Citco: Singapore hedge fund-linked entity makes unsolicited bid for Hankyu Hanshin REIT

Citco Trustees Limited, acting as trustee of the 3D Endeavor Master Fund - II, has initiated an unsolicited tender offer for select investment units of Hankyu Hanshin REIT. This is the second known instance in which the fund, which is linked to Singapore-based 3D Investment Partners, has launched an unsolicited bid for a Japanese REIT [...]