Macquarie Asset Management-backed Macquarie Real Estate Partners completed a AUD120m investment in IDA.

Macquarie Asset Management-backed Macquarie Real Estate Partners, a real estate fund, completed a AUD120m investment in IDA, an Australian specialist real estate private credit and investment manager. “This strategic investment by MREP validates the quality and strength of our platform and will enable us to significantly enhance our offerings to our valued investment clients whilst also offering our borrower clients even greater flexibility, certainty and speed," Adam Kaye, IDA Founding Partner and Managing Director.