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Investor bonanza as commercial property listings start to flow
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A swath of properties across the healthcare, office, hotel and service station sectors are being offered and snapped up as vendors tap into the demand for bricks and mortar assets by investors in the current low interest rate environment.
Office and industrial landlord Growthpoint has raised $66.1 million through the sale and leaseback of the Quad 2, 6 Parkview Drive and Quad 3, 102 Bennelong Parkway, Sydney Olympic Park.
EG Funds Management has acquired the property for their Urban Regeneration joint venture.