Oxford Properties Group is seeking a capital partner to invest approximately A$500 million ($325 million) in two completed build-to-rent apartment properties in Australia, according to The Australian.
Macquarie Capital is managing the process for the Indi properties in Southbank, Melbourne, and Pitt Street in Sydney. Oxford operates the Indi platform through Investa.
The proposed transaction is structured as a capital partnership rather than a sale of the properties. Both assets have been completed and are generating rental income.