Singapore-listed Suntec REIT completes acquisition of Sydney office asset for $208m

Singapore-listed Suntec REIT completes acquisition of Sydney office asset for $208m

Artist Impression of 21 Harris Street, Pyrmont, Sydney, Australia (Source: Suntec REIT)

Singapore Exchange (SGX) Mainboard-listed Suntec REIT announced that it is acquiring 100 per cent interest in an office property in Sydney for A$297.00 million ($207.99 million).

The price tag includes the purchase price of A$119.00 million ($83.33 million) and expected fees for development services of around A$178.00 million ($124.65 million).

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