Mar 08 2017Add to Favorites
Carolyn Cummins, The Sydney Morning Herald
Investors are seeking a foothold in the booming Sydney office market with new assets worth more than $500 million up for grabs as the owners take advantage of the high demand.
One of the latest sales, as first revealed by Fairfax Media last year, is 20 Bridge Street, Sydney, the home of the Australian Securities Exchange, which has had unsolicited offers of up to $250 million and suggestions are it could reap as much as $325 million in the current strong market.
SOURCE: The Sydney Morning Herald
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After selling to New Zealand investor Brian Cook on a cap rate of c. 5% in mid-2016, the newly completed Woolworths stratum investment under the Omnia building in Potts Point is available for sale.
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