New owner Primewest Counter Cyclical Trust is understood to be acting on behalf of GIC, a Singapore-based find manager that manages Government assets.
A 40 level Premium-Grade office tower in Perth's CBD has reportedly been sold for $326 million.
It is understood that joint owners AMP Capital Wholesale Office Fund (AWOF) and Primewest sold Exchange Tower to the Primewest Counter Cyclical Trust, acting on behalf of Singapore’s GIC, a fund management organisation that manages Government assets.
Exchange Tower offers 32 levels of commercial office space, specialised retail and parking, in the heart of the Financial District of Perth's CBD.
The building offers full Concierge services from 6.00am to 6.00pm on weekdays, ground floor lobby cafe Little Angel Espresso Bar and end of trip facilities including showers, and bike storage, repair, and servicing.
Current tenants are a mix of market leaders in a diverse range of sectors and a number of government departments.
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