Allens advises on Investa Commercial Property Fund

Allens has advised Investa Property Group on an $800m capital raising for the Investa Commercial Property Fund (ICPF), surpassing the initial target of $500m.

ICPF’s portfolio includes 15 office assets, including premium buildings such as Deutsche Bank Place, Sydney; 60 Martin Place, Sydney; and 120 Collins Street, Melbourne.

‘We were delighted to work with the Investa Property Group team on this significant capital raising. The success of the raising, conducted in part during a global pandemic and in the midst of strict lockdown requirements, was especially pleasing and demonstrates investor confidence in ICPF and its portfolio,’ said Lead Partner, James Kanabar.

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