Investa Commercial Property Fund on track to complete successful capital raising
Investa Property Group today announced it would this week close a A$110 million capital raising for its flagship wholesale fund, Investa Commercial Property Fund. The proceeds will be used to acquire interests in two of Australia's pre-eminent office buildings -120 Collins Street, Melbourne and 400 George Street Sydney.
Investa announces upcoming retirement of IOF Fund Manager and appointment of successor
Investa Property Group has announced that Tino Tanfara, Fund Manager of Investa Office Fund will be retiring from the role effective 1st February 2012.
IOF completes successful US asset sale
Investa Office Fund today announced it has exchanged a purchase and sale agreement for the sale of the Fund's 80% partnership interest in the Homer Building in Washington DC. The sale price of the asset (based on a 100% interest) is US$315 million, reflecting an 11.7% premium to the 30 June 2011 book value of US$282 million.
Darwin embraces sustainable development
A focus on sustainability at Investa Property Group’s residential development in Darwin has been well-received, with 27% of stage one selling in one day during an off-market release, ahead of the estate’s public launch on Saturday 19th November. Being developed in conjunction with Defence Housing Australia, the estate will be the first residential development in the Northern Territory to deliver an environmentally and socially responsive community.
Investa signs land deal with TRUenergy for major power station at Ipswich Industrial precinct
Investa Property Group ("Investa") today announced a deal with leading Australian energy group TRUenergy to develop a major new power station on a 25 hectare site at Swanbank Enterprise Park ("Swanbank") in Ipswich.
New school for Brentwood Rise
Families at Brentwood Rise in Queensland are delighted with their new school, Augusta State Primary which welcomed almost 300 boys and girls at the beginning of the school year.
Best of both worlds in WA
With views of the Darling Ranges and close to the nature trails of Jarrahdale, Investa’s new estate in Mundijong, Western Australia is already attracting interest. Millars Run is located 50 minutes south of Perth and …
Land release with a Chery on top
With less than 10 per cent of lots remaining for sale at Bellflower on the Sunshine Coast, Investa opted for a juicy incentive for purchasers – a new Chery car with every land sale.
Kooindah Waters welcomes Accor
Investa’s Kooindah Waters resort on the NSW Central Coast has joined more than 4,200 hotels in 90 countries to be managed by the world’s leading hotel operator, Accor.
Sustainable living for Darwin
Investa has commenced one of the largest housing projects undertaken in Darwin since Cyclone Tracy. Breezes Muirhead has been designed to complement Darwin’s tropical climate and lifestyle. Allotments are orientated to capture the prevailing dry and wet season cooling breezes, with design guidelines encouraging home owners to adopt a sustainable approach to architecture and design.
Industry giants bring investment and jobs to Ipswich
Today (Friday 26 August 2011) Investa Property Group (“Investa”) combined forces with Mayor of Ipswich, Paul Pisasale and global construction materials group Holcim, to announce a new industrial project set to inject more than $100 million into the region and deliver hundreds of new jobs.