Valad Sells St Leonards Office Building at a Discount, For $19 Million
VALAD Property Group has recorded a huge loss from the sale of a seven-level office building on Sydney’s North Shore.
The 39 – 41 Chandos Street office sold to fund manager Markham Corp for $19.05 million in September, after previously being valued this year at $20.9 million.
Valad paid just over $24 million for the office in late 2007.
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