Investa advised on $800m cap raise
Allens has advised Investa Property Group on an $800 million capital raising for the Investa Commercial Property Fund (ICPF), surpassing the initial target of $500 million.
Firm: Allens (Investa Property Group).
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Deal: Investa has raised $800 million in a capital raising for its Investa Commercial Property Fund, besting its initial target of $500 million.
Value: $800 million.
Area: Funds management.
Key players: The Allens team was led by partner James Kanabar (pictured), who was assisted by partner Vijay Cugati, senior associates Anisha Desor, Patrick Boyle and Philip Marquet, associate Justine Gainsford, lawyer Amy Wang and senior paralegal Wayne Kwok.
Deal significance: Mr Kanabar said: “We were delighted to work with the Investa Property Group team on this significant capital raising. The success of the raising, conducted in part during a global pandemic and in the midst of strict lockdown requirements, was especially pleasing and demonstrates investor confidence in ICPF and its portfolio.”