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GPT Secures 50% Stake in Sydney’s Grosvenor Place, Partnering with CSC
8:40am on Friday 24th of October, 2025 AEDT
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Real Estate
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GPT Secures 50% Stake in Sydney’s Grosvenor Place, Partnering with CSC
8:40am on Friday 24th of October, 2025 AEDT
Key Points
GPT acquires 50% interest in Grosvenor Place for $860 million plus costs
Partnership formed with Commonwealth Superannuation Corporation (CSC)
Grosvenor Place is a landmark 44-level premium-grade office tower in Sydney
Transaction expected to close December 2025, subject to regulatory approval
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