"Ansarada were there 24x7 for us." Michelle Dance, group executive, Investa Property Group.
“We entered into an agreement with Morgan Stanley Real Estate for an all cash offer to acquire $6.6 billion of stapled securities in Investa.
Providing and controlling access to the volumes of Investa due diligence material for Morgan Stanley and their extensive team of globally-dispersed advisors required a specialist solution. ansarada were able to simplify the process by providing a data room tailored with features to meet our exact requirements.
Ansarada were able to get our virtual data room up and running on the same day it was notified of Investa’s requirements by Gilbert + Tobin, our legal counsel. This allowed Gilbert + Tobin to populate the data room with documents immediately, whilst simultaneously facilitating access for the Morgan Stanley due diligence team.
I was impressed with Ansarada’s around the clock service and support. Ansarada were there 24×7 for us, working closely with our advisors to facilitate the deal in an intensive six week time frame.
With Ansarada’s data room we were able to control the flow of information and maximise the price per security received under the offer from Morgan Stanley.”
The $6.6 billion sale of ASX listed Investa Property Group to Morgan Stanley.