Charter Hall And Psp Investments Pay A$830m For Telstra's Global | News | Ipe Ra

by realassets.ipe.com posted 1year ago 31 views
The 242 Exhibition Street building was acquired from Oxford Properties and ICPF. : Australian property group Charter Hall has confirmed the acquisition of the A$830m (€515m) Telstra Tower in Melbourne in partnership with Canada’s Public Sector Pension Investment Board (PSP Investments). Earlier this week IPE Real Assets reported that Charter Hall had agreed to buy the 242 Exhibition Street building from Oxford Properties and the unlisted Investa Commercial Property fund (ICPF). The 43-level Telstra Tower, in the northeastern sector of Melbourne central business district, is an A-grade building comprising almost 66,000sqm of office space.

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