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Investors pump $14 billion in sales across office sector

Invest / Development Finance

Australia

Jun 07 2017

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Carolyn Cummins, The Sydney Morning Herald

Propertylink has sold its 320 Pitt Street, Sydney, assets for $275 million, which has helped to bump office sales across the country over the $14 billion level as investors take advantage of the favourable leasing conditions.

According to CBRE's head of research Stephen McNab, in the 12 months to the end of the first quarter, across national office, industrial and retail markets, sales totalled $28.2 billion.

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

SOURCE: The Sydney Morning Herald

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