Thai Airways office tower in Sydney CBD sells for $44 million

16 Mar 2018

Wiltshire International has bought the Thai Airways building at 75 Pitt Street in the Sydney Central Business District for $43.52 million, which exceeded the expectation of a mid-$20 million price guide.

The price indicates the value of office space in the Sydney CBD to investors, given the low vacancy resulting from the withdrawal of space to allow redevelopment such as mandatory acquisitions of buildings for infrastructure development.

The ...

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