Newmark Property REIT (AU:NPR) has released an update.
Newmark Property REIT has experienced a significant shift in its shareholder landscape after BWP Management Limited increased its stake through an off-market takeover bid. The voting power of BWP in Newmark Property REIT has risen to 87.61% from a previous 86.32%, following shareholder acceptances of the takeover offers. This change in substantial holding underscores a notable change in the control dynamics of the REIT.
For further insights into AU:NPR stock, check out TipRanks’ Stock Analysis page.
