Credit Suisse May Pay Grocon $170 Million For Brisbane Site

The sale reflects a yield of just over 7 per cent. It’s part of a divestment by Grocon, which also includes a quarter stake in an $800 million office in Castlereagh Street, Sydney, and several parts of a $1.2 billion development site in Carlton, on the cusp of the Melbourne CBD.

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Marc Pallisco

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