Wesfarmers-owned OAMPS, Irwinconsult Fill New Becton East Melbourne Office

Becton occupies the remaining 1,100 square metres of the 5,500 square metre building as its headquarters, recently relocating from its long-time St Kilda Road home.
 
Savills director Phil Cullity is understood to have represented OAMPS, but declined to comment on any part of a deal when contacted by The Age.
 
Becton quietly put the office building on the market this week, with an anticipated sale price of about $30 million.
 
“As much as we would love to retain the asset in house the focus of the Becton Office Fund is to reduce its current debt levels, and in a market like this, the best assets are the ones that sell,” Becton chief executive officer Matthew Chun told The Age.
 
Knight Frank was leasing agent for the building, and is now marketing it for sale.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.