Marquette Properties buys Mirvac tower in Brisbane’s Southbank for $104.4m

 Boutique real estate investment manager Marquette Properties has splashed out on another major office building in inner Brisbane with a $104.4 million deal for a Southbank tower developed by Mirvac Group (ASX: MGR).

Hard on the heels of the $420 million acquisition of the Blue Tower in the CBD’s ‘golden triangle’, bought in partnership with an Lendlease (ASX: LLC) fund earlier this year, Marquette’s off-market deal for 189 Grey Street gives the Brisbane-based fund a foothold in Brisbane’s most tightly held office precinct.

Mirvac offloaded the office building as part of the property giant’s $1.3 billion sell-off of non-core assets announced earlier this year.

Read More: https://www.businessnewsaustralia.com/articles/marquette-properties-buys-mirvac-tower-in-brisbane-s-southbank-for--104-4m.html



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