SUBSCRIBERS
ZACD fund acquires Melbourne office block
Published Thu, Jul 20, 2017 · 09:50 PM
Singapore
ASSET manager ZACD Group said on Thursday a fund managed by it has completed the acquisition of an office building in Melbourne for A$27.32 million (S$29.6 million).
It said the transaction, which marked ZACD's first foray into the Australian real estate market, was one of the largest in the outer Melbourne suburban office market in the past two years.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
UK house prices stagnate in April as higher mortgage costs bite
When buying a home is treated as a national security threat
After S$160 million makeover, SingLand eyes better take-up, higher rents at Singapore Land Tower
US renters seeing chance of owning a home at record low: NY Fed survey
Shenzhen eases home buying to revive sales in China tech hub
Far East Orchard looks to sell Rendezvous Hotel Perth Central for A$18.5 million