Messages were coming in fast asking me what was happening to Saizen REIT as its unit price shot up. Well, this happened:
Further thereto, the Manager wishes to announce that the Manager has received a firm offer in relation to the assets of Saizen REIT which the Evaluation Committee and the joint financial advisers are currently reviewing and evaluating. No definitive agreements have been entered into and there is no assurance that the offer will be accepted and that definitive agreements will be entered into.
Earlier in the year, I had a blog post on how undervalued Saizen REIT was. Of course, it wasn't really a new angle on the REIT as I blogged about it many times over the last few years.
In that blog post back in April, I asked if investing in Saizen REIT was a good idea for you. Whether it was a good idea would ......