Malaysia pension fund KWAP sells Sydney office tower for $246m

Malaysia pension fund KWAP sells Sydney office tower for $246m

The entrance to the Australian Securities Exchange (ASX).

Malaysia’s second largest pension fund, Kumpulan Wang Persaraan (KWAP), has sold a grade A office tower, located in Sydney’s 20 Bridge Street, for about $246.4 million (A$340 million) to a Hong Kong-based wealthy individual.

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