Real Estate
GLL buys the asset in Sydney for AUD78m; Keen to continue investing in Sydney. : The Munich-based fund manager, soon to become the real estate equity platform for Macquarie Infrastructure and Real Assets (MIRA), has entered a partnership with Sydney-based Marprop. Industry sources told IPE Real Assets that Marprop, a boutique manager with some AUD800m in assets under management, will act as GLL’s asset and investment manager in Australia. But it is unclear whether Marprop co-invested in the office building, located in North Sydney, a source said.

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