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Syndicate swoops on Hawthorn office


Nicole Lindsay, The Sydney Morning Herald

A syndicate has snapped up aged care provider Benetas' head office in East Hawthorn, paying $24.65 million on a 5.5 per cent yield.

The deal, struck at a value above expectations, shows the strength of Melbourne's suburban office market where yields have already compressed 75 points in the past year.

Go to The Sydney Morning Herald and read the full story.

The Sydney Morning Herald
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