MLC Centre, an office property in Sydney that was recently divested by the GPT Group. (Photo: GPT Group)

The GPT Group is divesting its 50% stake in MLC Centre, a class A officer tower and retail complex in Sydney’s central business district (CBD).

The property comprises 66,829 square metres of office space, 6,013 square metres of retail space, a theatre, and 308 car spaces.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.