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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.

October 06, 2020 By Jerome Doraisamy
James Kanabar
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Firm: Allens (Investa Property Group).

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.”

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Jerome Doraisamy

Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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