Real Estate investment trust company, GPT, lists half share in $1.6 billion MLC Centre in Sydney’s CBD.
The A-grade building is standing at 228 metres tall and sits adjacent to the Sydney Metro project’s new Martin Place station. The high-rise is occupying one of Sydney’s largest freehold sites at 19-29 Martin Place.
The MLC Centre comprises 67,408 sq m of prime office space across 57 floor, in addition to 10,305 sq m of prime retail space.
The joint ownership also gives Dexus, which currently controls an Australian property portfolio valued at more than $22 billion, pre-emptive rights to the sale.
Image and article source: https://theurbandeveloper.com/articles/sydney-skyscraper-half-stake-hits-the-market
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