Morgan Stanley Real Estate executives held meetings in New York on Wednesday night to determine a shortlist of bidders for the $3 billion Investa Property Group sales process.
It is understood the successful candidates will be known by early next week.
Sources are tipping locally listed real estate companies Charter Hall and Dexus Property Group to be in the frame.
Meanwhile, site tours are held this week for the IPO of property developer Metro Property Group, which is now estimated to list with a market value of about $400 million through advisers Moelis and Morgans.
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Morgan Stanley Real Estate close to finalising shortlist of bidders for Investa property empire.
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