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Wentworth Group acquires MLC Building for $100M to restore it as A-grade office space.
The MLC Building in North Sydney, a historic modernist structure, has been acquired for over $100 million and will be refurbished into A-grade commercial space.
The new owners, Wentworth Group, plan to complete the upgrades and lease the building by next year, prioritizing the building's restoration over previous proposals for a high-rise tower.
This move supports the broader revitalization of North Sydney's central business district.
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Wentworth Group adquiere el Edificio MLC por $ 100M para restaurarlo como espacio de oficinas de grado A.