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Macquarie In Talks With Investa As It Eyes Return To Property Fund Management | News | Ipe Ra

by realassets.ipe.com posted 1year ago 58 views
Investment bank in exclusive negotiatiosn to buy Australian management platform. : Investment bank Macquarie has entered into exclusive negotiations to buy a stake in the management platform of Investa Property Group. Macquarie confirmed today that its wholly-owned subsidiary Macquarie Real Estate Investment Holdings (Australia) and Investa Commercial Property Fund Holdings (ICPFH) are in discussions. The proposal is to create a joint venture in which the Macquarie entity would directly acquire 50% of the shares held by ICPFH in Investa Office Management Holdings, the holding company of the manager and responsible entity of Investa Office Fund (IOF).

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