General
GPT Buys In Parramatta For $227 million
A well located building in the heart of Parramatta has changed hands for $277 million. Eclipse Tower at 60 Station Street is virtually next door to Parramatta Station and across the road from the Parramatta Interchange.
Agents for the sale were Knight Frank Sydney and CBRE Sydney. The vendor of Eclipse Tower was super fund REST, the industry superannuation fund that was established in 1988 for employees within the retail sector.
The purchaser was the GPT Group, a real estate investment…
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