The backroom ructions about the future of the $9 billion Investa Property Group platform are set to finally see the light of day today.
The group was putting the finishing touches on documents last night that would see its well-flagged sales process officially kicking off after weeks of pre-marketing the business in Asia.
With investment banks Morgan Stanley and UBS steering the sales campaign, the interest in key assets, including Sydney’s Deutsche Bank Place, is tipped to be global.
Investa’s directors were set to sign off on the structure of a selldown at a board meeting yesterday and Investa Office Fund is due to report its interim results tomorrow.
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Finishing touches applied to documents that will kick-start long-awaited sales process.
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