Blackstone Group has made a A$3.08 billion ($2.3 billion) bid for Sydney-focused company Investa Office Fund (IOF).
IOF’s directors said they would unanimously recommend the unsolicited and non-binding offer.
Investa Office Fund is an Australia-listed real estate investment trust with a portfolio of 20 downtown office assets in Sydney and other cities.
The revised Blackstone bid is its third takeover attempt. The previous bids were made…