BGO and Investa have entered into an agreement to acquire a portfolio of assets in Australia from Dexus, comprising 123 Albert St. in Brisbane, 30 Hickson Road (also known as 30 The Bond) in Sydney, and 36 Hickson Road in Sydney.
The acquisitions further strengthen the partnership between Investa, Cliffbrook and BGO, following two recent investments, with the partnership now representing a total value of approximately A$1.8 billion ($tk billion), including 10–20 Bond St. in Sydney and 100 Mount St. in North Sydney.
BGO and Investa’s flagship office fund, the Investa Commercial Property Fund (ICPF), will each hold a 50 percent interest in 123 Albert St. in Brisbane. The premium-grade office tower, completed in 2011, comprises approximately 40,000 sqm of N
