Grocon to Sell Sydney CBD Assets

MELBOURNE-based builder Grocon will sell its Sydney headquarters, and an adjoining building that accommodates drinking institution the Belgian Beer Cafe.

The two properties, set to fetch about $10 million, are surplus to the company’s needs, now it has restructured.

Grocon plans to focus more on its own development activities, and less on third-party construction, according to the AFR, which reported the commercial property listings. Grocon’s outgoing office is in Gloucester Street.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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