Funds hover over Melbourne CBD

Funds hover over Melbourne CBD

After announcing in its 2012 annual result that it had exceeded expectations with a net profit of $594.5 million, GPT has purchased a 50 percent interest in a Melbourne CBD office tower for its Wholesale Office Fund (GWOF).

March 11, 2013 0 Comments
GPT’s blue-chip unlisted office fund is acquiring a 50 per cent stake in the $320 million Ernst & Young tower in Melbourne

GPT’s blue-chip unlisted office fund is acquiring a 50 per cent stake in the $320 million Ernst & Young tower in Melbourne

GPT’s blue-chip unlisted office fund is acquiring a 50 per cent stake in the $320 million Ernst & Young tower in Melbourne from its owner, Cbus Property. The landmark tower rises from the historic five-storey Herald & Weekly Times building, which Cbus finished redeveloping in 2005.

March 4, 2013 0 Comments
GPT fund swoops on Cbus building

GPT fund swoops on Cbus building

GPT’s blue-chip unlisted office fund is acquiring a 50 per cent stake in the $320 million Ernst & Young tower in Melbourne from its owner, Cbus Property.

March 4, 2013 0 Comments
CBUS sells on Exhibition Street

CBUS sells on Exhibition Street

The $2.5 billion Investa Office Fund, in partnership with the Investa Commercial Property Fund, has spent $462 million to buy Leighton's development at 567 Collins Street, Melbourne.

March 4, 2013 0 Comments

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