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Landmark Perth sale highlights market potential

By Staff Reporter
26 November 2009 | 1 minute read

The largest Perth CBD office transaction in three years shows a renewed appetite for major commercial property investment in Western Australia, according to global property adviser Savills.

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Charter Hall’s 50 per cent stake in the new Alluvion office tower was sold off-market to the Commonwealth Property Fund for $95 million.

It is the largest CBD office sale in Perth since Savills negotiated the sale of Allendale Square in December 2006.

Landmark Perth sale highlights market potential
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