Keppel REIT acquires 50% stake in Sydney's 255 George St office building for $321M, with a 93% occupancy rate.
Keppel REIT acquires 50% stake in Sydney's 255 George Street office building for $321 million. The 38,996.8 sqm property has a committed occupancy rate of 93% and key tenants include the Australian Taxation Office and Bank of Queensland. Keppel REIT's portfolio now consists of 13 properties across Singapore (76.5% AUM), Australia (19.3% AUM), South Korea (3.3% AUM), and Japan (0.9% AUM).
April 01, 2024
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