NEWS IN BRIEF
Gowings open to offers
The high-profile Gowings building in the Sydney CBD is up for grabs. Following the collapse of the tenant, G Retail, the owner, Gowings Bros, has instructed CB Richard Ellis to offer the building for sale or lease. The latest accounts show Gowings holds $39 million worth of retail property and has another $20 million in its portfolio of commercial property. Another option is to strata title the building. No price has been given for the sale. Robert Harley
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