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Former analyst pays $48m for Brisbane office tower

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Former CBRE research analyst Jacob Fong has joined the growing number of private investors making counter-cyclical investments in the struggling office market after paying $48 million for a partially vacant tower in the Brisbane CBD.

119 Charlotte Street was sold by the Uniting Church. 

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/commercial/former-analyst-pays-48m-for-brisbane-office-tower-20240527-p5jgx4