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New Deal


Announced

Completed

Oxford Properties completed the acquisition of a 50% stake in Investa Office Management from Macquarie-backed MIRA Real Estate.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Australia

Majority

Real Estate Holding and Development

Private

Cross Border

Completed

real estate development

Single Bidder

Private Equity

Synopsis

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Oxford Properties, a real estate investment company, completed the acquisition of a 50% stake in Investa Office Management, a real estate development company, from Macquarie-backed MIRA Real Estate. Financial terms were not disclosed. “Australia is one of our highest conviction markets and our largest presence in Asia Pacific. The investment is a natural fit; our investment into IOMH gives immediate scale to our on-the-ground capabilities in Australia and will accelerate our ability to deploy capital in this market. Around the world, Oxford is building or investing in world-class businesses with world-class leadership which this transaction provides. We believe we can help grow IOM’s fund management business through our access to capital and deep relationships with global institutional investors. It also furthers our relationship with ICPF, which are already a co-owner on a number of OIPP assets and one of the best performing Australian office funds," David Matheson, Oxford Properties Head of Asia Pacific.

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