Germans buy offices in Australia
Germans buy offices in Australia
Six German real estate funds are going to buy offices in east part of Australia for the sum of $1 billion.
Funds can already come to the agreement within the nearest weeks. It is supposed to spend for each object from $50 million up to $200 million. Management of German investment company Real IS has come to the decision on purchase of office skyscraper, located in the western part of Sydney. Cost of the transaction is estimated in $104,5 million
Actives of company Real IS in Australia total $500 million
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