$450 Million Sale For The Melbourne CBD

Amidst one of the strictest lockdowns in the world, a Melbourne CBD office building has sold for $450 million plus. Dexus has announced the sale of 452 Flinders Street to Deka Immobilien, a German property fund which offers professional management of property assets for private investors. The company is part of The Deka Group and is the largest provider of open-ended real estate funds in Germany.

452 Flinders Street (also known as Riverside Plaza) is an A-grade, 19-storey office building…