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Roxy-Pacific sells its Sydney office building for A$158 mil

By Michael Lim

/ The Edge Property |

April 11, 2017 10:00 AM SGT

Roxy-Pacific Holdings announced that its subsidiary, Roxy-Pacific Goulburn, has signed an agreement with investment firm I-Prosperity Group and private firm Toga D&C to sell them its freehold office building at 59 Goulburn Street in Sydney, Australia for A$158 million ($166.6 million).

The property was jointly marketed by Jones Lang LaSalle (NSW) and Colliers International (NSW). The sale is subject to the findings of a due diligence exercise to be carried out by the buyers, as well as further definitive sale agreements.

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