ASX-listed Abacus Property Group bought the last asset for sale in the former Investa Office Fund portfolio, snapping up an A-grade office tower in North Sydney from Canada's Oxford Properties for $313 million.
Oxford began offloading 12 large office assets across the country earlier this year after it acquired the Investa Office Fund for $3.4 billion in 2018. The latest sale marks the completion of the process, with $3.2 billion worth of properties sold in just nine months.
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Ingrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com
