Direct Capital Ltd., a private equity firm, has completed an investment in Bayley Corporation Limited (‘Bayleys’). Bayleys is New Zealand’s largest full-service real estate agency and has a comprehensive presence throughout New Zealand and the South Pacific. In partnership with the global real estate corporation Knight Frank, Bayleys has acquired 73% of ASX-listed real estate company McGrath Limited (‘McGrath’). This strategic investment solidifies Direct Capital’s position in the real estate sector and expands its influence in the Australasian market.

Private Equity, Real Estate,New Zealand, Australia, South Pacific

https://www.directcapital.co.nz/news/2024/6/26/direct-capital-invests-in-bayleys