GPT acquires Eclispe Tower for AUD277.6 million


Australia-listed REIT, The GPT Group, has exchanged unconditional contracts to acquire a 100% interest in Eclipse Tower at 60 Station Street, Parramatta, Sydney, for AUD277.6 million (USD202 million).

The 22-storey property is located directly across from Parramatta’s main bus and train interchange, features 25,700 square metre of leasable office area, and has a weighted average lease expiry (WALE) of 4 years.

To read the full article, please login or subscribe.


Comments are closed.