Emboss Capital – realestatesource https://www.realestatesource.com.au Commercial and residential property news Thu, 16 Dec 2010 04:13:29 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png Emboss Capital – realestatesource https://www.realestatesource.com.au 32 32 Emboss Capital Pays $55 Million For Civic Office, Canberra https://www.realestatesource.com.au/emboss-capital-pays-55-million-for-civic-office-canberra/ Thu, 16 Dec 2010 04:13:29 +0000 http://realestatesource.com.au/wordpress/emboss-capital-pays-55-million-for-civic-office-canberra.html EMBOSS Capital has paid $55 million for a Canberra office building – its second major transaction on Australia’s east coast recently.

The A-grade, six-level, 9000 square metre office, in the suburb of Civic, was sold with a long lease to the federal government.

According to the selling agencies, Colliers International and Jones Lang LaSalle, the building sold on a yield of 7.4 per cent.
]]> Last month, it was also reported by the AFR, Emboss paid Stockland $61.5 million for a St Leonards office building on Sydney’s north shore.

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