Reasons for not accepting the Offer

  • You may consider there is the potential for a Superior Proposal to emerge in the foreseeable future

    It is possible that a Superior Proposal for Propertylink could emerge in the future. However, as at the date of this Target’s Statement, no alternative proposal has been received.

  • You may believe that ESR’s Offer Price is inadequate

    You may disagree with the Independent Expert’s finding that the Offer is both fair and reasonable to Non-Associated Securityholders, and the unanimous recommendation of the Directors to ACCEPT the Offer in the absence of a Superior Proposal.

  • You may wish to remain a Securityholder in Propertylink

    If you accept the Offer, you will no longer be entitled to exercise the rights of a Propertylink Securityholder, or participate in the future financial performance of Propertylink.

  • You may want to sell your Propertylink Securities on market

    You may wish to realise your investment in Propertylink through sale on the ASX if you expect proceeds may be higher, or that you will be paid sooner. Since the Initial Offer was announced on 21 September 2018, Propertylink Securities have not traded at prices higher than the Offer Price of $1.20.


If you have further questions in relation to the Offer, you can call the Propertylink Securityholder Information Line on 1300 889 468 (within Australia) or +61 2 8022 7954 (outside Australia) during the hours of 9:00am and 5:30pm (Sydney time), Monday to Friday (excluding national public holidays).

Within Australia

Outside Australia