Brief: Spring REIT responds to offer by Re Strategic Investments

Spring Real Estate Investment Trust

28/11/2018 14:54

Nov 28 (Reuters) - 
    * SPRING REIT RESPONDS TO OFFEROR’S ANNOUNCEMENT IN RELATION
TO
VOLUNTARY CONDITIONAL CASH OFFER BY RE STRATEGIC INVESTMENTS
    * SPRING REIT SAYS UNSOLICITED OFFER HAS FORCED UNITHOLDERS
TO
MAKE BINARY CHOICE BETWEEN SHORT-TERM CAPITAL GAIN AND LONG-TERM
DISTRIBUTION PROSPECTS
    * SPRING REIT SAYS OFFER HAS RESULTED IN GAINS NOT
MATERIALIZED
FOR UNITHOLDERS WHO TENDERED UNITS, UNNECESSARY HASSLE FOR THOSE
WHO DID NOT ACCEPT
    * SPRING REIT SAYS PLEASED THAT THIS PROCESS HAS COME TO
CONCLUSION, ALLOWING US TO RETURN FULL ATTENTION TO MANAGING
SPRING REIT


 ((Reuters.Briefs@thomsonreuters.com;))