Acquisition of 101 Collins Street, Melbourne

Deal value: A$1.2 Billion (USD $800 Million)

Acquisition of a 1.1 million SF, 57-story Class A office tower in Melbourne’s CBD, targeting long-term capital appreciation and stable income.

The acquisition of 101 Collins Street is driven by a belief in the enduring value of prime, Class A office assets in core CBD locations. The investor is targeting long-term capital appreciation and stable income, leveraging the building’s iconic status, high occupancy, and premium tenant profile. The timing reflects confidence in Melbourne’s economic resilience and the ongoing demand for top-tier office space, even amid evolving workplace trends.