Transactions - JUNE 13, 2018

Blackstone to acquire Australia’s Investa Office Fund

by Andrea Zander

Blackstone has entered into a scheme implementation agreement to acquire Australia-based Investa Office Fund for A$3.08 billion ($2.3 billion), according to Reuters.

Investa Office Fund is an Australia-listed real estate investment trust with a portfolio of 20 downtown office assets in Sydney and other cities.

IREN reported Blackstone’s third bid in May.

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