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Becoming a substantial holder for IPG

Document date:  Wed 26 Mar 2003
Published:  Wed 26 Mar 2003 15:44:41
Document No:  291741
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

INVESTA PROPERTY GROUP                        2003-03-26  ASX-SIGNAL-G

HOMEX - Sydney                                                        

Australia and New Zealand Banking Group Limited became a substantial
shareholder in Investa Property Group on 12/02/2003 with a relevant
interest in the issued share capital of 44,969,931 ordinary shares 
fully paid (5.16%).