Sydney Commercial Tower Sold For $240 Million

China Communications Construction Company’s (CCCC) Australian construction arm, John Holland, has on-sold its development at 275 George Street, Sydney for $240 million to Japan’s Daibiru Corporation.

The A-grade, 15-storey commercial tower is currently under construction and upon completion will have around 7,300 sqm of office space with floor sizes ranging from 283 sqm to 498 sqm. 

In its first foray into the Australian market Daibiru will purchase the land from John Holland and…