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Muted start for Newmark's Bunnings REIT

Shares in the Newmark Property REIT closed up 2¢ or 1 per cent on Monday after hitting the ASX bourse at noon. ....

New Zealand , New South Wales , Hervey Bay , Bunnings Eastgardens , Tim Church , Morgan Stanley , Bunnings Warehouse , Newmark Hardware , Cook Property Group , Newmark Hardware Trust , Chadstone Trust ,

Newmark Capital taps three brokers for hardware property float

Newmark Capital taps three brokers for hardware property float
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Melbourne-based property fund manager Newmark Capital has tapped Credit Suisse, E&P Financial Group and Moelis Australia to prepare its hardware trust for an ASX listing.
Bunnings is one of the anchor tenants in Newmark Capitalâs hardware trust. Â
Andrew Quilty
Street Talk understands the three brokers had been out meeting funds in the past week as part of a non-deal roadshow, before a potential float later this year.
Newmark manages nine unlisted property trusts, and its plan is to merge its Newmark Hardware Trust with its Chadstone Property Trust and take it public as the Newmark Property REIT (NPR). ....

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