$300m fire sale to flood ACT commercial property market

Posted by admin on November 30th, 2008 filed in Uncategorized

Property worth more than $300million is about to flood Canberra’s real estate market as an asset-rich multinational conducts a fire sale of its holdings. Since it entered the ACT market in 2003, when it bought the Defence Department-leased Campbell Park Offices for $90 million, GE Real Estate has snapped up a local property portfolio estimated [...]

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