Investec Australia Property Fund (ASX:IAP) has today announced its admission to the Official List of ASX following its successful IPO last week .
The property fund raised close to $102 million following an oversubscription and a successful bookbuild.
Official quotation of Investec securities is expected to commence at 12.00pm today.
The fund has over one billion worth of properties in its portfolio.
Investec says its portfolio has grown 8.2 times since listing on the Johannesburg stock exchange October 2013.