By Richard Hook2018-10-09T13:00:00
AXA IM - Real Assets has completed the acquisition of a parcel of land with full office redevelopment approval in the Cremorne precinct of Melbourne for $32.5m (£25m).
Acquired from Caydon Property Group on behalf of one of its clients, the scheme at 21 Harcourt Parade will be redeveloped in joint venture with Caydon into an office building as part of a $100m (£76.7m) investment.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.