GPT Offloads Docklands Office Tower for $383m
GPT Group has added to a surge of deals worth more than $3 billion so far this year, as it continues to divest secondary office buildings and reinvest in premium CBD towers and industrial warehouses.
Under the latest deal, GPT’s Wholesale Office Fund (GWOF) is offloading its Docklands office building at 750 Collins Street for $383 million to Singapore-based Trust Capital Advisors.
The A-grade commercial office building comprises 41,110sq m of net lettable area across 10 storeys on a 7700sq m site at the corner of Collins Street and Batmans Hill Drive.
TUD+ Member Only Content
Want to read more?
Sign in to your TUD+ Account or join 50,000 property professionals who stay up to date with our newsletters and market trends with Australia's most trusted property journalists.
Why Decode is Betting Big on Newcastle’s Next Growth Wave
Highlife Property on Finding its Toehold in a Frothy Gold Coast Market
Why Construction Sector is Ripe for AI Disruption
Fitness Empire Leans into Design to Push Bar Higher
