Investa launches Tropical Home Buyer’s Guide in Darwin
The first comprehensive guide to educate home buyers in Australia’s tropical north about the benefits of incorporating sustainable features into their new home was launched at the Breezes Muirhead Land Sales & Information Centre, Darwin. The Guide was produced by Investa Property Group and Defence Housing Australia with the sustainability expertise of the Institute for Sustainable Futures at the University of Technology, Sydney. Read more
Investa aims to increase the sustainability of tropical housing
Darwin is projected to experience a dramatic increase the number of days with temperatures exceeding 35º Celsius by 2030*, highlighting the need for a more sustainable approach to new tropical housing. The city currently has …
Investa refinances AU$1.9 billion in a landmark deal for 2012
Investa Property Group today announced it has successfully refinanced debt facilities valued at AU$1.9 billion on the Investa Property Trust ("IPT") office portfolio. This is the largest property refinance in Australia in the last five years and believed to be one of the largest globally since the GFC. Read more
Investa finalises major leasing deals at 260 & 280 Elizabeth Street Sydney
The flight to value for money office accommodation continues in the southern precinct of the Sydney CBD office market, with Investa recently finalising leases on more than 7,100 sqm of space at 260 and 280 Elizabeth Street, Sydney. Read more
Investa Commercial Property Fund to acquire a further stake in 126 Phillip Street Sydney
Investa Commercial Property Fund has announced its intention to exercise its pre-emptive rights to buy up a further interest in Deutsche Bank Place at 126 Phillip Street, Sydney, one of Australia's premier CBD office properties. Read More
231 Elizabeth Street Sydney to be offered for sale
Investa Property Trust in conjunction with co-owner Investa Commercial Property Fund today announced 231 Elizabeth Street, Sydney will be offered to the market for sale. The offering provides a rare opportunity to purchase 100% freehold interest in a quality A-Grade Sydney CBD asset, occupied by Australia's largest telecommunications carrier Telstra.
Investa Office Fund (ASX: IOF) | Sale of Final US Asset
Investa Office Fund ("IOF" or the "Fund") today announced that it has exchanged a purchase and sale agreement for the sale of the Fund’s 49% partnership interest in 900 Third Avenue, New York, for US$172.7 million (US$592 per square foot), completing the sale strategy for the Fund’s US portfolio.
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.
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.
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.
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.