Weekly Transaction Update - 16th March

This week we recorded only 3 major deals worth $80.8M.

The largest deal this week was theby Thai Airways of 75 Pitt Street Sydney for $43.52M. The price from Wiltshire International beat 30 other potential buyers reflecting the strength in demand for B Grade office buildings that remains in the market. The 2400 square metre 13-floor building sits on a small 234sq m site. Wiltshire are likely to refurbish the property and continue leasing it as office space given the low office vacancy rate in Sydney.

A Scroll through the list below or head to RE-Intel for further details.

* indicates unconfirmed price

Capital Management Australia

PO Box R1254

SYDNEY   NSW   1225

Tel: +61 412 173 476

Email: warwick@cmaust.com

ABN: 32 610 910 819

AFSL: 493605

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