General
Joint Venture Invests in a Sydney Building for $158 Million
A recent Sydney CBD sale demonstrates the continuing strength of the commercial property market.
In a sale arranged by Colliers International and JLL, 59 Goulburn Street, Sydney has sold for $158 million. The vendor was a subsidiary of Roxy-Pacific Holdings. Roxy-Pacific was established in 1967 and listed on the Singapore Exchange in 2008. Its main focus is the development and sale of residential and commercial properties.
The purchasers were I-Prosperity Pty Ltd and Toga D&C Pty Ltd….
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