21 October 2016, Friday The Business Times (online) Straits Trading sells office building in Australia for A$161.5m

By

Jamie Lee leejamie@sph.com.sg @JamieLeeBT

PROPERTY firm Straits Trading Company will sell an office building in Australia for about A$161.5 million (S$171.8 million), it said on Friday. PHOTO: SPH

OCT 21, 2016 5:31 PM

PROPERTY firm Straits Trading Company will sell an office building in Australia for about A$161.5 million (S$171.8 million), it said on Friday.

The office building is at 114 William Street, in Melbourne and will be sold to AFIAA Australia 4 Pty Ltd. The property is a 26-storey office building with 22 levels of office space, one level of ground retail space and two basement car park floors. The property offers a total net lettable area of 21,010.8 square metres. It was valued at A$134 million as at June 30, 2016.

The Straits Trading Company Limited published this content on 21 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 October 2016 08:41:03 UTC.

Original documenthttp://ir.listedcompany.com/tracker.pl?type=6&id=551140

Public permalinkhttp://www.publicnow.com/view/3FB29FCD7030AF8342AA8E61A9B34591C55AF4D7