Property investment giants link up on joint venture worth $2.3 billion

 Hong Kong-based Link Real Estate Investment Trust (Link REIT) has bought into a joint venture alongside Oxford Properties Group which consists of a prime office portfolio in Australia worth more than $2.3 billion.

Link will acquire a 49.9 per cent interest in the Investa Gateway Office (IGO) venture, while Oxford will own a 50.1 per cent interest.

Link dropped $596 million on its stake in the joint venture which will be managed by Investa - a leading owner, manager and developer of real estate in Australia.

Read More: https://www.businessnewsaustralia.com/articles/property-investment-giants-link-up-on-joint-venture-worth--2-3-billion.html




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