Orchard Funds Management Makes $18 Million From Canberra Office Sale

Australian Ethical Investments is the purchase of the property. Property manager Robert Sharf told the AFR it plans to grow its portfolio to between $150 million and $200 million over the next two to three years.

Elsewhere in Canberra, Mirvac is understood to be considering selling its Departmetn of Health and Ageing building in Woden, while German fund manager Real IS is understood to be in advanced negotiations to buy the Australian Taxation Office headquarters of Queensland Investment Corporation.

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Marc Pallisco

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