Adelaide $148 Million CBD Sale

In the smaller commercial market of Adelaide a building has changed hands for $148.3 million. 

The sale of the CBD building at 55 Currie Street was arranged by JLL Adelaide and Colliers International. The purchase follows earlier large sales including two hotels at 219-223 Wakefield Street and 45 King William Street for $99 million in April, and the former SA Water House at 77 Grenfell Street for $103.5 million in December 2018.

The vendor was Arc Equity Partners, which is owned equally by…