Suntec REIT buys Australian Grade A office for $281.54m

Submitted By:  Arianna Danganan Case Study:  No The property has a net lettable area (NLA) of approximately 203,400 sqft. Suntec Real Estate investment trust’s (Suntec REIT) wholly-owned sub trust, Suntec REIT 21 Trust, has entered into agreements to acquire a 100% interest in the freehold Grade A office building located at Pyrmont, Sydney for $281.54m (A$297m), an announcement revealed. read more