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
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
Think twice about rebuilding that old landed property into a super-big house to max out GFA
More retrenched white-collar workers in Singapore seeking unions’ help
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
DBS Research and UOBKH eye Singtel, Venture as top picks for June