Jul 27, 2026 – 1.37pmLocal fund manager Investa has teamed up with US investor BGO to buy up a $715 million portfolio of office buildings in Sydney and Brisbane from ASX-listed Dexus, in the latest example of how both domestic and international investment houses have begun buying into Australia’s office market recovery.BGO is a Miami-based property investor, now under the control of Canadian financial services giant Sun Life. It has about $143 billion in funds under management.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Investa swoops on discarded Dexus office blocks in $715m deal
Major local and foreign investors have begun buying back into Australia’s office market recovery, with Sydney and Brisbane CBDs winning early confidence.
TL;DRAI
Investa and BGO (Sun Life-controlled US investor, $143B AUM) acquire $715M office portfolio from ASX-listed Dexus in Sydney and Brisbane. Deal signals Australian office market recovery; international institutional capital returns to real estate post-pandemic disruption.
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