Two Charter Hall-run funds have combined their buying power to acquire an office building on central Brisbane's Tank Street for $93 million from an Ariadne joint venture.
The joint venture had bought property from Blackstone-owned 151 Property Group for $56.1 million in April last year.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter.
