NINE NETWORK IN AUSTRALIA TO SELL ITS HEADQUARTERS PROPERTY IN BOTH MELBOURNE AND SYDNEY
December 15th 2007 20:36
Charter Hall, one of Australia’s leading property fund managers and property developers has been awarded the exclusive right to negotiate the purchase of the Nine Network’s television headquarters in both Sydney and Melbourne following a tender process.
The Sydney property is an iconic landmark located in Willoughby on Sydney’s lower north shore and will be acquired by Charter Hall’s Opportunity Fund No. 5.
The Sydney property does not include the transmission tower which is owned by TX Australia and is not part of the sale process.
The Melbourne property, in Richmond, will be purchased by a dynamic consortium comprising 50 percent Charter Hall’s CHOF 5, and 50 percent R.Corporation and Crane Corp.
- From MediaBlab
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