Australia’s largest ASX-listed metropolitan office REIT set to buy four major properties in Australia’s second largest commercial property transaction of the year
Centuria Property Funds Limited (CPFL) as Responsible Entity of Centuria Metropolitan REIT (ASX:CMA) today announced that CMA has entered into unconditional agreements to acquire three office properties, and a 25% interest in a fourth, for a total of $520.9 million.
The properties are located in key inner metro locations in Melbourne, Brisbane and Sydney, and are being sold by a subsidiary of Hines Global REIT, Inc.
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