Real Estate
Asset was acquired from a Lendlease wholesale fund and Savills IM. : Canada’s Manulife Real Estate has bought an office tower in Melbourne from a Lendlease wholesale fund and Savills Investment Management for around AUD300m (€195m). The asset is located at 800 Collins Street in Melbourne’s Docklands, an extension to Melbourne central business district. But sources close to the owners told IPE Real Assets that the buyer is Manulife Real Estate, which is making its entry into the Australian office market. When the building was put to market in October, marketing agents indicated that it would fetch at least AUD270m.

In this article