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Abacus, KKR and Riverlee Group sell World Trade Centre in Melbourne

People & Companies / Latest News

Australia

Feb 10 2017

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Simon Johanson, The Sydney Morning Herald

One of the world's largest private equity groups, a wealthy investor and an ASX listed property fund have sold the World Trade Centre in Melbourne for $267.5 million, gaining a $99.5 million capital increase in just over two years.

Abacus Property Group, global private equity firm KKR and privately-owned Riverlee Group have sold the three-tower complex on the north bank of Yarra River in Melbourne.

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

SOURCE: The Sydney Morning Herald

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