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Investa fund gathers $800 million in fresh equity

Nick Lenaghan
Nick LenaghanProperty editor

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Investa has quietly accumulated nearly $800 million in fresh equity for its unlisted commercial property fund, winning support from institutional investors through the depths of the coronavirus disruption.

Topped off by a $200 million vote of confidence from a single offshore investor just this month, the near $800 million raising exceeds the original target of $500 million. More money may be on its way as well, as further investors proceed through due diligence.

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com

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    Original URL: https://www.afr.com/property/commercial/investa-fund-gathers-800-million-in-fresh-equity-20200923-p55ycg