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