The independent directors of Vital Healthcare Property Trust have appointed KordaMentha to assess a partial takeover offer from its largest unitholder.
Canadian property investor Northwest Value Partners intends to buy the 5% stake of a related entity, Northwest International.
Northwest Value Partners owns just under 20% of Vital and also manages the trust's portfolio.
Under a Restricted Transfer Notice, Northwest is offering to pay between $1.15 and $1.38 a unit over the next year.
