GIC, Charter Hall JV acquires A-grade office building in Sydney
The property will benefit from significant developments and infrastructure projects within the precinct, says GIC
Add BT as a preferred source
Singapore
SINGAPORE'S sovereign wealth fund, GIC, has entered into a joint venture (JV) partnership with Australia-listed property group, Charter Hall, to acquire an A-grade office building in Sydney for an undisclosed sum.
The Jessie Street Centre in Parramatta CBD (central business district) in Sydney has a net lettable area of 53,900 square metres (sq m) and provides retail offerings as well.
TRENDING NOW
CapitaLand Investment to restructure portfolio, recycle up to S$9 billion
Genting Singapore H1 profit falls 33.5% to S$156.1 million despite stable revenue
MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks
DBS names new heads for Hong Kong, Taiwan and Indonesia markets
