Sept 13 (Reuters) - Investa Office Fund (IOF) :
- RECEIVED PROPOSAL FROM OXFORD PROPERTIES GROUP TO ACQUIRE 100% OF IOF FOR A CASH PRICE OF $5.60 PER UNIT
- ILFML RECOMMENDS THAT UNITHOLDERS TAKE NO ACTION AT THIS POINT
- BOARD OF ILFML IS CONSIDERING OXFORD PROPOSAL
- ILFML DIRECTORS CONTINUE TO UNANIMOUSLY RECOMMEND BLACKSTONE PROPOSAL IN ABSENCE OF A SUPERIOR PROPOSAL.
