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Hot Property: The biggest property headlines from week 26 February to 1 March

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 1 March.

Western australiaSalter brothers tech fundHousing australia future fund

Small business fintech Prospa subject to $74 million takeover bid

Prospa s independent board has recommended the offer from Salter Brothers Tech Fund to take the fintech off the ASX.

Greg moshalNicole johnschwagerGail pembertonSalter brothers tech fundAustralian securities exchangeBeau bertoli

Prospa gets takeover offer from Salter Brothers Tech Fund

Prospa shareholders have been offered two options: cash out at 45¢ a share or roll-over into the unlisted holding company.

Gregg taylorHerbert smith freehillsGail pembertonSalter brothers tech fundEntree capital

Tech fund offers to buy Prospa

Non-bank's board backs proposal

New zealandGreg moshalGail pembertonSalter brothers tech fundBoard committeeBeau bertoliIndependent board committeeSalter brothers tech fund

Prospa to be acquired

The SME lender has entered into an agreement to be acquired by a consortium led by investment managers, Salter Brothers Tech Fund.

New zealandGreg moshalGregg taylorGail pembertonSalter brothers tech fundWales supreme courtBeau bertoliPartners facility agreementCash considerationForeign investment review boardNew south wales supremeSuperior proposalIndependent expertScheme implementation deedPartners funding

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