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Sign in Sign up for a FREE subscriptionMacquarie acquires 60 Carrington Street on behalf of GLL Australien Fonds
Macquarie Asset Management, on behalf of GLL Australien Fonds, has acquired a 50.1 percent equity interest in 60 Carrington St. in Sydney for approximately A$140 million ($109 million).
The approximately 14,600-square-meter (157,000-square-foot) prime office building is located within the redeveloped and revitalized Wynyard precinct in Sydney’s central business district. Close to key transport connections, the 16-story property occupies a prominent corner position overlooking Wynyard Park.
Florian Winkle, co-head of Macquarie Asset Management’s real estate team in Europe, said: “We are delighted to have secured this iconic building in the heart of Sydney on behalf of our German institutional clients. Situated near a growing transport hub in the city center, 60 Carrington Street is a high-quality property and a welcome addition to our Australian office portfolio.”
The recently refurbished building is currently 100 percent leased to high-grade tenants and
