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Keppel Reit acquires Sydney commercial property for A$306m

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Sharon See

Sharon See

Published Sun, Sep 13, 2020 · 09:50 PM

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.

Keppel ReitS-ReitsAustraliaOffices

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