AEW Capital Management (“AEW”) has acquired Macquarie Innovation Centre for AUD 144 million and a portfolio of 2 multifamily assets in Japan for JPY 5 billion.
Macquarie Innovation Centre is a 12-storey newly completed Grade A office building located in Macquarie Park, strategically located north-west of Sydney. It is positioned in a prominent location with direct access to transport infrastructure, amenities and services with the adjacent Macquarie Shopping Centre, one of the largest regional malls in Australia. The property is approximately 158,000 square feet and is a long-hold, income focused asset leased to a diverse tenant base with a 100% income occupancy rate.
You can now read the full press release at the link below