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Investors pump cash into office assets

Finance Markets / Market Trends

Australia

Apr 12 2017

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Carolyn Cummins, The Sydney Morning Herald

Investors are viewing the national office markets as the most attractive place for cash as evidenced by the more than $5 billion of assets that have changed hands in the past year.

One of the latest is the sale of 59 Goulburn Street, Sydney, to the Chinese group I-Prosperity and Toga D&C for $158 million. The vendor was the Singaporean-based Roxy-Pacific Holdings. The sale was through Colliers International and JLL.

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

SOURCE: The Sydney Morning Herald

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