Blackstone Defeated on Investa Office Fund Bid

Posted on 10/18/2018


The Blackstone Group threw in the towel on a bid to take over the Investa Office Fund, a vehicle that owns prized Australian office properties. This clears the way for Oxford Properties’ A$ 3.35 billion (US$ 2.4 billion) all-cash bid for the fund. Blackstone Group informed Investa it would not match Oxford Properties’ bid. The […]