exchange-listed real estate managers Shore Capital has made a recommended cash offer to take over the German real estate investor and manager Puma Brandenburg at 60 pence per share, valuing the latter at £83m. The transaction will merge Puma with Marble, an indirect wholly-owned subsidiary of Shore Capital and represents a premium to Puma shares of around 40% on the closing price on 10 June.