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Oxford unveils $1.8 billion Investa divestment plan

Nick Lenaghan

Canada's Oxford Properties has included some of the largest assets in the former Investa Office Fund's holdings for divestment, with about 40 per cent by value of the $4.3 billion portfolio now on the market.

Oxford, the real estate arm of Canadian pension fund giant OMERS, has included the half-stake it controls in Sydney's Piccadilly Complex – it is jointly owned with Stockland – in the sell-down, a stake last valued at $323 million.

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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/real-estate/oxford-unveils-18-billion-investa-divestment-plan-20190306-h1c1yn