MGPA acquires Australian property for $110m
MGPA, a private equity real estate investment firm, has acquired a property of retail and office spaces located in Sydney, Australia, for A$105.1 million ($110 million).
Investing via MGPA Asia Fund III, a $3.9 billion vehicle launched in 2007, the firm bought the Grade B office building based at 6-10 O'Connell Street. The building has a net lettable area of around 16,000...
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