Keppel Reit acquires Sydney commercial property for A$306m
Add BT as a preferred source
Singapore
KEPPEL Reit has acquired a freehold commercial property in Sydney for A$306 million (S$305 million), the real estate investment trust's manager said on Sunday.
It entered into an agreement with Sydney-based Goodman Group to acquire a 100 per cent stake in Pinnacle Office Park, a freehold Grade A commercial property comprising three office buildings in Macquarie Park, the Reit manager said in a press release.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources
