Westpac, ASB, CBRE surprised to be named in Du Val investor pitch

Big names filled the corporate directory of this Du Val information memorandum, which was news to them. (Image: BusinessDesk)

Garth Bray

Wed, 27 Nov 2024

Companies listed in a Du Val investor information memorandum are denying any role in preparing the document.Westpac, ASB and real estate company CBRE all required copies of the document from BusinessDesk before they could establish any involvement in its development, and all have disavowed it.“CBRE and [its advisory firm] TelferYoung did not provide formal advice to support any of the content, nor have we provided any valuation advice on the underlying entities related to Du Val Property Group,” said CBRE marketing director Dan Scot...

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