Business
Grollo family sells Footscray office building to Centuria for $224m – The Australian Financial Review
Melbourne’s Grollo family has exited an investment it has held since 2014, selling to Centuria Capital Group for $224 million….
It will be the largest capital raising undertaken by Centuria for a single asset fund and the biggest in the market for 15 years, according to the fund manager.
The building is 100 per cent leased, mostly to the Victorian government, with an average weighted…
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