Roxy-Pacific sells Sydney office tower for A$158m

Singapore

AFTER a two-month search, Singapore property and hospitality group Roxy-Pacific Holdings has found a taker for its freehold office building at 59 Goulburn Street in Sydney, Australia.

On Monday, it announced that its subsidiary, Roxy-Pacific Goulburn, has signed a heads of agreement with investment firm I-Prosperity Group and private firm Toga D&C to sell them the 28-storey development for A$158 million (S$166.3 million).