Investa Commercial Property Fund plans A$500m fundraise

Investa Commercial Property Fund plans A$500m fundraise

Sydney-based Investa Commercial Property Fund (ICPF) is preparing to launch a roadshow to raise A$500m (€308m) to finance new acquisitions and its development projects. ICPF, which owns some of Australia’s best office buildings, predominantly in Sydney and Melbourne, will look to Asia, the UK, Europe and North America for fresh equity. Although the planned raising will be launched next week,…