Melbourne’s First Big Sale for 2017

A private investor has purchased 3 towers at The World Trade Centre in Melbourne for $267.5 million.

Three towers at The World Trade Centre in Melbourne, located at 18-38 Siddeley Street, Docklands, have been sold for $267.5 million. The vendors were Clement Lee of Kew, KKR Harbourview Pty Ltd (ultimately owned by KKR & Co L P of New York) and Abacus Property Group (which listed on the ASX in 2002 and is a stapled entity that combines various companies and trusts).

The WTC, according to…