NEW York Stock Exchange listed Brookfield Office Properties has completed the $A3.8 billion acquisition of an interest in an Australian portfolio from Brookfield Asset Management.
The 16 office properties, which are 99% leased, comprise 8 million sq ft of space and is diversified across Sydney, Melbourne and Perth.
Brookfield Office Properties CEO Ric Clark said this acquisition is consistent with strategy of investing in markets driven by financial services, government and resource/energy sector tenants within a country that we believe is poised for strong growth over the short and long term.
Australian Property Journal
