Latest Office Property Investment News

GPT Group has acquired a 50% interest in Sydney’s iconic Grosvenor Place office tower, forming a strategic partnership with Commonwealth Superannuation Corporation (CSC) and expanding its premium office portfolio.

Australian Unity Office Fund has declined a revised $54.5 million offer for its Brisbane property at 150 Charlotte Street after the purchaser defaulted on the original contract. The fund now awaits the purchaser's next move before the September 8 deadline.

Australian Unity Office Fund’s planned $63.5 million sale of 150 Charlotte Street, Brisbane, has hit a snag with the purchaser defaulting on settlement, prompting a sharp valuation downgrade and withdrawal of distribution guidance.