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Oxford Properties Acquires Investa Office Fund For A$3.4 Billion (c$3.3 Billion)

by benzinga.com posted 1month ago 11 views
Oxford acquires 5.3 million sq. ft. Investa Office Fund portfolio, comprising 19 prime office assets across Sydney, Melbourne, Brisbane, Perth and Canberra valued at approximately A$4.5 billion ($4.4 billion). Oxford and Investa will jointly manage the portfolio. Transaction represents Oxford's first step in building significant and diversified long-term exposure to Australia. SYDNEY, Dec. 14, 2018 /PRNewswire/ - Oxford Properties Group ("Oxford"), a premier global real estate investment, development and management company based in Toronto, Canada, today announced that it has closed its A$3.4 billion (C$3.3 billion) take-private acquisition of the Investa Office Fund ("IOF").

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