Top Brisbane Tower Sells

Defying the COVID-19 market uncertainty, 340 Adelaide has changed hands at $87 million. It was sold by Flint Davidson, Tom Phipps and Bruce Baker of CBRE Brisbane on behalf of Mirvac. The purchaser is Forza Capital, a Melbourne based property investment group founded by Adam Murchie and Ashley Wain in 2010; the property will be placed in the new Forza 340 Adelaide Street Fund.

340 Adelaide is a 17-storey commercial building completed in July 1991. The building comprises two basement levels with…