Growthpoint Properties Australia (ASX:GOZ) has acquired three modern office properties, and a 100 per cent pre-committed office development site for a total consideration of $289.5 million.
The company says the assets provide excellent investment opportunities, continuing its diversification into the office sector.
The acquisitions include two office buildings called CB1 and CB2 in South Brisbane, a 24-level office building on Ann Street in the Brisbane CBD, and an office building currently under construction at Technology Park in Sydney, which will be 48 per cent leased to Fox Sports (Premier Media Group).
The acquisitions bring the company’s portfolio up to 40 properties, worth $1.54 billion.
Growthpoint Properties Australia (ASX:GOZ) reported a profit of $43.3 million in the six months to June.
