OUE REIT strengthens Sydney CBD presence with proposed additional c.50% stake in 180 George Street
FROM THE WIRE · PRNEWSWIRE.COM
/PRNewswire/ -- OUE REIT Management Pte. Ltd., in its capacity as manager of OUE Real Estate Investment Trust ("OUE REIT", and as manager of OUE REIT, the...
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMid-sized real estate deal, relevant for the REIT but of limited broader market significance.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01OUE REIT has been allocated an additional approximately 50% interest in 180 George Street.
- 02The agreed property price is A$864.0 million.
- 03The operation is announced through an OUE REIT Management press release.