Charter Hall locks onto $2b Southern Cross in record office deal - The Australian Financial Review
4/28/2022 12:00:00 AM3 yearsago
by Nick Lenaghan
by Nick Lenaghan
While the sheer scale of the Melbourne deal is historic, there will more focus on its tight investment yield, which represents a strong sign of confidence in a market that endured two years’ of rolling lockdowns.
The transaction, being brokered by Cushman & Wakefield and CBRE, involves all of the larger 41-level, 80,000-square-metre Southern Cross east tower. Its joint owners, Blackstone and Brookfield, h… [+1390 chars]
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