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GIC, Charter Hall JV acquires A-grade office building in Sydney

The property will benefit from significant developments and infrastructure projects within the precinct, says GIC

Published Tue, Nov 5, 2019 · 09:50 PM

Singapore

SINGAPORE'S sovereign wealth fund, GIC, has entered into a joint venture (JV) partnership with Australia-listed property group, Charter Hall, to acquire an A-grade office building in Sydney for an undisclosed sum.

The Jessie Street Centre in Parramatta CBD (central business district) in Sydney has a net lettable area of 53,900 square metres (sq m) and provides retail offerings as well.

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