Thursday, 13 September 2012

Parramatta. Talks to buy office tower

REST Industry Super is in talks about buying the $160 million Eclipse Tower, a 19-level office building in the Parramatta CBD. The 25,660-square-metre office tower developed by partners Leighton Properties and Grosvenor Fund Management Australia, reached practical completion last month, and is tipped to come to the market later this year. About 70 per cent of the space is leased to QBE (12,000 square metres) and Deloitte (6000 square metres), with Landcom taking two floors, according to The Australian Financial Review.



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