This article is from the Australian Property Journal archive
Primelife has sold its 6.7% stake in Aevum to the PrimeLiving Trust at $1.85 per share in an off market transfer.
As a result of the sale, PLT has increased its interest in Aevum from 13.2% to 19.9%.
Primelife, through its relevant interest in PLT, will retain its 19.9% relevant interest in Aevum.
PLT is an unlisted trust, jointly owned and managed by Babcock & Brown, Primelife and MFS Limited.
By Kathryn O’Meara
