Deka Immobilien has exchanged contracts to secure a high quality office property in Melbourne, Australia, for a purchase price of around EUR 280 million. Dexus, a leading Australian real estate groups, is the seller of the real estate. The building will be added to the portfolio of the open-ended real estate fund Deka-ImmobilienGlobal.
The high quality office tower, located at 452 Flinders Street, was built in 1994 and offers more than 38,000 m² of leasable space, 276 bicycle parking places and high-quality end-of-trip facilities. It is fully leased to 16 tenants under long-term leases. The main tenant is the Jacobs Group. The property is located in the western part of the central business district and offers good access by public and private transport.
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