THE buoyant Brisbane office market has underpinned Multiplex Property Trust's latest revaluation result.
The MPT portfolio realised a gain of $176 million from the revaluation of 13 assets in the second half of the 2007 financial year.
The top three gains were recorded in
The CBA building was revalued $235 million, up $50.87 million; AMP revalued $230 million, up $38.61 million and the trust’s 50% stake in the ANZ Centre was revalued $79.50 million, up $14.33 million.
As at June 30, 2007, the trust’s portfolio was valued at $1.33 billion, up from $1.15 billion.
Australian Property Journal
