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Exchange House could reap $130m for owners

Finance Markets / Latest Activity

Australia

Jul 17 2017

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Carolyn Cummins 

Originally published by The Sydney Morning Herald

The dash for high-end office towers has seen more than $4 billion worth of asset change hands along the eastern seaboard in the past two months, triggered by the strength in the underlying leasing market.

Dexus has been one of the busiest, buying a half share of the MLC Centre in Sydney, 100 per cent of 100 Harris Street, Pyrmont, and an industrial property in Melbourne, for a combined $739.3 million. More deals are on the cards, including part of Brookfield's $1.8 billion Wynyard Place project, this financial year.

 

Go to The Sydney Morning Herald to read the full story.

SOURCE: The Sydney Morning Herald

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