$270 Million Sydney Sale

59 Goulburn Street, Sydney has sold through JLL and Colliers International to Chinese developer, Poly, after it conducted due diligence late last year.

The vendor, Fortius Funds Management on behalf of SC Capital Partners, sold the property for $270 million after purchasing it in 2017 for $158 million. Fortius is a privately owned Australian investment management group.

The property was formerly known as Sydney Plaza and comprises a 28-level, B-grade office building with three levels of…