ING Office Fund Sells 412 St Kilda Road For $42 Million
ING Office Fund today announced progress of its selective asset disposal program with the sale of 412 St Kilda Rd Melbourne for $42.0million, reflecting a 6.7% discount to the 31 December 2008 book value.
The property was acquired in June 1996 at a cost of $34.3million and had a book value at 31 December 2008 of $45 million.
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