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Grollo family sells Footscray office building to Centuria for $224m

Martin Kelly
Martin KellyReporter

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Bruno Grollo, the patriarch of the famed Melbourne development family, and two of his children, Adam and Leeanna, have sold a 14-level office in the inner-western Melbourne suburb of Footscray to Centuria Capital Group for $224 million.

The property was developed by the family’s construction business, Grocon, in partnership with the Victorian government and owned by Cappello (Footscray) Pty Ltd. Company filings show that Cappello, Italian for hat, is controlled by siblings Adam, Leeanna and their father Bruno.

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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com

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    Original URL: https://www.afr.com/property/commercial/grollo-family-sells-footscray-office-building-to-centuria-for-224m-20210610-p57zuh